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Market Sentiment

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’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

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 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.
British stocks ended lower on Wednesday, reversing early gains as fears over a fast-spreading new strain of the coronavirus led to most of the country being placed under tighter restrictions, even as Britain approved AstraZeneca’s COVID-19 vaccine.

UK stocks sink as government widens strict coronavirus lockdowns

British stocks ended lower on Wednesday, reversing early gains as fears over a fast-spreading new strain of the coronavirus led to most of the country being placed under tighter restrictions, even as Britain approved AstraZeneca’s COVID-19 vaccine.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nestle, Dangote top losers as Nigerian stocks lose N279 billion

Nigerian Stock Exchange closed southward on Tuesday for the second consecutive day, with market capitalisation shedding N279 billion.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stock market sustains bullish trend with N324 billion gain

The local bourse on Wednesday sustained a positive trajectory as investors continued to leverage undervalued stocks to increase capital gains.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market capitalisation gains N107 billion Thursday

The bulls continued to dominate trading on the nation’s bourse with the market capitalisation appreciating further by N107 billion on Thursday, amid gains by blue chips.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE resumes September trading with N46 billion growth

The Nigerian Stock Exchange on Tuesday sustained positive trend to open trading for the month of September with a growth of N46bn.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE: Market indices close upbeat with 1.24 per cent growth

The Nigerian Stock Exchange (NSE) rebounded on Tuesday with a growth of 1.24 per cent, after a loss of over N200 billion in the preceding trading session.
Organisation of Petroleum Exporting Countries (OPEC) | Reuters

Oil price stabilises over supply cut by OPEC

Oil prices rose by one per cent yesterday as traders expected top exporter Saudi Arabia to push the Organization of Petroleum Exporting Countries (OPEC) to cut supply toward year-end.

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In acknowledgment of his stand and support for the Christian faith and exemplary service to humanity, the Pentecostal Fellowship of Nigeria, PFN, has conferred a special award of the Defender of Faith on Vice President Yemi Osinbajo.

PFN confers ‘Defender of Faith’ award on VP Osinbajo

In acknowledgment of his stand and support for the Christian faith and exemplary service to humanity, the Pentecostal Fellowship of Nigeria, PFN, has conferred a special award of the Defender of Faith on Vice President Yemi Osinbajo.
Nigeria's Diezani Alison-Madueke, Minister of Petroleum Resources and Alternate President of the OPEC

Court adjourns Diezani Alison-Madueke’s fraud case

The Federal High Court in Abuja yesterday adjourned the corruption case involving a former Minister of Petroleum Resources, Diezani Alison-Madueke, who is believed to be in the United Kingdom.
Manchester United manager Ole Gunnar Solskjaer wants his players to shun talks about them gunning for the title this season.

Manchester United boss not ready to release players for Internationals

Manchester United manager Ole Gunnar Solskjaer said it “doesn’t make sense” for his players to travel for international duty later this month if they have to quarantine on their return and miss games as a result.
Wilfred Ndidi and Kelechi Iheanacho were on parade in Leicester City’s 1-0 loss against Norwich City in Friday’s Premier League game.

Leicester boss explains Kelechi Iheanacho substitution in draw vs Burnley

Leicester City forward Kelechi Iheanacho may have produced “fabulous technique” for his goal but it was not enough to keep him on the pitch for 90 minutes in the 1-1 away draw against Burnley on Wednesday night.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Senate accuses NNPC of payment of N443 billion as subsidy without appropriation

The Senate Committee on Public Accounts has uncovered how the Nigerian National Petroleum Corporation (NNPC) paid N443 billion without appropriation.

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Chelsea’s new manager, Thomas Tuchel, has revealed why he fell out with the former club, Paris Saint-Germain over players’ transfers.

Thomas Tuchel makes Premier League history in Chelsea vs Manchester United draw

Chelsea and Manchester United settled for a goalless draw in an encounter at Stamford Bridge that saw goal opportunities come at a premium.
A former Minister of Petroleum, Otuekong Don Etiebet, has thrown his endorsement behind plans by Akwa Ibom State Governor, Mr Udom Emmanuel, to build an international worship centre for God in the state. This comes amidst criticism that has trained the project by critics of the government in the state.

Former minister endorses Akwa Ibom government’s International worship centre

A former Minister of Petroleum, Otuekong Don Etiebet, has thrown his endorsement behind plans by Akwa Ibom State Governor, Mr Udom Emmanuel. to build an international worship centre for God in the state. This comes amidst criticism that has trained the project by critics of the government in the state.
The Director General, National Information Technology Development Agency, (NITDA), Mallam Kasifu Inuwa Abdullahi, says with the introduction of electric vehicles in the country, the nation is definitely advancing towards a vibrant economy.

NITDA empowers people living with disabilities with ICT training

The National Information Technology Development Agency (NITDA), has commenced a 5-day training program with People Living with Disabilities (PLWD’s) to facilitate innovative, technology-driven economic growth, through the use of ICT.
FILE PHOTO: A still image taken from video footage shows Russian opposition leader Alexei Navalny, who is accused of flouting the terms of a suspended sentence for embezzlement, inside a defendant dock during the announcement of a court verdict in Moscow, Russia February 2, 2021. Press service of Simonovsky District Court/Handout via REUTERS

Alexei Navalny emerges in jail in Russia’s Vladimir region, meets lawyers

Kremlin critic Alexei Navalny is sharing a quarantine cell in central Russia, allies said on Wednesday, revealing his location for the first time since he was moved from jail in Moscow last week to serve a 2-1/2 year sentence in a penal colony.

IPMAN advises Nigerian to stop panic buying of petrol

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised Nigerians to stop panic buying and stocking of Premium Motor Spirit, popularly known as petrol.