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Business

Spot Market

Naira Gains 46 Kobo to Trade N410.67/$1 on Spot Market

September 8, 2021
By Adedapo Adesanya The Naira appreciated against the US Dollar on Tuesday by 46 kobo or 0.11 per cent on the spot market, closing at N410.67/$1 compared with the previous day’s N411.13/$1. The on the spot market is the channel created by the Central Bank of Nigeria (CBN) for heavy foreign exchange (FX) traders called the Investors and Exporters (I&E)
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NASD OTC Securities Exchange

Three Securities Expand NASD Exchange by 0.02%

September 8, 2021
By Adedapo Adesanya Three stocks expanded the NASD Over-the-Counter (OTC) Securities Exchange on Tuesday marginally by 0.02 per cent after a period in the danger zone. These securities were FrieslandCampina WAMCO Nigeria Plc, NASD Plc, and Nigerian Exchange (NGX) Group Plc. The trio increased the NASD unlisted security index (NSI) by 0.11 points to 732.23 points from 732.12 points and
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Tomato Jos

Tomato Jos Gets N494m to Assist Maize, Soybean Farmers

September 8, 2021
By Modupe Gbadeyanka A N494 million ($1.2 million) co-investment grant to boost the productivity, incomes and resilience of maize and soybean smallholder farmers in Kaduna State has been given to Tomato Jos Farming and Processing Limited. The Nigerian firm received the grant from the USAID-funded West Africa Trade and Investment Hub (Trade Hub) for the training of 4,000 smallholder farmers
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Commodity Market

Maize, Soybean, Paddy Rice Decline at Commodity Market

September 8, 2021
By Ashemiriogwa Emmanuel The price of maize, soybean and paddy rice declined at the commodity market last week, data harvest by Business Post from the AFEX Weekly Commodities Price Report revealed. The exchange traded price of maize last week went down by 4.6 per cent to N22,097 per contract from N23,200 per contract but at the open market, the value
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Prospa

Prospa Raises $3.8m to Expand Banking, Software Services

September 8, 2021
By Sodeinde Temidayo David Nigerian Financial technology startup, Prospa, has secured a total of $3.8 million in pre-seed funding round to offer small businesses banking and software services. This was made after the decision to combine both worlds of banking and business management tools for micro and small businesses. The round was led by investors which include venture capitals like
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Politics

1Win App

All You Need To Know About 1Win App

April 16, 2024
Are you ready to experience next-level mobile gambling? Come around and see about the 1WIn app. What is the 1Win app for Android? 1Win is a well-known gambling platform, and its popularity in the industry showcases how good the services they offer are. Amidst the pleasures of gambling with 1win is also the mobile application. With the exclusive downloadable mobile
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Travel

Latest

CBN Plans Sale of N1.02tr Treasury Bills via PMA in Q4

By Modupe Gbadeyanka Fresh treasury bills worth N1.024 trillion would be sold by the Central Bank of Nigeria (CBN) in the fourth quarter of 2018. This information was revealed by the apex bank in its Nigerian Treasury Bills Issue Programme for fourth
September 11, 2018

Ramaphosa Insists Land Reform Key to Stability in South Africa

By Modupe Gbadeyanka President Cyril Ramaphosa of South African has maintained that a programme of land redistribution is required to heal the historical “festering wound” of land dispossession and enable the transformation and development without which the former apartheid nation will experience
September 11, 2018

Canon Revolutionises Photography, Filmmaking Sector Again

By Modupe Gbadeyanka Provider of imaging technologies and services, Canon Central and North Africa (CCNA), has again redefined the frontiers of photography and filmmaking with the launch of the pioneering EOS R System. Over thirty years on from the original, era-defining EOS
September 11, 2018

UN Official Assesses Human Trafficking in Nigeria

By Modupe Gbadeyanka A human rights expert with the United Nations, Maria Grazia Giammarinaro, has conducted a survey to assess the issue of trafficking in persons in Nigeria. The UN Special Rapporteur was in the country for an official visit from September
September 11, 2018
capital market operators

Fidelity Bank, Skye Bank, Unity Bank, Others Risk Sanctions

By Modupe Gbadeyanka Not less than 28 companies trading their shares on the Nigerian Stock Exchange (NSE) risk being sanctioned by the regulator for failing to meet post-listing requirements, timely release of operational reports and financial statements. According to The Nation, the
September 11, 2018

The Future of Kogi East and Victor Adoji’s Aspiration

By Omachi Achor Ever since Kogi State was created, our pending problems have always been our inability to provide or elect for ourselves a good and responsible government that will always react adequately to the problems of the state and also proffer
September 11, 2018
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