Investors lost 313bn as market capitalization fell.

Less than a month after hitting N30 trillion in market capitalization, the Nigerian Exchange Limited has suffered N313bn loss to dip to N29.915 trillion. The market cap dropped by 1.04 in percentage terms, the same percentage as the All Share Index, which dropped 574.59 basis points to settle at 54. 915.61. In terms of exchanges, a total of 137,286,570 volume of shares worth N1.509bn were traded…
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Stock Investors lost N281 billion in a week.

Stock investors lost N281bn at the end of trading on the floor of the Nigerian Exchange Limited last week. The NGX All-Share Index and market capitalisation depreciated by 0.96 per cent and 0.95 per cent to close the week at 53,804.46 and N29.310 trillion respectively. Also…

139 investors ready to commercialize flare gas - FG

The Federal Government, on Thursday, said a total of 139 investors had shown readiness to monetise the gas flares from the 48 flare sites across the country. It disclosed this at the 2022 Nigerian Gas Flare Commercialisation Programme Bidders Conference and Investors Forum…

Education on sustainable finance helps protect investors

The International Organisation of Securities Commissions (IOSCO) has underscored the importance of investors education in protecting them from possible risks in sustainable finance investments. IOSCO – the global body of securities markets’ regulators – has published a report that identified recent developments in investor education on sustainable finance, to enhance investor education and…
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