Tag: week

NGX opens the week negative with N76 billion loss
Reports

NGX opens the week negative with N76 billion loss

Sure! Here’s the modified content with synonyms and altered sentence structures while keeping the HTML tags and format intact: Nigerian Exchange Limited (NGX) has commenced the week with a N76 billion deficit as bears regain control of the market. The NGX All Share Index (ASI) fell from 43,956.76 index points last Friday to 43,818.12 index points, representing a decline of 0.03% (or 138.64 basis points). Consequently, the total worth of stocks decreased from N23.942 trillion to N23.866 trillion, resulting in a loss of N76 billion. With 13 gainers and 13 decliners, the market breadth concluded unchanged. Meanwhile, 3,326 transactions involving 187.09 million shares were executed during today’s trading session. In terms of turnover volume, the premium sub-sector was ...
Twitter gets 1.6 million daily active users in 1 week
Reports

Twitter gets 1.6 million daily active users in 1 week

Elon Musk announced that Twitter has augmented its daily active users by 1.6 million over the past week. He noted that the record from the previous week represented yet another peak for the microblogging platform. Based on Musk’s weekly chart, the average users per week on the service climbed by 1.6 million, from 257.8 million in the week ending November 13 to 259.4 million in the week ending November 20, 2022. This rise in users aligns with rumors suggesting individuals are departing Twitter due to Elon Musk and the adverse policies he has instituted since acquiring the firm. These include the introduction of an $8 monthly charge for the Blue Check and the reinstatement of accounts that were previously banned by Twitter for breaching the platform’s rules. After several Twitt...