The sequence of “bad news” relating to unimpressive earnings announced by companies and regulatory sanctions on three banks significantly eroded investors’ confidence in the Nigerian stock market last week, leading to a season of sell-offs on the bourse. Consequently, market capitalisation shed N370.1 billion to close at N9.9 trillion while the benchmark equities indicator, the […]
Regulatory sanctions, unimpressive earnings trigger sell-off on NSE
by 208headlines