Analysis and Data

Investors’ wealth reduced by N24 billion as market capitalisation closed lower at N11.079 trillion against N11.103 trillion recorded on Friday.

The market capitalisation, which opened at N11.672 trillion, lost N34 billion to close at N11.638 trillion.

The decision was reached at the monetary policy committee meeting of the CBN on Tuesday.

Brent crude oil futures were at 67.48 dollars per barrel at 0747 GMT, up 27 cents, or 0.4 per cent, from their last close.

Organisers describe the annual Africa CEO Forum as the foremost international meeting for African CEOs and investors. The gathering, now in its seventh edition, is holding between 25 and 26 March 2019 in Kigali, Rwanda.

The market capitalisation closed lower at N11.576 trillion from the N11.612 trillion recorded on Friday.

UBA says it is a unique pan-African franchise with diversified risk and earnings across fast growing African economies.

The market capitalisation nosedive by N120 billion to close at N11.677 trillion against N11.797 trillion on Monday.

Gross earnings for the period under grew by 3.7 per cent to ₦434.7 billion.

34 airlines on the international routes operated 15,645 flights and flew 4, 079, 0789 passengers during the period under review.

Customers in the Small and Medium Enterprises segment received 55 million dollars.

The Nigerian currency traded stronger on the eve of elections than Thursday when it closed at N359 to a dollar.

The bank’s gross earnings was N745.19 billion in 2017.

The bank says the interventions were in continuation of its resolve to sustain the high level of stability in the foreign exchange market.

The All-Share Index rose by 216.11 points to close at 32,406.18 against 32,190.07 achieved on Monday.

The market capitalisation shed N196 billion to close at N12.004 trillion against N12.200 trillion on Friday.

The Nigerian currency gained 28 Kobo to exchange at N361.67 to the dollar at the investors window, stronger than N361.95 traded on Monday.

The Nigerian currency exchanged at N358 to a dollar.

The All-Share Index rose by 96.43 points to close at 31,529.92 compared with 31,433.49 achieved on Thursday.

The Nigerian currency exchanged at N358 to the dollar.

Market turnover at the window stood at $160.08 million.

The All-Share Index shed 82.39 points to close at 31,344.24 against 31,426.63 on Friday.