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MayShareholders of Unilever Nigeria Plc have approved the Board of Directors’ recommendation for a full-year dividend of N4.309 billion, translating to a dividend payout of 75 kobo per share. The approval came at the company’s 99th Annual General Meeting (AGM) held in Lagos. This dividend represents a significant increase of 200% compared to the 25 kobo dividend […]
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MayOlayemi Cardoso, the Central Bank of Nigeria (CBN) governor, indicated that interest rates would remain elevated until the inflation rate diminishes. In a report by the Financial Times on Monday, Cardoso also mentioned that orthodox policies would be employed to curb inflation. In March, Nigeria’s inflation rate surged to 33.20 percent from 31.70 percent in February. Consequently,[…]
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MayTHE NIGERIAN STOCK EXCHANGE MARKET REPORT FOR MAY 6th – 10th, 2024 Investors traded a lot more shares last week compared to previous week. They bought and sold a total of 2.19 billion shares last week, which is 12.68% more than the 1.94 billion shares traded the previous week. The value of those shares also went up[…]
