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Court dismisses case seeking to restrain Nigerians from continuing #EndBadGovernance protests
The Federal High Court sitting in Abuja has dismissed an application seeking an order of interim injunction restraining Nigerian protesters...
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One year after floating Naira, NGX market cap drops by $27.8 billion
About one year after the move by the Central Bank to float the Naira and achieve a unified exchange rate,...
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MeCure reports 38% rise in revenues as cost mute profit growth
MeCure Industries PLC released its 2024 second quarter results, reporting a pre-tax profit of N1.33 billion.
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CBN sells $876.26 million at N1,495/$1 to 26 banks in latest Retail Dutch Auction
The Central Bank of Nigeria (CBN) has sold $876.26 million at N1,495/$1 to 26 qualified banks in its latest Retail...
Read moreCBN approves bailout for Unity Bank -Providus Bank merger
The Central Bank of Nigeria (CBN) has granted approval for financial accommodation to support the proposed merger between Unity Bank...
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Jumia records $20.2 million operating loss in Q2 2024 as revenue decline
Africa’s e-commerce group, Jumia, posted a $20.2 million operating loss in Q2 2024 amid a 17% decline in revenue.
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MTN Nigeria falls to lowest price in 3 years as NGX suffers, joins global stock market crash
A global stock market crash which started on Friday is gradually spreading to the NGX as midday trading data shows...
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Nigeria’s exchange rate records best gain in two weeks, closes at N1,570/$1 on Thursday
The naira surged to N1,570/$1 on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window on Thursday, marking an increase of...
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National average cost of healthy diet rises by 19.2% in one month
The National Average Cost of a Healthy Diet (CoHD) in Nigeria saw a sharp increase in June 2024, climbing to...
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Nigeria’s currency in circulation exceeds N4 trillion in June 2024, first time in history
The latest data from the Central Bank of Nigeria (CBN) shows that the currency in circulation (CIC) reached a year-high...
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