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Nigerian Stock Exchange NSE

Stock investors suffer N196 billion losses amid sell-off

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.
Dollar

Dollar weakens as trade deal hopes buoy riskier assets

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.

NESG forecast GDP growth by 3.2% in 2019

The Nigerian Economic Summit Group, NESG, has said that the nation’s real Gross Domestic Product, GDP, will grow by 3.2 percent in 2019.

Naira down to N362.03 to the dollar in I&E window

The Naira yesterday depreciated to N362.03 per dollar in the Investors and Exporters (I&E) window.
Nigerian Stock Exchange NSE

Stocks market gains 1.98%, returns YTD performance back to positive

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.
A man walks in front of a stock indicator board showing share prices of the Tokyo Stock Exchange in Tokyo on December 10, 2018. (Photo by Kazuhiro NOGI - AFP)

Asian shares go flat as China data disappoints

Asian shares crept back from four-month highs on Friday as a dismal survey on Chinese factory activity dulled optimism about the prospects for a Sino-U.S. deal on tariffs.

Naira closes at N363.32 to dollar at investors window

The Naira on Wednesday closed at N363.32 to the dollar at the investors window, the News Agency of Nigeria (NAN) reports.

Union Bank introduces TechVentures to support tech-based businesses

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.
Secretary-General of OPEC, Mr. Mohammed Barkindo

WEF: Oil industry considers options to combat climate change, investors’ pressure

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.

Pat Utomi tasks leaders on level playing ground for investments

Utomi made these remarks at the commissioning of the new gigantic Corporate Headquarters edifice of the Vista International Conglomerate in Lagos State.

Naira loses marginally against dollar at parallel market

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.
Atiku Abubakar

Atiku Abubakar: Nigeria’s power situation not funny

The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has said he is among those suffering from the power problem in the country.

Federal government doles out N6.7 million rewards to outstanding researchers, innovators

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.

Minister: We will not rest until Nigeria produces Noble Laureates in Chemistry, Physics

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.

EU slaps duties on Cambodia, Myanmar rice exports

The European Commission has reinstated duties on rice from Cambodia and Myanmar for three years after determining that imports were causing economic damage to European producers.

Shareholders task SEC on minority investors’ protection

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.
Nigerian Stock Exchange NSE

Stock market begins week bearish with N89 billion loss

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.
ginger

Audu Ogbeh: Nigerian ginger best worldwide

Chief Audu Ogbeh, the Minister of Agriculture and Rural Development, says Nigeria is presently a major leader in yam and ginger exportation and has the best quality ginger in the world.

Recent Stories

5 The Independent National Electoral Commission (INEC) on Thursday distributed sensitive materials to all 16 local government areas in Ekiti state ahead of the governorship election.

INEC distributes sensitive materials in Benue

The Independent National Electoral Commission (INEC) says it has distributed sensitive materials across the 23 Local Government Areas (LGAs) of Benue in readiness for Saturday’s poll.

Elections: SARS allegedly arrest scores in Kogi communities

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 Fans

AEK Athens handed suspended European competition ban

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.
National Bureau of Statistics NBS

NBS: N298 billion generated from VAT in Q4 2018

The National Bureau of Statistics said Nigeria generated N298.01 billion from Value Added Tax in the fourth quarter, 2018.
election inec nigeria

Elections: Security agencies urged to treat voters with utmost civility

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.