Investors Lose N4.9tn as NGX Rally Slows
By Babatunji Wusu| The Nigerian stock market suffered a major setback last week as investors lost more than N4.915 trillion amid widespread profit-taking across key sectors of the economy. Data…
NGX Rebounds, Investors Gain N30bn as SEC Raises Capital Requirements
|By Babatunji Wusu The Nigerian Exchange (NGX) reversed losses on Friday, adding N30 billion to investors’ portfolios after the Securities and Exchange Commission (SEC) announced higher minimum capital requirements for…
Fitch Ratings Suspends Monitoring of Dangote Industries Amid Refinancing Challenges
|By Adejumo Adekunle – Fitch Ratings, a global credit rating agency, has halted its assessment of Dangote Industries, citing commercial reasons. This decision follows the agency’s earlier placement of…
NSE Investors’ Net Worth Drops By N581bn In November
Jennifer Akamanu Investors’ net worth on the Nigerian Stock Exchange dropped by N581bn in November, amid ‘sell pressure’ ahead of the 2019 general elections and Yuletide celebrations. Data…
