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The Nigerian naira, Wednesday, November 29, 2023, recovered from a three-day consecutive slump to gain N50.41 against the dollar to close at N831.47/$1 at the official Nigerian Autonomous Foreign Exchange Market (NAFEM) window. The domestic currency appreciated 6.06% to close at N831.47 to a dollar at the close of business on Wednesday, data from the NAFEM where forex is officially …

Here are the top 10 stories making headlines across the country. 1. Tinubu writes Senate seeking approval for fresh $8.7bn, €100m loans President Bola Ahmed Tinubu, on Tuesday, sought the approval of the Senate for a fresh $8.7bn and €100 million loans.Read more 2. Emefiele’s case adjourned till Jan 18, returned to prison custody The Federal Capital Territory High Court, …

Trading activities on the floor of the Nigerian stock market ended on Tuesday with the All-Share Index dropping by -0.44%. After five hours of trading today, the ASI decreased to 71,041.05 from 71,353.81 posted by the bourse the previous day. Similarly, the market capitalization decreased today by N164.76 billion to N38.87 trillion from N39.040 trillion recorded at the close of …

The Federal Capital Territory High Court, on Tuesday, adjourned till January 18, 2024, the trial of a former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Ripples Nigeria reports that Emefiele is being tried for alleged procurement fraud. Emefiele was accused of using his position to confer a corrupt advantage on Sa’adatu Yaro, a staff member of the …