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Investors’ in the Nigerian stock market recorded a N50bn increase in their wealth on Wednesday as the market extended its bullish run into the second consecutive day after the rebound on Tuesday.
Following sell pressure in the Nigerian stock market arising from growing political tension and security challenges in the country, foreign investors pulled out about N43. 78 billion from the local bourse last September.
Federal government signs $21 million deal with Japan for rehabilitation of Lagos transmission substation
The federal government has signed a grant aid project with Japan for emergency rehabilitation and reinforcement of the Lagos electricity transmission substation.
The Nigerian Stock Exchange (NSE) has suspended trading on the shares of Unity Bank Plc and five other publicly quoted companies.
The president of Argentina's central bank has resigned amid negotiations with the International Monetary Fund (IMF) to bail the South American country out of its volatile economic crisis.
A shooting at a bank in the US state of Ohio has killed four people, including the gunman, police have said.
The economy of Venezuela, an oil exporter like Nigeria, has gone fully bonkers. Inflation projected to hit 14,000 percent this year, has been reset by the International Monetary Fund to a mind-boggling one million percent.
In keeping with Article 4 of United Nations Conference on Trade and Development (UNCTAD) minimum standards for shipping agents all over the world, the Federal Government has now compelled all shipping agencies to open Disbursement Accounts (DAs) from where they will carry out operational costs for their multinational principals overseas.
The Naira on Monday depreciated against the dollar at the parallel market in Lagos, the News Agency of Nigeria (NAN) reports.
Senior lawyer Femi Falana advises Economic and Financial Crimes Commission (EFCC) to stop sealing up assets belonging to suspects of financial crimes
Lagos APC Senator Solomon Adeola kicks against any attempt to override President Muhammadu Buhari’s veto on the Electoral (Amendment) Bill 2018
At least six Jewish settlers wounded in drive-by shooting in occupied West Bank
Senate President Bukola Saraki says People’s Democratic Party (PDP) has all it takes to win next year’s general elections
Cross River governorship candidate John Owan-Enoh says the party will sweep polls in 2019 general elections in the state
A Kano High Court presided by Justice Ahmed Tijjani Badamasi has ruled that the state House of Assembly does not have the power to investigate or invite or summon the governor over any alleged criminal case.
The Conference of Nigeria Political Parties (CNPP) has warned that the negative impact of not assenting to amendments to Nigeria’s Electoral Act as contained in the Electoral Act Amendment Bill (2018) before next year’s general elections will endanger the deepening of the country’s democracy.
No fewer than three political parties that were said to be members of the loose Coalition of United Political Parties, CUPP, have dissociated themselves from the reported endorsement of Atiku Abubakar, the candidate of the Peoples Democratic Party (PDP).
The Defence Headquarters has revealed about 120,000 liters of Premium Motor Spirit (PMS) valued at N17 million illegally siphoned from vandalised Nigerian National Petroleum Corporation (NNPC) pipelines have so far been recovered.
The European Union is set next week to prolong sanctions against Congolese President Joseph Kabila's chosen successor just two weeks before a historic election in the resource-rich Central African country.