Negative sentiment persisted on the equities sector of the Nigerian Exchange Limited as the all-share index dipped further by 0.4 per cent. At the close of transactions yesterday, the ASI depreciated by 0.4 per centNegative sentiment persisted on the equities sector of the Nigerian Exchange Limited as the all-share index dipped further by 0.4 per cent.
Further breakdown of yesterday’s trading showed that turnover closed higher relative to the previous day with the value of transactions increasing by 75.56 percent. On the contrary, C& I Leasing recorded the highest loss during the day with 9.79 per cent to close at N3.50 kobo. Mutual Benefits trailed with a loss of 8.57 per cent to close at 64 kobo.
Nigeria’s oldest commercial airline, Aero Contractors, and the union of pilots and engineers are in another round of faceoffs over outstanding benefits of redundant staff in the care of the airline. The International Air Transport Association has released data for February 2024 global passenger demand with total demand, measured in revenue passenger kilometers , up 21.5 per cent compared to February 2023.
The Civil Society Legislative Advocacy Centre said that the substantial leakage of revenue has underscored the urgency of addressing tax expenditure and debt management issues with utmost priority.
Source: News Formal (newsformal.com)
Nigerian Exchange Limited NGX Equities Sector All-Share Index ASI Negative Sentiment Market Capitalisation Transactions
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UCH: Patients, staff groan as power outage persists over accumulated debtPatients and their relatives, as well as staff of University College Hospital (UCH) Ibadan are currently groaning over the total power outage in the hospital.
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Oil theft persists in N’Delta despite militarisation, private securityDespite the militarisation of the Niger Delta region and the involvement of private security outfits in the past 18 months by the Nigerian National Petroleum Company Limited (NNPC) to safeguard oil production and reduce crude theft
Source: GuardianNigeria - 🏆 1. / 94 Read more »
APC Vows to Resist Governor's Negative Moves in Rivers StateThe All Progressives Congress (APC) has stated that it will resist all negative actions taken by Governor Siminalayi Fubara to make Rivers state a pariah. The chairman of the caretaker committee of APC in Rivers, Tony Okocha, accused the governor of plotting to declare the state house of assembly leadership illegal and appoint caretaker committees for the LGAs in the state.
Source: thecableng - 🏆 2. / 80 Read more »
Edo, Ondo Polls: INEC urges parties to deepen internal democracy, warns against fake newsINEC said negative rhetoric during campaigns tends to rile up religious, political and tribal sentiments
Source: PremiumTimesng - 🏆 3. / 78 Read more »
President Tinubu Launches Projects to Unlock Economic Potential of Nigerian WomenPresident Bola Ahmed Tinubu has introduced four key projects expected to unlock the vast economic potential of Nigerian women across all strata of society.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Netherlands, India top destinations for Nigerian exports in 2023The National Bureau of Statistics, NBS, has named the Netherlands, India, Spain, Canada and France the top five export destinations for Nigerian products in the fourth quarter of 2023. NBS stated this in its recently released data titled, 'Foreign Trade in Goods Statistics' (Q4 2023). The Netherlands led the pack with N1,910.47 billion or 15.
Source: DailyPostNGR - 🏆 11. / 59 Read more »