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Govts, Companies Raise N4.6trn From Capital Market In Five Months

Govts, Companies Raise N4.6trn From Capital Market In Five Months       Nigerian governments and companies have raised some N4.6 trillion in new capital from the capital market so far this year, already more than 100 per cent above the total capital raising recorded for the whole...

Investors Dump Equities Amid Anxieties Over CBN’s Rate Call

Investors Dump Equities Amid Anxieties Over CBN’s Rate Call         Nigerian equities closed at the weekend with a net loss of N604 billion as anxieties over the likely decisions of the Central Bank of Nigeria (CBN) on benchmark interest rate and other monetary policy tools fuelled...

NGX Declines Further By N301bn On Losses By Blue Chips

NGX Declines Further By N301bn On Losses By Blue Chips       Major blue chips posted price depreciation on the Nigerian Exchange (NGX) on Wednesday, forcing the market capitalisation to drop by N301 billion in one day. Specifically, the market capitalisation which opened at N20.339 trillion lost N301...

Investors Lose N148bn On NGX In A Session

Investors Lose N148bn On NGX In A Session       The Nigerian Exchange (NGX) market capitalisation dropped further by N148 billion, extending bearish run to two consecutive trading sessions. Specifically, the market capitalisation which opened at N20.487 trillion shed N148 billion or 0.72 per cent to close at...

Bears Dominate Trading On NGX, Capitalisation Drop By N193bn

Bears Dominate Trading On NGX, Capitalisation Drop By N193bn       The bears were dominant on the Nigerian Exchange (NGX) Ltd., on Wednesday with market capitalisation declining further by N193 billion. Specifically, the capitalisation which opened at N20.830 trillion dipped N193 billion to close at N20. 637 trillion. Similarly,...

Foreign Portfolio Investments Drop By 40.4% In Q1, 2021

Foreign Portfolio Investments Drop By 40.4% In Q1, 2021       Foreign portfolio investments (FPIs) in Nigeria dropped by 40.35 per cent to N150.23 billion in the first quarter of the year as against N251.87 billion recorded in comparable quarter of last year. Nigeria’s latest FPI report obtained...