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Latest News in Nigeria - Page 39

Top Stock Market Performers In Africa Into 2025
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Top Stock Market Performers In Africa

As 2025 births, stock markets across Africa show promising signs of growth, with several nations making significant strides in the past year. Investors are looking ahead to what is expected to be another positive year for many of the continent’s leading markets.
January 4, 2025
Food Inflation In Nigeria Drops To 23.51%, But Prices Remain High
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Global Food Prices Drop By 2%- Reports

Global food prices dropped by 2.1% in 2024 compared to 2023, according to the UN Food and Agriculture Organisation (FAO). The FAO’s Food Price Index, which tracks international price trends of widely traded food commodities, averaged 122.0 points in 2024, down from
January 3, 2025
The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.
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Why You Should Invest In Nigeria’s Stock Market

The Nigerian stock market demonstrated impressive performance in 2024, delivering nominal returns of 37 per cent. Despite economic challenges, it outpaced the country’s high food inflation, making it an attractive investment destination. Notably, business magnates like Aliko Dangote, Tony Elumelu, and Femi
January 3, 2025
Debt Servicing In Nigeria 2025 Budget: What Is Debt Servicing, Why Does It Matter?
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2025 Budget: Why Debt Servicing Matters

Debt servicing has become a major financial burden for Nigeria, taking precedence over other critical sectors like education, health, and infrastructure. The proposed 2025 budget, tagged the “Budget of Restoration: Securing Peace, Rebuilding Prosperity,” allocates N15.81 trillion to debt servicing. This allocation
January 2, 2025
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