Nigeria's stocks move further south

ock Nigeria’s stock market decreases further by 0.25 percent on Thursday, pushing the record positive return down to 23.70 percent.

At the close of trading session on Thursday June 2, the stock market’s performance indicators – All Share Index (ASI) and capitalisation came down to 52,840.14 points and N28.490trillion respectively, from preceding day high of 52,974.15 points and N28.558trillion.

The market’s weak performance was driven by losses in Airtel Africa (-0.06percent), Zenith Bank (-1.92percent), GTCO (-0.22percent) and FBN Holdings (-2.20percent).

Seplat has right tools to deliver on its strategic vision – Orjiako

By Iheanyi Nwachukwu • June 6, 2022

Iheanyi Nwachukwu

Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA). Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.