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NSE Records N29bn Loss

NSE Records N29bn Loss     Trading activities on the floor of the Nigerian Stock Exchange (NSE) fell by 0.22 per cent on Thursday to halt its gaining streak as market speculators began profit-taking. Consequently, the All-Share Index dropped by 53.22 basis points or 0.22 per cent to...

In Just Four Days Stock Market Loses N291bn

In Just Four Days Stock Market Loses N291bn Despite analysts’ predictions that the performance of the nation’s stock market would begin picking up in the second half of the year, investors have recorded losses totalling N291bn in the four days since H2 began. The market, which...

NDIC Recovers N29bn From Liquidated Banks – MD

NDIC Recovers N29bn From Liquidated Banks - MD   The Nigeria Deposit Insurance Corporation says it has so far recovered N29bn from debtors of liquidated deposit money banks, microfinance banks and primary mortgage banks in the country. The Managing Director, Umaru Ibrahim, disclosed this at the 40th...

Honeywell, Others Top Stock Market’s N29bn Gain

Honeywell, Others Top Stock Market’s N29bn Gain   Equity transactions on the Nigerian Stock Exchange reversed the two-consecutive days’ downward movement to close in an upbeat yesterday, following price gains recorded by most blue-chip stocks, especially Honeywell flourmills and Cutix, as market capitalization increased by N29...