A significant decline occurred in the stock market, with losses totaling N1.9 trillion over two days. Investors sold stocks in anticipation of Dangote Refinery's initial public offering, valued at N2.15 trillion. On Wednesday, the market closed at N1.88 trillion, down from N1.9 trillion, with only four stocks recording gains.
These gains were led by Champion Breweries, which rose 9.90 percent, and GreenWef, which gained 8.28 percent. In contrast, most stocks declined, with BUACEMENT and STANBICETF30 falling 10.00 percent.
Further details on the market activity and specific stock performances are available from the source, including the events of Tuesday when investors lost N1.88 trillion.
Lagos State Governor, Babajide Sanwo-Olu, has approved the appointment of Professor Badejo Ayodeji Olawumi (nee Faji) as the new Vice-Chancellor of Lagos State University (LASU), Ojo. The appointment was announced on Wednesday by the state Commissioner for Information and Strateg...
The naira recorded its first depreciation on Wednesday at the official foreign exchange market. Central Bank of Nigeria data showed that the naira weakened for the first time this week, falling to N1,329.21 per dollar on Wednesday from N1,320.25 on Tuesday. This means that the na...
Vice President Kashim Shettima has described the Nigerian Education Loan Fund (NELFUND), established by the administration of President Bola Tinubu, as a landmark initiative that has provided crucial financial relief to children from poor families and removed financial barriers t...
Former Governor of Benue State, Samuel Ortom, has condemned the blockade of the convoy of presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, during his visit to the state. Ortom described the incident as wrong, saying Obi should have been allowed to visit...
Lagos State Governor, Babajide Sanwo-Olu, has appointed Professor Ayodeji Badejo as the new LASU Vice-Chancellor, succeeding Prof. Ibiyemi Olatunji-Bello. Read More: https://punchng.com/sanwo-olu-appoints-new-lasu-vice-chancellor/...
By Prince Osuagwu The Nigerian Communications Commission, NCC, has allayed fears that its new Device Management System, DMS, designed to strengthen Type Approval compliance for mobile devices in Nigeria, could give the regulator access to users’ personal data and communications. ...
Rangers have arrived in Lome, Togo for the second leg of their CAF Champions League first preliminary round clash against Sobemap FC. The reigning Nigeria Premier Football League, NPFL, champions arrived in Lome on Wednesday night. The Flying Antelopes will do battle with Sobemap...
In furtherance of its mandate to ensure that communications devices imported, sold and used in Nigeria meet applicable technical and regulatory standards, the Nigerian Communications Commission (NCC) is strengthening the monitoring and enforcement of its Type Approval requirement...
Governor Otti warned the new teachers to guard their jobs jealously because their names were still “written in pencil”. The post Abia begins training for 4,074 newly recruited teachers appeared first on Premium Times Nigeria ....
By Dickson Omobola Former Governor Samuel Ortom of Benue State has condemned the blockade of the presidential candidate of the Nigeria Democratic Congress, NDC, Peter Obi, from visiting Yelwata community in Guma Local Government Area of the state, accusing Governor Hyacinth Alia ...
A government’s commitment to women is best judged not by the number of empowerment programmes it announces, but by whether it creates lasting pathways for women to earn, lead and shape society. By that measure, Governor Dapo Abiodun’s record in Ogun State presents a clear and del...
The News Agency of Nigeria reports that a resident of Rivers, simply identified as Loveth, was abducted on 2 September while seated in front of her shop in Port Harcourt. The post Police rescue kidnap victim, apprehend suspect appeared first on Premium Times Nigeria ....
