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AprThe Nigerian Exchange Limited has announced that it has suspended trading in the shares of integrated oil & gas offshore support vessel services company, Global Spectrum Energy Services Plc. According to NGX, “The suspension is necessary to prevent trading in the shares of the company in preparation for the delisting of the securities of the company in […]
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AprThe World Bank in its recent report has said that naira depreciated of 10.2% in 2022. This is according to the report is triggered by many factors which include rising food and fuel prices globally. The World Bank stated that the depreciation of the exchange rate was also a major contributor to inflationary pressures in the Sub-Saharan[…]
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AprTrading on the floor of the Nigerian stock market closed bearish again last week amidst profit taking, thereby shedding N657 billion week to date The All Share Index and Market capitalization declined by 2.28% to settle at 52,994.13 points and N28.869 trillion respectively. An aggregate of about 1 billion units of shares were traded in 16,155 deals,[…]
