Broadstreet News

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Equities market closed on a negative note, as NGXASI depreciated by -0.15% to close at 41,976.79 basis points as against +0.18% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at +4.24%.   Details in the Video…

The Economic and Financial Crimes Commission (EFCC) revealed that it did not raid the home of Justice Mary Odili, as earlier reported by the media. The Spokesperson for the Commission, Mr. Wilson Uwujaren, disclosed this in a statement in Abuja. He added that media reports of operatives invading the home of the Supreme Court judge […]

The bulls maintained dominance on the Nigerian Exchange Ltd (NGX) on Friday with the All-Share Index crossing the 42,000 mark on sustained gains. Specifically, the index inched higher by 77.46 points or 0.18 per cent to close at 42,038.60 from 41,961.14 recorded on Thursday. Also, the market capitalisation which opened at N21.898 trillion garnered N40 […]

Uche Secondus, the suspended national chairman of the Peoples Democratic Party (PDP), has lost his bid to stop the opposition party’s convention. Secondus had approached the court of appeal to challenge his removal as chairman. He also sought an order of injunction restraining the PDP from holding its national convention scheduled for October 30th and […]

https://youtu.be/70NR4x9FIZc

FBN Holdings Plc, parent company of First Bank Nig. Ltd has notified the Nigerian Exchange and investing public of changes in the Group’s management team. FBN Holdings Plc, parent company of First Bank Nig. Ltd has notified the Nigerian Exchange and investing public of changes in the Group’s management team. The Group, disclosed this through […]

The European Central Bank (ECB) announced 30 senior members of the Market Advisory Group who will be in charge of the digital euro project creation. The Eurosystem’s High-Level Task Force on Central Bank Digital Currency called for expressions of interest already on July 14, following the Governing Council’s approval of the digital euro project investigation […]

The newly incorporated Nigeria National Petroleum Company (NNPC) has received the presidential approval to reconstruct the collapsed Lagos- Badagry expressway, as well as 20 other federal roads spread across the six geopolitical zones of the country. The approval was given on Wednesday at the weekly virtual Federal Executive Council (FEC) meeting presided over by Vice-President […]

Trading on the Nigerian stock market returned to bearish territory on Wednesday 27th October 2021, with market capitalisation dropping by N13 billion due to profit taking in FBN Holdings (FBNH). Specifically, the market capitalisation which opened at N21.821 trillion dropped by N13 billion or 0.06 per cent to close at N21.808 trillion. Also, the All-Share […]

The Economic and Financial Crimes Commission (EFCC) has presented a budget of N31, 350, 512, 836 to the National Assembly for its operations in 2022. The figure represents a slight improvement over the N29, 575,694,747.46 appropriated for the Commission in 2021. This was disclosed by the anti-graft agency in a statement issued on Tuesday, October 26, 2021.


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