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NGX market capitalisation gains N15 25trn

The Nigerian Exchange Ltd. (NGX) market capitalisation has gained N15.25 trillion in value in the first five months of the year, amidst domestic and global economic headwinds. NGX, in a report made available on Thursday in Lagos, stated that the market attained the record following investors continous investment in fundamentally sound quoted companies on the

NGX market capitalisation gains N15 25trn in 5 months

Framework for a gold backed payment card established

A well-placed source at the RBZ told Standardbusiness that the framework had been made with testing already done.

Zimbabwe central bank resorts to market determined exchange rate

THE Reserve Bank of Zimbabwe has announced a range of measures to stabilise the exchange rate which include using a market-determined rate to trade foreign curr.

Zimbabwe central bank eases foreign exchange rate market

THE Reserve Bank of Zimbabwe has announced a range of measures to stabilise the exchange rate which include using a market-determined rate to trade foreign currency. The RBZ will from this Wednesday use an exchange rate determined by the market to sell foreign currency to banks who will in turn trade it to their customers…

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