Profit-taking

economy

Equity market extends losses by 0.13%

The Nigerian equity market extended its losses for the fourth consecutive session on Wednesday, declining by 0.13 per cent due to profit-taking in Tier-one banking stocks. Sell-offs in Zenith Bank, FBN Holdings, United Bank of Africa(UBA), Access Corporation, Fidelity Bank, FCMB, as well as Transnational Corporation, PZ Cussons Nigeria, Nigerian Breweries, among other declined equities pulled the market to a…