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Equities on the Nigerian Stock Exchange generally posted their fifth consecutive daily gains on Thursday as leading stocks including Seplat, Dangote Cement and MTNN propelled the N325 billion upward drift.
Positive sentiments persisted on the Nigerian Stock Exchange on Wednesday with the All-Share Index extending growth by 0.11 per cent.
A Federal High Court in Lagos yesterday refused an oral application by an oil firm Seplat Petroleum Development Company, seeking access to its accounts and offices which were shut by court order.
The banking sector inspired the All-Share Index to gain 105.48 absolute points, representing a 0.30% growth to close at 35,147.62 points, Market Capitalization appreciated by N55.17 billion, representing a growth of 0.30% to close at N18.364 trillion.
The Nigeria stock market on Tuesday sustained bullish sentiment to open the month of December with N55 billion growth due to buying interests in Tier 1 banks.
A new chapter will be added to Nigeria’s oil industry history on Tuesday, 24 November, when President Muhammadu Buhari will commission the Waltersmith 5,000 barrels per day modular refinery at Ibigwe, Ohaji/Egbema local government area of Imo State. This will no doubt boost the image of the Muhammadu Buhari government which has always been a butt of attacks for importing fuel, despite the country’s huge hydrocarbon deposits.
Host communities of Seplat Petroleum Development Company Plc in Edo and Delta States have urged the company to gradually put an end to gas flaring to reduce the health implications on residents around the installations and environs.
A traditional ruler in Edo, King Odoligie Ogiemwonyi, has charged the management of Seplat Petroleum Development Company Plc., to increase investments in the host communities of the company, to make life worth living for citizens.
The Nigerian Stock Exchange (NSE) key market indicators on Wednesday sustained positive rally, appreciating by 0.50 per cent due to monetary policy rate cut to 11.5 per cent.
The Nigerian Stock Exchange (NSE) on Friday moved 419.66 million shares worth N3.79 billion in bullish trading.
The Nigerian Stock Exchange (NSE) has announced the upgrade of its whistleblowing platform, X-Whistle.
Activities on the Nigerian Stock Exchange (NSE) extended a positive trend on Tuesday with key market indices appreciating further by 0.31 per cent.
The Nigerian National Petroleum Corporation, NNPC, Thursday, said it has concluded plans to rehabilitate and build new plants, as all the four refineries are currently down, thus forcing the government to import petroleum products from the global market.
Trading on the nation’s bourse returned to the negative territory on Friday with key market indices declining by 0.35 per cent.
Seplat Petroleum Development Company Plc remains a resilient business with strong balance sheet to acquire more oil and gas assets and ensure sustainable growths and returns to shareholders.
The Nigerian Stock Exchange (NSE) market capitalisation on Tuesday inched lower by N152 billion, amid sell pressure in 27 stocks.
The Trump administration notified several Huawei suppliers, including chipmaker Intel, that it is revoking certain licenses to sell to the Chinese company and intends to reject dozens of other applications to supply the telecommunications firm, people familiar with the matter told Reuters.
Brazilian health regulator Anvisa’s board on Sunday voted to approve emergency use of COVID-19 vaccines from China’s Sinovac Biotech and Britain’s AstraZeneca and to begin immunizations as the pandemic enters a deadly second wave.
Police detained prominent Kremlin critic Alexei Navalny on arrival at a Moscow airport on Sunday after he flew home to Russia from Germany for the first time since he was poisoned last summer.
The Deputy President of the Senate, Senator Ovie Omo-Agege, has described the former governor of Osun state, Chief Bisi Akande, as a committed Nigerian patriot.
Ole Gunnar Solskjaer refused to celebrate a hard-earned point at Anfield, pointing out that Manchester United are now required to win their next outing to keep up their Premier League chase.
A Customary Court in Ile-Tuntun Customary, Ibadan on Thursday dissolved a four-year-old marriage between a businessman, Sanni Alimi and estranged wife, Oludayo, on grounds of abandonment.
“The Ministry of Foreign Affairs wishes to inform that His Excellency, President Muhammadu Buhari, has approved the posting of Ambassador-Designates to Nigerian Missions abroad. The list includes 43 Career Ambassadors and 52 Non-career Ambassadors.”
Mr Rafiu Ajakaye, Chief Press Secretary to the governor and Spokesman of the Technical Committee on COVID-19, made this known in a statement on Tuesday in Ilorin.
Wike made the confirmation on Wednesday when he led the 2019 Vice-Presidential candidate of the Peoples Democratic Party (PDP), Peter Obi, to inaugurate the Isiokpo Internal Roads Phase 2 in Ikwerre Local Government Area of the state.
President Andrés Manuel López Obrador of Mexico has railed against the seemingly aggressive censoring of U.S. President Donald Trump by major social media platforms over last week’s violence at the U.S. Capitol.