Losses – InfoStride News

Equity market reverses losing streak

Temitope Nlewemchi — Fri, 22 Mar 2024 01:32:35 +0000

After three days of bearish trading, the Nigerian Exchange gained N74bn on Thursday. The equity market had lost N469bn in three days on the back of sell-offs. The All-Share Index climbed by 0.13 per cent to 104,387.47 points, while market capitalisation rose to N59.02tn, improving the bourse’s year-to-date return to 39.6 per cent. Market activity [...]

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Losses from Chams, FCMB, 14 other stocks extend market downturn

Temitope Nlewemchi — Wed, 07 Sep 2022 20:02:16 +0000

Activities on the Nigerian Exchange Limited (NGX) sustained a southward trajectory following losses recorded by blue chip firms. Checks by Nairametrics showed that the gains recorded in the shares of Chams Plc, FCMB Plc and other blue-chip stocks dragged market capitalisation to further lose N24 billion or 0.09%, accumulating days of a bearish trend. Consequently, [...]

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FG makes compulsory ownership disclosure of oil assets to curb $1tr losses

Temitope Nlewemchi — Wed, 10 Nov 2021 15:59:54 +0000

The Federal Government, through the recently established Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday, said it would become mandatory for oil and gas companies operating in the country to state their owners under the Beneficial Ownership (BO) Reporting system. The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, said secrecy in the ownership [...]

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Worries as N796b investors’ losses in May extends into June

Temitope Nlewemchi — Sat, 05 Jun 2021 14:04:21 +0000

Insecurity in the country and other macroeconomic challenges, coupled with uncertainty in the global economy, may continue to take a toll on the Nigerian Exchange Limited (NGX), as investors, having lost N796 billion in May, might experience similar losses this month. Specifically, the market capitalisation of listed equities, which opened the month of May at [...]

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We Have To Stop Involving Ronaldo In Real Madrid’s Defeats – Casemiro

David Folami — Thu, 28 Feb 2019 20:28:35 +0000

Real Madrid midfielder, Casemiro has come out to say Ronaldo’s name does not have to be mentioned after his teams defeat to Barcelona in the Copa del Rey. Barcelona defeated their fierce rivals 3-0 win at the Santiago Bernabeu on Wednesday, wrapping up a 4-1 aggregate success in the semi-finals. “We cannot talk about a [...]

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Manchester City, Chelsea Suffer Shock Home Losses

David Folami — Sun, 23 Dec 2018 12:38:40 +0000

Andros Townsend scored a contender for goal of the season as Crystal Palace produced a shock with a 3-2 victory at Manchester City. The result ended City’s 100 percent home record this season and means they will spend Christmas four points adrift of leaders Liverpool. When Ilkay Gundogan gave the hosts the lead on 27 [...]

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Losses Happen In Football – Ernesto Valverde

David Folami — Thu, 27 Sep 2018 15:48:23 +0000

Ernesto Valverde was at a loss to explain Barcelona’s shock defeat to Leganes on Wednesday as their unbeaten start to the season came to an abrupt end at Butarque. It extended Barca’s mini-slump after they were held by Girona at the weekend at Camp Nou, which saw their four-game winning streak in the league come [...]

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The Losses From The Berger Explosion Will Be Limited – Buhari

David Folami — Sun, 01 Jul 2018 01:06:07 +0000

President Muhammadu Buhari at the National Assembly (NASS) Budget Presentation[/caption]Muhammadu Buhari has described the petrol tanker explosion in Lagos on Thursday, June 28, as shocking. Over 54 cars were burnt after a petrol tanker had a brake failure on the Otedola Bridge at Berger, then hit the median and exploded. Buhari said he is very [...]

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