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

Nigeria stock market opens November with 0.17% loss

The Nigerian equities market resumed November trading with a loss of 0.17 per cent, halting the six-day bullish run on the back of profit taking.
A Police officer prepares to fire teargas towards protesters during a anti-government demonstration in Luanda. Osvaldo Silva - AFP

CPJ: Angolan police detain, harass journalists covering protests

At least six journalists and one media worker were arrested – with four held for more than two days – and another was harassed while covering anti-government protests by civil society groups and opposition parties in the capital, Luanda, on October 24, according to news reports and Teixeira Candido, secretary general of the Union of Angolan Journalists (SJA), who spoke with CPJ via messaging app. All those detained were released without charge, Candido said.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Stock market sustains gains, advances by 0.7 per cent

The Nigerian equities market maintain a positive stance, on Tuesday, as the local bourse inched up by 0.70 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE strengthens investor protection, upgrades X-Whistle

The Nigerian Stock Exchange (NSE) has announced the upgrade of its whistleblowing platform, X-Whistle.
The Aba automated shoe factory is set to commence operations, September 2020.

Abia governor inaugurates board of shoe factory, to begin production soon

Governor Ikpeazu, while Inaugurating the committee in Umuahia, said shoe factory was established to put Abia in the mainstream of a competitive global shoe market and to consolidate the position of Aba in particular and Abia State in general as a global hub for shoe manufacturing and other leather products.
The Bauchi State Governor Bala Abdulkadir Mohammed has warned residents of Bauchi state to adhere strictly to protocols of the Nigeria Centre for Disease Control (NCDC) for Coronavirus, saying that the pandemic is not yet over.

NMA: Nigerian government shifting coronavirus testing responsibility to citizens

As Nigeria ramps up COVID-19 testing, medical professionals have faulted the government’s privatisation of COVID-19 testing describing it as an act of ‘shifting responsibility to the citizens.”
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stock market opens week with N119 billion loss

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.
Lawyers, social critics, Aba residents and civil society groups on Thursday lauded the 12-year prison sentence handed down to ex-Governor Orji Kalu of Abia by a Federal High Court in Lagos.

Supreme Court voids Senator Orji Kalu’s conviction, jail term

The Supreme Court, on Friday, quashed the judgement that convicted and sentenced the former governor of Abia State, Orji Uzor-Kalu, to 12 years imprisonment.
Zimbabwean doctors have filed a lawsuit aimed at compelling the government to beef up coronavirus protection for public hospitals and healthcare workers.

Ogun doctors begin three-day warning strike amid coronavirus

The Association of Resident Doctors at the Olabisi Onabanjo University Teaching Hospital, Sagamu, Ogun State, says its members will commence a three-day warning strike on Monday.
Nigeria’s first COVID-19 mobile testing booth has been launched in Ota, Ogun State. The booth was designed by the founder of the Flying Doctors, Dr. Ola Brown.

Ogun launches coronavirus mobile testing boot

Nigeria’s first COVID-19 mobile testing booth has been launched in Ota, Ogun State. The booth was designed by the founder of the Flying Doctors, Dr. Ola Brown.
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.

Ondo pays salary arrears of ex-political office holders

Ondo State Governor Oluwarotimi Akeredolu has paid former political office holders, two out of the seven months salary arrears owed by the Olusegun Mimiko administration.

Ecobank announces new appointments and changes on the board

Ecobank Transnational Incorporated, ETI, the Lome-based parent company of the Ecobank Group, announces two new appointments and changes on its Board of Directors.
The Federal Road Safety Corps (FRSC) in Niger says 12 people have died in an accident on Sunday at Sawmill village along Mokwa -Makera road in Mokwa Local Government Area of the state.

Okada ban: FRSC cautions motorists against overloading

The Zone RS2 Command of the Federal Road Safety Corps (FRSC) comprising Ogun and Lagos States has advised motorists against overloading following the ban and restriction of commercial motorcycle (Okada) and Tricycle (Keke) in Lagos.

Ecobank chief asks bankers to reposition for challenges

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan, has called on bankers to reposition their skillsets and knowledge-scope in order to meet with the challenges of a fast-changing business environment and marketplace.

CIBN presents accreditation certificate to Ecobank academy

The Chartered Institute of Bankers of Nigeria (CIBN) has officially presented certificate of accreditation to the ultra-modern, state of the art Ecobank Nigeria Academy with a call to other financial institutions in the country seeking accreditation of their training school to emulate Ecobank Nigeria.
Nigerian Stock Exchange NSE

NSE: Investors react positively to ministers’ inauguration, assignment

Investors on the Nigerian Stock Exchange (NSE) on Wednesday reacted positively to the inauguration and assignment of ministers to various portfolios by President Muhammadu Buhari.
Nigerian Stock Exchange NSE

NSE indices record 0.21 percent loss

The Nigerian Stock Exchange (NSE) market indices shed 0.21 per cent due to loses in some blue chips.

Recent Stories

FCTA spent N29 billion on coronavirus during lockdown – minister

The Senate has been told that the Federal Capital Territory Administration, FCTA spent a total sum of N28.5billion on some activities within the Federal Capital Territory, FCT during the outbreak of the Coronavirus COVID-19 pandemic, especially during the lockdown.
The Chairman of the Nigerian Communications Commission (NCC), Professor Adeolu Akande, has said only good governance will silence social media from its criticism of government.

Only good governance will silence social media criticism – NCC chair

The Chairman of the Nigerian Communications Commission (NCC), Professor Adeolu Akande, has said only good governance will silence social media from its criticism of government.

INEC expresses readiness for saturday bye-elections in 11 states

The Independent National Electoral Commission, INEC, has expressed readiness for the conduct of bye-elections across 11 States this Saturday.

APC sets agenda for reappointed INEC chairman, tasks him on fairness

Following the Senate’s clearance of reappointed Chairman of the Independent National Electoral Commission INEC, Prof. Mahmood Yakubu, the ruling All Progressives Congress APC has set an agenda for the chief electoral umpire, urging him to be unbiased and apolitical.

Experts identify free zones as key route for economic recovery

As policymakers and investors explore all options available to revive the post-COVID-19 economy, a group of experts have recommended an increased focus on the industrialisation and vibrant trade flows found in Nigeria’s free trade zones.