16

Mar

Nigeria’s inflation rate rises to 15.70%

Report published by the National Bureau of Statistics revealed that the Consumer Price Index (CPI) which measures inflation, increased to 15.70 percent in February 2022 from 15.60 percent reported in January 2022. Year on year, this is 1.63 percent points lower compared to the rate recorded in February 2021 (17.33) percent. This means that the headline inflation […]

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16

Mar

Stock market dips by 0.19% as MTN, others shed weight

The stock market on Tuesday closed on a bearish note, occasioned by profit taking in MTN Nigeria and 21 other stocks. The All Share Index declined by 0.19% to close at 47,340.86 points from the previous close of 47,428.67 points. The Market Capitalisation closed at N25.514 trillion, down by 0.18% from the previous close of N25.561 trillion,[…]

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15

Mar

Berger Paints announces resignation of Victor Olusegun as Independent Non-Executive Director

Berger Paints announces resignation of Victor Olusegun as Independent Non-Executive Director Berger Paints has notified the Nigerian Exchange and the investing public, that Mr. Victor Olusegun Adeniji, an Independent Non-Executive Director of Berger Paints Nigeria Plc (the Company), has resigned from its Board effective March 9, 2022, due to personal reasons. The Board remains appreciative of his[…]

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