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Nigerian Stock Market Records Upsurge Following Emefiele’s Suspension

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The Nigerian Stock Exchange
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The Nigerian stock market had a surprising upsurge after President Bola Tinubu suspended Godwin Emefiele, the governor of the Central Bank of Nigeria, hitting its highest level since July 2008.

The Nigerian Stock Exchange

With a gain of 2.7 per cent, the Nigerian Exchange Limited’s (NGX) main index surpassed 57,437 points. This increase helped the market so far this year gain 11.8 per cent, more than double the MSCI index’s six per cent return.

READ ALSO-FORMER US PRESIDENT, DONALD TRUMP PLEADED NOT GUILTY TO CRIMINAL CHARGES

Moreso, on Tuesday, June 13, the NGX Banking Index had a notable increase of 8.5 per cent, hitting 570.64 points, marking its most significant improvement in more than eight years.

According to Bloomberg’s interview with Chapel Hill Denham’s Tajudeen Ibrahim, head of research, this increase indicates optimism fuelled by President Tinubu’s agenda.

He says;

“An improvement in the economy will enhance the performance of companies operating in the market. The exchange rate convergence is expected to lead to improvement in liquidity in the foreign currency market and will increase trading activities for the banks.”

Hi, I'm [Oluwafemi Talabi, popularly known as PEN GOSSIPER], and I'm passionate about bringing you the latest and most relevant news from around the world. I started this blog in [2016] as a way to share my insights and opinions on current events, politics, culture, and more. My goal is to inform, educate, and entertain you with engaging and well-researched content. Whether you're looking for breaking news, analysis, commentary, or stories that matter, you'll find them here on [FMT BLOG femotech.com.ng]. I hope you enjoy reading my blog as much as I enjoy writing it. Thank you for your support and feedback. Feel free to contact me anytime at [fmtblog4u@gmail.com]

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Viral Gists

Dating A Short Man Feels Like I Am Dating My Son— Diminutive Ghanaian Woman (Video)

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A short-statured Ghanaian woman has sparked online debate after making contentious remarks regarding her romantic relationship preferences.

During a recent interview with De God Son TV, the diminutive lady expressed her aversion to dating guys of shorter height despite her diminutive Ghanaian woman. She remarked that short men do not match her “specifications” for relationships.

When questioned about her explanation, she stated that she sees shorter men as resembling infants, even though they are adults.

“I have a 7-year-old son, so dating a short man feels like dating my son,” she explained, finding parallels between her personal and romantic lives.

Watch the video below.

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Celebrity

Davido Trends As His New Rolls Royce And Tesla Cybertruck Land In Nigeria (PHOTOS)

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Once again, Nigerian singer Davido has made headlines for proving his status as a rich man with two luxury cars entering Nigeria: a Rolls-Royce and a Tesla Cybertruck.

The musician posted a picture of the trip on social media, his pure white Rolls Royce parked on the runway, ready for shipment.

https://femotech.com.ng/coming-out-as-hiv-positive-was-harder-than-coming-out-as-gay-gay-rights-activist-bisi-alimi-video/

Another photo depicted the Tesla Cybertruck being loaded into an aircraft to verify the truck’s arrival in Nigeria.

Cubana Chief Priest, another close associate and entrepreneur, also saluted the new cars with an Instagram image. He congratulated Davido on his feats, dubbed him the “GOAT,” and hinted at a festive December with new vehicles added to the singer’s collection.

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”Coming Out As HIV Positive Was Harder Than Coming Out As Gay”- Gay Rights Activist, Bisi Alimi (VIDEO)

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Gay rights activist Bisi Alimi, in a podcast, narrated how he was scared of coming out to declare his sexual orientation, whereas the stigma attached to being HIV positive was harder than coming out as gay.

Coming out as HIV positive was harder than coming out as gay — Gay activist Bisi Alimi

Bisi further added that an average man expects to follow a predefined path of growth, which includes teenage years through university level, to get a degree and a job.

He noted that he couldn’t follow the predefined path of growth, which was why he came out to declare his sexual orientation.

https://femotech.com.ng/pay-me-back-my-n20000-dowry-man-tell-wife-who-says-she-developed-hatred-for-him-two-weeks-into-their-marriage/

Bisi Alimi further said that his making his sexual orientation public doesn’t mean he did to throw a party, but rather to shun all expected people placed on him.

”I am not coming out to spite you; I have been gay since way back; I didn’t just become gay yesterday.”

JOIN THE CONVERSATION→ Telegram | X/Twitter | Facebook | WhatsApp|WhatsApp Channel|Mobile App|Instagram

To watch the complete conversation, see the video below.

https://www.youtube.com/watch?v=G6J2U7kzW80
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