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The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE: Nigerian stocks maintain bullish trend for fifth straight day

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.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE opens week with 0.08 percent growth

Trading on the nation’s bourse resumed on Monday on a positive note, following investors’ interest in shares of Zenith Bank, International Breweries (IB) and Flourmill.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigeria stock market advances by N214 billion

Nigeria extended bullish posture on Wednesday with the market capitalisation increasing further by N214 billion on sustained bargain hunting of blue chips.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigeria’s stock market closes for Christmas with N2 billion loss

Nigerian Stock Exchange (NSE) on Thursday reversed its uptrend, dropping by N2 billion ahead of the Christmas celebration.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigeria stock market gains N334 billion on Dangote Cement share buyback

The Nigerian Stock Exchange (NSE) gained N334 billion on Monday due to buying interest in Dangote Cement and 22 other stocks.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Investors gain N1.3 trillion as stock market rises to N19 trillion

The continued flow of funds into the stock market on the back of investors’ continued search for attractive returns pushed the market capitalisation from N17.092 trillion to N19.236 trillion, while the Nigerian Stock Exchange (NSE) All-Share Index (ASI), rose from 34,250.74 to 36,804.75 or 7.46 per cent, which are new highs.
Nigeria Naira

2020: Six Nigerian banks boost economy with N1.3 trillion credits

Efforts to grow the nation’s economy has received a boost from the banking sector as six leading banks injected additional N1.337 trillion through loans and advances to their customers across all sectors of the economy between January and September 2020.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stock market extends rally to six trading sessions

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 logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigeria stock market resumes December with N55 billion gain

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.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE closes last trading day in November with 0.45% growth

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.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nestle, Dangote top losers as Nigerian stocks lose N279 billion

Nigerian Stock Exchange closed southward on Tuesday for the second consecutive day, with market capitalisation shedding N279 billion.

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The Minister of Agriculture and Rural Development, Sabo Nanono, made this known in a statement signed by the Director of Information of the ministry, Mr Theodore Ogaziechi, on Sunday in Abuja.

Nigerian government partners Crown Flour Mills to boost wheat production

The Federal Government has expressed its readiness to partner with Crown Flour Mills to expand the capacity for wheat production in the country.
House of Representatives has elected to set a limit and timeframe for any person appointed as the Chairman of the Economic and Financial Crimes Commission, EFCC on acting capacity.

House of Reps probe AGF over N2.2 trillion revenue accrued from foreign, domestic debts

The Accountant General of the Federation is expected to furnish the House of Representatives with financial statement on the utilisation of the N2.2 trillion revenue accrued from the foreign and domestic debts raised by Debt Management Office.
The National Publicity Secretary, Kola Ologbondiyan, “He is fully aware of the constitutional implication of his decision to defect to another party; which is that he cannot continue to occupy the seat of the PDP in the Senate.

PDP tasks new EFCC boss on professionalism

The Peoples Democratic Party, PDP, Sunday, urged the new Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulraheed Bawa, to restore professionalism in the running of the anti-graft body.
Nigeria Naira

Economic expert frowns at Nigeria’s debt servicing figures

An renowned economist, Dr Paul Alaje, has frowned at a situation whereby Nigeria spends up to 60% of its revenue on debt servicing, describing the development as disturbing and worrisome.
The deserted dormitory is pictured at the Government Girls Secondary School, the day after the abduction of over 300 schoolgirls by gunmen in Jangebe.

Nigeria’s president promises no more school abductions

President Muhammadu Buhari has assured Nigerians that last Friday's abduction of female students from Government Girls Science Secondary School, Jangebe, will be the last to happen.

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President Muhammadu Buhari on Wednesday met with the newly appointed Service Chiefs at the Presidential Villa, Abuja with a directive that they should rise up to the nation’s current security challenges.

Service chiefs: We are ready to end insecurity in Nigeria

The Chief of Defence Staff (CDS)-designate and the Service Chiefs-designate forwarded to the Senate for screening and subsequent confirmation by President Muhammadu Buhari, Tuesday assured the Lawmakers and Nigerians of their readiness to end insecurity in the country.
Director of Information, National Assembly Abuja, Rawlings Agada, has said the sum of N37 billion, approved for the renovation of the National assembly complex may not be enough for the work.

Nigerian National Assembly engaging Ghana to amend trade laws – lawmaker

The National Assembly in engaging the Ghanaian authority to amend its trade laws and make it easy for Nigerians to do business in Ghana.

WAEC registration: Kwara government warns principals against extortion

The Kwara Government has warned principals in public schools not to extort students during the registration of the upcoming West Africa Examination Council (WAEC) examination.
Rangers Boss Steven Gerrard was full of praise for Joe Aribo after he put in another strong performance against Dundee United in the Sottish topflight.

Joe Aribo: I had to put in extra training to make a difference

The Nigerian international produced a spectacular seventh goal of his campaign to assist the Rangers ’ push closer to the title with a convincing victory over Dundee United.
1. President Muhammadu Buhari looked stunned and went into laughter as the daughter of his former Aide-De-Camp, Colonel M. L. Abubakar, saluted him smartly with all precisions of the military.

President Buhari bursts into laughter as daughter of departing ADC salutes him — in...

President Muhammadu Buhari looked stunned and went into laughter as the daughter of his former Aide-De-Camp, Colonel M. L. Abubakar, saluted him smartly with all precisions of the military.