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Category: Business

Business

CBN’s Cardoso Optimistic As Monetary Policies Halve Month-on-Month Inflation Rate

<p>CBN’s Cardoso says ongoing recapitalisation process would build a resilient banking sector capable of withstanding future economic shocks.</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/cbns-cardoso-optimistic-as-monetary-policies-halve-month-on-month-inflation-rate/">CBN’s Cardoso Optimistic As Monetary Policies Halve Month-on-Month Inflation Rate</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 6 min read
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Business

Naira Maintains ₦1,535/$ Rate In Parallel Market

<div><img width="300" height="180" src="https://www.naijanews.com/wp-content/uploads/2024/07/naira-Dollar-1-1000x600.jpeg-768x461-1-300x180.webp" class="attachment-medium size-medium wp-post-image" alt="" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://www.naijanews.com/wp-content/uploads/2024/07/naira-Dollar-1-1000x600.jpeg-768x461-1-300x180.webp 300w, https://www.naijanews.com/wp-content/uploads/2024/07/naira-Dollar-1-1000x600.jpeg-768x461-1-590x354.webp 590w, https://www.naijanews.com/wp-content/uploads/2024/07/naira-Dollar-1-1000x600.jpeg-768x461-1-400x240.webp 400w, https://www.naijanews.com/wp-content/uploads/2024/07/naira-Dollar-1-1000x600.jpeg-768x461-1.webp 768w" sizes="(max-width: 300px) 100vw, 300px" /></div> <p>The Naira maintained its position at ₦1,535 per dollar in the parallel market yesterday, showcasing a surprising stability amidst broader market volatility. In contrast, the Nigerian Autonomous Foreign Exchange Market (NAFEM) witnessed a depreciation of the ₦aira, slipping to ₦1,532.58 per dollar. According to FMDQ data, the indicative exchange rate for NAFEM rose from ₦1,523.85 […]</p> <p>The post <a href="https://www.naijanews.com/2024/07/10/naira-maintains-%e2%82%a61535-rate-in-parallel-market/">Naira Maintains ₦1,535/$ Rate In Parallel Market</a> appeared first on <a href="https://www.naijanews.com">Naija News</a>.</p>

mingooland · · 2 min read
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Business

Realistic Petrol Price Around N1500-N1950 But Nigerians Can’t Afford It, Retailers’ President Gillis-Harry Says

<p>Gillis-Harry has warned that rising petroleum prices could reduce Nigerians’ buying power, impacting retail outlet owners.</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/realistic-petrol-price-around-n1500-n1950-but-nigerians-cant-afford-it-retailers-president-gillis-harry-says/">Realistic Petrol Price Around N1500-N1950 But Nigerians Can’t Afford It, Retailers’ President Gillis-Harry Says</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 2 min read
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Business

NGX Suspends Unity Bank, NPF Microfinance, Six Others’ Trading

<div><img width="300" height="168" src="https://www.naijanews.com/wp-content/uploads/2023/01/NGX-300x168.jpg" class="attachment-medium size-medium wp-post-image" alt="NGX: Investors Record N136bn Loss In One Week" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://www.naijanews.com/wp-content/uploads/2023/01/NGX-300x168.jpg 300w, https://www.naijanews.com/wp-content/uploads/2023/01/NGX-150x84.jpg 150w, https://www.naijanews.com/wp-content/uploads/2023/01/NGX.jpg 750w" sizes="(max-width: 300px) 100vw, 300px" /></div> <p>NGX Regulation, the regulatory division of the NGX Group, has halted trading in the stocks of eight companies due to their failure to submit their respective accounts for 2023. In an announcement released on Monday, the Head of the Issuer Regulation Department, Godstime Iwenekhai, stated that the suspension would take effect immediately. The companies affected […]</p> <p>The post <a href="https://www.naijanews.com/2024/07/09/ngx-suspends-unity-bank-npf-microfinance-six-others-trading/">NGX Suspends Unity Bank, NPF Microfinance, Six Others’ Trading</a> appeared first on <a href="https://www.naijanews.com">Naija News</a>.</p>

mingooland · · 2 min read
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