Nigeria’s stock market opens week with N55bn loss

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The nation’s bourse resumed transactions for the week on Monday with a loss of N55 billion following sell pressure in some blue chips. Read more:

The nation’s bourse resumed transactions for the week on Monday with a loss of N55 billion following sell pressure in some blue chips.

 

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Nigeria’s stock market opens week with N55bn lossThe market capitalisation which opened at N12.679 trillion lost N55 billion to close at N12.624 trillion.
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Nigeria’s stock market opens week with N55bn lossThe market capitalisation which opened at N12.679 trillion lost N55 billion to close at N12.624 trillion.
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Banks, oil companies face probe over $30bn revenue lossAs Nigeria faces serious cash crunch and economic downturn, major players in the oil and gas industry are facing probe over their role in an alleged annual loss of revenue, to the tune of $30billion. Read more:
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