Foreign portfolio investment in the Nigerian stock market dropped by eight per cent in the first quarter of 2021 to N60.11bn from N65.27bn in the same period of 2020. Foreign investors injected N16.73bn into the stock market in January; N23.02bn in February; and N20.36bn in March, according to the latest data from the Nigerian Exchange […]Read More
The Nigerian Stock Exchange on Tuesday suspended trading in the shares of 11 companies over delayed filing of accounts. Mr Godstime Iwenekhai, NSE Head, Listings Regulation Department stated this in a statement obtained by the News Agency of Nigeria in Lagos. Iwenekhai said that the affected companies were: Conoil, FTN Cocoa Processors, Goldlink Insurance, Lasaco […]Read More
Political turbulence triggers greater value droop Investors lose 2.2 for every penny in one day Turbulence in the political arena has sparked massive dumping and induced sell pressure on the equity sector of the Nigerian Stock Exchange as stock market investors lost N257 billion or 2.2 per cent at the close of […]Read More
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