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The Nigerian equities market opened the week on a bullish note as investors continued to react positively to nine month corporate earnings being released by companies.
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 Nigerian equities market yesterday maintained negative sentiment as the Nigerian Stock Exchange (NSE) All – Share – Index (ASI) further lost 0.30 per cent. NSE-ASI shed 108.44 absolute points, representing a decline of 0.30 per cent to close at 36,346.80 points.
The Nigerian Stock Exchange (NSE) has suspended trading in the shares of seven insurance companies and RT Briscoe for not submitting their 2017 audited accounts and statements.
Many penny stocks posted price depreciation on the Nigerian Stock Exchange (NSE) for the month of February, with Consolidated Hallmark emerging the worst performing stock in percentage terms.
The Debt Management Office says the Federal Government is to auction by subscription bonds worth N70 billion on December 19.
Borussia Dortmund is hoping to avoid ex-coach Jurgen Klopp and Liverpool when the last 16 of the Champions League is drawn on Monday.
CIA Director Gina Haspel is set to give a classified briefing to leaders of the US House of Representatives on Wednesday on the what the intelligence agency knows about the murder of Saudi writer Jamal Khashoggi.
Gboribiogha Jonah, the Bayelsa State Deputy Governor, has disclosed that the state government recorded a balance surplus of N18.564billion as at October 31, 2018.
The academic staff of the Lagos State Polytechnic, Ikorodu, have defiled the ongoing nationwide strike declared by the Academic Staff Union of Polytechnic on Wednesday.
They said it would never sell, with its six-minute playing time, operatic passages and lyrics about Galileo and Scaramouche, but the Queen song “Bohemian Rhapsody” on Monday became the most streamed song from the 20th century.
The Joint Admissions and Matriculation Board (JAMB) has confirmed it will commence registration for the 2019/ 2020 Unified Tertiary Matriculation Examination (UTME) in January.
President Muhammadu Buhari will on Friday preside over a Special Federal Executive Council (FEC) meeting to deliberate solely on 2019 draft budget proposal.
Seventeen people have been killed in two attacks by the ADF militant group in the troubled Benin region of eastern DR Congo, a local mayor said Friday.
Lagos Inland Revenue Service (LIRS) director Shade Coker says contrary to widely-spread belief, there are no cases of multiple taxation in Nigeria