Nigerian Investors Lose N1.71 Trillion Last Year

LAGOS JANUARY 2ND (NEWSRANGERS)-Investors in Nigerian equities lost about N1.71 trillion in 2019 as a combination of political risk, weak macroeconomic performance and tense global outlook drove the stock market to second consecutive negative performance. The stock market closed yesterday with negative average full-year return of -14.60 per cent for the 2019 trading year, equivalent…

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FG Fire Twenty Five Ambassadors, Heads Of Missions

LAGOS JANUARY 2ND (NEWSRANGERS)-The Federal Government has confirmed the disengagement of 25 ambassadors and heads of missions. The confirmation was sequel to  resistant by the affected diplomats who said the December 31, 2019, notice to them  was “too sudden.” Minister of Foreign Affairs, Geoffrey Onyeama, had written to the envoys in November, directing that they  return to Nigeria  on…

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250 Passengers Escape Death As Turkish Airline Aircraft Tyre Burst At Port Harcourt Airport

LAGOS JANUARY 2ND (NEWSRANGERS)-No fewer than 250 passengers were onboard the aircraft as at the time of the incident. What would have been the end of the year disaster was on Tuesday morning averted at Port Harcourt International Airport when a Turkish Airline aircraft tyre burst on landing at the airport. Information gathered by our…

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Ghana Forcefully Evicts Nigeria High Commission In Fresh Diplomatic Row

LAGOS JANUARY 2ND (NEWSRANGRS)-TheNigeria High Commission has been forcefully evicted from its diplomatic property in Accra. The property located at No.10 Barnes Road, Accra, has been reallocated to Amaco Microfinance since 26 August, 2019 by Ghana’s Ministry of Lands and Natural Resources with the consent of Ministry of Foreign Affairs and Regional Integration. According to…

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