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SepThe Nigerian stocks market on Wednesday closed higher as the All Share Index appreciated by 0.02% to settle at 49,171.70 points from the previous close of 49,163.81 points. The Market Capitalisation was up by 0.05% to close at N26.531 trillion from the previous close of N26.519 trillion, thereby gaining N12 billion. An aggregate of 101.6 million units […]
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SepThe Lagos Chamber of Commerce and Industry has advised the Federal Government to remove fuel subsidies and implement the Petroleum Industry Act. According to the Vice President, LCCI, Gabriel Idahosa, fuel subsidies should be removed because it was no longer sustainable, noting that its removal was fundamental to the growth of the downstream sector. “The Chamber, noting[…]
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SepCapital Hotels Plc has notified its Shareholders and other Stakeholders that 22 Hospitality Ltd has successfully acquired 1,611,995,510 Ordinary Shares of 50 kobo each representing 51% of the equity share capital of the Company through Private Placement. All the required regulatory approvals have been received for the transaction. In addition, 22 Hospitality Limited also bought 456,641,337, and[…]
