MRS Oil unveiled key terms of the payout as approved by the SEC.
The Nigerian Exchange Ltd. (NGX) market capitalisation fell by N265 billion or 0.40 per cent to N66.078 trillion from N66.343 trillion recorded on Monday.
The Nigerian Exchange Ltd. (NGX) opened on Monday, opening the week positively, with an N84 billion profit added to investors’ portfolios.
Market breadth closed negative with 30 losers and 17 gainers on the floor of the exchange.
According to the regulator, the suspension action follows a share capital reduction undertaken by Transcorp.
The Nigerian Exchange Ltd. (NGX) market capitalisation dropped by N671 billion, or per cent, closing at N55.777 trillion, down from N56.448 trillion.
FCMB Group Plc says it plans to raise N397 billion in three phases ahead of the Central Bank of Nigeria (CBN) recapitalisation exercise.
The CBN governor said the decision was in response to the continued inflationary pressures.
The Nigerian Exchange Ltd. (NGX) market capitalisation gained N26 billion, or 0.05 per cent, to close at N56.606 trillion, up from N56.580 trillion at the opening.
Fidelity Bank Plc’s share market value on the Nigerian Exchange Ltd. (NGX) dropped by N14.4 billion on Thursday.
