Nigeria's Biggest Manufacturers Report Major Losses Due to Rising Interest Rates and Naira Devaluation
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The performance indicators of the stock market rebounded by 0.24 per cent on Wednesday. Specifically, the market capitalisation opened at N56.031 trillion and closed at N56.163 trillion, representing 0.24 per cent or N132 billion gain. The All-Share Index also strengthened by 0.24 per cent or 233.4 points, to close at 99,284.38 compared to 99,051.02 posted
The dollar debts of 15 listed companies have hit about N3.76tn as of the end of December 2023, according to The PUNCH analysis
The domestic stock market yesterday closed at a new five-week high as gains in Seplat Energy Plc and 31 others pushed the overall capitalisation by N259