Africa Needs 100 More Ships, Enhanced Ports, Unified Regulations to Fully Leverage AfCFTA Opportunities— Abuja MoU November 12, 2024
Customs ‘FOU Zone C’ Intercepts N126M Contraband Goods in 1 Month; Champions Medical Outreach November 12, 2024
Africa Needs 100 More Ships, Enhanced Ports, Unified Regulations to Fully Leverage AfCFTA Opportunities— Abuja MoU November 12, 2024
Customs ‘FOU Zone C’ Intercepts N126M Contraband Goods in 1 Month; Champions Medical Outreach November 12, 2024
Somalia reelects former President Hassan Mohamud for the second time after defeating incumbent May 16, 2022
Former Cameroon striker, Patrick Mboma, converts to Islam, changes name to Abdul Jalil after marrying Muslim woman May 16, 2022
Business Nigeria’s capital market closes trading with N101bn loss as investors extend sell-off By TBM May 18, 2022327 views ShareTweet 0 The value of shares in the Nigerian capital market dipped by -0.35 percent on Tuesday, dragging the equity capitalisation down by N101.06 billion. After eight hours of trading, the equity capitalisation dropped from N28.54 trillion posted on Monday to N28.44 trillion today. Also, the All-Share Index shed 187.47 basis points to close at 52,756.62, down from 52,944.09 recorded the previous day. The sell-off at the bourse pushed trading up activities up, with investors exchanging N7.72 billion for 1.32 billion shares in 6,449 deals on Tuesday. The surpassed the N4.96 billion the investors splashed on 374.18 million shares in 6,854 deals on Monday. PZ led the gainers with N1.20kobo to rise from N12.05 per share to N13.25kobo. Berger’s share was up by N0.70kobo to move from N7.20kobo to N7.90kobo per share. NNFM gained N1.05 to move from N10.90kobo to N11.95kobo per share. McNichol’s share price increased by N0.14kobo to end trading with N0.1.61kobo from N1.47kobo per share. Abbey gained N0.13kobo in share value to close at N1.50kobo from N1.37kobo per share. Flour Mills topped the losers’ chart after shedding N3.75kobo to drop from N40.75kobo to N37 per share. GlaxoSmithKline’s share dropped by N0.60kobo to end trading at N6.55kobo from N7.15kobo per share. NPF Microfinance lost N0.17kobo to end trading with N1.95kobo from N2.12kobo per share. Japaul Gold’s share price dropped by 6.25 percent to slip from N0.32kobo to N0.30kobo per share. Champion Breweries lost N0.24kobo to drop from N3.94kobo to N3.70kobo per share. FCMB led the day’s trading with 775.09 million shares valued at N2.95 billion. Jaiz Bank followed with 172.14 million shares valued at N151.76 million. Transcorp traded 140.07 million shares worth N202.12 million. GTCO sold 50.38 million shares worth N1.20 billion, while International Breweries traded 21.02 million valued at N165.12 million.
Business Digital economy to raise Nigeria’s GDP to 15 per cent by 2025 By Business MonitorMay 18, 20220
Business Elon Musk gives condition to complete Twitter acquisition deal By Business MonitorMay 18, 20220
Business Inflation hits 16.82% in Nigeria as food prices wallop in Ekiti, Taraba, Osun By TBMMay 16, 20220
Business Nigeria’s capital market closes trading with N101bn loss as investors extend sell-off May 18, 2022327 views
Editor's Pick BREAKING: Peter Obi, PDP presidential aspirant, resigns from party (See letter) May 25, 2022268 views
Politics Somalia reelects former President Hassan Mohamud for the second time after defeating incumbent May 16, 2022249 views
Africa Needs 100 More Ships, Enhanced Ports, Unified Regulations to Fully Leverage AfCFTA Opportunities— Abuja MoU November 12, 2024
Customs ‘FOU Zone C’ Intercepts N126M Contraband Goods in 1 Month; Champions Medical Outreach November 12, 2024
Africa Needs 100 More Ships, Enhanced Ports, Unified Regulations to Fully Leverage AfCFTA Opportunities— Abuja MoU November 12, 2024
Customs ‘FOU Zone C’ Intercepts N126M Contraband Goods in 1 Month; Champions Medical Outreach November 12, 2024
Somalia reelects former President Hassan Mohamud for the second time after defeating incumbent May 16, 2022
Former Cameroon striker, Patrick Mboma, converts to Islam, changes name to Abdul Jalil after marrying Muslim woman May 16, 2022
Nigeria’s capital market closes trading with N101bn loss as investors extend sell-off May 18, 2022327 views
BREAKING: Peter Obi, PDP presidential aspirant, resigns from party (See letter) May 25, 2022268 views
Somalia reelects former President Hassan Mohamud for the second time after defeating incumbent May 16, 2022249 views