The Nigerian Stock Exchange market capitalisation on Wednesday shed N130 billion in about six hours of trading. Specifically, the market capitalisation which opened at N13.420 trillion lost N130 billion or 0.97 per cent to close at N13.290 trillion. In the same vein, the All-Share Index dipped 267.15 points or 0.97 per cent to 27,319.64 compared with 27,586.79 achieved on Tuesday.

The Nigerian Stock Exchange (NSE) has lifted the ban placed on the shares of Royal Exchange Plc. This, according to the Exchange, is as a result of the company’s compliance with the rules for the filing of accounts, treatment of default filing and the rulebook of The Exchange (issuers’ rules).

Flour Mills of Nigeria Plc and Union Bank Plc with six other companies have been fined N14.3 million by the Nigerian Stock Exchange (NSE) for default filing.

The Nigerian Stock Exchange, NSE, says it has delisted from its daily official list, the shares of defunct Skye Bank Plc and Fortis Microfinance Bank Plc.

Dangote Cement Plc on Tuesday, regained its position as the biggest listed firm on the Nigerian Stock Exchange, NSE as sell-offs were witnessed in MTN Nigeria Communication Plc.