Stock market extends losses, drops by 0.69%
It was yet another bearish session on the floor of the Nigerian stock market on Thursday as down trend extends to three straight sessions admits profit taking. The All Share Index dropped by 0.69% to close at 52,411.09 points from the previous close of 52,775.40 points. The Market Capitalisation was […]
52nd AGM: Julius Berger Nigeria Plc delivers progressively highest dividend in five years to loyal shareholders
“We stand strong”, says Confident MD Lars Richter Chairman of the Board of foremost engineering construction company, Julius Berger Nigeria PLC, Mr. Mutiu Sunmonu, CON has said that though the company had challenges in the 2021 financial year, it excelled and overcame the challenges by dint of hard work and unflinching[…]
Nigeria’s inflation rate grew to 17.71% in May 2022- NBS
Nigeria’s inflation rate in May 2022 increased to 17.71% from 16.82% reported in the month of April 2022. According to the National Bureau of Statistics, the figure is 0.22 percent points lower compared to the rate recorded in May 2021, which is (17.93) percent. This means that the headline inflation[…]
Nigerian Bourse dips further by 0.64%, sheds N182bn
The Nigerian stock market on Wednesday closed on a bearish note, occasioned by profit taking in MTN and 25 other stocks. The All Share Index to decline by 0.64% to close at 52,775.40 points from the previous close of 53,113.64 points. The Market Capitalisation dropped by 0.64%, closing at N28.452[…]