Browsing Tag

loss

NGX Ends Trading Week Bearish


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The Nigerian Exchange Limited, NGX has ended trading activities for the week with the local bourse declining in 4 out of the 5 trading sessions for the week. Thus, the NGX All-Share Index depreciated by 2.45% to close the…

Equities sustain negative sentiments as ASI closes flat


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Salamatu Ejembi, Lagos Trading of equities on the floor of the Nigerian Exchange Group, NGX, ended flat on Wednesday, albeit with a bearish tilt, as the benchmark index settled at 102,106.31 points. Investors traded with mixed sentiments…

Afrobeats star Wizkid loses mum


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Afrobeats superstar and pop singer, Wizkid has lost his mother, Jane Dolapo Balogun. She died in the early hours of yesterday in London. His mum, a formidable cornerstone of strength, lent unwavering backing to her son’s meteoric rise in…

Debt Restructuring: Ghana’s top Banks record losses


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Ghana’s move to restructure its local-currency and overseas debt has resulted in the first loss on record for two of its top banks. GCB Bank Plc, the country’s largest lender by assets, posted a 593.4 million…

Equities market decline further with N7bn loss


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It was another day of loss on the Nigerian equities market on Wednesday as sustained profit taking activity led to declines in major indices on the stock exchange. The market capitalisation of equities shed N7 billion to close at…

Nigeria’s Banking Sector Records low performance in 2022


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Banking sector performance in Nigeria, ended the year on the negative as five banks saw their value drop by 5.5 percent from N2.57trillion in 2021 to N2.43trillion at the close of trading in 2022. According to data available on the…

Losses drag NGX All Share Index down


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The All-Share Index of listed equities trading on the floor of the Nigeria Exchange Group Limited, NGX, dropped further by 0.3 percent at resumption of business this week amid renewed bargain hunting and profit-taking by investors. This…

NGX: Investors lose N571bn in one week


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Investors lost N571bn at the end of trading on the floor of the Nigerian Exchange Limited last week. The NGX All-Share Index and market capitalisation of equities listed on the NGX depreciated by 2.09 percent to close at 49,664.07 and…

NGX ends trading week bearish, loses 0.45%


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EQUITY At the close of trading on Friday, the NGX All-Share Index and Market Capitalization depreciated by 0.45% to close the week at 51,979.92 and N28.031 trillion respectively. A total turnover of 917.190 million shares…

Reduce food loss, waste- DG FAO


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The scale of global food loss and waste is proof of poorly functioning agri-food systems, and reducing it "really matters and can make a difference," Director-General of the Food and Agriculture Organization of the United Nations (FAO), QU…