Market Capitalisation Hits New High of N16tn as Bulls Sustain Hold Goddy Egene The bulls continued their run on the Nigerian bourse yesterday, lifting market capitalisation on the Nigerian Stock Exchange (NSE) to a new high of N16.08 trillion, just as the All-Share Index rose
by 1.89 per cent to close at a new peak of 44,885 points. With the news records reached yesterday, the market has effectively grown by 17.4 per cent in 12 trading days of the year. During yesterday’s trade, the market recorded 44 price
gainers and 19 price losers, while the volume and value of trading advanced by 51.20 per cent and 63.96 per cent, respectively. Commenting on the market’s performance yesterday, analysts at Meristem Securities Limited said: “The
Nigerian bourse continues to record increased investor confidence as the market advanced further by 1.89 per cent. “We note that activities today were skewed towards counters below N5.00, as they were 30 out of the 44
gainers. However, we posit that the market’s impressive performance was as a result of the N13.00 gain on Dangote Cement Plc, as the market would have advanced by just 0.67 per cent ex-Dangote Cement.” Cement Company of
Northern Nigeria Plc led the price gainers with 10.17 per cent, closely followed by Diamond Bank Plc with 10.1 per cent, while Sterling Bank Plc appreciated by 10 per cent. Transcorp Plc chalked up 9.9 Continued on page 10
Again, Niger Delta Avengers Threatens Renewed Attacks on Oil Facilities … Page 12 Thursday 18 January, 2018 Vol 22. No 8309. Price: N250
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Five Killed in Benue in Fresh Herdsmen Attacks Another 12 slain, 65 injured by suicide bombers in Maiduguri Fear of violence grips Plateau villages over stolen cows
George Okoh in Makurdi, Seriki Adinoyi in Jos and James Sowole in Akure More gruesome murders were recorded yesterday when suspected herdsmen again unleashed terror on residents of Guma, Logo and Okpokwu Local Government Areas in Benue State, killing five persons in the process. This is just as four female
suicide bombers in Maiduguri, Borno State, detonated their bombs yesterday, leading to the deaths of 12 persons and 65 others sustained injuries. In the Benue incident, eyewitnesses said that there was an attack on Okpokwu Local Government Area following a disagreement between headsmen and Continued on page 6
Plot to Remove Saraki Remains Strong, Senator Misau Warns
Damilola Oyedele in Abuja
Senator Isa Hamman Misau (Bauchi, APC) has warned that the plot to remove Senate President Bukola Saraki from office has remained strong over fears that he may decamp from the ruling All Progressives Congress (APC), thus creating problems for the party. Speaking at the Senate plenary yesterday, Misau said the plot gained traction during the Christmas recess of the National Assembly and
was being spearheaded by a minister. The lawmaker made the allegations while contributing to the debate on rising insecurity in the country, when he noted that the security situation had become worse because appointments into critical offices of the federal government were not merit-based but based on the primordial sentiments of a “certain cabal” in the Continued on page 6
Nigeria’s Ambassador to the United States of America, Amb. Sylvanus Nsofor; Vice-President Yemi Osinbajo; and Interim Harvard University Marshall, Dean Margot Gill, when the vice-president delivered a lecture titled, “Africa Rising”, at Harvard Business School, Harvard University, Cambridge, Massachusetts… Tuesday novo isioro
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