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In this episode of Follow the Money, host Ugodre breaks down why the Nigerian stock market suffered a loss of over N2 trillion in one week. The show opens with Ugodre noting that the market kept falling, as the All Share Index dropped 2.3 percent for the week and brought the month-to-date loss to 6.7 percent, adding that, by the end […]
The post Why the stock market lost over N2 trillion last week! appeared first on Nairametrics.
Hot SourceDangote Industries has signed a major agreement with Honeywell to provide advanced refinery services and technology that will enable the expansion of its refining capacity to 1.4 million barrels per day (bpd) by 2028, a development seen as the strongest signal yet that Africa’s largest refinery is moving steadily toward becoming the world’s biggest petroleum processing hub. The post Dangote partners Honeywell to double refinery capacity to 1.4m bpd by 2028 appeared first on Nairametrics.
Read moreHot SourceSenegal’s plan to introduce a 0.5% tax on mobile money transfers has become one of the most contentious economic debates in the country, with financial analysts, civil society groups and digital finance practitioners warning that the policy may trigger negative consequences for financial inclusion, youth employment and public revenue. The post Senegal mobile money tax: Experts push to shift levy from users transactions to service providers appeared first on Nairametrics.
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