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MayThe Nigerian stock market closed last week marginally lower as losses in Airtel Africa, PRESCO and other 25 stocks shed weight.The All Share Index was down by 0.05% to stand at 52,187.93 from 52,214.62 recorded previouslyMarket capitalization declined also by 0.05% to settle at N28.417 trillion from N28.431 trillion in the week before. An aggregate of 3 […]
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MayNigerian Exchange Limited (NGX) has reiterated its commitment to supporting the enforcement of regulations that enhances transparency in the capital market, by reminding investors to comply with rules on disclosure of substantial holdings in listed companies. Recall a circular to the market recently in which NGX stated that lack of appropriate disclosures by investors was a breach[…]
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MayThe National Emergency Management Agency has raised the alarm on Ekiti State as being among the states expected to experience flooding based on increased volume of rainfall during the later part of this year. The Head of Operations of NEMA in Ekiti and Ondo States, Kadiri Olanrewaju, disclosed this during a road show on flood sensitisation and[…]
