HomeBusinessEquity Market dey Lose Money, Shed N6bn

Equity Market dey Lose Money, Shed N6bn

On Thursday, de Nigerian Exchange no get am easy as de market continue to dey lose money. De bearish run wey dey happen for some days now, make de market shed N6 billion.

De All Share index and market capitalisation also drop by 0.1 per cent. Dis show say investors no dey confident for de market, and dem dey sell more shares than dem dey buy.

Dis loss dey add to de previous losses wey de market don suffer, and it dey cause concern for many investors and analysts. Dem dey hope say de market go recover soon, but for now, things no dey look good.

Manufacturers Association of Nigeria (MAN) also talk about how economic conditions, including power tariff hike, dey affect de market negatively. Dem say dis kind of hike dey detrimental to economic growth and market stability.

Oyinkansola Aderonke
Oyinkansola Aderonkehttps://nnn.ng/
Oyinkansola Aderonke na reporter for NNN. NNN dey publish hot-hot tori for Nigeria and around di world for naija pidgin language so dat every Nigerian go fit follow national news, no mata dia level of school. NNN dey only publish tori wey be true-true, wey get credibility, wey dem fit verify, wey get authority, and wey dem don investigate well-well.
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