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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.
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.
Investors on the Nigerian equities market yesterday lost N118 billion as the market reversed its previous session gains on renewed profit-taking.
The Nigerian Stock Exchange (NSE) on Friday moved 307.79 million shares valued at N2.91 billion exchanged in 4,393 deals.
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.
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 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.
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.
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 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.
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.
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 Corporate Affairs Commission (CAC) says it will be possible for companies in Nigeria to be registered within three hours, before the end of 2021.
Muslim communities have been called upon to use the holy month of Ramadan to pray fervently against the challenges of insecurity as well as for unity and progress of the state and the nation as a whole.
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.
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), Ibadan Zonal Office, has arrested an Information Technology (IT) expert and six others for alleged internet fraud.
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.
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.