Tag: #NigeriaFinance
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SENATE COMMITTEE SAYS NNPCL RESPONDED TO 19 AUDIT QUERIES, REVIEW PENDING
Senate Public Accounts Chair, Sen. Aliyu Wadada, confirms NNPCL has replied to all 19 audit questions covering 2017-2023, including concerns over a staggering N210 trillion yet to be accounted for. The committee is set to review the responses thoroughly before making any public declarations. Wadada also flagged issues beyond finances, such as opaque production sharing…
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NIGERIAN STOCK MARKET CLOSES WEEK LOWER AMID PROFIT-TAKING, WEEKS AFTER BULLISH RUN
The Nigerian stock market ended the week down by 0.56%, with market capitalisation dropping by N516 billion to N92.214 trillion. The All-Share Index fell by 815.80 points to 145,754.91, pressured mainly by profit-taking in stocks like Abbey Mortgage Bank, Custodian Investment, and Deap Capital Management. Despite the dip, market breadth was positive with 42 gainers,…
