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Tokyo equities rise as the yen continues to decline
Friday saw a rise in Tokyo stocks as US tech shares increased and the yen declined vs the dollar.
In early trading, the benchmark Nikkei...
Financial analysts are divided on CBN’s dollar sales to BDC operators
The Central Bank of Nigeria's (CBN) decision to sell dollars to Bureau De Change (BDC) operators below market rate has caused a rift among...
Companies issue N220b CPs to increase their working capital
The market for commercial papers (CPs) has witnessed a steady surge in activity as businesses facing foreign currency (FX) liabilities seek cost-effective funding to...
Naira Gains Momentum Despite Resistance at Key Support Level
The naira surged against the US dollar, reaching its highest point since its devaluation in January. Bolstered by growing confidence, the Nigerian currency strengthened...
Transcorp’s Yearly Earnings Nearly Quadruples to N32.6 Billion
Transnational Corporation Plc (Transcorp), a Nigerian-listed corporation, announced a 91% increase in earnings in the preceding year.
The group's after-tax earnings surged from N17.1 billion...
