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Stock market dips by 1.2% amid profit-taking

The Nigerian Exchange Ltd. (NGX) on Tuesday witnessed further drop in market indices by 1.2 percent, amid sustained negative investment sentiments. Specifically, the NGX All-Share...
Business

Dangote Cement to pay N340 dividend to shareholders

Dangote Cement Plc has revealed that its shareholders will receive about N340 billion dividend for the financial year 2022. The shareholders at the Annual General Meeting,...
Business

PENGASSAN pegs petrol pump price at N360/N400 after subsidy removal

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says a litre of Premium Motor Spirit (PMS) commonly known as petrol should...
Business

Naira drops against dollar at Investors, Exporters window

The naira depreciated against the dollar on Monday, exchanging for N461.50 at the investors’ and exporters’ window. The rate represented a decrease of 0.04 percent...
Business

Elon Musk devalues Twitter, says platform on verge of bankruptcy

Elon Musk has put the current value of Twitter at $20 billion, less than half the $44 billion he paid for the social media...
Business

Insurance: Experts commend consistent increase in claims payment, gross income

Some experts in the insurance industry have commended the consistent increase in gross income and settlement of claims by insurance companies. Some of the experts...
Business

MTN, TECNO collaborate to empower Nigerians with 5G network speeds

The younger generation is known for their high energy and active lifestyle, making them the perfect fit for the fast-paced world of the 21st...
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