Business News

Stock market deals up by 22% stock market

  Available records have shown that investors’ expectations that ongoing economic reforms will stimulate improvements in macroeconomic performance and investment returns are yielding results. The economic outlook has pushed transactions at the stock market up by 22 per cent, the latest trading data obtained at the Nigerian Exchange (NGX) showed. The transactions crossed the N2 […]

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, […]