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Equities on the Nigerian Stock Exchange generally posted their fifth consecutive daily gains on Thursday as leading stocks including Seplat, Dangote Cement and MTNN propelled the N325 billion upward drift.
Positive sentiments persisted on the Nigerian Stock Exchange on Wednesday with the All-Share Index extending growth by 0.11 per cent.
The equities market began 2021 on positive note yesterday as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose 2.18 per cent to close at 41,147.39, while market capitalisation added N458.4 billion to be at N21.5 trillion.
The Nigerian Stock Exchange (NSE) resumed trading in 2021 on a bullish trend with the All-Share Index surpassing the 41,000 mark, as investors continued to position ahead of full-year results and dividend declaration.
Nigerian Stock Exchange (NSE) on Thursday reversed its uptrend, dropping by N2 billion ahead of the Christmas celebration.
The Nigerian Stock Exchange (NSE) gained N334 billion on Monday due to buying interest in Dangote Cement and 22 other stocks.
The continued flow of funds into the stock market on the back of investors’ continued search for attractive returns pushed the market capitalisation from N17.092 trillion to N19.236 trillion, while the Nigerian Stock Exchange (NSE) All-Share Index (ASI), rose from 34,250.74 to 36,804.75 or 7.46 per cent, which are new highs.
The equities market shed N463.7 billion last week as the bullish streak was halted by persistent profit taking. Following the unprecedented growth recorded in the month of November, many investors have been locking in profits. Despite the pockets of profit taking, the market had maintained a positive weekly performance.
Nigerian stock market closed on a negative note for the fourth straight session on Thursday with the market capitalisation losing N232 billion.
Fidelity Bank Plc has started to raise N75 billion to support small and medium enterprises (SMEs), retail business as well as investments in technology and infrastructure. The financial institution is issuing N75 billion Series 1, 10 year Fixed Unsecured subordinated bonds under its N100 billion bond issuance programme. The offer opened on Monday December 7 and is expected to close on Monday December 14, 2020.
The stock market posted positive performance last week despite profit taking by some investors, as it sustained the growth recorded in the previous week.
The banking sector inspired the All-Share Index to gain 105.48 absolute points, representing a 0.30% growth to close at 35,147.62 points, Market Capitalization appreciated by N55.17 billion, representing a growth of 0.30% to close at N18.364 trillion.
The suspects are Yusuf Abiodun, 22, Jamiu Salami, 30, Dare Taiwo, 27, Oluwatobiloba Aberaman, Balogun Taofeek, 18, Samuel Owolabi, 16, Ejemina Godfrey, 39, Godwin Innocent, 22, Keneting Uduenga, 29, Ayeni Wales, 29 and Lekan Olajide, 22.
Eddie Hearn has hinted at a possible venue for the long-awaited heavyweight clash between Anthony Joshua and Tyson Fury.
Italian Prime Minister Giuseppe Conte won a crucial confidence vote in the Chamber of Deputies on Monday, hanging on to power after a junior partner quit his coalition last week and opened a political crisis amid the raging COVID-19 pandemic.
The U.S. Census Bureau’s embattled director resigned on Monday and will retire on Wednesday, the day Democratic President-elect Joe Biden is inaugurated, according to a letter on the bureau’s website.
Only a few dozen gun-rights activists converged on the Virginia state capital on Monday for an annual demonstration that typically draws thousands, with this year’s protests dampened by tensions in the wake of the Jan. 6 siege of the U.S. Capitol.
The supporting role being played by a former president, Goodluck Jonathan, towards reviving the stalled constitutional review process in The Gambia has begun to bear fruits, an official has said.
Former Chelsea and Atletico Madrid defender Filipe Luis has claimed Rojiblancos boss Diego Simeone - who he describes as a father figure - is not a great man-manager.
The National Human Rights Commission (NHRC) independent investigative panel on the violations of human rights by the defunct Special Anti-Robbery Squad (SARS) has postponed sitting indefinitely.
Pukon, in a statement challenging Mr President to openly declare his legacy to the region, stated: “The Niger Delta today has not been divided in any other time, then this time when you are the commander-in-chief with regard to the region’s socio-economic development and political advancement.”
Britain will tighten the law on importing goods linked to alleged human rights abuses in China as ministers take a tougher stance on Beijing, The Telegraph reported on Monday.