HomeTagsN38 Billion

Tag: N38 Billion

N38bn Budget For Road Repairs Inadequate – Senate

N38bn Budget For Road Repairs Inadequate - Senate         The Senate has described as grossly inadequate, the N38bn earmarked for federal road repairs in the 2021 budget. The red chamber said nothing meaningful could be achieved by the Federal Roads Maintenance Agency across the country with the...

Stock: Investors Lose N38bn, Market Falls Further

Stock: Investors Lose N38bn, Market Falls Further     Trading activities on the floor of the Nigerian Stock Exchange closed on a negative note on Wednesday to sustain negative sentiment following losses recorded by some blue-chip firms. The market breadth equally closed negative, with seven gainers against 23...

Equity Market Begins August With N38bn Gain

Equity Market Begins August With N38bn Gain     The equity market on Monday sustained rally for the second trading session to open the month of August on the positive note. The market performance indices, NSE ASI, appreciated by 0.29 per cent as the market breath closed positive...

Stock Market Extends Decline, Investors Lose N38bn

Stock Market Extends Decline, Investors Lose N38bn     The nation’s stock market extended its decline on Monday as investors lost N38bn at the end of trading. The market breadth closed negative as 26 losers emerged while 11 firms recorded gains. The NSE All-Share Index dropped by 0.29 per...

Market Gaining Streak Halted After Capitalisation Sheds N38bn

Market Gaining Streak Halted After Capitalisation Sheds N38bn   The Nigerian equities market lost Wednesday gains at the end of yesterday’s’s transactions, following sell-pressure in high cap stocks, resulting to a slide in market capitalisation by N38 billion. The All Share Index (ASI) fell by 81.28 points...

Profits Of Consumer Goods Firms Drop By N38bn

Profits Of Consumer Goods Firms Drop By N38bn   The profit of Fast Moving Consumer Goods companies listed on the Nigerian Stock Exchange declined by N38.02bn in the 2018 financial year. Although there are 21 FMCG companies listed on the stock exchange, the results of nine of...