The naira on Friday appreciated against the dollar at the Investors and Exporters window, exchanging at 445.67. The figure represents an increase of 0.02 per cent compared with N445.75 to the dollar on Thursday. The open indicative rate closed at N444.42 to the dollar on Friday. An exchange rate of …
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The year is ending, and you’re wondering “what has the Comms Unit REALLY contributed to our business growth in 2023?” As budgets are prepared and defended, and appraisals ahead of possible promotion get underway – this is the time when tough questions will be asked. As a CE, how are …
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The Minister of Finance, Budget and National Planning, Zainab Ahmed, says the Federal Government will do away with petroleum subsidy by June 2023. Ahmed said this on Tuesday in Abuja during a press conference to mark the end of the 28th National Economic Summit. The News Agency of …
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Analysts in the financial sector, yesterday, projected a further pressure on inflation rate to 21.5 percent in November 2022 after the National Bureau of Statistics, NBS, yesterday, announced 21.09 per cent for the month of October 2022. They cited the rising cost of energy and flooding, which affected many food …
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THE increase in the price of fuel, scarcity of foreign exchange, and disruption in food supply chain pushed headline inflation to a new record high of 21.09 per cent in October, according to the National Bureau of Statistics. This is 0.32 per cent higher than 20.77 per cent reported in …
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Nigeria’s inflation rate has jumped from 20.77% in September 2022 to 21.09% in October 2022 as the country battles with soaring food prices. The National Bureau of Statistics (NBS) revealed this on Tuesday in its Consumer Price Index (CPI) report for October, noting that food inflation was 23.72% in October …
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Toni Kan, PR expert, writer and journalist has resigned from his Head of Public relations role at Globacom. The resignation takes effect from Monday November 14, 2022. He joined Globacom in February 2022. Toni Kan has had an extensive and multi-disciplinary public relations and communications career which has spanned banking …
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The domestic bourse ended the week on a positive note, as market capitalisation gained N14 billion or 0.06 per cent to close at N23.948 trillion from N23.934 trillion recorded the previous days. Also, the All-Share Index (ASI) gained 25.93 points or 0.06 per cent to close at 43,968.75 points compared …
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As ongoing petrol shortage in Abuja and other northern states showed no sign of abating, petroleum marketers have blamed supply gap and high cost of foreign exchange for the scarcity of the product. Petrol queues had resurfaced about five weeks ago with the government attributing the shortage to flood incidents …
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The Bank Customers Association of Nigeria, BCAN, has appealed to the Central Bank of Nigeria, CBN, to extend the deadline for returning of the old notes, as the nation gear up for the introduction of new Naira notes and phase out of old ones. Speaking to Newsextra24 on the readiness …
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