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Investors in the nation’s stock market lost N196bn on Monday as equities listed on the Nigerian Stock Exchange declined following the sudden postponement of the general elections.
The dollar fell versus a basket of its peers on Monday as rising expectations of a U.S.-Sino trade deal led investors to shift away from the safety of the greenback into riskier assets.
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 Naira on Wednesday closed at N363.32 to the dollar at the investors window, the News Agency of Nigeria (NAN) reports.
Union Bank of Nigeria Plc on Monday launch TechVentures, a unique banking proposition aimed at providing tailored services to technology companies in their various stages of business life cycle.
When the global oil industry held its biggest annual gathering this week in the Swiss town of Davos, it invited banking bosses and fund managers to discuss two key topics – climate change and pressure from investors.
Utomi made these remarks at the commissioning of the new gigantic Corporate Headquarters edifice of the Vista International Conglomerate in Lagos State.
The Naira on Thursday lost marginally to the dollar at the parallel market in Lagos exchanging at N362.5, weaker than N362 traded on Wednesday.
The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has said he is among those suffering from the power problem in the country.
The Minister of Science and Technology, Dr Ogbonnaya Onu, doled out N6.750 million to researchers, innovators and investors who distinguished themselves at the just concluded Technology and Innovation Expo 2019 which took place in Enugu.
The Minister of Science and Technology, Dr Ogbonnaya Onu, has reiterated Federal Government’s determination to continue to work until the country produces Noble Laureates in Chemistry, Physics and Medicine, while advancing science and technology.
Shareholders have urged the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) to introduce policies that would enhance minority shareholders’ protection in 2019.
The equities market closed yesterday on a negative note to commence the weekly trading activities on the downswing after it also finished last Friday in the red.
Less than twenty four hours to the commencement of the presidential and National Assembly elections, scores of people have been reportedly arrested from across Kogi State, by operatives of the Special Anti Robbery Squad (SARS), Lokoja.
AEK Athens have been hit with a one-season ban from European competition after fan violence in a Champions League game against Ajax, but UEFA has suspended the punishment for two years.
The National Bureau of Statistics said Nigeria generated N298.01 billion from Value Added Tax in the fourth quarter, 2018.
The Centre for Transparency Advocacy (CTA), an accredited election observer group, has appealed to security agents deployed for the rescheduled general election to act according to the electoral act, exhibit neutrality and professionalism.
The image of a frustrated Lionel Messi with his hands on his hips in Barcelona’s 0-0 Champions League draw in Lyon on Tuesday may reverberate the most around the world, but it is Luis Suarez’s form in front of goal that is causing most concern in Catalonia.
Kaduna state governor Nasir El-Rufai on Tuesday said about 130 persons died in Kajuru villages attack and not 60 as he previously announced.
Former Ogun State Governor Olusegun Osoba has begged members of the All Progressives Congress (APC) to vote for Governor Ibikunle Amosun and put behind the attacks on the party’s campaign rally in the state
The All Progressives Congress Leaders and Elders in Akoko North-West Local Government, on Monday appealed to the national leadership of the APC to warn the state governor, Mr Rotimi Akeredolu.
The Election Monitor (EM) has said that its track of violent incidences from August 18, 2018 till February 14, 2019 recorded 145 cases of pre-election violence leading to 122 deaths and leaving 256 injured.