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Nigerian Exchange Rises by N1.12Trn to N57Trn Year-to-date return inched near 40% as the equities market capitalisation of the Nigerian Exchange (NGX) hit N57 trillion following buying interest on value,…
Geregu Power Hits N1.42trn on Earnings Beat –MarketNews The market value of Geregu Power Plc jerked up to N1.42 trillion after the company’s 2023 earnings beat. Its profit climbed by…
Devaluation after Undervalue Naira Tantrum Confused FX Speculators Currency speculators have rough days in the foreign exchange market following exchange rate unannounced exchange rate swings at the official market. The…
The Federal Government has suspended the posting of National Youth Service Corps members to states considered unsafe due to the security challenges in the country. The Minister of Youths Jamila…
The Economic Community of West African States, ECOWAS has urged the Senegalese authorities to urgently schedule a new date for the country’s presidential elections that was earlier postponed. The ECOWAS…
The Ekiti State Police Command on Sunday, at its headquarters in Ado-Ekiti, paraded one Baboga Alhaji suspected of his involvement in the killing of the two traditional rulers in the…
Over 500 workers at the National Hospital, Abuja (NHA), left the facility searching for greener pastures in the last two years, its chief medical director, Mahmud Raji, has disclosed. Mr…
Fitch Affirms Cote d’Ivoire at ‘BB-‘ With Stable Outlook Fitch Ratings has affirmed Cote d’Ivoire’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at ‘BB-‘ with a Stable Outlook. According to…
Naira Settles at N1435 after 24Hrs FX Sell Down Update The Nigerian naira settled at N1435.53 following the apex bank notice to deposit money banks to reduce their net foreign…
No Plan to Convert Domiciliary Account Holdings into Naira –CBN The Central Bank of Nigeria (CBN) has denied a plan to convert US dollar domiciliary accounts to naira, according to…