Rahma Oladosu

Currency Outside Banks Rose To N3.08trn In Nov 2023 – CBN

Currency Outside Banks Rose To N3.08trn In Nov 2023 – CBN   Latest figures from the Central Bank of Nigeria (CBN), on Tuesday, revealed that cash outside banks experienced a 27.80 per cent increase, reaching N3.08 trillion in November 2023 from...

NNPCL Uncovers 83 Illegal Refineries In Niger Delta

NNPCL Uncovers 83 Illegal Refineries In Niger Delta   The Nigerian National Petroleum Company Limited (NNPCL) says it has in the past one week uncovered no fewer than 83 illegal refineries in the Niger Delta. The NNPCL disclosed this on its X...

Equity Investors Gain N1.8trn As Market Sets New Records

Equity Investors Gain N1.8trn As Market Sets New Records   The Nigerian Exchange Limited set new records at the close of trading on Tuesday as the benchmark index, the All-Share Index rose by 3.93 per cent to 87,971.09 points, a new...

‘How FG Save N8trn From Subsidy Removal, FX Reform’

'How FG Save N8trn From Subsidy Removal, FX Reform'   The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said the Federal Government will be saving N8tn annually from the fuel subsidy removal and exchange rate...

Naira Falls To 1300/$ At Parallel Market

Naira Falls To 1300/$ At Parallel Market   The naira tumbled to N1,300/$ at the parallel market on Tuesday. This is as it closed trading on the Peer-to-Peer cryptocurrency window at N1,315.3/$1 on the day. An Abuja Bureau de Change operator at Zone...

Dangote Refinery: Investors Gain N1.2trn This Week

Dangote Refinery: Investors Gain N1.2trn This Week   Equity investors in the stocks of companies under the Dangote Group have gained over 1.2tn during the first two trading sessions of this week. This marked increased appetite in the stocks of the companies...
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