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SERAP Calls on Tinubu to Probe Alleged Missing $2.1bn and N3.1tn Subsidy Payments
Lagos, Nigeria - Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to initiate a thorough investigation into the alleged disappearance and…
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NGX Market Cap Grrows By N21bn
The market capitalisation of the Nigerian Exchange Limited increased by N21 billion by the close of trading activities on Thursday.
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CBN Debunks Naira Devaluation Reports
The Central Bank of Nigeria has debunked reports that it devalued the naira.
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Dollar Crashes To N726 At Black Market Following CBN’s Devaluation Policy
The value of the dollar fell against the naira to N726 at the black market as the Central Bank of Nigeria devalued the naira.
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CBN Devalues Naira As Currency Exchanges For N630/$
The Central Bank of Nigeria has devalued the naira as the currency traded for N630 a dollar at the Investors & Exporters window on Thursday.
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Stock Market Reacts Positively To Tinubu’s Inauguration As Investors Gain N1.5trn
The local stock market recorded a sharp rise in value following the inauguration of President Bola Ahmed Tinubu on Tuesday, OduNews reports.
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Zimbabwe’s Treasury Implements Measures to Boost Local Currency and Curb Inflation
In a bid to bolster the value of the local currency and control rising consumer inflation, Zimbabwe's treasury has introduced measures aimed at promoting the use of the Zimbabwean…
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President Tinubu to Review Currency Swap Policy and Unify Exchange Rate
President Bola Tinubu has announced plans to review the currency swap policy implemented by the Central Bank of Nigeria (CBN) during his administration. Tinubu expressed concerns that…
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Global Stocks Rise as US Debt Deal Offers Hope
Global stocks and oil prices experienced gains on Monday as investors cautiously welcomed news of an agreement that could prevent a catastrophic US debt default.
Germany's DAX…
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NBS: Nigeria’s GDP Falls To 2.31% In Q1’23
The Gross Domestic Product growth in Nigeria fell to 2.31% in the first quarter of 2023 from 3.52% in the last quarter of 2022.
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Local Stock Market Grows By N138bn
The Nigerian Exchange (NGX) Limited closed on a positive note on Tuesday as investors gained N138 billion.
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Bulls Dominate Local Stock Market As Investors Rake In N98bn
NGX closed in positive territory on Monday with investors gaining N98 billion by the close of trading activities.
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Lekki Deep Seaport To Host 70% West Africa Cargoes
The Lekki deep seaport has the capacity to host 70% of cargo coming to West African countries through the Nigerian seaport.
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Dangote Refinery Product To Be In Market By End Of July – Dangote
Aliko Dangote has said that the first refined product from the Dangote refinery will be on the market before the end of July.
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98.5% Of eNaira Wallets Unused – IMF
The International Monetary Fund says 98.5% of eNaira wallets created has never been used.
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Banking Sector Leads Local Stock Market N33.6bn Turnover
The financial sector dominated activities on the floor of the local stock market last week, contributing N21.8 billion to its turnover.
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Bears Dominate Local Stock Market As Investors Lose N257bn
Investors on the floor of the Nigerian Exchange (NGX) Limited recorded a loss of N257 billion on Thursday, OduNews reports.
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Local Stock Market Maintains Positive Momentum As Investors Rake In N88bn
Investors on the floor of the Nigerian Exchange (NGX) Limited gained N88 billion by the close of market activities on Wednesday.
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Elon Musk Teases Two New Tesla Electric Vehicles at Shareholder’s Meeting
During Tesla's highly anticipated annual shareholder's meeting, CEO Elon Musk left investors and enthusiasts eager with excitement as he unveiled plans for two new electric…
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Local Stock Market Records N9bn Gain
The Nigerian Exchange (NGX) Limited recorded a N9 billion gain by the end of trading activities on Monday.
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