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Wednesday, October 30, 2024

CATEGORY

Business

Eid-El-Fitr: Naira Stabilises At Bureau De Change Segment

The naira at the weekend maintained its stability in the foreign exchange market at an average of N365 per dollar $1 in the Bureau...

Naira Remains Stable This Week At Parallel Market

The ​N​aira ​on Thursday remained stable at N364 per dollar in the parallel market. ​There was no significant increase or decrease in the figure all...

FG, Dangote Sign N4.3bn MoU For Rebuilding Of Apapa Wharf Road

BY GEORGE OKOJIE, Lagos The federal government and Dangote Flour Mills companies yesterday signed a Memorandum of Understanding (MoU) to construct a two kilometres road...

Ecobank Shareholders Approve $400m Bond To Strengthen Capital Position

BY OTUNG GABRIEL, Abuja Shareholders of Ecobank Transnational Incorporated (‘ETI’), the parent company of the Ecobank Group, have approved the issue of up to $400...

Manufacturers Brace Up For 4% Growth In Capacity Utilisation

By OLAJIDE FABAMISE, Lagos The Manufacturers Association of Nigeria (MAN) has said that Capacity utilisation in the manufacturing sector is expected to grow by four...

Naira: Nigeria’s External Reserves At 3-Month Low, Now $30.22 Billion

Nigeria’s external reserved has dropped to $30.22 billion, despite consistent interventions to bolster the Naira at the foreign market. The figure, which is the lowest...

Naira Appreciates By N2 In The Parallel Exchange Market

In response to increased dollar supply, the Naira has appreciated from N366 to N364 per dollar in the parallel exchange market. The Naira which had...

FG Spends N7.1trn On Debt Service In 8 Years

The federal government has spent a whopping N7.1 trillion on debt servicing alone in the last eight years. The figure is cumulative of the amount...

Naira Gains Seven Points Against Dollar After CBN Intervention

The Naira on Tuesday appreciated to N363 per dollar in the parallel market. Naira dropped to N363 per dollar from N370 per dollar on Monday...

FIRS Introduces 6 Online Tax Solutions

The Federal Inland Revenue Service (FIRS) has introduced six key electronic solutions (e-Services) to enhance convenience, transparency and round the clock processing and payment...

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