Markets
Market cap down N337bn as investors lock in profits amid selloffs
Business a.m The Nigerian equities market plunged by over N337 billion as sell-side investors, reentering the market after a brief…
Investors lose N225bn on NGX as October trading closes on bearish note
Onome Amuge The Nigerian Exchange (NGX) experienced a turbulent close to October trading, as investors recorded losses exceeding N225 billion. …
NGX loses N21bn as selloffs hit MTN, PZ,Jaiz Bank
Onome Amuge The Nigerian Exchange (NGX) suffered a decline in market capitalisation, losing over N21 billion in value, driven by…
Selling pressure on Cadbury, Transcorp, others, drags NGX cap down N394bn
Onome Amuge The Nigerian Exchange (NGX) experienced a second consecutive contraction in market capitalisation on Tuesday, amounting to over N394…
Stock market plunge wipes out N448bn in investor wealth
Onome Amuge The Nigerian stock market experienced a severe sell-off on Monday, with equities investors incurring losses of over N448…
FBN Holdings unveils N150bn rights issue
Onome Amuge FBN Holdings Plc has opened a rights issue, offering 5.983 billion ordinary shares at 50k each to existing…
