NGX ends September with N1.16trn gain

September 2024 saw a strong close for equity trading on the Nigerian Exchange Limited (NGX), driven by an increase in investor confidence in listed companies. The ASI demonstrated resilience in the face of multiple policy announcements from the Central Bank of Nigeria (CBN) intended to reduce rising inflation, which market analysts feared could have a…

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IMG 20240916 WA0009 Why Dangote Petrol Cannot Come Cheap

Why Dangote Petrol Cannot Come Cheap

OPINION By Etim Etim Many Nigerians are understandably shocked that petrol being pumped out of the Dangote refinery (DR) will not be selling at a relatively affordable price at the pumps, or a little cheaper than the imported variety. Long conditioned to subsidized products, they had expected that a locally produced petrol will offer a…

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