Presco shareholders approve N227m remuneration for directors punchng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from punchng.com Daily Mail and Mail on Sunday newspapers.
Sell-offs in Tier-one banking stocks on Tuesday extended losses on the Nigerian Exchange Ltd. (NGX) stock market capitalisation by 0.07 per cent. Notably, investors lost N38 billion or 0.07 per cent, as the market capitalisation which opened at N56.069 trillion, closed at N56.031 trillion. The All-Share Index also closed 0.07 per cent or 68 points lower
The Central Bank of Nigeria (CBN) report revealed that capacity utilisation in the food and beverages sector fell to 49% from 61% in the corresponding period in 2022, indicating a 20 percentage point decline. As a result, they suggested that the output levels have been declining steadily since mid-last year.
Stock Market Closes Lower, All Share Index Drops by 1.36% naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.