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5
Dec

BUA Cement, Lafarge drag NGX capitalisation to N259bn loss – Punch
Losses recorded in the equities of some medium-cap companies dragged the market capitalisation of the Nigerian Exchange Limited to a loss of N259bn on Monday.
Atop the losers’ chart was BUA Cement whose shares shed 10 per cent in value to close at N93.60 per unit from N104.
Other affected stocks include Dangote Sugar (-0.43 per cent), Lafarge (-0.17 per cent), Oando Plc (-2.12 per cent), Fidson (-3.53 per cent), NGX Group (-0.68 per cent), Zenith Bank (-0.43 per cent) and United Bank for Africa (-0.23 per cent)………….. ……………………… .. . .,.. ………… …….. ………………… … .. …… ..  …. . ……….. ………. …………. . ….. . … …………….……..Read More
Cash shortage hits banks, customers rush for BVN/NIN revalidation – Punch
Huge crowd besieged banking halls on Monday, as customers moved to link their Bank Verification Numbers and National Identity Numbers to their bank accounts.
This followed the new directive of the banking regulator to the banks on Friday, to bar customers who were yet to link their BVN and NIN from having access to their accounts. . ……… . ……………… . …………………………. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More
Nigeria Companies Negatively Impacted By Strong Inflationary Pressures In Nov – Report – Independent
Companies in Nigeria continued to be negatively impacted by strong inflationary pressures in November, with new orders and output both falling as customers were either reluctant or unable to pay higher charges, the headline figure derived from the Stanbic IBTC Bank Nigeria Purchasing Managers’ Index (PMI), survey has revealed
According to the survey, purchase prices rose at the fastest pace in almost two years amid exchange rate weakness and higher costs for fuel and materials…………. …… …………..,…………….. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More
fake richard mille
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