Stock Market Depreciates By N33bn On Selloffs In MTN, Others

The Nigerian Exchange Limited (NGX) stock market lost N33 billion yesterday as a result of selloffs in MTN Nigeria Communications (MTN) and 14 other companies. The market capitalization lost N33 billion as a result of the telecommunications giant’s 0.5% depreciation and Stanbic IBTC Holding’s 5.6% decline, closing at N26.976 trillion as opposed to the N27.009 … Continue reading Stock Market Depreciates By N33bn On Selloffs In MTN, Others