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NSE: Zenith Bank tops value-traded stocks as investors gain N1.1 trillion YTD

Activity chart of the Nigerian Stock Exchange (NSE) for the last trading session of the month, Friday January 29, showed Zenith Bank atop Most-Traded stocks with a total value of N1.2 trillion and transaction volume of 44,956,083 shares.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigeria’s stock market closes for Christmas with N2 billion loss

Nigerian Stock Exchange (NSE) on Thursday reversed its uptrend, dropping by N2 billion ahead of the Christmas celebration.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stock market extends rally to six trading sessions

The banking sector inspired the All-Share Index to gain 105.48 absolute points, representing a 0.30% growth to close at 35,147.62 points, Market Capitalization appreciated by N55.17 billion, representing a growth of 0.30% to close at N18.364 trillion.
Apple’s unannounced high-end over-ear headphones will reportedly come with interchangeable parts.

Apple crosses $2 trillion market cap as world’s most valuable company

Just two years after becoming the first U.S. company to reach a $1 trillion market capitalization, Apple has officially doubled its value to $2 trillion. The remarkable feat means it’s tied with a non-tech firm for bragging rights as the world’s most valuable company — for now.
Apple’s stock hit a record high on Friday after reporting blockbuster quarterly results, helping the iPhone maker briefly overtake Saudi Aramco to become the world’s most valuable publicly listed company.

Apple overtakes Saudi Aramco as world’s most valuable public company

Apple’s stock hit a record high on Friday after reporting blockbuster quarterly results, helping the iPhone maker briefly overtake Saudi Aramco to become the world’s most valuable publicly listed company.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Investors gain N73.07 billion as equities market adds 0.58% WoW

Despite weak sentiments, the Nigerian equities market closed positive last week as All Share Index (ASI) gain 0.58 per cent. Thus local bourse recorded its largest weekly gain in seven weeks.
Nvidia has overtaken Intel for the first time as the most valuable U.S. chipmaker.

Nvidia overtakes Intel as most valuable U.S. chipmaker

Nvidia’s stock has been among Wall Street’s strongest performers in recent years as it expanded from its core personal computer chip business into datacenters, automobiles and artificial intelligence. Intel, which for decades has dominated in processors for PCs and servers, has struggled to diversify its business after making critical stumbles in the smartphone revolution.
Florence Otedola, popularly called DJ Cuppy, the daughter of billionaire Femi Otedola, rung the opening bell at the New York Stock Exchange (NYSE) on Tuesday.

DJ Cuppy rings opening bell at New York Stock Exchange

Florence Otedola, popularly called DJ Cuppy, the daughter of billionaire Femi Otedola, rung the opening bell at the New York Stock Exchange (NYSE) on Tuesday.
Nigerian Stock Exchange NSE

Stock prices rise to two-month high

Following the inauguration and allocation of portfolios to federal cabinet members by President Muhammadu Buhari, the Nigerian Stock Exchange, NSE, yesterday, recorded its highest rally in two months. The benchmark index, All-Share Index, went up by 1.01 percent.
Boeing 737 Max Airliners

737 MAX disaster pushes Boeing into crisis mode

After a second air disaster involving the 737 MAX 8, aviation giant Boeing swung into crisis mode, losing $25 billion of market capitalization and suffering a severe hit to its reputation.
SAHCO

NSE lists 406.07 million SAHCO shares

Skyway Aviation Handling Company Plc (SAHCO), yesterday joined the league of quoted companies as the Nigerian Stock Exchange (NSE) admitted its 406.074million ordinary shares of 50 kobo each at N4.65, raising its market capitalization, at listing, to N6.29 billion.

CBN tasks fiscal authorities on sustained budget implementation

The apex bank, in a communiqué after the monetary policy committee meeting for September, said the essence of the precautionary mechanism is to relieve the supply side growth constraints, as well as address the flooding problem which has become perennial, on a permanent basis.

Capital market indices drop further by 0.25 percent

Key indicators of the performance of the Nigerian Stock Exchange declined for the third consecutive day, dropping by 0.25 per cent on Wednesday as profit taking persisted.

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The allegation of marginalisation against Governor Udom Emmanuel by the Oro Think Tank is unfair and has no basis in objectivity, the Akwa Ibom State branch of the Civil Liberties Organisation, CLO, has declared.

Akwa Ibom wins CIRDDOC 2020 best budget transparency award

In a move that gives credence and endorsement of the commitment of the Udom Emmanuel led administration in ensuring openness, transparency and accountability in budgeting and governance, the Akwa Ibom State Government has been ranked one of the best performing states in the 2020 sub-National Budget Transparency Survey.
The Special Adviser to Governor Sanwo-Olu on Education, Barrister Tokunbo Wahab, inaugurated the board.

Lagos inaugurates six-man governing board for alternative high school for girls

Lagos State Government has inaugurated a six-member Governing Board for Alternative High School for Girls In Aboju area of the state.
FILE PHOTO - A view of the Natanz uranium enrichment facility 250 km (155 miles) south of the Iranian capital Tehran, March 30, 2005. REUTERS-Raheb Homavandi

Iran says 60% enrichment meant to show nuclear prowess, is reversible

Iran began enriching uranium to 60% purity in order to show its technical capacity after a sabotage attack at a nuclear plant, and the move is quickly reversible if the United States lifts sanctions, the Iranian government said on Tuesday.

NAPTIP calls for effective counter-trafficking policies, ideas to tackle human trafficking

The Director General of the National Agency for the Prohibition of Trafficking in Persons (NAPTIP), Imaan Sulaiman Ibrahim, has called for effective counter - Trafficking policies and ideas to tackle the manace of human trafficking.

2023: Kingsley Moghalu urges young people to join politics

A former Deputy Governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu, has asked young people in Nigeria to actively participate in politics and help reshape the future of the country.

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2. Dapo Abiodun of Ogun has become the first governor to receive a dose of coronavirus vaccine publicly.

NIDS: Vaccination most effective to combat coronavirus

The Nigeria Infectious Diseases Society (NIDS) has described vaccination as a most effective way to prevent infectious diseases like COVID-19.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN: Nigeria to halt foreign currency for sugar, wheat imports

Nigeria will no longer provide foreign currency for importers of sugar and wheat, the central bank said on Twitter on Friday, as the country tries to conserve national dollar reserves.
YouTube has suspended popular Christian television channel, Emmanuel TV, owned by Pastor TB Joshua of The Synagogue, Church Of All Nations.

TB Joshua’s Emmanuel TV channel suspended on YouTube

YouTube has suspended popular Christian television channel, Emmanuel TV, owned by Pastor TB Joshua of The Synagogue, Church Of All Nations.
Nigeria Governors Forum (NGF)

NGF: N60 billion printed money for FAAC doesn’t require our comment

As controversy over the alleged printing of N60 billion to share at the Federation Account Allocation Committee, FAAC, continues, the Nigeria Governors Forum, NGF, Monday, said that its silence on the matter was deliberate.
Super Eagles captain Ahmed Musa has formally signed a short-term deal with four-time Nigeria Professional Football League Champions Kano Pillars.

Ahmed Musa’s Pillars move won’t change league title race – Jude Steven

Kwara United attacking midfielder Jude Steven has stated that the capture of Ahmed Musa by NPFL side Kano Pillars will not change the pendulum of the league title push.