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Customs Street Opens Week Bullish With 0.02% Growth
5 天之前 · By Adedapo Adesanya. The NASD Over-the-Counter (OTC) Securities Exchange recorded a 0.22 per cent decline on Monday, January 20, with the market capitalisation shedding N2.35 billion to close at N1.073 trillion compared with the preceding session’s N1.075 trillion and the NASD Unlisted Security Index (NSI) going down by 6.79 points to wrap the session at 3,105.12 points compared with 3,111. ...
Nigeria Eyes Resumption of Oil Production in Ogoniland
4 天之前 · By Adedapo Adesanya. The Economic and Financial Crimes Commission (EFCC) on Monday arraigned five individuals, including the former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Mr Ahmed Kuru, and the chief executive of Arik Air, Mr Roy Ilegbodu, for allegedly defrauding the airline of N76 billion and $31.5 million.
Naira Value Strengthens at Official, Parallel Markets
3 天之前 · By Adedapo Adesanya. The Nigerian Naira recorded improvements in the official and black markets on Wednesday as the Central Bank of Nigeria (CBN) announced its intention to launch an FX code designed to boost the integrity of the market.. The apex bank explained the code will serve as a guideline for the ethical conduct …
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Energy Editors See Significant Boost in Nigeria’s Oil, Gas in Q1 2025
2025年1月13日 · By Adedapo Adesanya The Society of Energy Editors (SEE) expects the Nigerian energy sector to witness significant developments in the first quarter of 2025. This, according to the society, would be driven by President Bola Tinubu’s proposed N49.7 trillion budget for the year. The budget is anchored on an increase in
Nigeria's Unlisted Securities Close Higher by 0.35% | Business
2025年1月17日 · By Adedapo Adesanya Four price gainers helped the NASD Over-the-Counter (OTC) Securities Exchange close higher by 0.35 per cent on Thursday, January 16. The value of the trading platform jumped by N3.69 billion during the session to N1.072 trillion from the N1.068 trillion it closed in the preceding session, and the
Nigerian Stocks Attract N87.749bn in One Week
2024年12月9日 · By Dipo Olowookere About N87.749 billion was staked on 3.893 billion Nigerian stocks last week executed in 43,868 deals, according to data obtained from the Nigerian Exchange (NGX) Limited. Business Post reports that the trading value was higher than the preceding week as the bourse recorded a turnover of 3.194 billion
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Equity Market Gains 0.75% as Investors Mop up MTN, Others. By Dipo Olowookere Transactions on the floor of the Nigerian Exchange (NGX) Limited rallied on Tuesday by 0.75 per cent after investors intensified their demand for...
African Startups Raise $2.2bn in 2024 | Business Post Nigeria
2025年1月6日 · By Adedapo Adesanya Start-ups in Africa raised $2.2 billion in 2024 in funding across equity, debt and grants, lower than the $2.9 billion raised in 2023 by 25 per cent amid a continued slowdown after a peak of $4.6 billion recorded in 2022. The Big Deal noted that this excludes exits - which is when investors realise
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