Losses recorded by 32 stocks on Wednesday dragged major Nigerian Stock Exchange indices down for the third straight session this week. The NSE’s All-Share Index fell by 1.29 per cent or 485.93 basis points from 37,589.60 points on Tuesday to 37,103.67 points. Similarly, the market capitalisation of the listed equities […]
Tag: Stock
Market capitalisation declines by N71bn
Equity trading activities on the floor of the Nigerian Stock Exchange closed negative on Tuesday with the market capitalisation of the listed equities, shedding N71bn for the second consecutive day. The market capitalisation of the listed equities had depreciated by N71bn or 0.59 per cent on Monday to close at […]
FG to invest $2.9tn in infrastructure stock
The Federal Government has said it will invest $2.9tn in its infrastructure stock as part of plans to address the infrastructure deficit in the country. The Minister of State for Finance, Dr. Yerima Ngama, said this in Lagos on Monday at an infrastructure roundtable organised by the Securities and Exchange […]
