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AugStock Market Review: August 21, 2023
The Nigerian stock market last week closed on a bearish note as the All Share Index declined by 0.93% week on week. Year to date, the market has returned 26.28% with the All Share Index and Market Capitalisation at 64,721.09 points and N35.442 trillion. In a stock market review with […]
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AugPresident Tinubu reassigns portfolio, appoints Abubakar Momoh as Niger Delta Minister
President Tinubu has reassigned the former Osun State Governor, Adegboyega Oyetola, from the Federal Ministry of Transportation to the Federal Ministry of Marine and Blue Economy. The president also approved the appointment of Abubakar Momoh as the Minister of Niger Delta development. Mr Momoh was redeployed from the Federal Ministry[…]
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AugCBN advises against illegal financial operators
The Financial Services Regulation and Coordinating Committee (FSRCC), in collaboration with National Broadcasting Commission (NBC), wishes to draw the attention of the public to the worrisome increase in the activities of Illegal Financial Operators (IFOs) which portends grave risk to the public confidence and stability of the Nigerian Financial System.[…]
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AugNigerian Bourse sheds N151bn, returns -0.93% WtD
The Nigerian stock market last week closed lower by 0.93% as Airtel Africa, MTN Nigeria, SEPLAT and 53 other stocks shed weight. The All Share Index and Market capitalization dropped by 0.93% and 0.42% to settle at 64,721.09 and N35.422 trillion respectively. An aggregate of 1.689 billion units of shares[…]
