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…