Nigerian Stock Market Records Fourth Decline As Investors At NGX Count Losses
Nigeria’s stock market has recorded four consecutive downturns within the week, with overall market performance declining by 0.11 percent on Thursday. During Thursday’s trading, the decline resulted in investors losing a significant N77 billion. This comes as the Nigerian Exchange Ltd. (NGX) market capitalisation fell by N77 billion, or 0.11
Group Backs NNPCL’s Reforms As Fuel Price Drop
A Niger Delta anti-pipeline vandalization group has backed the reforms championed by the Nigerian National Petroleum Company Limited to stabilise the country’s oil and gas downstream sector. The National Coordinator, Anti-Pipeline, Oil Theft & Illegal Bunkering Task Force, Pathfinder Fiawei, made this known in a statement on Tuesday. According to
Naira Appreciates Across Official, Black Markets To Begin On A Good Note
The naira appreciated against the dollar across parallel and official foreign exchange markets on Monday to begin the week on a good note. Data from the Central Bank of Nigeria showed that the naira appreciated to N1,497.11 per dollar on Monday from N1500.7 traded on Friday last week. This showed
Access Bank Gives Update As Nigerians Lament Service Disruptions
Nigeria’s leading commercial bank, Access Bank, has announced that customers can now transact online, withdraw cash at Automated Teller Machines, ATMs, and make Point of Sale, POS payments with its ATM cards, following a service disruption on Sunday. Access Bank disclosed this in a statement on Sunday after hours of
Naira Records First Depreciation Against Dollar Across FX Markets
The Naira dropped slightly against the dollar to end the week at both the official and parallel foreign exchange markets for the first time in the last five days. Central Bank of Nigeria exchange rate data showed that the Naira dropped to N1,500.7 against the dollar on Friday from N1,500.5
Commonwealth Peace Prize of £50,000 Was Won By Two Nigerians
Two Nigerians, James Wuye and Muhammad Ashafa, won the inaugural Commonwealth Peace Prize of £50,000. Accordingly, Wuye and Ashafa, the co-founders of the Interfaith Mediation Centre were recognised for their exceptional contributions to “peacebuilding and reconciliation” in Nigeria. The Commonwealth Secretary-General, Patricia Scotland, announced their win on Wednesday in a
Cardoso — Nigeria’s Inflation Drop Reflects Reality Of Consumption Patterns
The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso said Nigeria’s current Consumer Price Index is reflective of the reality of consumption patterns. Cardoso made this known on Thursday during a press briefing at the end of the 299th Monetary Policy Meeting in Abuja. His comments came as Nigeria’s
Naira Appreciates To N1,500 Per dollar At Black Market
The Naira has continued its appreciation streak against the dollar at the parallel foreign exchange market. This comes as the Naira strengthened to N1,500 against the dollar in the black market on Thursday from N1,505 exchanged on Wednesday. A Bureau de Change operator in Wuse Zone 4, Abubakar Alhasan, told
Why High-End Businesses Are Investing in Tailored ERP Systems
“In the competitive world of high-end businesses, tailored ERP systems are the secret weapon driving efficiency and growth.” Introduction: The ERP Adventure Begins You’re the CEO of a luxury fashion brand, and your business is booming. Orders are flooding in, customer demands are evolving, and your team is working around
Bespoke Analytics Dashboards: A Game-Changer for Real-Time Business Insights
“In the fast-paced world of modern business, bespoke analytics dashboards are the ultimate tool for gaining real-time insights and staying ahead of the competition.” Introduction: The Story Behind the Dashboard Revolution It’s Monday morning, and you’ve just walked into your office. Coffee in hand, you sit down at your desk,
