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FBN Holdings Plc Faces Shareholder Crisis: Minority Shareholders Demand Regulatory Intervention
In a concerning development, minority retail shareholders of FBN Holdings Plc have expressed their alarm regarding alleged tactics aimed at destabilizing Nigeria's longest-standing…
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Naira Trades N741 Per Dollar At Official Market
The value of the naira increased to N741 to a dollar at the Importers & Exporters window.
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Local Stock Market Investors Lose N80bn
Investors at the local stock market recorded an N80 billion loss in the first trading session of the week.
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BUA Foods Half-Year Profit Grows By N95.2bn
BUA Foods has announced that its profit grew by N95.2 billion in the first half of 2023.
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‘Tech Startups Need to Use Influencer Marketing’ – Says Wole Oduwole
Wole Oduwole, the ingenious CEO of SEOGidi, has recently expressed his conviction that influencer marketing is an indispensable tool for startups, especially in Africa's burgeoning tech…
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NGX Delists 1.31 Billion Ardova Shares
The Nigerian Exchange Limited said it has delisted the entire 1,310,629,267 issued share capital of Ardova Petroleum Plc from the daily official list.
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Brent Crude Price Jumps To $84 As OPEC+ Tightens Supply
The prices of Brent crude oil went up to $84 on Thursday on the back of an OPEC+ induced supply tightness.
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CBN Lifts Ban On Aboki FX, NairaBet, 437 Others
The Central Bank of Nigeria has lifted a post-no-debit restriction placed on the bank accounts of 440 individuals and companies.
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Local Stock Market Opens Week With N144bn Gain
The Nigerian Exchange (NGX) Limited opened this week's trading activities with a N144 billion gain.
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NGX Market Cap Declines By N6bn
The market capitalisation of the Nigerian Exchange Limited declined by 0.01% on Wednesday.
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NGX Opens Week With N203bn Gain
The Nigerian Exchange (NGX) closed on a positive note on Monday with investors raking in N203 billion.
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Nigeria’s Inflation Rate Hits 22.79% In June
The National Bureau of Statistics says Nigeria's inflation rate rose to 22.79% in June from 22.41% in the previous month.
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Local Stock Market Investors Lose N257bn In A Week
The local stock market recorded a N257 billion loss last week on the back of a 14.3% shortfall in the shares of some banks.
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Selling Pressure Downs Local Stock Market By 2.03%
NGX Limited on Thursday recorded a 2.03% loss on the back of sustained selling pressure during the trading session.
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CBN Directs Banks To Pay Diaspora Remittances To Recipients In Naira
The Central Bank of Nigeria has directed Deposit Money Banks to pay diaspora remittances to their recipients in naira.
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Otedola Speaks On Contemplating Suicide After Losing $480m
Billionaire businessman Femi Otedola has disclosed that he contemplated suicide after $480 million invested in his diesel business.
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Customs Streets Retains Bullish Stint As Investors Gain N581bn
The local stock market maintained its recent bullish stint as investors on the floor of the Nigerian Exchange Limited raked in N581 billion.
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Local Stock Market Investors Gain N270bn
Investors on the floor of the Nigerian Exchange Limited raked in N270 billion on Thursday signaling a 0.81% growth.
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Local Stock Market Investors Gain N5.3trn In H1’2023
The Nigerian Exchange Limited closed the first half of 2023 in the positive territory as investors raked in N5.23 trillion.
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Civil Society Coalition Threatens Nationwide Protests Over Potential Fuel Price Hike
A collective of Nigerian civil society groups has threatened to rally citizens for nationwide protests if the Independent Petroleum Marketers Association (IPMAN) proceeds with its plans…
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