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The crucial indicators of the Nigerian Stock Exchange (NSE) closed on a positive note on Friday with the market capitalisation rising by N70 billion or 0.60 per cent.
A senior lawyer, Femi Falana, has written the Attorney-General of the Federation, Abubakar Malami, seeking powers to prosecute Company Secretary/Legal Adviser, Zinox Group and Technology Distributions Limited (TD), Chris Eze Ozims, along with six others, for alleged fraud.
Activities on the Nigerian Stock Exchange reversed to the negative territory on Wednesday due to profit taking with the market capitalisation shedding N18 billion.
Justice Ayotunde Faji of the Federal High Court, Lagos, yesterday, fixed December 7, for hearing of a motion seeking the issuance of bench warrant against the founder of Innoson Motors Nigeria Limited, Mr. Innocent Chukwuma and four others for their refusal to appear before the court for arraignment over alleged forgery .
Activities on the Nigerian Stock Exchange closed northward on Thursday with the market indicators appreciating further by 0.37 per cent.
Gains posted by some consumer goods equities on Tuesday lifted trading on the nation’s bourse with the market capitalisation improving by N38 billion.
Interswitch Group, a Pan-African integrated digital payments and commerce company, in partnership with Microsoft, has announced the launch of its innovative blockchain-based supply chain financing service.
Trading resumed on the Nigerian Stock Exchange (NSE) for the week on Monday on a positive note with the market capitalisation rising by N106 billion.
Activities resumed for the week at the Nigerian Stock Exchange (NSE) on a positive trend, with market capitalisation returning to N12 trillion amid improved third quarter results.
Seplat and Dangote Cement led the losers’ table with a loss of N5 each to close at N615 and N200 per share respectively on the Nigerian Stock Exchange (NSE). This is as the bears regained control on Wednesday as major blue chips posted price depreciation.
Transactions rebounded on the Nigerian Stock Exchange (NSE) on Tuesday following gains posted by some highly capitalised equities.
A Lagos State High Court yesterday struck out the fraud case filed by the Economic and Financial Crimes Commission (EFCC) against Innocent Chukwuma, the founder of Innoson Motors Limited.
Analysts at Afrinvest Limited stated that “we anticipate a rebound in today’s trading, as we saw significant buy interest in banking stocks yesterday, which we expect to be sustained throughout this week.”
The Market indices of the Nigerian Stock Exchange (NSE) dropped marginally on Tuesday by 0.08 per cent, reversing the previous day’s gain.
The Independent Corrupt Practices and Other Related Offences Commission, (ICPC), said it has secured a conviction against another visa racketeer, Giwa Sulaimon, who was earlier arraigned for forgery and making false statements.
Trading on Nigerian Stock Exchange (NSE) closed on a positive note on Tuesday, with Total Oil leading the gainers’ table.
Zambia coach Bruce Mwape, says he’s delighted with his team performance in the 5-0 defeat of pre tournament favorite Equatorial Guinea in the AWCON opening game at the Cape Coast Stadium on Sunday.
The National Chairman of the All Progressives Congress, Adams Oshiomhole, said the victories recorded by the party in the three bye-elections held on Saturday in Katsina, Kwara and Bauchi states were pointers to the impending defeat of the PDP in the 2019 general elections.
Saudi Arabia's foreign minister rejected media reports that CIA believes the country's crown prince ordered the killing of journalist Jamal Khashoggi and said Turkish statements on the matter is not targeting Mohammed bin Salman.
Xi Jinping arrived in the Philippines on Tuesday for the first state visit by a Chinese president in 13 years, with the administration of Rodrigo Duterte under pressure to show there is value in its "pivot" to China.
The federal government has reiterated its commitment to tackling Noma disease and has given hope to children born with the disease in the country.
Nigerian Super Falcons flew into Ghana’s capital city, Accra, on Wednesday on their way to Cape Coast for Group B attrition of the 11th Women Africa Cup of Nations.
The Peoples Democratic Party (PDP) has urged Nigerians to use Eid-el-Maulud to pray for new direction and God’s guidance, particularly as the nation gears up for general elections in 2019.
President Muhammadu Buhari says his administration is committed to national unity and religious harmony, urging Nigerians to embrace the effort.
Minister of Budget and National Planning, Senator Udoma Udo Udoma, on Monday disclosed that about 2.5 million children under the age of five years might be in danger of being afflicted by severe acute malnutrition in Nigeria.
The Nigerian Army says it has embarked on the construction of a holding facility in Borno to improve detainee management of insurgents during investigations.