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Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emiefele, has reiterated the apex bank’s commitment to reviving the oil palm sector with a view to stopping importation of the commodity.
The bulls continued to dominate activities on the Nigerian Stock Exchange (NSE) with the All-Share Index rising above the set five per cent threshold to trigger circuit breaker.
The market indicators of the Nigerian Stock Exchange (NSE) resumed transactions for the week on Monday with a marginal growth of 0.01 per cent, amid cautious trading.
The Nigerian Stock Exchange (NSE) has announced the upgrade of its whistleblowing platform, X-Whistle.
The nation’s bourse maintained a bullish mood on Tuesday with the key performance indices increasing further by 1.09 per cent on gains by some blue chips.
The Edo State Governor, Mr. Godwin Obaseki has said the state government will be collaborating with PRESCO Plc on the development of high yielding oil palm seeds as part of the Edo State Oil Palm Programme (ESOPP), an initiative by the governor to revive the sector for global competitiveness.
Buoyed by gains in the shares of Nestle, Dangote Sugar and GT Bank, Nigeria’s stock market started the trading week on a positive note as the All Share Index (ASI) climbed up by 0.16 per cent to settle at 27,035.78 points.
A private company, Presco Plc, says it is working with the Federal Government to establish a one million hectare Oil Palm Youth Programme in the country.
A concerted effort to end oil palm importation and locally grow the crop on a large-scale basis has kicked off, with the Central Bank of Nigeria (CBN) allocating an initial N30 billion for the project, which it said is already being disbursed to beneficiary farmers in identified states.
Investors at the Nigerian Stock Exchange (NSE) on Wednesday traded a total of 131.43 million shares valued at N1.40 billion exchanged in 2,786 deals, the News Agency of Nigeria (NAN) reports.
Trading resumed on the nation’s bourse on Tuesday still on a negative trend, declining marginally by 0.01 per cent in a cautious trading.
Dangote Flour led other equities in February on the Nigerian Stock Exchange (NSE) to emerge as the best performing stock, in percentage terms, with 81.66 per cent growth.
Investors’ net worth on the Nigerian Stock Exchange dropped by N581bn in November, amid ‘sell pressure’ ahead of the 2019 general elections and Yuletide celebrations.
Activities on the Nigerian Stock Exchange closed northward on Thursday with the market indicators appreciating further by 0.37 per cent.
Analysts at Afrinvest Limited stated that “we anticipate a rebound in today’s trading, as we saw significant buy interest in banking stocks yesterday, which we expect to be sustained throughout this week.”
The Market indices of the Nigerian Stock Exchange (NSE) dropped marginally on Tuesday by 0.08 per cent, reversing the previous day’s gain.
Activities on the Nigerian Stock Exchange (NSE) improved on Tuesday with the market indicators appreciating marginally due to price gains by some blue chips.
The market capitalisation of the Nigerian Stock Exchange (NSE) appreciated on Thursday by N128 billion following the listing of Notore Chemical Industries Plc shares.
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The spokesperson of the airline, Stanley Olisa, who disclosed this, stated that the Lagos-Accra flight will depart daily at 07:00hrs while the Accra-Lagos flight will depart at 07:40hrs.
Governor Babagana Zulum of Borno has called on the federal government to seek external support from neighbouring countries, in order to end insurgencies in Nigeria.
The National Institute of Horticultural Research (NIHORT), Ibadan, Oyo State, has commenced a 2-day training for unemployed youths and women, on value addition for tomato farmers.
The Police Service Commission has reiterated that no part of Nigeria has been deliberately shortchanged in the promotion of officers of the Nigeria Police Force.
Prof Ibiyinka Fuwape of Physics Department, Federal University of Technology, Akure (FUTA) has emerged one of the winners of African Union Kwame Nkrumah Regional Award for Scientific Excellence, AUKNASE 2020.
The Speaker of the House of Representatives, Femi Gbajabiamila, on Friday harped on the need for unity among the arms of government to rebuild Lagos.
The Presidential Task Force (PTF) on COVID-19 has said that Nigerians under the age of 18 years will not receive the COVID-19 vaccines in the country.
Parents of the abducted students of Government Science College, Kagara, Niger, have commended the State Government for securing the release of the students and other victims.
Kyle Bartley’s early header was the difference in an eventful clash at The Hawthorns, where the visitors missed two penalties and also had a goal disallowed.
The Kaduna State Independent Electoral Commission (KADSIECOM) has postponed the local government elections earlier scheduled for May 15, 2021.