Recent Posts

NGX: Equities Market Consolidates profits with profit N764 billion for investors

Investors in the Nigerian equity market obtained the N764 billion at the close of trade on Tuesday. This follows the surge in stock prices such as Dangote Sugar, Okomu Oil Palm and UPDC PLC, among others, on the trading floor. The Benchmark All-Share Index (ASI) increased to 119,790.82 points from 118,579.65 points recorded on the previous day. After five hours …

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Once again, the Senate extends the duration of the 2024 budget

The Senate, Tuesday, extended the period of implementation of the capital component N13.1trilion of the N34Trilion 2024 budget after one previously done, in December last year. The implementation period for the capital component of the budget was previously set for January 1, 2024 to 31 December 2024, but extended in December 2024 to 30 June 2025. However, in the light …

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Naira spilled N0.51 against the dollar in the official window

Nigeria’s currency, Naira, slumped further against the US dollar in an official window on Tuesday. Nigerian central bank data (CBN) shows that Naira is closed on N1, 549.03/$ 1 compared to N1.548.52/$ 1 which is traded on Monday. This is the loss of N0.51 for local currencies against American Greenback. In the black market, Naira obtained N5 against dollars to …

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The organizers move Africa Infrastructure & Climate Change Summit from 2025 to 11 to 14 August, reprogrammed for 11 to 14 August

The organizers move Africa Infrastructure & Climate Change Summit from 2025 to 11 to 14 August By Raphael Ekpang Abuja (Reporter Core) The Organizer of Africa Infrastructure and Climate Change Summit (AICIS) announced the postponement of the top previously scheduled for June 23 between 11 and 14 August at the Nicon Luxury Hotel, Abuja, Nigeria. This was announced on Monday …

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