BUA Foods has emerged as the Nigerian company with the biggest market share, with over N10 trillion valuation, leading 20 other companies on the NGX.
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Nigerian investors in MTN Nigeria are all smiles are they raked in about N36 billion in 6 months from their investment in the telecommunication firm in December
Bad day for the Naira as it exchanges for N611 per dollar on the black market
The gap between the naira and the US dollar widened further on Thursday, June 23, 2022 when the naira exchanged for N611 per US dollar on the black market.
Jumia’s shares plunge as Amazon announces Nigerian expansion
After global e-commerce company, Amazon announced African expansion, the shares of major online marketplaces in Africa like Jumia began to fall, losing 10%.
Naira capitulates at the official market despite CBN’s forex interventions
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Billionaire Rabiu and his son make N149.3bn in 1 year, set new target of N102.68bn cement sales in 3 months
BUA foods declared a total dividend per share of N3.5 in 2021, which earned Rabiu's son N6.27 billion thanks to his 1.79 billion shares (9.96% shareholdings).
Nigerian Stock Exchange moves to adopt blockchain to settle transactions
The Nigerian stock exchange has begun moves to adopt the use of blockchain for settling transactions across its platforms in order to lure young tech investors.
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