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The rally on the Nigerian Exchange Limited entered its seventh day on Monday, resulting in a daily gain of N365bn and a compound gain of N3.5tn from the rally which started on December 28, 2023.
“You see, that saving account, I barely get any interest out of it, rather it was the regular debut alerts for maintenance fees and electronic transfer"
The apex bank said the directive was part of efforts to promote financial system stability and strengthen the ‘Know Your Customer’ procedures
Some experts have called on the acting governor of the Central Bank of Nigeria, Olayemi Cardoso, and his team to focus on the agricultural sector and boosting exports in order to fight the twin problems of inflation and depreciating naira value.
Despite economic challenges in the first six months of the year, a few companies exceeded expectations with their results.