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The Nigerian Stock Exchange (NSE) All-Share Index hit a 52-week low yesterday, falling by 1.53 per cent to close at 29,162.24, while market capitalisation shed N170 billion to close at N10.953 trillion.
The Rice Processors Association of Nigeria (RIPAN) has raised an alarm that over one million metric tons of rice have been smuggled into Nigeria in the last three months.
The Central Bank of Nigeria has said the country attracted $6 billion foreign investments in the first three months of the year.
President Muhammadu Buhari has reiterated the Federal Government’s commitment to economic recovery and growth plan across the country.
The Nigerian equities market witnessed further decline yesterday as investors appeared to be ignoring the 2018 financial results of companies.
Investors at the Nigerian Stock Exchange (NSE) on Wednesday traded a total of 131.43 million shares valued at N1.40 billion exchanged in 2,786 deals, the News Agency of Nigeria (NAN) reports.
Two financial experts, Samuel Nzekwe and Titus Okurounmu, on Wednesday commended the Central Bank for reducing the benchmark lending rate from 14 per cent to 13.5 per cent.
Some experts have advised private sector operators to design industry specific training to bridge skills gap to enhance the nation’s socio-economic development.
The dollar witnessed a slight boost on Monday, hovering close to a near three-month high as investors continued to favour the greenback amid global growth concerns.
Trading on the Nigerian Stock Exchange (NSE) on Thursday continued to react negatively to the outcome of the presidential election with the market capitalisation losing N196 billion to close below N12 trillion mark in February.
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 Nigerian Stock Exchange (NSE) market indices shed 0.21 per cent due to loses in some blue chips.
The Men’s senior National Basketball Team will tonight leave for China for the final phase of their 2019 FIBA World Cup preparations.
President Muhammadu Buhari on Tuesday told incoming ministers that all requests for meetings with him should pass through his chief of staff, Abba Kyari.
The Chief of Army Staff, Lt.-Gen. Tukur Buratai, has expressed the readiness of Nigerian Army to enhance local capacity in providing logistics for its operations.
A Federal High Court in Lagos has declined to order the release of SaharaReporters publisher, Omoyele Sowore, and other persons in connection with the August 5, #RevolutionNow protest.
The Controller of the Nasarawa State Command of the Nigeria Correctional Service, Emmanuel Okoro, on Thursday refuted reports by a section of the media which claimed there was a jail break at the Keffi Old Prison.
Nelson Enwerem, the current Mr Nigeria, representing the country at the ongoing Mr World in the Philippines, says he will not disappoint his nation with support from citizens.
The Director General of the National Youths Service Scheme, NYSC, Brigadier- General S. Ibrahim, on Tuesday in katsina ordered State Coordinators, nationwide to strictly enforce relevant extant rules that regulates the movement of corps members both on inter and intrastate and local government boundaries, as part of measures to stem rising cases of deaths through road accidents and exposure to banditry and other violent attacks.
Officials of the Saudi Arabia airline, Flynas, on Thursday stormed the Makkan Lagos pilgrims house to pick their luggage ahead of tomorrow (Saturday’s) flight to Lagos.
Irked with the alleged unruly behaviour of the leader of the Islamic Movement in Nigeria, IMN, Sheikh Ibrahim El-Zakzaky, the Indian authorities, Friday flew El-Zakzaky and his wife Zeenat back to Nigeria.