archiveOctober 2017

Investors in equity segment of the Nigerian Stock Exchange (NSE) lost N60.43 billion on Monday, extending bearish run to two trading sessions. The Market Capitalization shed N60.43 billion, representing a decline of 0.48per cent to close at N12.53 trillion on Monday from N12.59 trillion Similarly, The NSE All-Share Index (ASI)...

  Vice President Yemi Osinbajo, SAN, is embarking on a two-day working visit to the Republic of Indonesia, during which he will address the opening plenary of the Extractive Industries Transparency Initiative (EITI) Beneficial Ownership Conference taking place in Jakarta, Indonesia, from Monday 23rd October to Tuesday 24th October, 2017....

The Lagos State Emergency Management Agency (LASEMA) says it has recovered the body of Mr Oluseye Adekunle, who allegedly jumped into a Lagos lagoon on Friday. The LASEMA General Manager, Mr Adesina Tiamiyu, told newsmen in Lagos that a fisherman saw Adekunle’s floating body on Sunday morning by a river...

President Muhammadu Buhari on Sunday returned to Abuja after a four-day working visit to Ankara and Istanbul in Turkey even as presidency lists the gains of his visit to the country. Buhari, accompanied by his wife, Aisha, was received at the airport by senior government officials, including his Chief of...

In an effort to sustain its current focus towards intervention for the North East rehabilitation, Unity Bank Plc has stepped up its support to Borno State Government with a recent donation of a vehicle to the State Universal Basic Education Board (SUBEB) as part its Corporate Social Responsibility to promote...

A total turnover of 872.892 million shares worth N14.016 billion in 19,047 deals were traded last week by investors on the floor of the Nigerian Stock Exchange in contrast to a total of 1.555 billion shares valued at N13.504 billion that exchanged hands upper week in 18,409 deals. The NSE...

*N2b just released for early works on Second Niger Bridge Remarks by His Excellency Professor Yemi Osinbajo, SAN, GCON, Vice President of the Federal Republic Of Nigeria, at the APC governorship campaign flag-off in Onitsha, Anambra State, Friday, October 20, 2017. How many people know that we are blessed in...

Just as the Nigerian Stock Exchange (NSE) did on Wednesday, The Johannesburg Stock Exchange (JSE), on Thursday, suspended trading on the shares of Nigerian oil company, Oando Plc. The suspension was effected on JSE because the company is also listed on the exchange just as it on NSE. It has...

The Debt Management Office (DMO) on Thursday explained that the proposed borrowing of N5.5 billion from external sources by the Federal Government of Nigerian is a good initiative. President Muhammadu Buhari recently wrote the National Assembly seeking permission to raise the funds. Many Nigerians have expressed concerns about Nigeria’s rising...

The bull managed to fight back on the Nigerian Stock Exchange on Thursday as the market All-Share Index (NSE ASI) and the Market Capitalization increased by 0.01 per cent, while the year-to-date return stood at 36.36 per cent. The All-Share Index closed at 36,645.65 against the previous close of 36,641.52...