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Tag Archives: Market

Shasha Crisis: Tension In Ibadan Over Arrest Of 7 Yoruba Men, Stakeholders Kick

There is palpable tension in Shasha and other communities around it over the arrest of seven suspects in connection with the recent mayhem in the popular Shasha market. It was gathered that about seven people were arrested in connection with the crisis which erupted in the market last month. The crisis had engulfed the community following the death of a cobbler, ...

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16 hrs After: Popular Lagos Timber Market Inferno Rages On

 The popular Amu Timber Market in Mushin area of Lagos, Southwest Nigeria went in Flames midnight waking up many residents to a sleepless night. But Dr. Femi Oke-Osanyitolu, Lagos State Emergency Management Agency, LASEMA’s Director-General’ said there was a fire outbreak in the market which culminated in heavy explosions of plywood/asbestor. He said his men came to the scene on ...

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Breaking News: Yoruba, Hausa Youths Clash In Lagos

A heavy clash between some Yoruba and Hausa youths occurred today in Oke Odo area of Lagos state. It’s unclear the cause of the clash but it took place at the Popular Oke-Odo Market leading to loss of property worth millions. Several people were injured.

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Eid-el-Kabir: Ram Sellers Lament Low Patronage In Ibadan

Less than five days to the celebration of Eid-el-Kabir, ram sellers within Ibadan metropolis are complaining about low patronage. A visit by a correspondent of the News Agency of Nigeria to major ram markets in the metropolis on Wednesday showed that there were few buyers in the markets. Some major ram markets visited by NAN include Bodija, Liberty Road and ...

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Nestle, Unilever, Nigerian Breweries Lead Bears On Stock Market

Activities on the Nigerian Stock Exchange (NSE) for the third consecutive day on Wednesday closed on a negative trend, with Nestle leading the laggards’ table. Nestle, one of the highly capitalised equity, topped the losers’ chart with a loss of N10 per share to close at N1,500 per share. Unilever trailed with a loss of N3.75 to close at N51.25, ...

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Nigeria Stock Market Loses N416 billion In Five Days

The market capitalisation of the Nigerian Stock Exchange (NSE) lost N416 billion in five trading days due to exit of foreign investors following delay in 2018 budget passage. Market statistics obtained by the News Agency of Nigeria (NAN) showed that the market capitalisation, which opened trading on May 21 at N14.660 trillion, shed N416 billion or 2.84 per cent to ...

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NSE: Market Capitalisation Dips By N123 billion On Profit Taking

Highly capitalised stocks on the Nigerian Stock Exchange (NSE) recorded price depreciation amidst profit taking with the market capitalisation dropping by N123 billion on Thursday. The market capitalisation which opened at N14.848 trillion shed N123 billion or 0.83 per cent to close at N14.725 trillion on losses posted by Nigerian Breweries and Dangote Cement. Similarly, the All-Share Index lost 341.56 ...

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Nigeria Equities Shed N236bn To Sell-offs

Activities returned to negative territory on the Nigerian Stock Exchange (NSE) on Wednesday with major blue chips posting price depreciation due to profit taking. PoliticsNGR gathered that Dangote Cement and Total topped the losers’ chart with N9.90 and N9.80 to close at N265 and N240. 20 per share, respectively. Nestle, another highly capitalised stocks, trailed with a loss of N5 ...

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‎Blue Chips Gain N370bn On Nigeria Stock Exchange

Gains recorded by large-cap stocks listed on the Nigerian Stock Exchange (NSE) initiated the rebound recorded at the close of transactions on Wednesday. At the local bourse, after a loss of 0.66 percent on Tuesday, closed market with a 2.44 percent rise, lifting the year-to-date gain to 13.30 percent. The All-Share Index (ASI) increased by 1,030.98 points on Wednesday to ...

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Nigeria Stock Market Records Marginal Growth

Fresh report as transactions on the Nigerian Stock Exchange ended on a cautious note on Wednesday with the All-Share Index increasing marginally by 0.02 per cent. The index rose by 9.92 points or 0.02 per cent to close at 42,158.32 compared with 42,148.40 achieved on Tuesday due to marginal price growth by blue chips. Also, market capitalisation which opened at ...

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