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Nigerian Stock Exchange
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).
Union Bank of Nigeria Plc on Wednesday announced gross earnings of N42.6 billion in its unaudited financial statements for the first quarter ended March 31, 2020.
Dr Sani Aliyu, the Coordinator, Presidential Task Force (PTF) on COVID-19, has said that positive cases of the Coronavirus (COVID-19) gradually coming down as the daily results now revolves around 400.
Liverpool have completed the signing of Olympiakos defender Konstantinos Tsimikas.
The National Union of Petroleum and Natural Gas Workers has suspended its strike in Lagos State.
The All Progressives Congress (APC) Anambra chapter, has pleaded with Gov. Willie Obiano of Anambra to reinstate Traditional Ruler Peter Uyanwa of Ukwulu community of Dunukofia Council Area of the state, suspended late July.
President Nayib Bukele on Monday announced that El Salvador will give immunity passports to people who have recovered from COVID-19.
Chelsea manager Frank Lampard described the rebuild of his team as a work in progress after they crashed out of the Champions League last-16 following a 7-1 aggregate defeat by Germany’s Bayern Munich.
An Ikeja Chief Magistrates’ Court, on Thursday, ordered that a 29-year-old man, Razak Akinyemi, who was accused of defiling a 13-year-old girl, be remanded in a correctional centre.
Oil prices slid on Tuesday amid concerns that a nascent recovery in fuel demand could stall as a fresh wave of COVID-19 infections around the world sparks tighter lockdowns.
The Southern Kaduna Peoples Union has said that contrary to the claim by the police, 33 persons were on Wednesday and Thursday killed by Fulani militia in some villages in Zango Kataf Local Government Area of Kaduna State.
Miss Erochukwu Nwodo, former Miss Plateau, has pledged to showcase the rich cultural heritage of Northern Nigeria through pageantry.