Activities on the Nigerian Stock Exchange (NSE) on Tuesday maintained negative sentiment, with the All-Share Index (ASI) declining further by 0.39 per cent.
The nation’s bourse resumed transactions for the week on Monday with a loss of N55 billion following sell pressure in some blue chips.
Asian markets rose Monday, recovering some of the losses at the end of last week, as investors followed a strong performance on Wall Street fuelled by hopes for a coronavirus vaccine, though a spike in infections around the world capped gains.
The Securities and Exchange Commission (SEC) has restated its preparedness to collaborate with the National Information Technology Development Agency (NITDA) to foster safe conducts and usage of personal data in the Nigerian capital market.
Swiss sports shoe maker On, partly owned by tennis champion Roger Federer, is in the early stages of preparing for a stock exchange listing in summer or autumn of next year, newspaper NZZ am Sonntag reported.
Sentiments in the local bourse weakened leaving the All Share Index (ASI) of the Nigerian Stock Exchange (NSE) at 24,276.56 basis points on Thursday, having declined marginally by 0.01per cent.
The Nigerian Stock Exchange (NSE) has urged investors to trade with caution on the shares of 13 companies for failing to submit financial statements without any explanation.
The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a loss of N162 billion in a day.
Nigerian stocks closed the first half down with average loss of 8.80 per cent, equivalent to net capital depreciation of N1.14 trillion as investors struggled with a threesome of domestic macroeconomic uncertainties, global decline in crude oil price and trade wars and the ravaging COVID-19 pandemic.
Transactions rebounded on the Nigerian Stock Exchange (NSE) on Friday with the market capitalisation increasing by N107 billion, after days of bearish trend.
Tokyo stocks were higher Tuesday morning, as investor sentiment was bolstered by the United States technology shares rising overnight sending the Nasdaq Composite Index to a record high.
European shares fell on Monday as signs of resurgence in coronavirus cases in Germany and elsewhere unnerved investors who were hoping for a swift economic recovery from the crisis.
Nigerian equities market resumed trading on Monday with a loss of 0.91 per cent as a result of profit taking in some blue chips.
Zamfara government questions ex-governor over ‘missing’ N37 billion refund on executed federal projects
Zamfara Government says it has alerted security agencies to track the whereabouts of over N37 billion refunds on Federal Government projects executed by the state.
United States President Donald Trump, on Tuesday, urged the United Nations General Assembly to hold China “accountable” for its actions over the coronavirus pandemic.
Angolan state prosecutors on Tuesday arrested a businessman with close links to ex-president Jose Eduardo dos Santos over corruption claims, amid an anti-graft drive largely aimed at the former regime.
Real Madrid midfielder Martin Odegaard has tested positive for Covid-19 following Monday’s round of testing, report Onda Cero radio station.
Importers and their agents have said that a 5.0 per cent increase is now effected in duty payable on all imports following the implementation of the new exchange rate by the Nigeria Customs Service, NCS.
Nengi, who insists on a platonic relationship with Ozo, had told him to let her be and never talk to her again.
Mikel Arteta believes Arsenal are capable of beating anyone on their day, as shown by victories over the likes of Manchester City and Liverpool, with the Gunners confident of competing with English football’s elite for more major honours.
The Peoples Democratic Party (PDP) has welcomed the decision of the United Kingdom (UK) to impose Visa ban as well as seizure of assets and property belonging to those involved in the undermining of Nigeria’s electoral process, particularly ahead of the Edo and Ondo governorship elections.
Governor Hope Uzodinma has appealed to the Nursing and Midwifery Council of Nigeria to consider the re-accreditation and re-opening of Nursing and Midwifery schools in Imo state.
Big Brother Naija, BBNaija housemate, Laycon has reacted to his emergencies as a finalist of season 5.