Tag: Stock Exchange
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Nigerian Stock Exchange Market loses N370bn on Tuesday
The Nigerian Stock Exchange (NSE) on Tuesday sustained seven-day falling streak with the market capitalisation shedding N370 billion in one day. The market capitalisation lost N370 billion or 2.41 per cent to close at N14.967 trillion against N15.337 trillion achieved on Monday. Similarly, the All-Share Index which opened at 42,737.89 lost 1,029.74 points or 2.41…
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Telecom sector recession not a threat, says ZTE Nigeria
Despite the current economic challenges that has adversely gripped the telecommunications industry, ZTE Nigeria Limited, at the weekend, expressed its commitment to continue investment in the economy, especially in the development of local human capital. ZTE Nigeria Limited is the Nigerian subsidiary of ZTE Corporation which is one of the leading multinational ICT solution and…
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Apple Inc. breaks limits, crosses $800b market value
Apple Inc., the maker of iPhone and Mac computers has become the first company to cross the $800 billion market value threshold after a rise in stock price early in the week. Considered the world’s most valuable company, Apple shares on the Nasdaq exchange rose in midday trading Monday to a high of $153.70 per…