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DecThe Central Bank of Nigeria (CBN) has warned that those abusing the naira were liable to go to jail. The apex bank said the law banning the “spraying” and the stepping on the naira, especially at social gatherings, is still in force and that offenders are liable to six months’ imprisonment or a fine of N50,000. Principal Manager, Currency […]
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DecThe Nigerian equity market on Wednesday bounced back from 0.09% decline of Tuesday as the All Share Index grew by 0.28% to settle at 48,988.04 points from the previous close of 48,853.54 points. Investors gained N73 billion as the Market Capitalisation was up by 0.27% to close at N26.682 trillion from the previous close of N26.609 trillion.[…]
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DecNigerian Breweries Plc at its recent Extraordinary General Meeting has proposed an increase in the company’s share capital and bonus issue of N1.03 billion to shareholders. In a statement available on the website of the Nigerian Exchange, the following resolutions were made by Nigerian Breweries: INCREASE IN SHARE CAPITAL “That the share capital of the company be[…]
