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Transcorp’s Expenses Rise to N21.2bn in H1

Transcorp's Expenses Rise to N21.2bn in H1 Transnational Corporation (Transcorp) Plc says its operating expenses increased by 50 percent to N21.2 billion in the first half (H1) of 2024. In a statement highlighting the H1 2024 report on Monday, Transcorp said the surge in operating expenses...

Stock Market Extends Decline, Records N8bn Loss

Stock Market Extends Decline, Records N8bn Loss         Transactions on the floor of the Nigerian equity market extend losses on Monday as bears tightened their grip on the market. The market breadth also closed on a negative note with five gainers against 46 losers. The Nigerian Stock Exchange...

Equity Market Extends Downturn With N41bn Loss

Equity Market Extends Downturn With N41bn Loss       Transactions in the Nigerian equity market on Monday closed negative, as losing streak extended to the fourth consecutive trading days, following sell-off on some high valued stocks. However, the market breadth closed negative, recording 13 gainers and 16 losers. Consequently,...