NSIA Saves N133bn On Fertilizer Subsidy       The Nigerian Sovereign Investment Authority (NSIA) has saved $350 million (about N133 billion) by cutting subsidy payments and import substitution after it began implementing the Presidential Fertilizer Initiative. In a statement by the Authority, after four years of the PFI,...

Nigerian Equities Cross N16trn Mark With N133bn Gain       Nigerian equities crossed the N16 trillion mark to market capitalisation of N16.064 trillion yesterday after a major rally by Dangote Cement roused the market to net capital gain of N133 billion. Aggregate market value of all quoted equities...

Stock Market Extends Loss By N133bn   The Nigerian equity market on Tuesday sustained its negative sentiment to three consecutive trading sessions as investors continued to take profits to increase capital gains. Key market indicators, the NSE ASI, declined by 1.06 per cent as bargain hunters continued...