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Stock market resumes June trading with N9b losses - Vimarsana News

Stock market resumes June trading with N9b losses

The Nigerian Exchange Limited (NGX) sustained losses for the third consecutive session to commence trading for the month of June on a downward note yesterday, as market capitalisation dropped further by N9 billion.

NGX Reveals Results Of Review Of Market Indices - Vimarsana News

NGX Reveals Results Of Review Of Market Indices

<p><span>Nigerian Exchange Limited (NGX), has announced the results of its full year market index review for the following indices&nbsp;</span><span>&nbsp;&ndash; the NGX 30, NGX Lotus Islamic, NGX Pension, Corporate Governance Index, Afrinvest Bank Value Index, Afrinvest Dividend Yield Index, Meristem Growth Index, Meristem Value Index; and the five Sectoral Indices of The Exchange - NGX Banking, NGX Insurance, NGX Industrial, NGX Consumer Goods and NGX Oil &amp; Gas.</span></p>

Rainoil acquires majority stake in Eterna Plc - Vimarsana News

Rainoil acquires majority stake in Eterna Plc

Rainoil Limited has completed the acquisition of majority shares in Eterna Plc, a publicly listed oil and gas company.    The acquisition was completed following the successful purchase of majority shares of Eterna Plc, through its investment arm – Preline Limited.   On the 21st of December 2020, Eterna Plc issued a public statement notifying […]

Rainoil completes acquisition of major stake in Eterna Plc - Vimarsana News

Rainoil completes acquisition of major stake in Eterna Plc

Rainoil Limited has completed the acquisition of majority shares in Eterna Plc, a publicly listed oil and gas company.

Buhari replaces nominee for downstream coy one week after nomination - Vimarsana News

Buhari replaces nominee for downstream coy one week after nomination

President Muhammadu Buhari has replaced the nomination of Engr. Sarki Auwalu as the Chief Executive Officer on the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NPRA) board, with Engr. Farouk Ahmed. Buhari’s request was contained in a letter dated September 28, 2021, and read by the Senate President, Ahmad Lawan, during plenary on Wednesday. NIN-SIM [&hellip;]