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Daily Archives: January 9, 2021

Oil revenue gets boost as price hits $55

Oil revenue gets boost as price hits $55

The international oil benchmark, Brent crude, extended its gains on Friday, rising above $55 per barrel, in what is a potential boost to Nigeria’s crude oil export revenue. Brent crude, against which Nigeria’s oil is priced, hit an 11-month high ...

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Capital market loses N246bn in six hours of trading

Capital market loses N246bn in six hours of trading

The bears dominated trading activities on the Nigerian Stock Exchange on Friday with the market capitalisation losing N246bn in six hours of trading. Specifically, the News Agency of Nigeria reports that the market capitalisation, which opened at N21.224tn shed N246bn to close ...

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