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CBN Earmarks N41bn For Dry Season Wheat Farming

CBN Earmarks N41bn For Dry Season Wheat Farming   The Central Bank of Nigeria (CBN) has earmarked N41billion, which is being disbursed by Heritage Bank Plc to farmers across multiple states for the expansion of wheat production projects and to meet the growing demand for wheat. The...

Nigeria Can Earn N41bn Annually From Jewellery Export – Minister

Nigeria Can Earn N41bn Annually From Jewellery Export – Minister   The Minister, Mines and Steel Development, Arc Olamilekan Adegbite, has said the development of the local jewelry industry can improve Nigeria’s exports by over N41 billion ($100 million). The minister disclosed this in his keynote address...

Stock Market Gains N41bn As Trading Volume Rises By 95%

Stock Market Gains N41bn As Trading Volume Rises By 95%   The market capitalisation of equities in the Nigerian Exchange Limited rose by N41.06bn on Thursday as investors’ trading volume jumped by 94.79 per cent. The NGX All-Share index appreciated by 0.19 per cent from 41,051.19 basis...

Equity Market Extends Downturn With N41bn Loss

Equity Market Extends Downturn With N41bn Loss       Transactions in the Nigerian equity market on Monday closed negative, as losing streak extended to the fourth consecutive trading days, following sell-off on some high valued stocks. However, the market breadth closed negative, recording 13 gainers and 16 losers. Consequently,...

Stock Market Gains N41bn, Shrugs Off Bearish Sentiment

Stock Market Gains N41bn, Shrugs Off Bearish Sentiment   The equities market has shrugged off bearish sentiments, gaining N23bn on Tuesday and N18bn on Wednesday as 24 stocks climbed, outperforming losses in 10 stocks. The market capitalisation of equities increased from N12.883tn on Monday to N12.906tn on...

States Failed To Remit N41bn VAT – FIRS

States Failed To Remit N41bn VAT – FIRS   The Federal Inland Revenue Service has accused state governments of failing to remit Value Added Tax to the tune of N41bn to the Federal Government’s coffers. The Jigawa State Governor, Abubakar Badaru, disclosed this to State House correspondents...