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The Nigerian Stock Exchange (NSE) rebounded on Tuesday with a growth of 1.24 per cent, after a loss of over N200 billion in the preceding trading session.
Days after pledging to support the fight against Coronavirus in Nigeria, Nigerian billionaire, philanthropist, and former chairman of Forte Oil PLC, Femi Otedola has redeemed his pledge.
The market capitalisation of the Nigerian Stock Exchange (NSE) on Wednesday depreciated further by N9 billion, amid profit taking.
Mr Idowu Jimoh, an official of the Public Complaint Commission (PCC), urged the Department of Petroleum Resources (DPR) to extend its visit to Badagry so as to check selling of petrol into jerrycans which was rampant in the area.
The Nigerian Stock Exchange market capitalisation on Wednesday shed N130 billion in about six hours of trading.
The Federal Government has begun a clampdown on illegal gas plants and roadside retailers of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, an official said.
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.
International Breweries (IB), Linkage Assurance and Forte Oil emerged worst performing stocks in percentage terms on the Nigerian Stock Exchange (NSE) in July.
Activities on the Nigerian Stock Exchange (NSE) returned to bearish mood on Tuesday following sell pressure in blue chips, forcing the market capitalisation to drop by N69 billion.
The women of Sapele Okpe Community and Sapele Okpe Community Land Trust Association, Delta State, have grounded activities at Forte Oil Nigeria Limited, Sapele branch over what they called “non-payment of entitlements owed the community’s Land Trust Association.”
Some shareholders of Forte Oil (FO) Plc on Tuesday tasked the new management of the company on continuous payment of dividend and adherence to good corporate governance.
A Nigerian businessman and billionaire, Femi Otedola, has disclosed plans to shift his focus to power generation.
Maltese authorities have seized counterfeit Libyan money worth $1.1 billion that was printed by a Russian firm and worsen the north African country’s economic problems, the US State Department said.
Sudan has summoned the Ethiopian embassy's chargé d'affaires over a border attack by suspected Ethiopian rebel fighters that killed and wounded several Sudanese army personnel and civilians, Khartoum said in a statement on Saturday.
Thirteen people died on Friday when villagers fought back against armed cattle thieves in Katsina State where rustling has been on the increase.
The State Commissioner for Health, Dr. Dominic Ukpong, who announced this on Saturday said those discharged have been certified negative by the Nigeria Centre for Disease Control, bringing to 16, the total of those treated and discharged of the viral infection since the first set of cases were recorded on April 1, 2020.
Dr Olufemi Oke-Osanyintolu, the Director-General of the Lagos State Emergency Management Agency (LASEMA), disclosed this in an interview with newsmen in Lagos on Saturday.
They also denied signing a Memorandum of Understanding with the state government over their three-week warning strike.
The Chairman, Nigerians in the Diaspora Commission, Abike Dabiri-Erewa, has disclosed that over 40 office equipment, workstations and files belonging to NIDCOM staff were still locked up at the Nigeria Communications Commission building, four months after the Minister of Communications and Digital Economy, Mr Isa Pantami, allegedly ordered the eviction of the diaspora commission.
The security architecture in Nigeria has once again come under the spotlight after a new report said the Nigerian Government and citizens have handed over N4 billion ($11 million) to kidnappers for ransom in the last four years.
Augsburg winger Noah Sarenren-Bazee says he’s pleased with side’s performance in the 3-0 win against Schalke 04 in a matchday 27 German Bundesliga encounter on Sunday.
Moses was reported to have agreed a four years deal with the French league one side earlier this week, reports added the Nigerian international was allowed to join the club for a fee of €5 million.