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MayMarket sheds N169bn as NGXASI closes lower by 0.58%
The equity market on Monday closed on a bearish note as the All Share Index depreciated by 0.58% to settle at 53,772.14 points from the previous close of 54,085.30 points. The Market Capitalisation declined by 0.58% to close at N28.989 trillion from the previous close of N29.158 trillion, thereby shedding […]
30
MayApproach to curb rising inflation
Timi Olubiyi, Ph.D. The rising cost of living is impacting globally but differently, and it is clearly evident that expenses and bills continue to rise steeply. The cost of food, household consumables, and other essentials has skyrocketed in recent times from Cairo, to Botswana, Delhi, Shanghai, London, Houston, Mexico City,[…]
30
MayStock market returns 2.09% WtD amidst profit taking
Trading on the floor of the Nigerian Exchange last week last week closed on a bullish note, driven by growth in the share price of Airtel Africa by 20.20% to N1767 from N1470. The All Share Index and Market capitalization grew by 2.09% to settle at 54,085.30 points and N29.158[…]
27
MayFirst Bank reports N180.47bn as Gross Earnings in Q1 2022, PAT rises by 107.71%
First Bank of Nigeria Holdings on Thursday published its First Quarter report for the 3 months ended 31, March 2022. The financial institution achieved significant growth in its top line and bottom line figures for the period under review. Gross Earnings of N180.471 was achieved for the 3 months period,[…]
