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Supreme Court Affirms Umahi As APC Candidate For Ebonyi South
adminDecember 11, 2022
The Supreme Court of Nigeria on Friday affirmed the Ebonyi State Governor, Dave Umahi, as the authentic candidate of the All Progressive Congress, APC, for the Ebonyi South Senatorial District…Read More
Naira Plunges as Foreign Currency Demand Rises
adminDecember 10, 2022
Naira Plunges as Foreign Currency Demand Rises The equilibrium position in the foreign exchange market shifted against the Nigerian local currency on Thursday as demand pressures greeted the investors’ and…Read More
Sub-Saharan Africa 5G Subscriptions to Hit 150m
adminDecember 10, 2022
Sub-Saharan Africa 5G Subscriptions to Hit 150m Ericsson, a Swedish multinational telecommunications company, has projected that 5G subscriptions in Sub-Saharan Africa (SSA) will grow from seven million in 2022 to…Read More
NGX Ends Rallies as Investors Dump MTN, GTCO
adminDecember 10, 2022
NGX Ends Rallies as Investors Dump MTN, GTCO Trading activities on the Nigerian Exchange (NGX) closed negative on Thursday with a loss of 0.13 per cent, ending a four-day rally…Read More
Crude Oil Prices Jump as China Eases Covid-19 Policy
adminDecember 10, 2022
Crude Oil Prices Jump as China Eases Covid-19 Policy Crude oil prices rise on an expected increase in demand as China eases the ‘zero-COVID’ policy after protests and a reduction…Read More
Companies Jostle for Ajaokuta as FG Pays $496mn Judgement Settlement
adminDecember 10, 2022
Companies Jostle for Ajaokuta as FG Pays $496mn Judgement Settlement The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, says 11 companies are presently involved in the concession bid…Read More
Mistakes People Make About Stock, Crypto Market Gyration
adminDecember 10, 2022
Mistakes People Make About Stock, Crypto Market Gyration Do big gyrations in the stock or cryptocurrency market bother you? Is it painful to see a portion of your life’s savings…Read More
Nigeria’s Bond Trades Flat, Naira Falls Slightly
adminDecember 10, 2022
Nigeria’s Bond Trades Flat, Naira Falls Slightly Trading activities on Nigeria’s bond traded on a relatively flat note midweek, albeit with a bullish tilt, as investors, and fixed income traders…Read More
Treasury Bills Rate Drops to 13.05% at CBN Auction
adminDecember 10, 2022
Treasury Bills Rate Drops to 13.05% at CBN Auction Proceeding at the Central Bank of Nigeria (CBN) primary market auction (PMA) on Wednesday ended with rates cut across Treasury bills…Read More
Dollar Slides amidst Economic Concerns, Yuan Strengthens
adminDecember 10, 2022
Dollar Slides amidst Economic Concerns, Yuan Strengthens The U.S. dollar weakened slightly against major currencies on Wednesday amid concerns that rising interest rates could push the U.S. economy into recession,…Read More
NGX Maintains Upbeat as Geregu, Nestlé Rally
adminDecember 10, 2022
NGX Maintains Upbeat as Geregu, Nestlé Rally The Nigerian Exchange (NGX) performance has continued to keep investors in a happy mood, a development that started in November 2022 despite a…Read More
Nigeria’s Total Debt Hits N44.06tr
adminDecember 10, 2022
Nigeria’s total debt stock has risen to N44.06 trillion on the back of borrowings by Federal and State Governments. A statement by the Debt Management Office yesterday in Abuja explained:…Read More