05

Jul

Market drops further, Closes 0.40% lower

The Nigerian Stock Market on Tuesday dropped further as the All Share Index declined by 0.40% to close at 51,586.50 points from the previous close of 51.791.45 points on Monday. Market Capitalisation was down by 0.39% to close at N27.811 trillion against Monday’s close of N27.921 trillion, shedding N110 billion. The aggregate volume and value of traded[…]

05

Jul

The Nigerian Exchange has suspended trading on the shares of 9 listed companies

The Nigerian Exchange has suspended trading on the shares of 9 listed companies due to default in post listing requirement of the Exchange. The companies affected include: African Alliance Insurance Niger Insurance Royal Exchange Plc Ekocorps Plc C &I Leasing Mutual Benefit Assurance Coronation Insurance Plc Premier Paints Plc Ardova Plc Source: Why Nigerian Exchange suspended 9[…]