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Breaking: Nigerian Stock Market Recovers As Investors Get N74bn

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The Nigerian stock market rebounded on Friday, with investors recording a gain of N74 billion after losses in the previous session.

Market capitalization on the Nigerian Exchange Limited rose by 0.07 percent to close at N105.959 trillion, up from N105.885 trillion at the prior close.

Similarly, the All-Share Index appreciated by 114.81 points, or 0.07 percent, to end the session at 165,512.18, compared with 165,397.37 recorded on Thursday.

The recovery was supported by renewed buying interest in select stocks, including Morison, Union Homes Real Estate Investment Trust, SCOA, RT Briscoe, and Austinlaz.

However, market breadth closed negative, as 40 stocks declined while 34 recorded gains.

Neimeth International Pharmaceutical led the losers, shedding 9.86 percent to close at N13.25 per share. Secure Electronic Technology followed with a decline of 9.35 percent to 97 kobo, while Eterna dropped by 8.23 percent to close at N28.45 per share.

University Press fell by 6.25 percent to N6, while Eunisell Interlinked lost 5.84 percent to close at N153.95 per share.

On the gainers’ table, Union Homes Real Estate Investment Trust and Morison topped the chart, each appreciating by 9.94 percent to close at N71.35 and N7.52 per share, respectively.

Market activity slowed during the session, as total deals, volume, and value declined. A total of 731.7 million shares valued at N19.05 billion were traded in 44,005 deals, compared with 768.3 million shares worth N21.2 billion exchanged in 46,481 transactions on Thursday.

CHAMS recorded the highest trading volume with 76.86 million shares, representing 10.51 percent of total volume, while Zenith Bank led in value terms with trades worth N3.47 billion, accounting for 18.20 percent of the day’s total value.

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Morocco Winners of AFCON 2025, Strips Senegal of Title

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The Confederation of African Football (CAF) has announced Morocco as winners of the 2025 Africa Cup of Nations.

The CAF Appeal Board ruled in favour of Morocco, declaring that Senegal forfeited the AFCON final by walking off the field during the game.

Morocco were awarded a 3–0 walkover victory.

This decision upholds Morocco’s appeal following the chaotic events in the match.

DAILY POST recalls that the Senegal team briefly walked off the pitch in protest after a controversial penalty was awarded to Morocco late in regulation time.

They were called back to the field by their captain, Sadio Mané, and later won the game 1–0.

CAF determined that this action constituted a violation of Article 84, or the equivalent regulations concerning refusal to play or abandoning the field.

Under AFCON rules, a team that refuses to continue playing or leaves the field without authorization faces elimination and forfeiture of the match.

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BREAKING NEWS: 3 security Agent Slump During Soludo’s 2nd Term Inauguration

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A total of three operatives of different security agencies in Anambra State collapsed during the inauguration of Anambra State Governor, Prof Chukwuma Soludo, on Tuesday.

The incident happened during the parade at the Dr Alex Ekwueme Square in Awka.

The three operatives are one male police operative, another male operative of the Directorate of State Services (DSS) and a female operative of the Nigeria Security and Civil Defence Corps, NSCDC.

The police operative collapsed first, followed by the NSCDC operative, who slumped towards the end of the event and was later escorted to an ambulance, after she refused to be moved in a stretcher.

A source said the police operative was later resuscitated, but was still not stable, and was taken in an ambulance to Chukwuemeka Odumegwu Ojukwu University Teaching Hospital, Amaku Awka.

The collapse of the service officers was attributed to fatigue and the long period of parade under harsh sunny weather.

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