Trading on the Nigerian Stock Exchange on Thursday continued to react negatively to the outcome of the presidential election with the market capitalisation losing N196 billion to close below N12 trillion mark in February.
A market analyst, Ambrose Omordion, attributed the development to investors disappointment over the outcome of the elections. He said that apart from the outcome of the elections, everything was against the stock market ranging from delayed budget, expiration of the tenure Baof Central Bank of Nigeria governor by June.
He, however, called on investors to target pension funds stocks that were consistent in dividend payment in the last four years.
Corrupt businesses pulling out
Sai Booboo
Buhari is a disaster in all d sectors no doubt
It will raise again. Don't panic
Loses? E never start... More will hit?
First was fighting corruption and they paved way for high rate of poverty by closing the shop(Nigerian economy) to run after theives (themselves) . And now next level is going to mean death for Nigeria. segalink NigeraDecides2019 NigeriaDecides2019result NigeriaDecides
Na bcos election dey ni
We like am like that. As we no gree get sense, Na Wetin good for us.
Next level💯💯💯
Welcome to the next level. Sai baba!
Buhari is bad luck. The name Buhari is synonymous with failure, calamity, backwardness, dark days, stagnation, infertile, negativity and unproductive. You can add yours or go and argue with your village native Doctor
Samuel4Olufemi Next level
Nextlevel mantra with effect is seen!
Roland_speaks It’s about to go down🔐
Sai baba Buhari. Mai su gudu, su gudu.
ladies and gentlemen this isn't funny this country need a special prayer not arguments please.
Investors are running and our economy is crumbing because of power seeking people. Enjoy your next level
God punish the riggers who brought us into this and are telling Atiku to concede defeat that never happened. How can someone see his good result only for him to see a different thing on the board and you say he should accept it. For what? God will not allow this Injustice.
investors are backing out... Next level has been activated...
Very bad omen
An average aboki doesn't know the meaning of stock Market , even their king Buhari doesn't even know the meaning of livestock let alone stock market. Buhari is just there to steal money and cripple businesses.
you never see anything. by the time we are done with this NextLevel , there may not be Nigeria any more
NextLevelConfirmed
Next level things. Una just dey start. Una go soak garri tire... Sai baba..🤣🤣🤣🤣
The consequence of having a lifeless government...🙆
DonPEKA Una never chee chum thing.
Welcome to the next level, the game just start
Next level lol benmurraybruce
Sayonara....
Oh oh.. I heard the national chairman of Apc saying they should not come back to invest... 😂
*turns the other cheek*
immakogwu This is just the tip of the iceberg!
Please is there a way the stock will just lose everything ? It need to, so we all can rest
Our next level just started
I have said I will not complain again. But, I advise you check inside the bullion vans seen at bourdillion avenue that very morning.
Suleiman_maude welcome to the Next Level.
The TheNextLevelNG bullsh*t I was lamenting about!
We are getting there. If not there already.
They will say it's corrupt money😙.
None of you people voted , you got what you did not voted for . Until the foreign investors return expect more fall
Very soon NigeriaDecides2019 will grow from been poverty dump to refuge dump Thanks to Nextlevel
Well it now official welcome to Nextlevel NextLevelConfirmed NextLevelAsurred
Now they don't have who to blame again... Trust me if the do.....na sorry be this country name!
NextLevel
Next level so fast?.
The real next level 😂😂😂😂
By end of d year,they will even lose the name Nigeria Stock Exchange,cos it won't be in existence again.
This is good news 4+4
OK thank you, you have never calculated what we have lost when crude was $150 per barrel
Stocks fall didn't affect Dangote who jumped up in the world ranking except for the Nigerian oil billionaires have fallen off the list just as the oil price fell. MBuhari must look at Dangote business and diversify Nigeria economy not rely solely on oil. Clueless CBN Gov must go
MBuhari see your life
'Next Level' thing
Sai baba.. Next level
Hmmmmmm.... God have mercy!!!
To all insane Nigerians, your NEXT-LEVEL of POVERTY with OfficialAPCNg has just been confirmed with the inecnigeria Imposition of lunatic tyrant MBuhari as NGRPresident ThatIsNigeria the world headquarters of POVERTY
From 86 to 196, Oh lorrrd!.
4+4 Iya !!!!!!!!!!!
Where's my pop corn. Una Neva see something!
Buhari lacks the capacity to govern his cow and himself, which miracle will he use to govern Nigeria, to put smiles on the faces of Nigerians that he has brought so many pains, agony and sorrow...? It's only animals that voted for him again...
Its not much jor...its close to the amount we used for election na😂😂
While AlikoDangote gain $5billion ....nijja I hail thee......only if there is no GOD in heaven.....the Queen of the east will rise up against this generation and condem it.
You have said it before na.... Wetin, shey u want make we congratulate loss or wetin...e don do.. Some go invest soon.
This is just the beginning 😜😜 next level oti penalty 🤣🤣🤣
i thought it was 85 Yesterday? So fast?.... Please naa they should let it cool down till like June 12 naa... NextLevel So fast!
Next level
Sai baba
NSE is ahead on the Next Level
Next level ni o!
It has started...We have not seen anyting....Shebi dey voted for him...Let us all suffer it wella
The stock exchange investors are corrupt
Sign of next level 😃😄🤣😂
Next level activated ✔
yomi_mabayoje Ehhyaaa... stupid level
The market must learn to live within its means, because all along it was the proceeds of corruption that was causing it to rise. In Buharistan, the stock market does not matter at all, as long as NEXT level is on, they good To the clowns who think it does not concern, contunuuu
The riggers want us to loose our destiny all for the sick of their bank alert but it won't work
I just hope that the economy will not crash finally this time around. God na your hands we dey o.
Viva56860733 From N85bn to N196bn in 48hours? This government is nothing but bad news and a plaque
In a nut shell, job losts, companies winding up, investors moving out in numbers. God help us
Next Level loading! God have mercy on us
We all die las las
Welcome to the Next LEVEL
Bariyourz you still pissed at the other figure?
Go ahead spreading fake news.
hmmmmmmmmmm
Haba he just won on sat now, let’s even get to a new month before any issues now!
Abrams_mufc This one is just testing microphone E da nkan mo
Chineke Nna!
ceonigeria_ Next level of recession
Thought it was N86b the other day, now it's N196b? What is all this?
WaleAlimi_ Nobody falling the market, it's just fallinoniown
We Nigerians are highly pretentious! We keep promoting mediocrity and believing things will work themselves out. Buhari had shown he lacks the capacity to even govern his home but those that are benefiting from his profound inadequacies keep eulogizing him.
There were other costs as well both tangible and intangible. Just saying.
Just 196 billion.🙄
That's a respective welcome to NextLevelConfirmed.A man who doesn't know what is 'Livestock' or read what he wrote will take you to the moon! Just testing the mic! Let's enjoy our NextLevel of 'Iberiberism' joor!
Next level confirmed
omaakatugba DrJoeAbah jeffphilips1 Omojuwa obyezeks renoomokri
That moment they finally confirm that NNPC is not for sale.
Or is premium times trying to undermine this electoral victory by tweeting about the stock market since yesterday?
Atikulated investors don withdraw their funds. We need buharideenic investors to replace them. Or what do i know sef about economics.
Poverty must visit all those Nigerians that voted buhari.
This is what evil people like sahara and co love to hear. Lies, hatred, fake news
It just keeps falling😔😔😔
It has not started. Go harder Buhari. Everything Buhari touches withers. Whether things are destroyed to give him more life, only Buhari knows. Next level of NSE. He will collapse this economy before they know what’s happening!
😁😁 next level of poverty loading
next level Ways😂😂😂
Why? Dey no go work or market no come?
The writing was always on the wall
Next level shit man
🤣
africaupdates After they would say MBuhari won... yet the Nigerian Stock Exchange as nose dive since the very bad news of re-election Very soon... perhaps we won't have the NSE for lack of investments frenzy BBoason
Let them loose Zillions. This is democracy, a game of numbers. We are not interested in kleptocrats or kleptomaniacs ruling us. Never again God willing!
Wonderful achievement. Let's go to the next level jare.
another recession
dondekojo Una never hala!
bukky121 Just now-! just now-! Naija which way na😒😒
MGARBA30 The citizenry of a nation whose President would rather give the citizenry alms (TraderMoni & NPower) than create an enabling environment for businesses to thrive should get ready to play host to recession as the NextLevel unfolds🤦
dondekojo This is a thread 👇👇
Welcome to APC Next level👏
welcome to next level
The beginning of what is to come.
Just loos and poverty. Abi na small money u call that lol 😂 buhari people no understand the worth of money that why una choose to be poor .
Many PDP faithfuls have trade away their shares for votes. Accidentally everything is lost
djogunsakin That’s just the beginning
Another name for MBuhari is badluck, manipulator
Our economy is been controlled by the corrupt already but things will change very soon the gap between the rich and the poor will be closed
All d thieves withdrawing their loots.
Nextleveleffect
Another recession looming okay oo
Anyhow we shall overcome it. This is one of the PDP agenda to cripple PMB Govt by creating fake news to scare investors. Black belly people
The stock market us corrupt!
it is well with nigeria
I pray its not a sign of the next level.........
NextLevel Things
MBuhari has destroyed Nigeria, thanks to the 15 million fools who voted for him
Next level thingy
Yeah right and our reserves are ar thr highest ever. Plus all the infrastructure developmental going on
This is no more a news, you're very slow.
Let them stop running, Buhari will do better in the second tenure, especially now that the issue of integrity has been laid to rest.
Wow instresting buhari is working, next level here we come
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fuente: LeadershipNGA - 🏆 4. / 77 Leer más »
Presidential Election Result: Nigeria stock market loses N85bn in six hoursThe market capitalisation of listed equities on Tuesday shed N85 billion in six hours of trading to what traders attributed to profit taking as a result of the presidential poll. We said and the results are not finally out and the repercussions are already with us. We all shall bear the pain. Propaganda warfare Looters are shaking!!
Fuente: PremiumTimesng - 🏆 3. / 78 Leer más »