The Nigerian equity market on Tuesday grew further as the All Share Index appreciated by 0.35% to settle at 53,270.88 points from the previous close of 53,086.46 points. Investors gained 100 billion as The Market Capitalisation was up by 0.35% to close at N28.719 trillion from the previous close of N28.619 trillion. An aggregate of 234.6 million […]
Timi Olubiyi, Ph.D. In recent times, we have seen more businesses reporting low or no profit and, in some cases, no revenue. The case of business failures is equally high and prevalent, which could be attributed to the changing landscape with the aftermath of coronavirus pandemic, high inflation, poor supply chains, high exchange rate regime, and a[…]
The stock market last week closed on bearish note as profit taking persist by investors, bringing the All Share Index lower by 2.18% week on week. Prices of stocks are coming down, thereby creating another entry opportunities for smart investors. In a matter of weeks, Q2 results of listed companies will be out, and the best strategy[…]