Business News

Stock market drops by 1.2% amid profit-taking

  The Nigerian Exchange Ltd. (NGX) on Tuesday witnessed further drop in market indices by 1.2 per cent, amid sustained negative investment sentiments. Specifically, the NGX All-Share Index dropped 626.14 points or 1.2 per cent to close at 53,124.63 compared with 53,750.77 achieved on Monday. Consequently, the year-to-date gain moderated to 3.7 per cent. Similarly, […]