Business

FG, States, LGs share N1.298trn September revenue

The Federation Accounts Allocation Committee (FAAC) has shared a total sum of N1.298 trillion as September 2024 Federation Accounts Revenue…

2 years ago

Investors lose N148bn to selloffs at stock market

The Nigerian stock market reversed its gain on Wednesday, October 16, 2024, losing N148 billion or 0.25 per cent amid…

2 years ago

Stock market records N197bn gain

The Nigerian stock market extended its positive momentum on Tuesday, October 15, 2024, posting a 0.33 per cent gain. This…

2 years ago

Naira trades N1,658/$ at official market

The naira, on Tuesday, October 15, 2024, depreciated at the official market, trading at N1,658.97 to the dollar. Data from…

2 years ago

Nigeria’s inflation rate rises to 32.7%

The National Bureau of Statistics (NBS) has declared that Nigeria’s inflation rate increased to 32.7 per cent in September 2024.…

2 years ago

NGX suspends trading of Transcorp shares as investors gain N46bn

The Nigerian Exchange Limited (NGX) has suspended trading in the shares of Transnational Corporation Plc (Transcorp). The NGX, in its…

2 years ago

Investors gain N74bn at stock market

To end the week, the stock market, on Friday, October 11, 2024, rebounded from previous losses, adding N74 billion to…

2 years ago

Naira trades N1,641/$ at official market

The naira, on Friday, October 11, 2024, depreciated at the official market, trading at N1,641.27 to the dollar. Data from…

2 years ago

IMF lowers borrowing costs by $1.2bn annually

The Executive Board of the International Monetary Fund (IMF) has approved to lower the Fund’s borrowing costs for members by…

2 years ago

Stock market transactions decline by 33.09%

The value of transactions on the Nigerian stock market declined by 33.09 per cent on Thursday, October 10, 2024. Investors…

2 years ago

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