| Trending News |
Nigeria Corporate Deals, Nigerian companies in deals worth over N3.6 trillion in 2021. Nigerian corporates recorded a sum of $8.88 billion (N3.65 trillion) as deals in 2021, across 177 transactions, representing a significant increase compared to the previous year (FY 2020, 108 deals valued at $4.3 billion/N1.8 trillion).
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Naira gains at the I&E window appreciates to its highest level year-to-date, The exchange rate between the naira and the US dollar closed at N415.33/$1 at the Investors and Exporters (I&E) window, where forex is traded officially
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Airtel Partners Spotify to Offer Nigerians Complimentary Data to Access Millions of Songs Leading telecommunications services provider, Airtel Nigeria, has announced a partnership with global audio streaming service, Spotify to provide Airtel +54 million customers who purchase weekly and monthly data bundles bonus data to enjoy over 70 million songs from Spotify platform.
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CBN reduces ATM withdrawal charges, interbank transfers fees, The Central Bank of Nigeria (CBN) has reduced ATM withdrawal charges, inter-bank transfer fees as it issues a downward review of charges for electronic banking transactions in its revised guidelines to charges by Banks, Other Financial Institutions (OFIs) and Non-Bank Financial Institutions.
There were some changes like withdrawals on ATMs being reduced from N65 to N35 after the third withdrawal within the same month. CBN also cut interbank transfers to a maximum of N50 per transaction from N300.
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| Nigeria Stock Market Snapshot News |
| Nigeria Stock Market, The Nigerian Stock Exchange closed the Monday trading session of January 31st, 2022, on a positive note, Investors gained N226.12 Billion. Market breadth closed with 33 Gainers and 21 Losers in yesterday's session. The NGX All Share Index (ASI) closed at 46,624.67 points, to reflect a gain of 0.91% from the previous trading day period gain of 0.43%. |
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| At the close of the market on Monday, the stock exchange Equities gained 0.91% to close at N25,124.35 billion, the Bond market was flat to close at N20.999.55. billion. Exchange-Traded Fund (ETF) climbed by 0.84% to 7,339.59 billion. The Markets Year-to-Date (YTD) return, however, is currently settled at +9.15%. More Analysis below |
