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Trading at stock market was bearish yesterday as losses by 20 equities dragged the Nigerian Stock Exchange (NSE) All-Share Index by 0.21 per cent to close lower at 30, 609.06. Similarly, market capitalisation shed N26.5 billion to be at N11.18 trillion.
Investors’ in the Nigerian stock market recorded a N50bn increase in their wealth on Wednesday as the market extended its bullish run into the second consecutive day after the rebound on Tuesday.
The equities market rebounded yesterday after opening the week on the bearish note on Monday due to bargain hunting in banking stocks.
The Nigeria’s equities market fell further Wednesday as the bears tightened their hold after regaining control Tuesday. Consequently, the Nigerian Stock Exchange (NSE) All-Share Index depreciated by 0.45 per cent to close at 37,253.25, driving down the year-to-date decline to 2.59 per cent.
The Ekiti State Police Command has arrested four persons for alleged cultism and murder.
The Centre for Democracy and Development has cautioned the Inspector General of Police, Mohammed Adamu, against re-deployment of state Commissioners of Police few days to election.
The Chairman, Presidential Advisory Council Against Corruption, Prof. Itse Sagay (SAN), has listed instances in which a law enforcement officer is allowed to gun down a ballot box snatcher.
Vice President Yemi Osinbajo on Thursday urged Nigerians not to be discouraged by the earlier postponement of the Presidential and National Assembly elections.
The All Progressives Congress (APC) in Rivers State has warned that the February 23 National Assembly elections might be repeated in the state if the Independent National Electoral Commission (INEC) fails to relist its candidates on the ballot.
Stakeholders of the People’s Democratic Party (PDP) in Abak Federal Constituency have alerted security operatives on alleged illegal arms depot in Akwa Ibom State.
The Ogun State Police command has arrested a woman for allegedly defrauding a Christian faith-based organisation to the sum of N100m.
Cristiano Ronaldo has been dropped as the face of EA Sports’ FIFA 19 game.
Egypt on Saturday detained two foreigners for drug smuggling after they flew into Cairo international airport carrying a large quantity of cocaine, official sources told AFP.
The United States Embassy in Nigeria in a statement on Sunday said it fully supports the joint statement by the heads of the ECOWAS and other international election observation missions on the postponement of the February 16 and March 2 general elections.