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MayDangote Refinery, Nigeria’s crown jewel in the energy sector, is revving up for a groundbreaking move. A dual listing on both the London and Lagos stock exchanges. This ambitious decision, as a senior executive reveals, underscores the grand vision of Africa’s wealthiest individual, Aliko Dangote, who spearheaded the refinery’s creation. In a recent interview, Dangote hinted at […]
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MayThe Nigerian Exchange Limited (NGX) reported that the total transactions in Nigeria’s equity market decreased by 36% in April, amounting to N346.23 billion. This decline, from N538.54 billion in March, is indicative of cautious investor sentiment due to ongoing market volatility. The NGX All-Share Index notably plummeted by N3.57 trillion in April, largely influenced by policy announcements[…]
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MayInflation refers to the sustained increase in the general price level of goods and services in an economy over a period of time. The consistency of the general price level can wreak havoc on personal finances and the broader economy. Nigeria’s economy, faced with soaring inflation rates, challenges the conventional wisdom of keeping money in a bank[…]
