The stock market extended its bearish performance into the fifth consecutive trading session on Thursday as equities investors lost a total of N94.36 billion over the losing streak on sustained profit taking activity after last Thursday’s rebound. Specifically, the benchmark index of the Nigerian Stock Exchange (NSE), the All Share Index (ASI), dropped by 0.19 […]
Tag: conoil
Oando Shares Spike after Senate Approved Outstanding Subsidy Claims for Oil Marketers
The Senate on Wednesday approved the payment of 348 billion outstanding subsidy claims to 74 petroleum marketers in the country. This helped Oando’s share price spike to the top of the gainer’s table on Thursday. The approval followed the adoption of the interim report of the committee on petroleum downstream on the promissory note programme […]
