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Nigeria Economy To Slip to 4th Place Following Currency Devaluation - IMF
The International Monetary Fund recently released statistics showing that Nigeria's economy, the largest in Africa in 2022, is projected to drop to fourth place this year due to a series of currency d...
NGX Gains N57 Billion After Eight Consecutive Loss to Defy Market Analyst's Predictions
The Nigerian Stock Market closed its eighth consecutive loss with an N57 billion win, which can be attributed to investors' demand for FBN Holdings (FBNH) Plc and 16 others.The NGX All-Share Index (AS...
Layoffs Hit as Nigerian Breweries Plc Moves to Shut down Two Plants
Nigerian Breweries, one of the biggest beer manufacturers, announced on Tuesday in its recent note to the Nigerian Exchange Limited that it will proceed to restructure its entire business in response ...
NGX Starts With N304 Billion Loss to Satisfy Market Analysts Predictions
The Nigerian stock market opened this week with a continuation of bearish sentiment. The benchmark indices at the Nigerian Exchange (NGX) indicated an average decline of 0.53%, equivalent to net capit...
Nigeria's Inflation Hits 33.20% in March 2024 - NBS
The National Bureau of Statistics (NBS) reported Monday that Nigeria's annual inflation rate rose to 33.20% in March from 31.70% in February.According to the statistics office, the headline inflation ...