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NSE: Market capitalisation loses N136bn – Daily TrustThe bears at the Nigerian Stock Exchange (NSE) continued to dominate trading for the fifth trading day in 2019 with the crucial market indicators declining further by 1.20 per cent. Specifically, the All-Share Index, which opened at 30,400.28, shed 364.13 points or 1.20 per cent to close at 30,400.28 recorded on Monday.ADVERTISEMENT Similarly, the market …
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Naira loses marginally against dollar at parallel market – Daily TrustThe Naira on Thursday lost marginally against the dollar at the parallel market in Lagos, exchanging at N361 to the dollar. The News Agency of Nigeria (NAN) reports that the Naira traded at 50 Kobo, weaker than N360.5 traded on Wednesday.ADVERTISEMENT The Pound Sterling closed at N410. At the Bureau De Change (BDC) window the …
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Equities Investors Lose N1.9tn, Market Declines by 17.8% in 2018 - THISDAYLIVE• Nigeria’s debt rises to N22.4tn Goddy Egene and Nume Ekeghe Contrary to high expectations that the Nigerian equities market will sustain the 2017 positive performance in 2018, the market closed the immediate past year with a decline of N1.898 trillion, while the Nigerian Stock Exchange (NSE) All-Share Index (ASI) depreciated by 17.8 per cent. …
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Nigeria not losing N600bn through telecom industry, NCC says – Daily TrustNigeria is not losing N600billion revenue through the telecom industry as alleged by a senior Femi Falana (SAN), the Nigerian Communications Commission (NCC) has said. The NCC’s Executive Commissioner(Stakeholders Management) Mr Sunday Dare said yesterday that there was no iota of truth in the allegation of the senior lawyer.ADVERTISEMENT “For the records, there is no …
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