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The Nigerian stock market, yesterday, ended the first trading session of the week on a negative note, as the market declined by N340 billion following sell-offs in Airtel Africa Plc and 25 others.
The bulls had regained control of the market on Tuesday after a negative trading on the first day of the week. The positive trend continued yesterday as 25 stocks appreciated in prices compared with six that depreciated.
China’s announcement on Monday to allow married couples to have up to three children - from the previous limit of two - also sent brokerage analysts scrambling to recommend stocks, despite a widely-shared perception that the policy shift won’t have a sudden impact on the country’s declining birth rate.
The panel investigating the unlawful sale and disposal of government-owned assets in Kwara State has recommended the prosecution of two former governors, Bukola Saraki and Abdulfatah Ahmed, and others indicted in its report.
Transactions on the Nigerian stock market maintained bearish mood on Tuesday, extending the trading losses to seven consecutive sessions.
A surge in domestic COVID-19 cases in Taiwan after months of relative safety is intensifying pressure on the government to accept vaccines from China, as the island has vaccinated just 1% of the population with no immediate sign of new shots arriving.
India’s COVID-19 outbreak has stabilised in parts of the country, a government official said, but deaths rose by 4,194 on Saturday and infections were spreading in rural areas where public health services are scarce and already overstretched.
In a puff of smoke, Malawi destroyed nearly 20 000 expired Covid-19 vaccine doses on Wednesday.
India’s total COVID-19 cases passed 18 million on Thursday after another world record number of daily infections, as gravediggers worked around the clock to bury victims and hundreds more were cremated in makeshift pyres in parks and parking lots
Indians struggled to register online for a mass vaccination drive set to begin at the weekend as the country’s toll from the coronavirus surged past 200,000 on Wednesday, worsened by shortages of hospital beds and medical oxygen.
Bitcoin and other cryptocurrencies posted sharp losses on Friday, on concerns that United States President Joe Biden’s plan to raise capital gains taxes will curb investments in digital assets.
As the demand for oxygen grows in the worst-hit COVID-19 states, India’s federal health ministry has announced an increase in quota for several states, officials said on Thursday.
Trading on the Nigerian Exchange Limited (NGX), yesterday, closed the first trading session of the week on a negative note, as NSE-All-Share Index (ASI) declined by N81 billion or 0.40 per cent.
The Minister of State, Budget and National Planning, Clem Agba, has revealed plans by the federal government to launch a web application to be christened ‘Eye-Mark’, aimed at empowering Nigerians to report any poorly executed government projects to the government.
Nigeria’s Securities and Exchange Commission (SEC) has warned unregistered investment-tech platforms to desist from offering foreign securities to Nigerians.
“Although progress is being made, many African countries have barely moved beyond the starting line,’’ Matshidiso Moeti, WHO regional director for Africa, said in a statement issued in Nairobi late on Thursday.
Investors on the Nigerian equities market yesterday lost N118 billion as the market reversed its previous session gains on renewed profit-taking.
The Securities and Exchange Commission (SEC) has cautioned potential capital market investors against putting their monies in fraud schemes that promise unwarranted high returns.
Coffee processors in the United States, the world’s largest consumer of the beverage, are reporting significant cost increases in their operations, mostly related to transportation, and expect to raise retail prices soon.
A record rush to big technology stocks saw equity funds bagging $27.8 billion inflows last week with the ongoing ultra-easy monetary policy creating the “mother-of-all asset bubbles”, BofA said on Friday.
Manchester United have identified Alexander Isak as an alternative target to Borussia Dortmund striker Erling Haaland this summer, The Star reports.
The naira, on Thursday, appreciated by 1.8 percent to N493 to a dollar at the parallel market as the Central Bank of Nigeria (CBN) increased forex supplies to banks.
The White House will consider arranging talks between President Joe Biden and his Chinese counterpart, Xi Jinping, as the two countries spar over issues including human rights, a top U.S. official said on Thursday.
President Muhammadu Buhari Thursday in Maiduguri, Borno State, assured citizens of the federal government’s presence in fighting terrorism to the end, and ensuring that Internally Displaced Persons (IDPs) are fully returned to continue normal lives, commending Governor Babagana Zulum for resilience and relentless efforts in rebuilding the state.
In an effort to decongest correctional centres, the Lagos State Ministry of Justice on Thursday held a plea bargain session for some inmates at...
An offensive aerial bombardment the Nigerian Air Force (NAF) Alpha jet carried out around Genu town in Niger State resulted in the killings of some wedding guests.
Debswana Diamond, a unit of De Beers Plc, unearthed a 1,098 carat stone in Botswana on June 1, the largest since the company began operations five decades ago.
Niger State Governor, Alhaji Abubakar Bello has said that the state has made tangible progress in the entrenchment of democratic values in the affairs of governance with respect to rule of law, separation of power, fundamental human rights and constitutional provisions since the return of democratic government in 1999.
Akwa Ibom State Governor, Mr. Udom Gabriel Emmanuel, has promised that he will be careful to follow the will of God for the state in his succession plan as his administration gradually wound down in 2023.
The latest attack comes barely 48 hours after bandits attacked Nuhu Bamali Polytechnic also in Zaria, kidnapping eight students and two lecturers, as well as shooting another student to death.