Stock market

#EndSARS: Stocks nosedive, investors lose N113.1bn

#EndSARS: Stocks nosedive, investors lose N113.1bn

By Peter Egwuatu The Nigerian stock market could not sustain the bullish performance recorded earlier in the week as the market, Wednesday, plunged by 0.75 per cent following the curfew announced by the Lagos State as a result of the protest by Nigerian youths against police brutality, tagged #EndSARS. Market analysts have expressed skepticism about […]
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Stock market rallies on the back  of CBN’s new policy

Stock market rallies on the back of CBN’s new policy

INVESTORS are now raising their stakes in the equities market following the directive to the deposit money banks by the Central Bank of Nigeria (CBN) to exclude local corporates and individuals from participating in the Open Market Operation (OMO) auctions.