PRESCO
10 Jan
The Nigerian equities, yesterday, witnessed an unprecedented rally that propelled a surge in market capitalisation by N1.567 trillion as virtually all the stocks recorded price appreciation.
9 Jan
It was cheery news on the trading floor of the Nigerian Exchange Limited (NGX ) yesterday, as index crossed 80,000 mark to close at 80, 328.58 points.
11 Oct 2023
Following profit taking in Presco and 20 stocks, negative sentiments resurfaced on the Nigerian Exchange Limited (NGX), yesterday, causing the All-Share Index (ASI) to dip by 0.2 per cent.
25 Aug 2023
The Nigerian equities market reversed gains to close on a downturn, yesterday, as many blue-chip stocks, especially Presco and Northern Nigeria Flourmills (NNFM), depreciated, causing market capitalisation to dip by N50 billion. Market capitalisation of listed equities decreased by 0.14 percent to N35.794 trillion from N35.844 trillion reported on Wednesday. The all-share index, which measures…
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42 mins ago
Transmission Company of Nigeria (TCN) has deployed Generation Dip/Loss Detection System (GLDS) to empower the National Control Centre (NCC) in Osogbo.
52 mins ago
Operatives of Economic and Financial Crimes Commission (EFCC), yesterday, stormed the residence of the immediate past Governor of Kogi State, Yahaya Bello, in Abuja over alleged N84 billion fraud.
1 hour ago
Kano State High Court has granted an ex parte order restraining National Chairman of the All Progressives Congress (APC), Dr Abdullahi Ganduje, from parading himself as member of the party.
1 hour ago
Speaker of the Kaduna House of Assembly, Yusuf Liman, has warned Bello, son of the immediate past state governor, Nasir el-Rufai, to stop threatening the legislature for attempting to probe his father’s eight-year stewardship.
1 hour ago
Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has confirmed that the Gas Supply and Purchase Agreement (GSPA) to support the Final Investment Decision (FID) for the Brass Methanol Project would be executed next month.
1 hour ago
Following the N2.6 trillion worth of economic loss to flooding in 2012, the National Emergency Management Agency (NEMA) and relevant stakeholders have engaged to check and mitigate impact of the disaster as the rainfalls begin.
1 hour ago
Borno State Governor, Babagana Zulum, has approved N1.3 billion scholarship for 997 nursing and midwifery students, who are indigenes of the state.
1 hour ago
At least 20 persons, mainly women, have been abducted by suspected terrorists in Na-Alma village, Malumfashi Local Council of Katsina State.
1 hour ago
Failure of the Kano State government to serve criminal charges on the embattled National Chairman of All Progressives Congress (APC), Dr. Abdullahi Ganduje, yesterday, stalled the arraignment of the former governor at the Kano State High Court.
1 hour ago
Debt servicing may have been responsible for the dipping of Nigeria's foreign reserves from $34.45 billion to $32.61 billion within one month. Specifically, about $1.8 billion was spent from the foreign reserve within the period.