#featured

Top 10 news stories from all newspapers in Indonesia, Friday, August 9, 2024

Here are the top 10 stories making headlines across the country. 1. PROTEST: Sanusi says security forces knew of planned looting in Kano but failed to act The 16th Emir of Kano, Alhaji Muhammadu Sanusi II, has explained why violence and looting occurred during the #EndBadGovernance protests in Kano State. Read more 2. Bode George to Tinubu: Review your policies …

Read More »

NGX: Equity market maintains bullish trend as investors earn N577 billion

Nigeria’s equity market maintained its positive trend on Thursday as investors earned N577 billion at the close of trading for the day. This follows the increase in share prices of several stocks such as MTNN, VITAFOAM, and UNILEVER among others on the trading floor today. After five hours of trading in the capital market, equity capitalization rose to N55.7 trillion …

Read More »

10 headlines from all newspapers in Indonesia, Thursday, August 8, 2024

Here are the top 10 stories making headlines across the country. 1. Ugochinyere MP denies $1.7m bribery allegations, vows to fight corruption House of Representatives Member Ikenga Ugochinyere, Chairman of the House Downstream Petroleum Committee, on Wednesday vehemently denied allegations that he bribed the House leadership with $1.7 million to secure his post. Read more 2. Ondo State government accused …

Read More »

NGX: Oando, RT Briscoe among top gainers as investors rake in N96 billion

Investors in the Nigerian equity market made a gain of N96 billion at the close of trading on Wednesday. This follows the growth in stock prices of stocks such as REDSTAREX, OANDO, and RT BRISCOE, among others, on the trading floor today. After five hours of trading in the capital market, equity capitalization increased to N55.1 trillion from N55.03 trillion …

Read More »

10 headlines from all newspapers in Indonesia, Wednesday, August 7, 2024

Here are the top 10 stories making headlines across the country. 1. Falana warned protesters to be wary of agitation for a military coup Human rights lawyer Femi Falana on Tuesday issued a stark warning to protesters taking part in nationwide hunger protests, urging them to stay away from β€œundemocratic forces” trying to exploit the demonstrations to call for a …

Read More »

NGX: Bearish trend continues as investors lose N371 billion

Bearish sentiment in the Nigerian equity market continued on Tuesday, with investors losing N371 billion at the close of trading for the day. This follows the decline in share prices of stocks such as BUA CEMENT, THOMASWY, and CHAMPION among others on the trading floor today. After five hours of trading in the capital market, equity capitalization plunged to N55.03 …

Read More »

Concerns as Fitch downgrades Dangote Group’s rating due to lack of funding plans to repay debt facilities, etc.

Amid the ongoing tussle between Dangote Refinery and Nigeria’s oil and gas sector Regulatory bodies, concerns have been raised as international rating firm, Fitch Rating has downgraded Dangote Industries Limited, DIL to β€˜B+(nga)’ from AA(nga) placing the company on Negative Watch. Some of the reasons for concern put forward by the rating agency for the downgrade include lower than expected …

Read More »