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The Nigerian Stock Exchange (NSE) on Monday reacted negatively to sudden election postponement, dropping by N196 billion as predicted by financial experts.
The Nigerian stocks market yesterday posted a gain of 1.98 per cent, its best performance so far in 2019, to further extend bullish trend to five consecutive trading days and return the year-to-date (YTD) performance to positive after seven months of being negative.
The indices of the Nigerian Stock Exchange maintained a positive trend on Thursday with the market capitalisation gaining N229 billion in one day, ahead of 2018 earnings season.
Activities on the nation’s bourse opened for the month of February on Friday with a growth of 0.26 per cent, halting four consecutive days’ bearish run.
The Central Bank of Nigeria (CBN) may increase the items on the foreign exchange (forex) restriction list from 42 to 50 in order to boost local production and stimulate the export market.
The Federal Government will soon start sourcing foreign exchange (forex) from Dangote Group, as soon as the latter’s refinery, petrochemicals and fertilizer projects come on stream.
One of the most exciting secondary school football tournaments in Africa, the GTBank Masters Cup, is set to return for its 8th season, following its opening draws, which was held on Thursday, January 17, 2019, in Victoria Island, Lagos. The tournament will feature over 30 schools and more than 40 teams who will compete for trophies in the male and female categories.
The bears at the Nigerian Stock Exchange (NSE) continued to dominate trading for the fifth trading days in 2019 with the crucial market indicators declining further by 1.20 per cent.
The volume of shares traded on the Nigerian Stock Exchange on Thursday rose by 171.65 per cent with the indices appreciating by 0.32 per cent.
The volume of shares traded on the Nigerian Stock Exchange (NSE) on Thursday rose by 171.65 per cent with the indices appreciating by 0.32 per cent.
The `Not too Young to Rule’ sponsor Samson Itodo on Sunday emerged the winner of 2018 Future Awards Young Person of the Year 2018.
A Chief Magistrates’ Court in Yaba, Lagos, on Wednesday remanded a 17-year-old boy in a juvenile home for allegedly stealing an Automated Teller Machine (ATM) card belonging to his visually impaired neighbour and withdrawing N1.3 million from the neighbour’s account.
The Nigerian Stock Exchange All-Share Index on Tuesday rebounded by 34 per cent following Dangote Cement gain.
The Nigerian equities market closed lower on Thursday with further decline of 1.33 per cent to extend losing streak to five consecutive transactions days.
The Vice-Chancellor of Kwara State University (KWASU) Malete, Professor Abdulrasheed Na’Allah, has called on the federal government to find lasting solution to the demands of the Academic Staff Union of Universities (ASUU) to avoid incessant strikes in the country’s universities.
Former Oyo State Governor Rashidi Ladoja, on Tuesday, testified at the Federal High Court, Lagos.
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.
Nigeria’s downstream sector records a yearly income of 56 billion dollars, Mr Abayomi Awobokun, Chief Executive Officer, Enyo Retail and Supply Limited, has said.
Former Arsenal goalkeeper David Seaman has suggested Arsene Wenger could be the ideal replacement for Maurizio Sarri at Chelsea.
A member of the National Assembly representing Langtang South/Langtang North Federal Constituency of Plateau State, Hon Beni Lar, has cried out that her constituency is under siege of political thugs ahead of the rescheduled presidential and National Assembly elections holding on Saturday.
A chieftain of the ruling All Progressives Congress (APC), and strong ally of President Muhammadu Buhari, Engr. Kailani Muhammad, has said that, the presidential candidate of the People’s Democratic Party (PDP), Alhaji Atiku Abubakar, is desperate to be president of Nigeria.
Suspected herdsmen on Wednesday killed 16 persons and injured two others during an invasion of Ebete community in Usha council ward of Agatu Local Government Area of Benue State.
US President Donald Trump on Monday urged Venezuela’s military to accept opposition leader Juan Guaido’s amnesty offer, or stand to “lose everything,” as a crisis deepened over President Nicolas Maduro’s refusal to let in desperately needed humanitarian aid.
The lawmaker representing Anambra South in the Senate, Senator Andy Uba, has debunked rumours making the rounds that he had been arrested by operatives of the Department of State Services (DSS).
Pope Francis has defrocked a former cardinal in a first for the Roman Catholic church over accusations American Theodore McCarrick sexually abused a teenager 50 years ago, a Vatican statement said on Saturday.
The official death toll from a dam burst in the Brazilian town of Brumadinho rose to 169, authorities in the state of Minas Gerais said on Monday.
A leader of the All Progressives Congress in Rivers State, Senator Abe Magnus, has debunked claims by Minister of Transportation, Rotimi Amaechi, that he is working with the State Governor Nyesom Wike against the party.