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The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NGX: Negative sentiments persist, indices down by 0.29%

Negative sentiments persisted on the Nigerian Exchange (NGX) on Tuesday, following profit-taking as Guinness dragged the All-Share Index lower by 0.29 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NGX: Stock market investors lose N81 billion to profit-taking

Trading on the Nigerian Exchange Limited (NGX), yesterday, closed the first trading session of the week on a negative note, as NSE-All-Share Index (ASI) declined by N81 billion or 0.40 per cent.
MURIC Director, Prof. Ishaq Akintola, said this in a statement on Monday in Lagos.

MURIC: Blame insecurity on bad losers, anarchists

The Muslim Rights Concern (MURIC), says Nigerians should blame anarchists and bad losers among politicians for the current wave of insecurity in Nigeria.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE resumes Easter holidays with N78 billion loss

The Nigerian stock market resumed after the Easter public holidays on Tuesday with a loss of 0.39 per cent due to persistent bearish trend.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE: Investors lose N118 billion on renewed profit taking

Investors on the Nigerian equities market yesterday lost N118 billion as the market reversed its previous session gains on renewed profit-taking.
The National President of the Association of Southeast Town Unions, ASETU, Emeka Diwe, on Sunday said that the Southeast region should come up with a neighborhood watch and Forest guard laws to stop the continued killings by killer herdsmen.

ASETU: We need neighborhood, forest guard laws in Igboland to end killings

The National President of the Association of Southeast Town Unions, ASETU, Emeka Diwe, on Sunday said that the Southeast region should come up with a neighborhood watch and Forest guard laws to stop the continued killings by killer herdsmen.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE’s indices drop further by 0.13 percent

Key indicators of the Nigerian Stock Exchange closed on Friday with a loss of 0.13 per cent, as turnover volume increased by 73.59 per cent.
Governor Seyi Makinde of Oyo State has announced the deployment of 200 officers of the Western Nigeria Security Network codenamed Amotekun to Ibarapa and Oke Ogun zones.

Oyo council poll: Process free, fair, credible – PDP

The Electoral Committee of the Peoples Democratic Party, which monitored the local government primaries in Oyo State, has declared that the process was free, fair and credible.
The Central Student Disciplinary Committee, CSDC, of the University of Ibadan, UI, has meted various punishments to 22 erring students of different departments.

Ex-VC: Why appointment of UI vice chancellors is always problematic

The immediate past Vice Chancellor (VC) of the University of Ibadan (UI), Professor Idowu Olayinka, said the UI VC selection process had always been marred with conflicts of interest that had made the process tough and competitive from time immemorial.
Newsmen report that the meeting is being presided over by President Muhammadu Buhari at the Council Chambers of the Presidential Villa, Abuja, on Wednesday.

President Buhari condemns violence over Gombe chieftaincy tussle

President Muhammadu Buhari has expressed “great shock and deep concern” over the eruption of violence on a chieftaincy tussle in Billiri town in Gombe State.

South-East, South-West and North will be biggest losers if Nigeria breaks up

The idea of having a near-perfect country out of a ruptured Nigeria is illusory. The composite parts of the country each contribute to the miasma of confusion that Nigeria is. No single entity is responsible for Nigeria’s problems. All the ethnic nationalities are equal shareholders in the failing of the Nigerian enterprise. There is enough blame to go around.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE opens week with 0.33% growth on Seplat, Lafarge Africa gains

Trading in the domestic equities market commenced the week on a positive note, growing by 0.33 per cent due to buying interests in Seplat, Lafarge Africa and Tier-1 banking stocks.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE closes week in red, down by 1.40%

The market indices of the Nigerian Stock Exchange (NSE) closed in red on Friday, dropping by 1.40 per cent due to Dangote Cement price drop.
Donald Trump has reportedly reverted to “self pity-mode” following his impeachment amid frustration that his Republican allies are failing to defend him.

Former Republican officials in talks to form ‘anti-Trump’ third party

Dozens of former Republican officials, who view the party as unwilling to stand up to former President Donald Trump and his attempts to undermine U.S. democracy, are in talks to form a center-right breakaway party, four people involved in the discussions told Reuters.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE’s capitalisation drops further by N112bn on profit taking

The local bourse sustained its negative run on Thursday recording the fourth consecutive loss, following profit taking in Dangote Cement, Zenith Bank and United Bank for Africa stocks.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Profit taking: NSE market indices drop further by 0.10 percent

Nigeria’s bourse on Wednesday sustained its bearish performance for the third consecutive trading day, with the market indicators dropping further by 0.10 per cent.
The Peoples Democratic Party (PDP) has observed that the dismissive statement by the Presidency that Nigerians should ‘wait on God’ for solutions to the insecurity in the country is a direct admission of failure by President Muhammadu Buhari.

Presidency explains why pigeons released by President Buhari refused to fly

Social media users read all kinds of meanings into the incident as you would expect; and 'pigeons' trended for most of that Friday as most couldn't miss an opportunity to poke fun at the presidency.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Trading rebounds on NSE, up N50 billion

Transactions on the Nigerian Stock Exchange (NSE) rebounded on Wednesday by N50 billion, halting two consecutive days bearish trend due to sustained bargain-hunting in insurance stocks.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE: Nigerian stocks maintain bullish trend for fifth straight day

Equities on the Nigerian Stock Exchange generally posted their fifth consecutive daily gains on Thursday as leading stocks including Seplat, Dangote Cement and MTNN propelled the N325 billion upward drift.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE extends gain, index rises further by 0.11 percent

Positive sentiments persisted on the Nigerian Stock Exchange on Wednesday with the All-Share Index extending growth by 0.11 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE opens week with 0.08 percent growth

Trading on the nation’s bourse resumed on Monday on a positive note, following investors’ interest in shares of Zenith Bank, International Breweries (IB) and Flourmill.
Governor Seyi Makinde

PDP group condemns attack on Oyo governor over foreign trip

The Oyo PDP-Visionaries, a group within the Oyo State chapter of the Peoples Democratic Party (PDP), has described the attack on Governor Seyi Makinde by some elements in the Oyo State chapter of the All Progressives Congress (APC) over the insecurity situation in the state as unpatriotic and uncharitable.

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The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police nab five for stealing N55 million cocoa export consignment

The Nigeria Police Force, NPF, has arrested five persons, Lawal Abiola; Afeez Rasaq; Akeem Gbolahan; Idowu Jelili and Safiriyu Oyebanji over alleged involvement in the stealing of a 40-foot container of Cocoa worth N55 million meant for export to the United States of America, USA.

JAMB scraps use of email for UTME, DE registration

The Joint Admissions and Matriculation Board (JAMB) has said the use of email is no longer required for the Unified Tertiary Matriculation Examination (UTME) and Direct Entry (DE) registration processes.
According to a report by the US Department of Justice (DOJ), Ifemembi, originally of Nigeria, was arrested in Maryland on Wednesday, April 7, 2020, on a federal charge that he obtained U.S. citizenship under a false name. It added that he made false statements to acquire U.S. citizenship, in addition to employment with USCIS.

Nigerian faces 10 years in jail for obtaining U.S. citizenship using fake identity

The United States authorities have charged 48-year old Modestus Nwagubwu Ifemembi to court over fraudulent claims he provided to obtain the US citizenship 10 years back.
The Registrar-General-Chief Executive, Corporate Affairs Commission (CAC), Alhaji Garba Abubakar, yesterday said all accredited customers must revalidate their accreditation with the commission before the end of March or have their accounts suspended.

CAC aims to register new company within three hours

The Corporate Affairs Commission (CAC) says it will be possible for companies in Nigeria to be registered within three hours, before the end of 2021.
Gombe state Governor, Muhammadu Inuwa Yahaya has declared that the challenging experience the state went through in the 2020 fiscal year will be used to sharpen the vision of the government for the 2021 fiscal year and beyond.

Ramadan: Gombe governor calls for fervent prayers against insecurity

Muslim communities have been called upon to use the holy month of Ramadan to pray fervently against the challenges of insecurity as well as for unity and progress of the state and the nation as a whole.

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UEFA confirms spectators at Euro 2020

The UEFA has announced the return of spectators during Euro 2020 but four cities, including Rome, must still provide ‘additional information on their plans’.
The police command in Ekiti on Friday confirmed the killing of a police officer as gunmen allegedly abducted a Chinese expatriate in Ado Ekiti, the Ekiti State capital.

Gunmen attack another Imo police station, kidnap one, injure others

Fear continues to pervade the atmosphere in Imo State as gunmen in the early hours of Thursday attacked the Mbieri Divisional Police Headquarters situated in the Mbaitoli Local Government Area of the state.
Bayern Munich aim to put their European heartbreak behind them when they host Union Berlin at the Allianz Arena on Saturday for a Bundesliga clash.

Union Berlin brace for Bayern backlash after PSG defeat

Union Berlin are steeling themselves for a challenging trip to Bayern Munich in the Bundesliga on Saturday as the European champions look to shake off their midweek defeat by Paris Saint-Germain.

Nigerian national Owolabi Abdul extradited from Germany to US to face trial

Yusuf Owolabi Abdul, a Nigerian resident in Canada, extradited from Germany to the United States, will be presented on Monday in New York before Magistrate Judge Ona T. Wang.
Deputy Speaker of the House of Representatives, Rt. Hon. Ahmed Idris Wase, has congratulated Vice President, Professor Yemi Osinbajo on his 64th birthday on Monday.

Nigerian government targets 25 million residents with solar home system

Vice President Yemi Osinbajo on Thursday launched an ambitious programme by the Federal to supply electricity to 25 million Nigerians through Solar Home System, SMS.