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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.
Positive sentiments persisted on the Nigerian Stock Exchange on Wednesday with the All-Share Index extending growth by 0.11 per cent.
Dangote Cement, Nigeria’s biggest company by market capitalisation, has announced the completion of the first tranche of its share buyback programme.
The equities market began 2021 on positive note yesterday as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose 2.18 per cent to close at 41,147.39, while market capitalisation added N458.4 billion to be at N21.5 trillion.
The Nigerian Stock Exchange (NSE) resumed trading in 2021 on a bullish trend with the All-Share Index surpassing the 41,000 mark, as investors continued to position ahead of full-year results and dividend declaration.
The Nigerian Stock Exchange (NSE) gained N334 billion on Monday due to buying interest in Dangote Cement and 22 other stocks.
The continued flow of funds into the stock market on the back of investors’ continued search for attractive returns pushed the market capitalisation from N17.092 trillion to N19.236 trillion, while the Nigerian Stock Exchange (NSE) All-Share Index (ASI), rose from 34,250.74 to 36,804.75 or 7.46 per cent, which are new highs.
The equities market shed N463.7 billion last week as the bullish streak was halted by persistent profit taking. Following the unprecedented growth recorded in the month of November, many investors have been locking in profits. Despite the pockets of profit taking, the market had maintained a positive weekly performance.
Nigerian stock market closed on a negative note for the fourth straight session on Thursday with the market capitalisation losing N232 billion.
The stock market posted positive performance last week despite profit taking by some investors, as it sustained the growth recorded in the previous week.
The Securities and Exchange Commission (SEC) says it has intensified efforts to attract more retail investors into the nation’s capital market.
The Nigeria stock market on Tuesday sustained bullish sentiment to open the month of December with N55 billion growth due to buying interests in Tier 1 banks.
Ozil was not registered in Arsenal's Premier League and Europa League squads this season and has been free to talk to other clubs since the beginning of January with his Gunners deal expiring in the summer.
A cross-section of Enugu parents, on Saturday, advocated two shifts for academic activities in primary and secondary schools, reduce overcrowding and thus wide-scale transmission of COVID-19 within schools.
Gombe State Governor, Muhammadu Inuwa Yahaya has assured that payment of the N30,000 minimum wage will be resumed this January having been suspended due to the negative effect of the covid-19 pandemic.
Months after it was announced that the Nigerian Television Authority and Wale Adenuga Productions had embarked on a ground-breaking partnership to revive the iconic TV drama series, ‘The Village Headmaster’, it was recently announced that the recording stage of the first season had been successfully-concluded, and the promotional trailer had started airing across Nigeria.
Uganda’s Yoweri Museveni looked headed for a sixth term as president with election results Saturday placing him firmly ahead of his main rival, who has cried fraud and whose home has been put under heavy guard.
The 33-year-old is currently self-isolating at home and said to be in good health, is hoping to be able to arrive in Australia at a later date and still participate in the AustraliaOpen which begins on February 8.
76 persons died in 615 fire incidents recorded in Kaduna State in 2020, the Director of the State Fire Service, Paul Aboi, has said.
Mr Yusuf Abdullahi, the Bauchi state Sector Commander of the Federal Road Safety Corps (FRSC), has said that 21 out of the 22 passengers involved in a road accident in Bauchi have died.
Former President, Chief Olusegun Obasanjo, has lamented that the nation’s ranks of dedicated and resourceful patriotic leaders have been depleted by the dreaded Covid-19 pandemic.
Austin Atakpu, the Managing Director, TCS Paymeters Ltd., manufacturers of prepaid meters, says metering of houses in the country is a gradual process and not automatic.