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Market capitalisation sheds N38bn as investors sell off banking stocks

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

Local equity market sustains growth profile, gains N14bn - Blueprint Newspapers Limited

The local equity market on Friday closed northward, appreciating N14 billion. The market capitalisation of listed equities increased by 0.025 per cent to N56.172 trillion from N56.156 trillion reported the previous day., The NGX All Share Index also appreciated by 24.35 basis points to 99300.38 points from 99276.03 points reported…

How surging escrows are exposing servicers to new risks

Unusual spikes in property taxes and insurance in many areas are causing servicing concerns that mortgage companies may not be used to managing.

Bernie Clark: The First Trillion Dollar RIA is Coming

Bernie Clark said the first $1 trillion RIA is coming when speaking at a Schwab event. Clark is stepping down as head of Schwab Advisor Services.

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