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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.
Nigerian Stock Exchange closed southward on Tuesday for the second consecutive day, with market capitalisation shedding N279 billion.
The Nigerian equities market maintain a positive stance, on Tuesday, as the local bourse inched up by 0.70 per cent.
Two persons were feared killed while one was injured as bank robbers attacked a bullion van at Bolorunduro area in Ondo East council area of Ondo state.
Ondo State Governor Rotimi Akeredolu has commiserated with the General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adejare Adeboye, over the death of his son, Pastor Dare Adeboye.
Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele on Thursday vowed to resist importation of maize as Nigerians have the capacity and capability to grow the crop locally to meet consumption demand.
Nigeria’s Vice President, Prof. Yemi Osinbanjo, on Thursday, insisted that the unity of the country should not be compromised in anyway.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, has assured Nigerians that the Port Harcourt Refinery Complex (PHRC) will roar back to life on or before April 5, 2023 when repairs would have been completed.
The police in Enugu State said they have gunned down one armed robbery suspect, arrested two and recovered firearms and ammunition in operations carried out within seven days in the state.
At least four people were shot and wounded in Chad's southern Mandoul region on Saturday when security forces fired upon a crowd demonstrating against last month's military takeover, witnesses and hospital sources said.
An appeals court in California has ruled that Amazon can be held liable for products sold through its marketplace by a third-party seller, the Los Angeles Times reported
The Ebonyi chapter of the Nigeria Labour Congress (NLC) has warned against any attempt by leaders to politicise the country’s increasing security challenges.
AUPCTRE: Nigerian government’s disregard to implement agreements responsible for ASUP, PASAN, JUSUN strike
The Amalgamated Union of Public Corporations, Civil Service Technical and Recreational Services Employees, AUPCTRE, has accused the Federal Government of being responsible for the strike embarked upon by the Academic Staff Union of Polytechnics, ASUP, the Judiciary Staff Union of Nigeria, JUSUN and the Parliamentary Staff Association of Nigeria, PASAN.