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The equities market shed N463.7 billion last week as the bullish streak was halted by persistent profit taking. Following the unprecedented growth recorded in the month of November, many investors have been locking in profits. Despite the pockets of profit taking, the market had maintained a positive weekly performance.
Nigerian stock market closed on a negative note for the fourth straight session on Thursday with the market capitalisation losing N232 billion.
The nation’s bourse closed for the last trading day in November with a growth of 0.45 per cent following price appreciation posted by Airtel Africa and 16 other stocks.
Nigerian Stock Exchange closed southward on Tuesday for the second consecutive day, with market capitalisation shedding N279 billion.
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 Nigerian Stock Exchange (NSE) market capitalisation on Thursday closed the last day of April with N80 billion gain, following sustained demand for blue chips.
The Nigerian equities market closed Thursday trading on upward trend, appreciating by 0.10 per cent, amid Dangote Cement gain.
Trading on the Nigerian equity market returned to negative territory on Wednesday with 0.05 per cent dip or losses in MTN Nigeria and six other stocks.G
The equities market today (Tuesday) recorded the first profit taking after a long streak gain this month leading to a decline in a major performance index as the Nigerian Stock Exchange, NSE All Share Index declined by 1.2 percent or 118 bases points, bps.
The Nigerian Stock Exchange (NSE) on Monday listed the supplementary shares of Cement Company of Northern Nigeria (CCNN) following its merger with BUA Group’s Kalambaina Cement Company.
The volume of shares traded on the Nigerian Stock Exchange on Thursday rose by 171.65 per cent with the indices appreciating by 0.32 per cent.
The volume of shares traded on the Nigerian Stock Exchange (NSE) on Thursday rose by 171.65 per cent with the indices appreciating by 0.32 per cent.
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.
The market capitalisation of the Nigerian Stock Exchange (NSE) appreciated on Thursday by N128 billion following the listing of Notore Chemical Industries Plc shares.
Vice President Yemi Osinbajo will represent Nigeria at the sixth inauguration of President Yoweri Museveni of Uganda.
The Lagos State Government on Tuesday said it had recovered more than N50 million from parties involved in illegal real estate transaction activities.
The state’s Deputy Governor, Manassah Jatau, made the declaration in Gombe on Tuesday when a Presidential Visitation Panel, led by Prof. Kenneth Okiongbo, visited the school.
The Bauchi State Road Traffic Agency (BAROTA), on Tuesday, reiterated that activities of commercial motorcycle riders, popularly known as ‘Okada’ or ‘Achaba’, remained banned in the state.
An African regional organisation said about 60 per cent of people from South Sudan are facing “their worst food security” and nutrition crisis since the country became independent a decade ago.
Harry Kane’s cycle at Tottenham Hotspur could come to an end this summer according to reports in England carried by Marca. The English forward, who’s spent most of his career with Tottenham, is considering a change of scene, and will ask club owner Daniel Levy to listen to offers for him in the summer.
Ekiti State Government has taken delivery of another 40,000 doses of AstraZeneca vaccines from the National Primary Health Care Development Agency (NPHCDA).
The National Agricultural Land Development Authority (NALDA) says it has concluded plans to establish an integrated farm estate in Ogun State.
The police in Ogun have warned hoodlums planning to attack stations in the state to shun such intentions in order not to face the wrath of the law.
Vice-President Yemi Osinbajo has described Pastor Dare Adeboye, the late son of the General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, as a symbol of future Christian ministry in the country.