The Market Capitalisation of listed equities on the Nigerian Stock Exchanged shed N101bn last week despite a rally by stocks in the last three trading sessions. The market had opened the week negative with the key indices retracting by -0.41 per cent. After falling by N35bn on Monday, the negative […]
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Vitafoam commends NSE for market makers
The management of Vitafoam Nigeria Plc has commended the Nigerian Stock Exchange for the ongoing market recovery and introduction of market makers in the capital market. The management of the company, led by its new Managing Director and Chief Executive Officer, Mr. Joel Ajiga, gave the commendation during a visit […]
BP plans 3.7 billion pound share buyback: report
BP Plc (LSE:BP.) plans to spend up to 3.7 billion pounds ($5.9 billion) buying back its shares after agreeing last week to pay record criminal penalties over the Deepwater Horizon disaster, Britain’s Sunday Times said in an unsourced report. BP said on Thursday it would pay $4.5 billion to resolve […]
