SHORT TAKES

N823.3 billion

The Central Bank of Nigeria would in first quarter of 2019 issue N823.3 billion worth of treasury bills. A total of 91-day bills valued at N51.45 billion, N164.92 billion of 182-day bills and N607.05 billion of 364-day bills would be issued in the first three months respectively

29, 336.80 points

The Nigerian equity market shed by 2.33% to 29, 336.80 points at the close of trading on Wednesday January 9 2019 from 30, 036.15 points a day earlier. Market capitalization between close of trading last Tuesday and Wednesday went down by N2.61 trillion

N4.81 billion

Losses recorded by African Alliance Insurance Plc expanded by 215% to N4.81 billion for the first nine months ended September 30 2018, from N1.52 billion losses incurred in the corresponding period in 2017