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Market News
Dangote / NNPCL clash over N898/liter cost of petrol
In a new twist regarding Dangote Refinery and a claim credited to the representative of the Nigerian National Petroleum Company...
Dangote calls on African business leaders to drive the continent’s transformation
Africa is at a crucial inflection point, with the world’s youngest and fastest-growing population, rapidly expanding cities, and a growing...
Nigeria’s total Q2-2024 merchandise trade falls 3.7%
The National Bureau of Statistics (NBS) late Wednesday released Nigeria’s total merchandise trade for Q2-2024 which shows a fall of...
GTCO posts N1.004trillion H1 PBT, declares of N1.00 interim dividend p/s
The half-year report made public by Guaranty Trust Holding Company Plc (GTCO) shows earnings per share (EPS) rose to N32,...
South South records Highest Waterway Transport Fares
The recently released the National Bureau of Statistics (NBS) Transport Fare Watch report for July 2024, The South South zone...
Presidential Tax Committee Proposes VAT Increase By 2.5%
The Presidential Tax Reforms Committee, chairman Taiwo Oyedele, has announced plans to propose a law to the National Assembly that...
Zenith Bank N290bn Rights Issue, Public Offer ready for public subscription
In compliance with the revised minimum capital requirements for Nigerian commercial banks announced by the Central Bank of Nigeria (CBN)...
Edun | Q1 2024 records fastest growth in 6 years
The minister of finance and coordinating minister of the economy, Mr. Wale Edun, declared yesterday in Abuja at the newly...
CBN’s 50bps to 26.75% interest rate hike
The Tuesday July 24, 2024; Monetary Policy Committee (MPC) where members voted to raise the Central Bank’s interest rate by...
Q1-2024 Capital importation into Nigeria rises by 198.06% to US$3,40bn
The Q1-2024 report on ‘Nigeria Capital Importation’ indicates rising foreign investors’ confidence in Nigeria’s economic prospects and stability. According to...
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