Tag: loss
Stock market suffers N291bn loss in four days
Investors have suffered losses totalling N291bn in the four days since the second half of the year began. The market,…
Electricity companies lose N20 billion monthly – Official
Distribution Companies, DISCOs lose about N20bn monthly across the country due to collection gap. The Chief Corporate Service Officer, Kaduna…
Profit taking leads to 0.15% loss on the Nigerian Stock Exchange (NSE)
The market indicators of the Nigerian Stock Exchange (NSE) closed trading on Friday with marginal drop of 0.15 per cent.…
Profit taking leads to negative trend as Market capitalisation dips by N150bn
Activities opened on the Nigerian Stock Exchange (NSE) on Monday with a negative trend as the market capitalisation lost N150…
Nigerian Stock Exchange (NSE) resumes for Q2 with 1.56% loss
Activities resumed on the Nigerian Stock Exchange (NSE) on Tuesday for the second quarter after the Easter holidays with a…
Ojota Market Fire: Victims count losses, seek govt. assistance
One week after a fire outbreak that destroyed over 30 stalls and goods worth millions of naira, traders at Binukonu…
Market capitalisation shed N59bn as NSE closes on a Negative Note
Activities on the Nigerian Stock Exchange (NSE) closed on a negative note on Friday with the market capitalisation shedding N59…
NSE opens trading week with 0.26% loss
Trading on the Nigerian Stock Exchange (NSE ) opened for the week on Monday with a drop of 0.26 per…
Qatar open: Maria Sharapova suffers first round heartbreak
Maria Sharapova looked out of sorts after surrendering an early advantage as she was stunned 4-6 6-4 6-3 by Romanian…
Nestle, Dangote Cement lose as NSE market indicators drop by 0.91%
Activities resumed on the Nigerian Stock Exchange (NSE) on Monday on a downward slide with the market indicators depreciating by…
Dokpesi’s Daar Communications suffers N2.139 billion loss
DAAR Communications Plc, owners of AIT and other business interests, has posted an operating loss of N2.139 billion in 2016,…
CAF Confederation Cup: Rivers United loses 0-2 at home to Club Africain
Rivers United Football Club’s hopes of advancing in the CAF Confederation Cup competition were dashed on Sunday after a 0-2…
South Africa Airways reports record loss
State airline, South African Airways (SAA) on Friday, revealed a record loss of 4.67 billion rand (330 million dollars) for…
NNPC records N267 billion loss
The Nigerian National Petroleum Corporation (NNPC) has announced a loss of N267.14 billion in its activities in 2015. This is…
Oil Theft: Okowa challenges Navy to check loss of revenue
Okafor Ofiebor/ Port Harcourt Following the economic woes facing Nigeria and the attendant financial crisis due to the dwindling revenue…
World Cup: USA coach bemoans loss to Nigeria
Losing 0-2 to Nigerian Golden Eaglets in their first match of the Chile 2015 FIFA U-17 World Cup was an…
Lagos Hotels Lost N8b To Ebola
Kazeem Ugbodaga Hotels in Lagos State lost N8 billion as a result of the outbreak of the deadly Ebola Virus…
Sony’s half-year loss skyrockets to $1bn
Sony said Thursday its net loss for the April-September period ballooned to nearly $1.0 billion, as the embattled electronics firm…
Aiico Insurance suffers half year loss
Henry Ojelu Aiico Insurance Plc has suffered a half year loss in profit by 22.60 per cent due to what…
Malaysia Airlines loss nearly doubles on MH370 impact
Crisis-stricken Malaysia Airlines said Thursday its second-quarter loss nearly doubled as the loss of flight MH370 spurred a decline in…
BlackBerry Reports Deep Loss And Falling Revenue
BlackBerry Ltd. reported a quarterly loss of nearly one billion dollars on Friday in line with last week’s warning. The…
Eto’o Dares Musa, Others Ahead Russian Cup Final
Anzhi Makahchkala captain Samuel Eto’o has seen his team lose out to Ahmed Musa’s CSKA Moscow in the race for…
Tennis World Team Cup: Doubles Victory Can’t Save Nigeria
Nigeria’s hopes of progressing at the ongoing Wheelchair Tennis World Team Cup in Turkey was finally dashed as the players,…
Golden Eaglets Beg Nigerians
The national U-17 team, Golden Eaglets have offered their unreserved apologies to Nigerians following their shock 0-1 loss to Cote…
AYC: Flying Eagles Embarrassed Nigeria —NFF
Mike Umeh, the first Vice President of Nigeria Football Federation, NFF, has described Tuesday’s performance of the Flying Eagles at…
Sony Open: Serena Crushes Pennetta
Playing again at No. 1, Serena Williams routed Flavia Pennetta of Italy 6-1, 6-1 yesterday in the second round of…
We Lost N12m To Ladipo Market Closure
Some owners of warehouses at the Ladipo International Spare Parts Market in Lagos lost about N12 million during the closure…
PDP Crisis: OBJ Loses Out In Ogun
The Ogun State faction of the Peoples Democratic Party which former president, Chief Olusegun Obasanjo belongs, has completely lost out…
Nwankwo Kanu Loses N1.4 Billion
Nigeria’s football star, Nwankwo Kanu has lost N1.4 billion in his hotel business and the Managing Director of the hotel,…
Man Loses N6m To Fake Pastors
Two suspected conmen parading themselves as spiritualists and prayer warriors to dupe unsuspecting members of the public have been arrested…