taking

NSE Index Rise 0.7% as Profit Taking Moderates Appreciation

January 20, 2020 6:55 am

Profit taking by some investors moderated the growth of the Nigerian stock market last week as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) appreciated by 0.69 per cent to close at 29,618.52.

The gain was lower than the record 9.1 per cent posted the previous week, which was the highest weekly growth in two years. Market capitalisation added N81.8 billion to close at N15.256 trillion.

Sustained investor confidence had two weeks ago lifted the market as appetite for risk assets increased significantly following low valuations of equities. Against the backdrop of the increased demand the year-to-date growth hit …

Will Buhari Succeed in Taking Us Into Second Slavery?

December 29, 2019 7:07 am

In the last four years, the General Buhari administration has taken more foreign debt than almost all past administrations of the last 30 years put together. I am not referring to domestic debt, which does not have the capacity to enslave a nation. I am referring to foreign debt.

Despite the shenanigans of this administration to obscure the fact, the truth, as I said during my Arise TV interview, is that on May 29, 2015, the Jonathan government handed over to the Buhari administration and left it with a foreign debt of $10. 3 billion. Of that amount, $7 …

Profit Taking: NSE All-Share Index Drops 0.13%

December 14, 2019 8:35 am

The All-Share Index of the Nigerian Stock Exchange (NSE) on Friday bowed to profit taking after two-day upward trend.

The News Agency of Nigeria (NAN) reports that the index lost 33.59 per cent to close at 26,536.21 compared with 26,569.80 achieved on Thursday.

Also, the market capitalisation which opened at N12.823 trillion shed N18 billion to close at N12.807 trillion.

MTN dominated the laggards’ table with a loss of N2. 70 to close at N115.30 per share.

GlaxoSmithKline trailed with a loss of 55k to close at N5.25, while United Bank for Africa dipped 25k to close at N6.60 per …

Foster Vows To Restore All Black Aura After Taking Top Job

December 11, 2019 4:26 pm

Ian Foster pledged to restore the All Blacks’ aura of invincibility on Wednesday as the former assistant coach was promoted to the top job, tasked with rebuilding the three-time world champions after a disappointing World Cup.

New Zealand Rugby opted for continuity in naming Foster, who was the preferred candidate of illustrious departing coach Steve Hansen, under whom he worked for eight years.

He beat main rival Scott Robertson to the job, despite the Crusaders mentor winning three straight Super Rugby titles, with NZR saying the 54-year-old offered “fresh energy”.

“He brings world-class international experience to the role, an incredibly …

Kanye West Is Taking “Sunday Service” To Joel Osteen Church

November 13, 2019 2:13 pm

“Christian Genius Billionaire” Kanye West will be paying a visit to televangelist Joel Osteen’s Houston megachurch this Sunday.

West, who released his first gospel album, Jesus is King, last month, will be having a 15-to-20-minute conversation with Osteen at Lakewood Church’s 11 a.m. service, the Houston Chronicle reports.

Lakewood spokesperson Donald Iloff Jr. told the Chronicle that the conversation will revolve around West’s journey to faith.

The rapper will reportedly make another appearance at the evangelical church’s 7 p.m. young adult service, this time with his Sunday Service choir.

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39kg of cocaine found on plane taking Brazil’s team to G20

June 28, 2019 6:12 am

A Brazilian air force officer travelling with President Jair Bolsonaro‘s G20 team has been arrested after being caught with 39 kilograms of cocaine.

The officer was detained in Seville, Spain, when the back-up plane travelling to Osaka made a stop-over, a statement released by the Brazilian defence ministry said.

“The military man is detained at the disposal of the Spanish authorities. The aeronautics command established a military police inquiry (IPM) to determine …

Three undergraduates die in sex romp after taking tramadol

April 4, 2019 8:23 pm

It was tragedy at Sunshine Lodge, Ihiagwa, one of the satellite communities close to the Federal University of Technology, Owerri (FUTO), Imo State on Tuesday night. Three students collapsed and died while taking turns to have sex with a co-student after allegedly taking a mixture of tramadol, codeine and vodka. Two of them, according to an eyewitness account, died instantly while the only lady among them and another male student were found unconscious.

They were immediately rushed to the Federal Medical Centre Owerri where they were admitted at the Intensive Care Unit. The male student later died at the hospital, …