Nigerian stocks post first 2022 loss as investors dump consumer goods’ shares

Nigerian stocks post first 2022 loss as investors dump consumer goods’ shares

Floor of the Nigerian Stock Exchange Nigerian stocks depreciated by 0.09 per cent on Tuesday in their worst show since year start as investors dumped food and beverages stocks led by Nestle and Nigerian Breweries, and partial profit-booking weighed. Drop in the share prices of NGX Group and UBA strengthened the loss, with the underwhelming […]

BSEC to extend time-frame for offloading more shares by Berger, ICB, Walton Hi-Tech

BSEC to extend time-frame for offloading more shares by Berger, ICB, Walton Hi-Tech

Three large-cap companies including Berger Paints Bangladesh are set to be offered with time extension to offload more shares in a bid to avert negative impact on market prices. The Bangladesh Securities and Exchange Commission (BSEC) has decided to consider a time extension after bilateral discussions recently held with the companies. Apart from the Berger, […]