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Top Brand Spur News

Naira records third consecutive appreciation against US dollar

Nigeria · Nigeria

Naira records third consecutive appreciation against US dollar

100% Center coverage: 1 sources

The Naira recorded its third consecutive appreciation against the United States Dollar at the official foreign exchange on Wednesday. The Central Bank of Nigeria’s data showed that the Naira rose on Wednesday to N1,400.48 per dollar, up from N1,401.22 traded the previous day. This means the Nigerian naira gained N0.74 against the dollar on a day-to-day basis. Similarly, the Naira strengthened by N5 to N1485 per dollar on Wednesday, up from N1490…See the Story

Nigerian stock market extends rally with N126bn gain

Stock Markets · Nigeria

Nigerian stock market extends rally with N126bn gain

100% Center coverage: 1 sources

The Nigerian stock market sustained its upward momentum on Tuesday, as investors’ wealth increased by N126 billion, representing a 0.12 percent gain. Market capitalization on the Nigerian Exchange (NGX) rose to N106.088 trillion at the close of trading, up from N105.962 trillion recorded in the previous session. In the same vein, the All-Share Index (ASI) advanced by 0.12 percent, adding 196.26 points to close at 165,713.82, compared with 165,51…See the Story

Sachet Alcohol Ban Will Cost Jobs, Fuel Illicit Trade, MAN DG Warns

Plastics · Nigeria

Sachet Alcohol Ban Will Cost Jobs, Fuel Illicit Trade, MAN DG Warns

The Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, has warned that the proposed ban on the production and sale of sachet alcohol will be counterproductive, threaten jobs, reduce government revenue and worsen public health outcomes by pushing consumers toward illicit and unsafe alternatives. Ajayi-Kadir raised the concerns during an interview on ARISE News Channel on Thursday, accusing the National Agency f…See the Story

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