Hi vino7272,
There are two possibilities.
1. You have either a speedlight connected or your inbuilt flash is on. When you turn the command dial in P mode with flash on, the exposure is compensated by the flash and that is why on turning the P mode to P*, the shutter/aperture remains the same, but flash compensates to provide the appropriate exposure (hoping that your are shooting within flash x-sync shutter speeds-1/200 sec for D90) . Once you disconnect the flash, and go to P*, you should see the aperture and shutter values change.
2. Your flash is not on, but in P mode, the camera shows Lo & F1.8. Also the exposure sign below the shutter/ aperture is blinking. This means that there is not enough light to take the picture at that exposure. Once you take the picture, it will display the shutter speed and exposure. Rotating the command dial to make it P* will keep the aperture fixed, since that is the maximum aperture of the lens. The shutter speed will be displayed as Lo. However after you take the picture, you will notice a difference in the shutter speed. If you have enabled auto iso in your menu, then instead of the shutter speed, the ISO will change.
Hope this helps.
I dont think there is anything wrong with your camera. I checked with my D700 and it behaves exactly the same.
Cheers,
Gorby