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Trading resumed on the nation’s bourse for the week on Monday still on a negative trend, declining marginally by 0.06 per cent in a cautious trading.
The Imo State chapter of the Peoples Democratic Party has accused Governor Rochas Okorocha of withdrawing N17bn from four banks in three days and converting government property to personal use.
The Nigerian Stock Exchange extended its negative outlook for the second consecutive days with crucial market indices dropping further by 0.35 per cent amid profit taking.
The nation’s bourse on Wednesday reversed the three consecutive days positive trend with the market capitalisation dropping by N20 billion.
Diamond Bank Plc has introduced PayDay Loan to ease the financial burden of its customers as part of the benefits from its merger with Access Bank Plc.
Trading on the Nigerian Stock Exchange (NSE) on Thursday continued to react negatively to the outcome of the presidential election with the market capitalisation losing N196 billion to close below N12 trillion mark in February.
The market capitalisation of listed equities on Tuesday shed N85 billion in six hours of trading to what traders attributed to profit taking as a result of the presidential poll.
Securities and Exchange Commission (SEC), the institution in charge of regulating the Nigerian Capital Market has approved the book build in respect of the proposed Green Bond, issued by Access Bank Plc.
The Nigerian bourse swayed southward on Thursday dropping marginally by 0.14 per cent, amid profit taking ahead of the Presidential and National Assembly elections.
Justice A. O. Faji of the Federal High Court sitting in Ikoyi, Lagos, on February 19, 2018, heard from prosecution witness, one Fredrick Ugo, how former Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Patrick Akpobolokemi, instructed Access Bank to illegally transfer N138, 000, 000 (One Hundred and Thirty Eight Million Naira) only to his company, Peniel Engineering Limited’s account.
The Nigerian Stock Exchange (NSE) on Monday reacted negatively to sudden election postponement, dropping by N196 billion as predicted by financial experts.
Nigeria’s central bank has given the country’s lenders some much-needed relief by extending the time they will have to implement stricter accounting rules for bad loans.
The Nigerian stocks market yesterday posted a gain of 1.98 per cent, its best performance so far in 2019, to further extend bullish trend to five consecutive trading days and return the year-to-date (YTD) performance to positive after seven months of being negative.
The indices of the Nigerian Stock Exchange maintained a positive trend on Thursday with the market capitalisation gaining N229 billion in one day, ahead of 2018 earnings season.
Trading on the nation’s bourse reversed losing streak on Friday, recording first gain in June with a marginal growth of 0.06 per cent.
The First Lady, Mrs Aisha Buhari, has reaffirmed her commitment toward improving the living conditions of women, children and the vulnerable persons in Nigeria.
Justice Aliyu Mayaki on Friday took the oath of office as the Acting Chief Judge of Niger state.
Kano State Governor, Dr. Abdullahi Ganduje, said on Friday that the state government would spend over N318 million on the construction of an Army training center in Falgore Forest, which was turned into a hideout by criminals.
Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested seven suspected internet fraudsters at the Sunshine Estate, Gwarinpa, Abuja.
The incident happened at Umuomumu Mbieri in the Mbaitoli Local Government Area of the state.
The Christian Association of Nigeria (CAN) have blamed Christians for continued persecution of Christians in Nigeria.
After 137 years when the first stone of its foundation was laid, a building which has since been one of the country’s most famous tourist attractions, has finally been issued permit by the authorities.
The Cross River State Police Command on Tuesday paraded a fourth year student of Medicine and Surgery in the University of Calabar for alleged cultism and illegal possession of firearms and military uniforms.
The National Alliance For Equity & Justice, a pan Nigerian group, Friday enjoined the All Progressives Congress, APC, senators-elect and other stakeholders to support the bid by former governor of Abia State, Dr Orji Uzor Kalu, to emerge as the Deputy Senate President of the 9th National Assembly.