Nairametrics - Business news, Economy, Investing, and Financial …
WEB4 days ago · Nairametrics - Business news, Economy, Investing, and Financial Literacy. Lagos Govt explores partnership with Portuguese firm Mota-Engil for proposed Lekki-Epe International Airport September 18, 2024. Breaking News.
Naira appreciates to N1,541.52 at I&E window on positive …
WEB1 day ago · The exchange rate between the naira and the US dollar appreciated N1,541.52 at the official Investor and Exporter (I&E) window on Friday, September 20, 2024. This represents a 0.16% gain from the N1,544.02 recorded on September 19, 2024, with the naira trying to stabilize within the N1,500 range. …
ICT drives about 90% of Nigeria’s GDP—Ayotunde Coker
WEB1 day ago · The Chief Executive Officer of Open Access Data Centre, Dr. Ayotunde Coker, has revealed that Information and Communication Technology (ICT) powers nearly 90% of Nigeria’s Gross Domestic Product (GDP), despite the sector officially contributing around 20% to the country’s GDP in Q2 2023. Speaking at the Nairametrics Industry Spotlight ...
FG to adopt global methodology in calculating inflation and GDP ...
WEB1 day ago · He said, “You will recall that the last rebasing exercise in Nigeria was concluded in 2014. Before the exercise, the country’s GDP was approximately 270 billion dollars.”. “The rebasing saw the GDP surge to 510 billion dollars, positioning Nigeria as Africa’s largest economy and ranking 26th globally.”. “The number of sectors ...
Naira under pressure in black market amid U.S. Dollar resilience
WEB3 days ago · Naira under pressure in black market amid U.S. Dollar resilience. The local currency was unchanged against the greenback on Thursday as the haven currency firmed sharply, despite an interest rate cut by the U.S. central bank, which was offset by less dovish signals regarding future rate hikes. The naira closed flat against the dollar in the ...
NAIRAMETRICS| COMPANY EARNINGS - Investor Relation Reports: …
WEBChellarams Plc released its unaudited financial results for the second quarter of the year ending 30th of September, 2021. Revenue for the period was N5.19 billion. (+225.3% YoY) Cost of sales of N4.22 billion. (+231% YoY) Administrative expenses totalled N349.7 million. (+13% YoY) Net assets during the period stood at N7.21 billion.
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WEBOur Content Offering. Business News – We monitor, analyze and report on financial information and news, as well as, provide insights into the associated implications for businesses and individuals.Our team of analysts dissect the news and provide our readers with in-depth analytics of how daily financial information may impact their financial status.
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Markets Archives - Nairametrics
WEBNaira strengthens to N1,546.41 at the I&E window as Dangote refinery prepares for petrol distribution. by Izuchukwu Okoye. September 14, 2024. 0. The naira closed at N1,546.41 on Friday, September 13, 2024, a 6.3% gain from Thursday’s close of N1,649.76. Read more.
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