Eko Hot Blog reports that the Nigerian Institute of Water Engineers (NIWE), a Division of Nigerian Society of Engineers, Lagos Chapter, has paid a courtesy visit to Lagos Water Corporation (LWC), Managing Director/CEO, Engr. Mukhtaar Temitope Tijani at the LWC Headquarters, Water-House, Ijora, Lagos. According to a statement issued by the LWC, the visit happened … Read more
The Lagos State Government has urged professionals to rise against building collapse in the State EKO HOT BLOG reports that the call was made by the Commissioner for Physical Planning and Urban Development, Dr. Idris Salako, at the sensitisation workshop on Building Collapse, organised by the Ikeja Branch of the Nigerian Society of Engineers … Read more
Africa’s largest telecommunication company, MTN Nigeria Plc lost N20 Billion at the close of the trading session on Monday The shares of the quoted company decreased from N206 per share at the start of the trading day to N205 per share, the lowest price traded at the close of the market, to represent a decline … Read more
By Adémólá Òrúnbon NSE and COREN commend Gov Abiodun over massive infrastructural development EKO HOT BLOG reports that the Nigerian Society of Engineers (NSE) and the Council of Registered Engineers of Nigeria, (COREN), have commended the Ogun State Governor, Prince Dapo Abiodun for the various road projects going on simultaneously across the State. Speaking at … Read more
Governor Sanwo-Olu has suspended the Lagos Building Agency General Manager over the Ikoyi building collapse. EKOHOTBLOG reports that Lagos State Governor, Mr. Babajide Sanwo-Olu, has order the immediate suspension of the General Manager of the Lagos State Building Control Agency (LASBCA), Mr. Gbolahan Oki. The suspension of the LASBCA boss was made known via a statement by … Read more
NSE, Market breadth was positive with 13 stock gainers against 12 losers. NSE, Trading at the domestic equities market closed positive on Thursday with the market capitalization increasing by N14 billion due to buying interest in tier 1 banks. The market capitalization which opened at N20.286 trillion inched higher by N14 billion or 0.07 percent … Read more
Market sentiment turned negative with 21 laggards, relative to 14 gainers. The Nigerian stock market (NSE) resumed after the Easter public holidays on Tuesday with a loss of 0.39 per cent due to persistent bearish trend. Specifically, the All-Share Index lost 150.13 points or 0.39 per cent to close 38,766.61 compared with 38,916.74 achieved on … Read more
NSE, Consequently, the market breadth closed positive with 28 stocks, relative to 12 losers. The nation’s bourse resumed a new trading week on Monday with a growth of N145 billion due to buying interest in MTN Nigeria (MTNN) and 27 other stocks. Specifically, the market capitalization which opened the week at N20.518 trillion inched higher … Read more
The Nigerian Stock Exchange (NSE) on Friday moved 250.92 million shares valued at N2.79 billion in 3,746 deals in a negative trading. The volume of shares traded improved by 9.37 per cent when compared with 229.42 million shares worth N3.78 billion transacted in 4,016 on Thursday. An analysis of the activity chart shows that Union … Read more
Investors Investors lose over N15.19 billion at the close of trading on the floor of the Nigeria Stock Exchange (NSE) on Wednesday. The equity capitalisation closed at N21.16 trillion, lower than the N21.18 trillion the market closed with on Tuesday. The All Share Index (ASI) dipped by 29.03 basis points to end trade at 40,465.32 … Read more
Shares Similarly, the All-Share Index dipped 814.15 points or 1.96 per cent to close at 40,696.01 from 41,510.16 recorded on Tuesday. The bears continued to dominate trading on the Nigerian Stock Exchange (NSE) on Wednesday with investors losing N426 billion in about six hours of trading. Consequently, the market capitalisation which opened at N21.715 trillion … Read more
Shares The Nigerian Stock Exchange (NSE) on Friday moved 482.19 million shares valued at N5.58 billion in 5,998 deals. You May Also Like NSE Opens February With 0.13% Loss NSE Market Capitalisation Crosses N22trn Mark This was in contrast with a turnover of 629.41 million shares worth N7.98 billion achieved in 4,752 deals on Thursday, … Read more
NSE, Appointment Dr Dayo Oladebeye, Rector, Federal Polytechnic, Ado-Ekiti, has been appointed into the Professional Development Board (PDB) of the Nigerian Society of Engineers (NSE). This is contained in a statement issued by the Polytechnic’s Director of Protocols, Information and Public Relations, Mr Ade Adeyemi-Adejolu, in Ado-Ekiti on Monday. According to the statement, Oladebeye’s new … Read more
NSE The nation’s bourse resumed trading on Monday on a negative trend dropping by 0.13 per cent due to profit taking in Nestle and 27 other stocks. Specifically, the All-Share Index lost 54.76 points or 0.13 per cent to close at 42,357.90 in contrast with 42,412.66 on Friday. Accordingly, the month-to-date return settled at -0.1 … Read more
Shares The Nigerian Stock Exchange (NSE) market capitalisation on Thursday crossed above N22 trillion mark as a result of price appreciation posted by some blue chips. Accordingly, the market capitalisation inched higher by N125 billion or 0.57 per cent to close at N22.059 trillion against the N21.934 trillion posted on Wednesday. The All-Share Index crossed … Read more
NSE, Inauguration Ahead of its demutualisation, the Nigerian Stock Exchange (NSE) has inaugurated a ‘Claims Review Panel’, pursuant to the provisions of the NSE Demutualisation Act 2018. Otunba Abimbola Ogunbanjo, NSE President, said this in a statement made available to the News Agency of Nigeria (NAN) on Friday in Lagos. Ogunbanjo said the panel inaugurated … Read more
Border reopening, NSE The Nigerian Stock Exchange (NSE) market capitalisation on Friday rallied by N296 billion to cross N19 trillion mark, amid gains by some blue chips. Specifically, the market capitalisation which opened at N18.940 trillion rose by N296 billion or 1.56 per cent to close at N19.236 trillion. Also, the NSE All-Share Index inched … Read more
Shares The Nigerian Stock Exchange (NSE) on Thursday sustained positive momentum with a growth of 0.10 per cent. Specifically, the All Share Index inched higher by 34.00 points or 0.10 per cent to close at 34,803.00 from 34,769.00 posted on Wednesday, Ekohotblog gathered. Similarly, the market capitalisation which opened at N18.166 trillion rose by N18 … Read more
NSE The Nigerian Stock Exchange (NSE) on Wednesday received members approval for listing by introduction at the 59th Annual General Meeting held in Lagos. Otunba Abimbola Ogunbanjo, President of the National Council of NSE said that the approval would fast-track plans to re-register as the Nigerian Exchange Group Plc (NGXG) on the Nigerian Exchange Limited … Read more
The Nigerian Society of Engineers (NSE), has conferred its most prestigious honour, the fellowship of the society, on Engineer Muminu Adekunle Badmus. Badmus is one of 120 engineers that are awarded the coveted honour on Monday at the conferment ceremony held at the International Conference Centre in Abuja. Speaking on the development, Badmus, said the … Read more