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JunThe Nigerian stock market on Tuesday halted five sessions of downtrend, occasioned by growth in the price of Dangote, Seplat and other 12 stocks. The All Share Index rose by 0.66% to close at 51,091.75 points from the previous close of 50,756.74 points. The Market Capitalisation climbed by 0.66% to close at N27.544 trillion from the […]
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JunRecent report by IATA has revealed that foreign airlines are unable to repatriate their revenues of about $450 million. According to IATA, CBN restricted the funds to allow for foreign currency to be used for imports of essential goods and services as well as for investors looking to repatriate dividends. The IATA official, Kamal Al Awadhi described[…]
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JunPetrol scarcity has caused residents in Lagos to spend hours waiting on queues in filling stations at various locations in the state. The number of commercial vehicles plying the roads was less compared to a regular business day, leaving many passengers stranded at various bus stops. While some were forced to pay extra fares for transportation, others[…]
