Business

Naira gains 5.97% against dollar at official market

The naira appreciated against the dollar by 5.97 per cent at the official market on Wednesday, March 27, 2024. The…

2 years ago

Tinubu orders single-digit tax system in Nigeria

President Bola Tinubu has given a directive for a single-digit tax system in Nigeria. The Chairman of the Federal Inland…

2 years ago

Nigeria’s public debt stock hits N97.34trn in Q4 2023

Nigeria’s public debt stock increased from N87.91 trillion ($114.35 billion) in the third quarter of 2023 to N97.34 trillion ($108.23…

2 years ago

Naira gains, exchanges at N1,382 against dollar

The naira experienced a further appreciation at the official market, trading at N1,382.95 to a dollar on Tuesday, March 26,…

2 years ago

CBN raises interest rate to 24.75%

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 200 basis points to 24.75 per…

2 years ago

Stock market transactions drop by 20.04% as investors lose N289bn

The stock market experienced a 20.04 per cent decline in transaction value on Monday, March 25, 2024. Dangote Sugar and…

2 years ago

CBN orders BDCs to sell dollar at N1,269

The Central Bank of Nigeria (CBN) has directed each Bureau de Change (BDC) operator to sell dollars to eligible customers…

2 years ago

FG files tax evasion charges against Binance

The Federal Government has initiated criminal proceedings against Binance, a prominent cryptocurrency exchange platform. The charges, filed at the Federal…

2 years ago

GTCO, Zenith Bank, FBN Holdings raise stock market by N147bn

The Nigerian stock market witnessed a significant boost in performance on Friday, March 22, 2024, propelled by gains in tier-one…

2 years ago

Naira gains against dollar, exchanges at N1,431

The naira experienced a slight appreciation at the official market, trading at N1,431.49 to a dollar on Friday, March 22,…

2 years ago

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