Stocks Reopen With N45bn Loss
Nigerian equities continued on the downward trend yesterday as investors continued their portfolio realignment across the sectors.
Benchmark indices at the Nigerian Stock Exchange (NSE) indicated average decline of 0.22 per cent yesterday, equivalent to net capital depreciation of N45.3 billion....
Investors Gain N45bn In Positive Market
The stock market sustained the previous day’s positive performance as gains in Nigerian Breweries (+5.4 percent), UBA (+4.8 percent) and ETI (+6.4 percent) drove the benchmark index up 34bps to settle at 25,413.76 points.
As a result, investors gained ₦45.3...
Investors Lose N45bn As 15 Firms Push Stock Market Lower
Investors lost N45bn on Tuesday as the stock market extended its decline amid losses recorded by 15 firms.
The market breadth closed negative as only eight firms gained while 15 saw their share prices drop at...
Stock Investors Gain N45bn On Positive Sentiment
Equities segment of the Nigerian Stock Exchange extend its rally on Tuesday following gains recorded by some blue-chip firms.
The NSE All-Share Index rose by 0.34 per cent, although the market breadth was negative as the number of gainers...
Govt Agency, Insurers To Recover N45bn From Fake Insurance Practitioners
The Federal Government is working with operators to recover about N45billion lost to fake insurance practitioners nationwide on Third Party Motor Insurance Policy in Nigeria.
Accordingly, the Federal Roads Safety Corps (FRSC), has concluded plans to...