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NSE market capitalisation loses N210 billion

The bears remained on rampage on the Nigerian Stock Exchange (NSE) on Wednesday with the All-Share Index dropping below 30,000 mark due to persistent...

Over 70% of rice in Nigerian markets are foreign

Despite concrete and visible interventions of the Central Bank of Nigeria (CBN) via the Anchors Borrowers Programme (ABP) on the rice sub-sector of the...

How Kwara government partners IBEDC to restore electricity in 32 communities

According to report, the Kwara Government says it is partnering with the Ibadan Electricity Distribution Company (IBEDC) to restore electricity in 32 communities that...

CAC registers 3,098,193 companies in 28 years

The Corporate Affairs Commission (CAC) said it had registered 3,098,193 companies and firms in Part A, B and C categories from its inception in...

Pound rebounds above $1.32 on Brexit deal hopes

Sterling rallied above $1.32 on Tuesday on fresh hope that British Prime Minister Theresa May would avoid a chaotic no-deal Brexit, while global stock...

Uber confirms it’s acquiring Middle East rival Careem for $3.1 billion

Uber has confirmed rumors that it’s building out its presence in the Middle East, Africa, and Asia by acquiring Dubai-based ride-hailing service Careem. Reports first...

Restrictions on textile products excite Enugu Chamber

The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) has praised the federal government for placing restrictions on the importation of textile goods. Mr...

Forex ban without measures in place‘ll encourage smuggling

Mr Emeka Okereke, Director-General, Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA), has praised the initiative of the Central Bank of Nigeria which...