NGO trains over 20,000 undergraduates on plastic pollution
By Peter Egwuatu U-Recycle Initiative Africa, a youth-led Non-Governmental Organisation, NGO, has trained over twenty thousand youths across four federal universities in Nigeria through the second edition of its flagship multi-year initiative for universities, called PlasticWize 2.0. The NGO is advancing environmental education, circular economy solutions, and climate action across Africa. Through PlasticWize 2.0, themed, “Redefining […]
NGX opens November bearish, down by N32bn
Transactions on the Nigerian stock market opened trading for November on a negative note with the market capitalisation losing N32 billion on profit-taking. Specifically, the market capitalisation which resumed for the month at N21.938 trillion lost N32 billion or 0.15 per cent to close at N21.906 trillion. Also, the All-Share Index dropped 61.81 points or […]
Forex constraint depresses investments in stock market
By Nkiruka Nnorom Foreign investors’ apathy in the Nigerian stock market has led to a decline in the value of investments on the Nigerian Exchange Limited (NGX) in the first nine months of 2021, despite the increased volume of transactions reported by the exchange during the period. The investors committed N636.60 billion to the market, […]
SEC approves MTN Nigeria’s N89.99bn series II bond
The Securities and Exchange Commission (SEC) has granted MTN Nigeria Communications approval to launch its series II 10-year Fixed Rate Bond (Series II Bond), MTN’s Company Secretary, Mrs Uto Ukpanah, announced in a notice on Friday, in Lagos. The notice explained that the transaction was under its debuted N200 billion issuance shelf programme announced on […]
Nigerian stock market opens October with N15bn gain
Trading in the domestic stock market resumed on Monday bullish with a gain of 0.05 per cent on investors’ interest in Eterna and 22 others. Precisely, the benchmark index rose by 21.88 points or 0.05 per cent to close at 40,243.05 from 40,221.17 achieved on Thursday. Accordingly, month-to-date and year-to-date returns stood at 0.1 per […]
NGX closes trading for independence celebration with N328bn growth
The Nigerian Exchange (NGX) Ltd closed trading activities on Thursday on a bullish trend rallying by N328 billion ahead of the country’s 61st independence day holiday. Speficially, the market capitalisation which opened trading at N20.627 trillion inched higher by N328 billion or 1.59 per cent to close at N20.955 trillion. Also, in spite of the […]
