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NGX ROUNDUP: Bullish sentiment remains as investors raked in N1.1tr

Investors earned N1.1 trillion as equity markets continued to boom. The market strengthened in three of the five trading sessions. The market value increased to N157 trillion from N155.9 trillion recorded last week, while the All-Share Index (ASI) appreciated by 0.71% to close the week at 244,775.83 points, up from 242,277.81 points recorded in the previous week. The Nigerian equity …

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Top 10 stories from all Nigerian Newspapers, Thursday 8 May

Here are the top ten stories from across the country 1. ‘Speculative’ – Jonathan files a lawsuit to disqualify himself from the 2027 election Former President Goodluck Jonathan on Friday challenged a lawsuit seeking to bar him from contesting the 2027 presidential election.Read more 2. The emergence of factions in the #OBIDient Movement, when groups issue directives and counter-directions Fissure …

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NGX: Neimeth, Cadbury among top entities as investors gain N3.1tr

Investors in the Nigerian equity market earned N3.1 trillion at the close of trading on Friday. This follows a surge in the prices of shares such as Neimeth, Cadbury and Living Trust, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 244,670.65 points from 239,734.61 points the previous day. After five hours of trading …

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Top 10 stories from all Nigerian Newspapers, Thursday 8 May

Here are the top ten stories from across the country 1. 50% of you don’t have voter cards but you ask me to participate, Jonathan said to the pro group Former President Goodluck Jonathan has urged young Nigerians to actively participate in the electoral process, particularly by getting their voter cards, noting that voter apathy remains a major challenge in …

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After a failed gubernatorial bid, former State Department Senate President, Omo-Agege, sought a return to the upper house

Former Deputy Chairman of the Senate of the 9th National Assembly, Senator Ovie Omo-Agege, on Thursday, submitted his nomination form for a chance to return to the Senate. The former lawmaker wants to return to the upper house of the legislature on the platform of the All Progressives Congress (APC) in the 2027 general elections to represent Delta Central Senatorial …

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Fractions emerged in the #OBIDient Movement, when groups issued directives, counter-directions

Fissure lines appear to have emerged within the Obidient movement, as a group claiming leadership on Thursday issued a directive to expel prominent members of the group, while previous leadership had rejected the new group’s actions. The Obey Movement was formed ahead of the 2027 elections as a support base for the Labor Party’s presidential candidate, Peter Obi. However, ahead …

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‘Wike’s show of shame does not deserve a response’, says PDP

The Peoples Democratic Party (PDP) has responded to comments made by Federal Capital Territory (FCT) Minister Nyesome Wike by stating that “such a show of shame is not worthy of response”. The opposition party in a statement issued by the interim National Publicity Secretary, Comrade Ini Ememobong, said that the minister was treating Nigerians with an “undesirable overdose of political …

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50% of you don’t have voter cards but you asked me to participate, Jonathan told the pro group

Former President Goodluck Jonathan has urged young Nigerians to actively participate in the electoral process, especially by getting their voter cards, noting that voter apathy remains a major challenge in the country. Jonathan spoke on Thursday when youths, through the platform of the Coalition for Goodluck Jonathan, gathered at his residence in Abuja, calling on him to join the 2027 …

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NGX: Investors lose N1.9tr as equity markets stumble again

Investors in the Nigerian equity market lost N1.92 trillion at the close of trading on Thursday. This follows the fall in stock prices, including UPL, Red Star Express and Sky Aviation, on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 239,734.61 points from 242,729.51 points on the previous trading day. After five hours of trading on the …

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