Emmanuel Saviour In a development, the Economic and Financial Crimes Commission (EFCC) has successfully recovered N30 billion from the alleged N37.1 billion laundered in the Ministry of Humanitarian Affairs under…
Category: Business
NGX Continues Bullish Run As ASI Appreciates By 1.57%
In a surge, the Nigerian Stock Exchange (NGX) maintained its bullish momentum, propelling the All-Share Index to a 1.57% gain, closing at 104,421.23 points. Dangote Sugar took the lead with…
FG Raises Cargo Clearance Exchange Rate To N1,356/$
In a move, the Federal Government, acting through the Central Bank of Nigeria, has elevated the exchange rate for cargo clearance from N952/$ to N1.356 per dollar. This development follows…
Warri Refinery Nears Completion Amidst National Petroleum Revitalization Efforts
In a development, the Nigerian National Petroleum Company Limited (NNPCL) confirmed that the long-awaited mechanical completion of the Warri Refining and Petrochemical Company is anticipated in the first quarter of…
Maintaining Healthy Diet For Nigerians Soars From N703 To N786- NBS
The National Bureau of Statistics (NBS) disclosed yesterday that the average cost of maintaining a healthy diet for Nigerian adults has surged from N703 in October to N786 in December…
NGX: Banking Stocks Lead Gainers As ASI Gains 1.63%
The NGX witnessed a resurgence today, shaking off the week’s bearish trend. Banking stocks spearheaded the rally, propelling the All-Share Index to a notable 1.63% gain, closing at 102,802.25 points.…
It is Heartbreaking That Some Clowns are Celebrating As Naira Depreciates- VP
Vice President Kashim Shettima has expressed deep concern and disappointment over the reaction of some individuals to the recent depreciation of the Nigerian naira. In a passionate speech delivered in…
Sell Excess Dollar In 24hrs, CBN Orders Banks
In a move to stabilize the nation’s exchange rate, the Central Bank of Nigeria (CBN) has issued a directive compelling Deposit Money Banks to sell their excess dollar stock by…
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