01
JunThe Nigerian stocks market on Wednesday closed higher as the All Share Index rose by 0.06% to settle at 53,086.46 points from the previous close of 52,908.24 points. The Market Capitalisation was up by 0.35% to close at N55.769 trillion from the previous close of N55.738 trillion, thereby gaining N17 billion. An aggregate of 661.5 million units […]
30
MayPresident Bola Tinubu in his first address to the nation has said that the naira redesign policy by the Central Bank of Nigeria (CBN) would be reviewed. According to him, “the currency swap was too harshly applied by the CBN given the number of unbanked Nigerians. “The policy shall be reviewed. In the meantime, my administration will[…]
30
MayThe Nigerian National Petroleum Company Limited (NNPCL) has said it is in support of the pronouncement of President Bola Tinubu on the removal of fuel subsidy. The President, in his inaugural address on Monday, had declared an end to the era of subsidy payment, saying the 2023 budget made no provision for fuel subsidy, so further payment[…]
