Posts tagged as: Stock Market

Stock Market Leaps  To 15-Year High Level After Emefiele’s Suspension

LAGOS JUNE 14TH (NEWSRANGERS)-The Nigerian stock market rose to its highest level since July 2008 on Tuesday, the first day of trading after the suspension of the Central Bank Governor, Godwin Emefiele. According to a report by Bloomberg, investors are betting on a currency devaluation and sent the main index of the Nigerian Exchange to above 57,437 […]

Nigerian Investors Lose N1.71 Trillion Last Year

LAGOS JANUARY 2ND (NEWSRANGERS)-Investors in Nigerian equities lost about N1.71 trillion in 2019 as a combination of political risk, weak macroeconomic performance and tense global outlook drove the stock market to second consecutive negative performance. The stock market closed yesterday with negative average full-year return of -14.60 per cent for the 2019 trading year, equivalent […]

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