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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.
FILE PHOTO - The logos of Amazon, Apple, Facebook and Google in a combination photo.-File Photo

BofA: Big tech-led equity inflows fuelling ‘mother-of-all asset bubbles’

A record rush to big technology stocks saw equity funds bagging $27.8 billion inflows last week with the ongoing ultra-easy monetary policy creating the “mother-of-all asset bubbles”, BofA said on Friday.
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 closes week in red, down by 1.40%

The market indices of the Nigerian Stock Exchange (NSE) closed in red on Friday, dropping by 1.40 per cent due to Dangote Cement price drop.
Nigeria’s biggest company by market capitalisation, Dangote Cement, has announced the completion of the first tranche of its share buyback programme.

Dangote Cement pays investors N9.7bn in first share buyback programme

Dangote Cement, Nigeria’s biggest company by market capitalisation, has announced the completion of the first tranche of its share buyback programme.

Saudi Aramco profits dive 73% as coronavirus batters oil demand

Energy giant Saudi Aramco said on Sunday its second-quarter profits plunged a massive 73 percent due to sharply lower oil prices as the coronavirus crisis undercuts global demand.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE: Trading sustains bullish trend, rises 0.45 per cent

Activities on the trading floor of the Nigerian Stock Exchange (NSE) maintained a bullish posture on Friday with the market indicators appreciating further by 0.45 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE trading dipped, as all share index down 0.35% Friday

Trading on the nation’s bourse returned to the negative territory on Friday with key market indices declining by 0.35 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE sustains negative sentiment, ASI down 0.39 per cent

Activities on the Nigerian Stock Exchange (NSE) on Tuesday maintained negative sentiment, with the All-Share Index (ASI) declining further by 0.39 per cent.
The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

Fitch affirms Triple A rating of AfDB with stable outlook

Fitch Ratings, the global credit rating agency, has affirmed the African Development Bank’s (AfDB) Long-Term Issuer Default Rating (IDR) at ‘AAA’ with stable outlook.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigeria’s stock market opens week with N55 billion loss

The nation’s bourse resumed transactions for the week on Monday with a loss of N55 billion following sell pressure in some blue chips.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Trading resumes after Eid-el-Fitr celebration with 0.07% growth

The Nigerian Stock Exchange (NSE) reopened trading on Wednesday after the public holidays to mark the Eid-el-Fitr celebration with a marginal growth of 0.07 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market capitalisation rises further by N130 billion

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

Transactions remain upbeat on NSE, indices up 1.09 per cent

The nation’s bourse maintained a bullish mood on Tuesday with the key performance indices increasing further by 1.09 per cent on gains by some blue chips.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stock market capitalisation gains N80 billion on last trading day of April

The Nigerian Stock Exchange (NSE) market capitalisation on Thursday closed the last day of April with N80 billion gain, following sustained demand for blue chips.

Tullow exits Uganda project, sells stake to Total for $575 million

Tullow Oil said that Total has agreed to buy its entire stake in their joint onshore oil fields in Uganda for $575 million as part of its target to raise $1 billion this year to tackle its $2.8 billion debt pile.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stock market capitalisation loses N152 billion

The Nigerian Stock Exchange (NSE) market capitalisation on Tuesday inched lower by N152 billion, amid sell pressure in 27 stocks.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE: Market capitalisation rises by N77 billion

The Nigerian equities market maintained upward trend on Wednesday with the market capitalisation growing further by N77 billion following renewed interest in high capitalised stocks.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE investors lose N222 billion in six hours

Activities opened on the Nigerian Stock Exchange (NSE) for the week on a bearish posture with the market capitalisation losing N222 billion in about six hours of trading.Activities opened on the Nigerian Stock Exchange (NSE) for the week on a bearish posture with the market capitalisation losing N222 billion in about six hours of trading.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigeria equities investors lose N2.6 trillion in March

Amidst the coronavirus pandemic and its attendant effect on the economy, negative sentiments were reflected on the local equities market as investors lose N2.56 trillion in the month of March.
Nigerian Stock Exchange NSE

NSE crucial market indicators end Friday with 0.03 per cent growth

The Nigerian Stock Exchange (NSE) crucial market indicators closed trading on Friday with a marginal growth of 0.03 per cent.
Nigerian Stock Exchange NSE

NSE: Market indices extend growth by 0.35 per cent

The Nigerian Stock Exchange (NSE) market indices ended trading on Friday with a growth of 0.35 per cent.

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YabaTech fixes dates for Post UTME

The Yaba College of Technology (Yaba Tech) says arrangements have been concluded for the conduct of its Post United Tertiary Matriculation Examination (UTME).
A former Head of the Department of Mass Communication, Faculty of Communication and Information Science at the University of Ilorin, Adesina Azeez, has been promoted to the position of a professor.

UNILORIN names first professor of mass communication

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Zamfara schoolgirls kidnap: President Buhari has failed Nigeria – Wole Soyinka

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Public Relations Officer, DSS National Headquarters, Abuja, Dr Peter Afunanya

DSS: We didn’t attempt to arrest Sunday Igboho

The Department of State Services, DSS, has denied attempting to arrest Yoruba activist, Chief Sunday Adeyemo, popularly known as Sunday Igboho in Ibadan, the capital of Oyo State.
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.

Gombe governor mourns retired Justice Abdul Kafarati

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