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Aliko Dangote of Nigeria has maintained his position as Africa’s richest person for 10 consecutive years, according to the 2021 Forbes’ Africa Billionaires List released on Friday.
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.
The Nigerian Stock Exchange market indicators on Friday dropped further by 1.46 per cent due to unimpressive third quarter results released by some banks.
The bulls continued to dominate activities on the Nigerian Stock Exchange (NSE) with the All-Share Index rising above the set five per cent threshold to trigger circuit breaker.
Investors on the Nigerian Stock Exchange on Friday traded 637.49 million shares worth N5.23 billion transacted in 6,354 deals.
Trading reopened on the Nigerian Stock Exchange (NSE) on Friday after Eid-el-Maolud celebration still on an upward trend, growing by N571 billion.
The Nigerian Stock Exchange market capitalisation gained N239 billion in about six hours of trading on Wednesday, due to crash in money market instruments and improved third quarter earnings.
The Nigerian equities market maintain a positive stance, on Tuesday, as the local bourse inched up by 0.70 per cent.
The nation’s bourse commenced trading for August after Sallah break with a growth of 0.30 per cent on renewed bargain hunting.
One of Africa’s largest cement producers, BUA Cement, has announced an impressive 2020 half-year results declaring revenues of N101.3billion and a Profit After Tax of N34.82billion, representing an increase of 12.7% and 13.74% respectively from the corresponding period in 2019. This was contained in a filing to the Nigerian Stock Exchange.
Trading on the nation’s bourse returned to the negative territory on Friday with key market indices declining by 0.35 per cent.
The key market indicators of the Nigerian Stock Exchange (NSE) on Thursday posted the first gain for the week, appreciating by 1.40 per cent.
The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a loss of N162 billion in a day.
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.
Sentiments remained positive on the Nigerian Stock Exchange (NSE) on Wednesday, with the market capitalisation growing by N130 billion due to gains by Dangote Cement.
Activities on the Nigerian Stock Exchange (NSE) opened for the week on Monday with a marginal drop of 0.01 per cent.Activities on the Nigerian Stock Exchange (NSE) opened for the week on Monday with a marginal drop of 0.01 per cent.
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Congolese investigators arrived in Goma on Thursday to try to clarify the circumstances in which the Italian ambassador, his guard - a carabinieri - and a driver working for the World Food Program were killed earlier this week.g
The Zamfara Government has confirmed the abduction of female students of Government Girls Secondary School, Jangebe, in Talata-Mafara Local Government area of the state.
“Innalillahi Wa inna ilaihi Rajiun. It is with deep sorry that I announced the passing away of our elder statesman, Hon Justice Abdul Kafarati the immediate past Chief Justice of High court of the Federation and former Bauchi State Attorney General which occurred this night (Thursday) after magrib Salat at Abuja.”
Kidnappers have abducted schoolchildren in northwest Nigeria’s Zamfara state, a spokesman for the state governor said on Friday, but declined to say how many people were taken or provide further details.
Ayodeji Emmanuel, the 24-year-old son of a poultry farmer kidnapped on Monday in his father’s farm at Oke Odan, Apete area of Ibadan, has regained freedom.
German chancellor Angela Merkel has announced that Germany will be providing an additional N570billion (1.5 billion euros) to the ‘Access to COVID-19 Tools Accelerator’ (ACT Accelerator), the platform coordinated by the World Health Organization (WHO) to support the global efforts to tackle the COVID-19 pandemic.
A mobile Magistrate Court, on Friday, convicted 38 people in Edo State for riding tricycles and bikes without a government permit.
Senator Samuel Anyanwu who represented Imo East senatorial district, yesterday said that the Southeast zone has been gradually turned into a battleground.
The Minister of Information and Culture, Alhaji Lai Mohammed, has directed the National Broadcasting Commission to implement the Broadcasting Code provision that mandates television stations to deploy sign language interpreters on their major news bulletin, for the benefit of persons living with a disability.
Tottenham Hotspur have reportedly made their first move to sign highly-rated Anderlecht Nigerian winger Paul Mukairu this summer.