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The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NGX: Negative sentiments persist, indices down by 0.29%

Negative sentiments persisted on the Nigerian Exchange (NGX) on Tuesday, following profit-taking as Guinness dragged the All-Share Index lower by 0.29 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NGX: Stock market investors lose N81 billion to profit-taking

Trading on the Nigerian Exchange Limited (NGX), yesterday, closed the first trading session of the week on a negative note, as NSE-All-Share Index (ASI) declined by N81 billion or 0.40 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE resumes Easter holidays with N78 billion loss

The Nigerian stock market resumed after the Easter public holidays on Tuesday with a loss of 0.39 per cent due to persistent bearish trend.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE: Investors lose N118 billion on renewed profit taking

Investors on the Nigerian equities market yesterday lost N118 billion as the market reversed its previous session gains on renewed profit-taking.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE’s indices drop further by 0.13 percent

Key indicators of the Nigerian Stock Exchange closed on Friday with a loss of 0.13 per cent, as turnover volume increased by 73.59 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE moves 307.79 million shares valued N2.91 billion in bearish trend

The Nigerian Stock Exchange (NSE) on Friday moved 307.79 million shares valued at N2.91 billion exchanged in 4,393 deals.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Operators identify factors discouraging foreign investors from stock market

Foreign investors’ low patronage of the Nigerian stock market has been attributed to scarcity of foreign exchange (FX) as well as concerns about the coronavirus pandemic.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE opens week with 0.33% growth on Seplat, Lafarge Africa gains

Trading in the domestic equities market commenced the week on a positive note, growing by 0.33 per cent due to buying interests in Seplat, Lafarge Africa and Tier-1 banking stocks.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE’s capitalisation drops further by N112bn on profit taking

The local bourse sustained its negative run on Thursday recording the fourth consecutive loss, following profit taking in Dangote Cement, Zenith Bank and United Bank for Africa stocks.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Profit taking: NSE market indices drop further by 0.10 percent

Nigeria’s bourse on Wednesday sustained its bearish performance for the third consecutive trading day, with the market indicators dropping further by 0.10 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Trading rebounds on NSE, up N50 billion

Transactions on the Nigerian Stock Exchange (NSE) rebounded on Wednesday by N50 billion, halting two consecutive days bearish trend due to sustained bargain-hunting in insurance stocks.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE: Nigerian stocks maintain bullish trend for fifth straight day

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.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE extends gain, index rises further by 0.11 percent

Positive sentiments persisted on the Nigerian Stock Exchange on Wednesday with the All-Share Index extending growth by 0.11 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE opens week with 0.08 percent growth

Trading on the nation’s bourse resumed on Monday on a positive note, following investors’ interest in shares of Zenith Bank, International Breweries (IB) and Flourmill.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

All-Share Index rises 2.2% as market begins 2021 on positive note

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 logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stock exchange resumes 2021 with N459 billion growth

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.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigeria stock market advances by N214 billion

Nigeria extended bullish posture on Wednesday with the market capitalisation increasing further by N214 billion on sustained bargain hunting of blue chips.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigeria’s stock market closes for Christmas with N2 billion loss

Nigerian Stock Exchange (NSE) on Thursday reversed its uptrend, dropping by N2 billion ahead of the Christmas celebration.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigeria stock market gains N334 billion on Dangote Cement share buyback

The Nigerian Stock Exchange (NSE) gained N334 billion on Monday due to buying interest in Dangote Cement and 22 other stocks.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Investors gain N1.3 trillion as stock market rises to N19 trillion

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 logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

All-Share Index grows by 1.7% as trading resumes

The first trading session of the week opened bullish following the 1.73 per cent growth recorded by the Nigerian Stock Exchange (NSE) on Monday.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Airtel, Guinness drive NSE ASI up 1.73 percent

Despite the bearish sentiment that hovered around the Nigerian stock market last week, transactions rebounded as the shares of Airtel, Guinness and Dangote Cement lifted the market’s index up by 1.73 per cent on Monday.

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The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police nab five for stealing N55 million cocoa export consignment

The Nigeria Police Force, NPF, has arrested five persons, Lawal Abiola; Afeez Rasaq; Akeem Gbolahan; Idowu Jelili and Safiriyu Oyebanji over alleged involvement in the stealing of a 40-foot container of Cocoa worth N55 million meant for export to the United States of America, USA.

JAMB scraps use of email for UTME, DE registration

The Joint Admissions and Matriculation Board (JAMB) has said the use of email is no longer required for the Unified Tertiary Matriculation Examination (UTME) and Direct Entry (DE) registration processes.
According to a report by the US Department of Justice (DOJ), Ifemembi, originally of Nigeria, was arrested in Maryland on Wednesday, April 7, 2020, on a federal charge that he obtained U.S. citizenship under a false name. It added that he made false statements to acquire U.S. citizenship, in addition to employment with USCIS.

Nigerian faces 10 years in jail for obtaining U.S. citizenship using fake identity

The United States authorities have charged 48-year old Modestus Nwagubwu Ifemembi to court over fraudulent claims he provided to obtain the US citizenship 10 years back.
The Registrar-General-Chief Executive, Corporate Affairs Commission (CAC), Alhaji Garba Abubakar, yesterday said all accredited customers must revalidate their accreditation with the commission before the end of March or have their accounts suspended.

CAC aims to register new company within three hours

The Corporate Affairs Commission (CAC) says it will be possible for companies in Nigeria to be registered within three hours, before the end of 2021.
Gombe state Governor, Muhammadu Inuwa Yahaya has declared that the challenging experience the state went through in the 2020 fiscal year will be used to sharpen the vision of the government for the 2021 fiscal year and beyond.

Ramadan: Gombe governor calls for fervent prayers against insecurity

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Department spokesman Ned Price told a news briefing that the United States is “gravely concerned” about accounts last week by CNN and the BBC of a massacre in the region by Ethiopian forces.

US loosens restrictions on Taiwan contacts in defiance of China

The State Department has announced that it will make it easier for US officials to meet Taiwanese representatives, defying pressure from China at a time of high tensions, and as the US Congress considers sweeping legislation to counter Beijing’s influence.
People observe flowers outside Windsor castle, after Britain's Prince Philip, husband of Queen Elizabeth, died at the age of 99, in Windsor, near London, Britain, April 11, 2021. REUTERS-Henry Nicholls

Snow in Windsor as Queen Elizabeth ponders ‘huge void’ after death of Prince Philip

A spring snow storm struck Windsor Castle on Monday where Queen Elizabeth pondered the huge void left by the death of Prince Philip, her husband of 73 years.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

EFCC arrests IT expert, six others for ‘internet fraud’

The Economic and Financial Crimes Commission (EFCC), Ibadan Zonal Office, has arrested an Information Technology (IT) expert and six others for alleged internet fraud.
The Federal Airports Authority of Nigeria, FAAN, has said that the coming of a new airline; United Nigeria, has increased the number of domestic flights at the Akanu Ibiam International Airport, AIIA, Enugu to seven airlines.

United Nigeria Airline commences operation in Owerri

The United Nigeria Airline yesterday began its full operation in Owerri, the Imo State capital as it airlifted its first set of passengers from the Sam Mbakwe International Cargo Airport, Owerri to Lagos State.
Ole Gunnar Solskjaer has downplayed suggestions his side have reignited the Premier League title race after ending Manchester City’s 21-match winning run with a stunning 2-0 derby victory.

Ole Gunnar Solskjaer: Second place finish is never good enough for Manchester United

United will be looking to consolidate second place in the Premier League against a Spurs side still fighting for a top-four finish, but Solskjaer insists that second will never be good enough for the club.