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Daily Business News Brief – February 8th, 2023

Home   /   Business News Brief   /   Daily Business News Brief – February 8th, 2023
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February 8, 2023
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in Business News Brief

Stock market suffers N37bn decline – Punch
Market breadth closed negative as 26 stocks lost relative to 20 gainers. Conoil recorded the highest price gain of 10 per cent to close at N29.50, per share. MRS Oil Nigeria followed with a gain of 9.82 per cent to close at N21.25, while International Energy Insurance gained 9.35 per cent to close at N1.17, per share …………..……..Read More

Shareholders raise concerns over Ardova’s plan to delist from NGX – Nairametrics
Some minority shareholders of Ardova Plc have expressed worry over the company’s intention to delist from the Nigerian Exchange Limited (NGX)……………..……..Read More

CBN Raises N277.47bn from TBills Market in January – Thisday
Data collated has shown that the Central Bank of Nigeria (CBN) raised N277.47 billion through the treasury bills market in January 2023.The apex bank carried out TBills auction twice worth N55.39billion in the first auction and N220.53billion in the second auction. ……………..……..Read More
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