Nigeria should be producing more food to stabilize food prices, while creating jobs and reducing foreign exchange spending July 15, 2024/AfDB The President of the African Development Bank Group Dr. Akinwumi Adesina has said the decision by Nigeria’s government to allow massive food importation risks destroying the country’s agriculture. This […]
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Intraday Update: Nigerian Stocks Gain +0.18%, Buoyed by Blue Chips
July 15, 2024/InvestmentOne Update ASI as at 12.00pm: 0.18% Top Gainers and Losers: CUTIX (+10.0%), LEARNAFRICA (+10.00), REDSTAREX (-9.80%) and DAARCOMM (-8.77%). Sector Performances: Banking (+1.52%), Oil & Gas (+0.01%), Industrial (-0.02%) and Consumer Goods. Market activity: In today’s trade, total volume increased by 4% while total value decreased by 138%, when compared to the […]
CBN Sells $122.671Million to 46 Authorised Dealers
July 12, 2024 By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) said it sold $122.67 million to 46 authorised dealers to promote stability and reduce volatility in the foreign exchange market. “Consequently, a total sum of US$122,671 million was sold to Authorised Dealers between July 10-11, 2024, of the […]
