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Equities Rebound As Capitalisation Rises By N55bn After Holiday

Equities Rebound As Capitalisation Rises By N55bn After Holiday   The Nigerian equities market closed trading on Wednesday after the public holiday on a positive note with the market capitalisation improving by N55 billion. The bullish performance was buoyed by investors’ bargain hunting in the industrial goods...

Stock Market Extends Gains By N55bn

Stock Market Extends Gains By N55bn          Nigerian stock market sustained its positive outlook on Tuesday to begin the month of December on a positive note as the All-Share Index and the market capitalisation rose further by 0.30 per cent each. Market watchers attributed the development to...

Stock Investors Lose N55bn As Market Falls Further

Stock Investors Lose N55bn As Market Falls Further     Investors in the Nigerian stock market lost N55bn at the end of trading on Monday amid profit-taking. The market breadth closed negative as 14 firms recorded gains while 17 saw their share prices decline. The Nigerian Stock Exchange All-Share...

N55bn Infrastructure Decay As Telecom Firms Fold Up

N55bn Infrastructure Decay As Telecom Firms Fold Up   Telecom facilities worth more than N55.43bn across the country are wasting as the firms that own them have folded up operations. The Nigerian Communications Commission has identified 693 abandoned masts and towers across the six geopolitical zones of...

Nexim Okays N55bn Loan Applications For Exporters

Nexim Okays N55bn Loan Applications For Exporters   The Nigerian Export-Import Bank has, within the last one year, approved loan applications worth N55bn for exporters in the country, the bank’s management disclosed on Tuesday. A statement issued by NEXIM in Abuja explained that most of the benefiting...

Foreign investors withdrew N55bn From Stock Market In February, Says NSE

Foreign investors withdrew N55bn From Stock Market In February, Says NSE The Nigerian Stock Exchange has said foreign outflows from the stock market increased by 97.8 per cent from N27.81bn in January 2019 to N55.01bn in February. The NSE, in its latest foreign portfolio investment report,...