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JulThursday’s trading activities on the floor of the Nigerian stock market closed bearish as the All Share Index declined by 0.31% to close at 65,482.91 points from the previous close of 65,687.16 points. The Market Capitalisation declined by 0.31% to close at N35.635 trillion from the previous close of N35.746 trillion, thereby shedding N111 billion. An aggregate […]
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JulThe Central Bank of Nigeria (CBN) has said that it is “slowly” phasing out old N200, N500 and N1,000 notes with redesigned ones. Acting CBN Governor, Folashodun Shonubi said there is an “optimal level of currency” in circulation and what is being done at the moment is replacing worn out notes with new ones. “We believe that[…]
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JulCadbury Nigeria Plc recently published its Second Quarter report for the period ended 30 June 2023. The Company reported a N35.61 billion for the 6 months period, up by 27.73% from N27.877 billion reported the previous year. Cadbury declared a loss after tax of N14.539 billion for the 6 months period against the profit after tax of[…]
