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Business - Page 639

First HoldCo, Lasaco Add N244.61bn To Nigerian Stock Market

The Nigerian Exchange Limited (NGX) said the market capitalisation for the stock market increased to N95.52 trillion on Wednesday, December 17, from the N95.28 trillion posted on Tuesday, December 16, representing a N244.61 billion gain. About 383.71 basis points were added to

December 17, 2025

Business

Nigerian Gov’t Bans Use Of Foreign Models, Others In Advertisement

The Director-General of the Advertising Regulatory Council of Nigeria (ARCON), Olalekan Fadolapo, has warned advertisers against using foreigners to promote their products and services. Fadolapo, in a statement released on Monday, said the use of foreign models and voice-over artists in Nigerian-focused

August 23, 2022

Business

IMF Warns Cryptocurrency Risk Might Affect Stock Market Investors

International Monetary Fund (IMF) said retail and institutional investors in the equity markets are at risk as cryptocurrency volatility is spilling over into the stock exchange, and it has started in Asia. IMF, in a blog post authored by its Managing Editor,

August 23, 2022

Business·Markets

Nigerian Stock Market Capitalisation Falls To N26.61 trillion

Nigerian market capitalisation closed at N26.61 trillion, after the bourse depreciated by -0.05 percent on Monday, losing N13.99 billion from the previous day’s N26.62 trillion. The crash was on the back of the All-Share Index losing 25.95 basis points from Friday’s 49,370.62

August 22, 2022

Business

Forex Scarcity: Foreign Investors Shun Nigerian Companies

Forex scarcity is forcing foreign investors to reduce their level of transactions in the Nigerian stock market by -37.24% between January to July, falling behind the value of trades conducted by their domestic counterparts, which rose by 1.70% year-on-year. According to a

August 22, 2022

IMF Asks Nigeria, Others To Charge VAT, Capital Gains Tax On Crypto Assets

Business·News

Cryptocurrency Hackers Raise Theft By 58.33%

Cryptocurrency hackers have stolen $1.9 billion worth of cryptocurrency between January and July 2022, indicating stakeholders in the digital asset market have been unable to reduce the risk associated with crypto trading. The value of cryptocurrency stolen is 58.33% higher than the

August 22, 2022

Business

Nigerian Gov’t Grants Mafab Communications 5-month Extension To Roll Out 5G Network

The Nigerian Communications Commission (NCC) has extended Mafab Communications’ 5G rollout timeframe, as the company announces it will miss the August 2022 deadline. Recall that the NCC had given MTN Nigeria and Mafab Communications nine months to rollout their 5G network after

August 22, 2022

AMA News·Business

Effective modern leadership requires technological nous

by Cathy Smith, Managing Director at SAP Africa Cathy Smith, Managing Director at SAP Africa OHANNESBURG, South Africa, 22 August 2022 -/African Media Agency(AMA)/- Championing the cause of technology as a business value driver has become an essential component of modern leadership. Notwithstanding the

August 22, 2022

Business·Insights·News

Nigerians Drink Beer Worth N599.11 billion In 6 Months

Nigerians drink beer worth N599.11 billion in six months running from January t0 June 2022, according to the first quarter results of four major brewers in the country. Champion Brew ended the First Half (H1) 2022 as the best performing company in

August 22, 2022

Business

Stock Roundup: Prestige Lead Gainers, Japaul Gold Top Losers, As Investment Falls To N12.22bn

Investors exchanged 823.005 million shares in 17,482 deals, worth N12.228 billion this week, in contrast to the N13.547 billion they parted with last week to trade 1.511 billion shares in 20,074 deals. Top three sectors By measure of volume, the Financial Services

August 20, 2022

Business·News·Sports·Uncategorized

Official: Man United Secures €85m Casemiro Deal, To Be Unveiled Next Week

Manchester United and Real Madrid have concluded talks on the signing of Brazilian midfielder Casemiro from the Spanish champions whose manager Carlo Ancelotti spoke to the media Friday morning in his pre match conference ahead of the game against Celta Vigo

August 19, 2022

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Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

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Business - Page 639

First HoldCo, Lasaco Add N244.61bn To Nigerian Stock Market

Nigerian Gov’t Bans Use Of Foreign Models, Others In Advertisement

IMF Warns Cryptocurrency Risk Might Affect Stock Market Investors

Nigerian Stock Market Capitalisation Falls To N26.61 trillion

Forex Scarcity: Foreign Investors Shun Nigerian Companies

Cryptocurrency Hackers Raise Theft By 58.33%

Nigerian Gov’t Grants Mafab Communications 5-month Extension To Roll Out 5G Network

Effective modern leadership requires technological nous

Nigerians Drink Beer Worth N599.11 billion In 6 Months

Stock Roundup: Prestige Lead Gainers, Japaul Gold Top Losers, As Investment Falls To N12.22bn

Official: Man United Secures €85m Casemiro Deal, To Be Unveiled Next Week

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First HoldCo, Lasaco Add N244.61bn To Nigerian Stock Market

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SEC Orders Full Registration of Tradable Instruments by January 2026

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

First HoldCo, Lasaco Add N244.61bn To Nigerian Stock Market

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