We are committed to limiting the impact on people as far as possible and providing strong support and severance packages to all affected,” said NB
“And as governor, I will take deliberate steps to grow the state’s economy to a higher level.”
The company however grew its revenue by nine per cent to N599 billion.
Analysis of the market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 0.09 per cent.
The market’s weak performance was primarily driven by selloffs in stocks of Zenith Bank, Geregu, Nigerian Breweries and Guaranty Trust Holding Company (GTCo).
The nation’s equity market on Wednesday remained on a bullish note with bargain buying on Nestle and other 10 stocks.
The market’s performance was primarily driven by gains in stocks of Nigerian Breweries and BUA Cement.
At the end of the trading session, 121.16 million units of shares worth N4.169 billion were traded in 4,369 deals.
the NGX All-Share Index depreciated by 0.23 per cent to settle at 52,186.52 basis points from 52,308.88 basis points it opened for trading.
Specifically, the market capitalisation lost N33 billion, to close at N28.644 trillion compared with N28.677 trillion on Wednesday.
