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Sell-Offs In Mtn, Others Pull Ngx Market Capitalisation Down By N673bn - Vimarsana News

Sell-Offs In Mtn, Others Pull Ngx Market Capitalisation Down By N673bn

(AFRICAN EXAMINER) - The Nigerian equity market on Wednesday experienced a downturn, losing N673 billion in market capitalisation due to sell-offs in major stocks like MTN Nigeria and Transcorp Hotel Specifically, the market capitalisation shed 1.20 per cent or N673 billion to close at N55.494 trillion, compared to 56.167 trillion recorded on Tuesday. The All-share

Naira depreciation: Investors lose N673bn in NGX - Vimarsana News

Naira depreciation: Investors lose N673bn in NGX

Investors at the Nigerian exchange market experienced a decline again on Wednesday, losing N673 billion in market capitalisation due to sell-offs in major

CAP Plc announces appointment of Folasope Aiyesimoju as Board Chairman - Vimarsana News

CAP Plc announces appointment of Folasope Aiyesimoju as Board Chairman

The Board of Directors of Chemical and Allied Products (CAP Plc), has announced the election of Mr. Folasope Aiyesimoju, as Chairman of the Board effective 15 June 2023, following the retirement of Mrs. Awuneba Ajumogobia.

Stock market dips further as Banks stocks depreciate - Vimarsana News

Stock market dips further as Banks stocks depreciate

The Nigerian stock market dipped by N52.1billion following the depreciation in banking stocks, which analysts believe led to sell-offs which dragged the market lower on Tuesday. Market…

Supreme Court Affirms IST's Jurisdiction on Capital Market Disputes - Vimarsana News

Supreme Court Affirms IST's Jurisdiction on Capital Market Disputes

By Tony Obiechina Abuja The Supreme Court has affirmed the Investments and Securities Tribunal's (ISTs) jurisdiction over capital market disputes in the country. Director General of the SEC Mr. Lamido Yuguda, who disclosed this during an interview while reacting to the judgement, said the landmark decision confers exclusive jurisdiction on the IST to determine all