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Nigerian Stock Exchange
The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a loss of N162 billion in a day.
Nigerian stocks closed the first half down with average loss of 8.80 per cent, equivalent to net capital depreciation of N1.14 trillion as investors struggled with a threesome of domestic macroeconomic uncertainties, global decline in crude oil price and trade wars and the ravaging COVID-19 pandemic.
Transactions rebounded on the Nigerian Stock Exchange (NSE) on Friday with the market capitalisation increasing by N107 billion, after days of bearish trend.
Aigboje Aig-Imoukhuede, in collaboration with the Private Sector Health Alliance of Nigeria (PSHAN) have unveiled a new initiative geared towards significantly improving Nigeria’s healthcare system at the grassroots level.
The Nigerian Stock Exchange (NSE) reopened trading on Wednesday after the public holidays to mark the Eid-el-Fitr celebration with a marginal growth of 0.07 per cent.
Sentiments remained positive on the Nigerian Stock Exchange (NSE) on Wednesday, with the market capitalisation growing by N130 billion due to gains by Dangote Cement.
The Nigerian Stock Exchange (NSE) resumed trading for the week on Monday on a positive trend, with the market capitalisation rising by N37 billion.
The Nigerian Stock Exchange (NSE) on Friday recorded first week loss with the market indicators dropping 1.27 per cent due to profit taking.
The company said this in a statement by Mrs Folashade Ambrose-Medebem, Director, Communications, Public Affairs and Sustainable Development, posted on the Nigerian Stock Exchange (NSE) website.
Access Bank on Monday confirmed media reports about suspension of operations in some of its branches across the country, although it gave security concerns and regulatory directives by the Central Bank of Nigeria (CBN) for the action.
The bank in a statement signed by the Company Secretary, Mr Sunday Ekwochi, obtained from the Nigerian Stock Exchange website described the news as malicious and a distraction from the genuine and compassionate plan to protect its workers and help keep jobs in the unfolding macroeconomic environment.
The Nigerian Stock Exchange (NSE) resumed trading for the month of May with an increase of 0.30 per cent just as the country eases lockdown.
The Nigerian Stock Exchange (NSE) market capitalisation on Thursday closed the last day of April with N80 billion gain, following sustained demand for blue chips.
Zenith Bank Plc said it recorded gross earnings of N166.8 billion for the first quarter ended March 31st 2020 (Q1’2020), representing six percent increase from N158.1 billion in the corresponding quarter of 2019 (Q1’2019).
The President of the Senate, Senator Ahmad Lawan, is presently at a meeting with the Minister of Labour and Productivity, Senator Chris Ngige, and his Minister of State, Festus Keyamo.
President Muhammadu Buhari has suspended the acting chairman of the Economic and Financial Crimes Commission, Ibrahim Magu.
Napoli are, according to the Telegraph, preparing to sell Kalidou Koulibaly to the Premier League this summer, hoping to make back the possible money spent on Lille forward, Victor Osimhen.
About seven cows belonging to a Fulani herder, Alhaji Abdullahi, in Elepo Village, Ifon, Osun State were in the early hours of Tuesday struck dead by thunderstorm.
South Sudan’s central bank said it cut its benchmark interest rate to 10% from 13%, as part of efforts to mitigate the effects of the coronavirus outbreak on the economy.
Malawi’s new President Lazarus Chakwera pledged to clamp down on corruption on Monday, as he delivered his inauguration speech in a scaled-down ceremony dampened by a surge in COVID-19 cases.
Gianluigi Buffon set a new Serie A appearances record on Saturday as the 42-year-old goalkeeper played his 648th Italian top-flight match in Juventus’ game against Torino.
Alhaji Muhuyi Rimin-Gado, the Chairman, Kano State Public Complaints and Anti- Corruption Commission, has urged the Federal Government to checkmate fraud in rice production policy.
A-49-member Governor Abdullahi Umar Ganduje led high-level National Campaign Council of the All Progressives Congress (APC) for the September 19 Edo State Governorship Election will be inaugurated today.
The retirement of two-time Olympic champion Lin Dan signals the end of a golden era of Chinese sporting superstars, state media said on Tuesday.