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Nigerian Stock Exchange NSE

NSE indices record 0.21 percent loss

The Nigerian Stock Exchange (NSE) market indices shed 0.21 per cent due to loses in some blue chips.

Chris Okunowo emerges new Directors Institute president

Chief Chris Olufunmilola Okunowo, F.IoD, a renowned legal practitioner and businessman has been elected as the 16th president of the Institute of Directors Nigeria (IoD) for a two-year tenure.

Airtel Africa’s shares drop by 9.99 per cent

Airtel Africa shares dropped by 9.99 per cent on the Nigerian Stock Exchange (NSE) a day after listing, forcing the market indices to close on negative region.

Shareholders approve Union Bank’s N54.5 billion capital restructuring

Shareholders of Union Bank of Nigeria (UBN) Plc have approved a proposal to cancel N54.46 billion accumulated permanent losses in the books of the commercial bank.

Union Bank shareholders endorse N54.4 billion share premium reduction

Shareholders of Union Bank of Nigeria (UBN) on Tuesday endorsed the proposed reduction of N54.4 billion from the bank’s share premium account aimed at restructuring its balance sheet for optimal performance.

MTN Nigeria lifts trading on NSE, records 10 percent growth second trading day

MTN Nigeria Communications Plc for the second trading day appreciated by 10 per cent due to high demand for the equity on the Nigerian Stock Exchange (NSE).
Nigerian Stock Exchange NSE

NSE all-share index rises 0.85% as Bellwether stocks lift market

Chams Plc led the price gainers with 10 per cent following investors sustained their high demand for the stock after it recovered from a loss in 2017 to profit last year.
Nigerian Stock Exchange NSE

NSE: All-Share Index drops marginally by 0.06 per cent in cautious trading

Trading resumed on the nation’s bourse for the week on Monday still on a negative trend, declining marginally by 0.06 per cent in a cautious trading.
UK

Report: Former CBN chief, wife buy N15.6 billion property in UK

Paul Ogwuma, former governor of the Central Bank of Nigeria (CBN) and his wife have acquired property worth £33 million (N15.6 billion), a UK investigative journalism magazine has revealed.
Nigerian Stock Exchange NSE

Elections: NSE market capitalization decreases further by N196bn

Trading on the Nigerian Stock Exchange (NSE) on Thursday continued to react negatively to the outcome of the presidential election with the market capitalisation losing N196 billion to close below N12 trillion mark in February.
Nigerian Stock Exchange NSE

Election: Nigeria stock market loses N85 billion in six hours

The market capitalisation of listed equities on Tuesday shed N85 billion in six hours of trading to what traders attributed to profit taking as a result of the presidential poll.
Nigerian Stock Exchange NSE

NSE: Market indices improve by 0.12 per cent

The market indices of the Nigerian Stock Exchange on Thursday recorded marginal growth of 0.12 per cent.

Union Bank introduces TechVentures to support tech-based businesses

Union Bank of Nigeria Plc on Monday launch TechVentures, a unique banking proposition aimed at providing tailored services to technology companies in their various stages of business life cycle.
Nigerian Stock Exchange NSE

NSE: Bears on rampage, market capitalisation loses N136bn

The bears at the Nigerian Stock Exchange (NSE) continued to dominate trading for the fifth trading days in 2019 with the crucial market indicators declining further by 1.20 per cent.

FMDQ admits N13.50 billion Union Bank bonds

FMDQ OTC Securities Exchange has listed Union Bank of Nigeria Plc’s N7.19 billion Series 1 and N6.31 billion Series 2 Senior Unsecured Fixed Rate Bonds under its N100.00 billion Debt Issuance Programme on its platform.
Nigerian Stock Exchange NSE

NSE Index rises by 0.37% after two days downward trends

Activities closed for the week on the Nigerian Stock Exchange on a positive trend following gains recorded by some highly capitalised stocks after two consecutive days losses.
Nigeria Stock Exchange

NSE moves 121.26 million shares worth N1.58 billion in bearish trading

The Nigerian Stock Exchange (NSE) on Friday moved a total of 121.26 million shares valued at N1.58 billion transacted in 2,678 deals in a bearish trading.
Nigeria Stock Exchange

Trading maintains positive mood on NSE, up by 0.37%

Activities on the Nigerian Stock Exchange closed northward on Thursday with the market indicators appreciating further by 0.37 per cent.

Recent Stories

Nigerian Stock Exchange NSE

NSE: Investors react positively to ministers’ inauguration, assignment

Investors on the Nigerian Stock Exchange (NSE) on Wednesday reacted positively to the inauguration and assignment of ministers to various portfolios by President Muhammadu Buhari.
Presidential media aide, Malam Garba Shehu, says the Buhari administration is working with state governments across the Northwest to pursue an urgent revamp of the national security apparatus in the subregion.

President Buhari warns cabinet members against unnecessary altercation

President Muhammadu Buhari on Wednesday in Abuja, cautioned new cabinet Ministers against unnecessary altercation while discharging their responsibilities.
Senator Shehu Sani (APC-Kaduna)

Kaduna election: Tribunal dismisses Shehu Sani’s petition for lack of merit

The National Assembly Election Petitions Tribunal in Kaduna has dismissed the petition challenging the election of Senator Uba Sani as the lawmaker representing Kaduna Central Senatorial District at the National Assembly.
President Muhammadu Buhari on Monday appointed his wife, Aisha, and the wife of the Vice-President, Mrs Dolapo Osinbajo, to serve on the Presidential Advisory Committee on the Elimination of Drug Abuse in the country.

President Buhari approves appointment of aides for First Lady

President Muhammadu Buhari has approved the appointment of aides for the Office of the First Lady, occupied by Hajia Aisha Buhari.
Rwanda's President Paul Kagame and Uganda's Yoweri Museveni were once close allies but their relations have turned deeply hostile in a dispute that damaged trade between the neighbours.

Ugandan, Rwandan leaders sign pact to end months-long standoff

The presidents of Rwanda and Uganda on Wednesday signed an agreement in Angola to end months of tensions after the two leaders exchanged accusations of spying, political assassinations and meddling.