Nairametrics - Business news, Economy, Investing, and Financial …
WEBNairametrics - Business news, Economy, Investing, and Financial Literacy. Is the Nigerian energy sector still a viable investment niche as experts predict gasoline demand peaking in 2025? September 30, 2024. Economy.
Naira shows mild strength in September at official market
WEB13 hours ago · The Nigerian currency ended last month on a losing note, trading at N1,541.94/$1 on Monday, September 30, 2024, but showed strength throughout the month. The naira started the first trading month at N1,585.77/$1 in the official market, posting a monthly gain of 2.85%, but plummeted significantly in the black market.
FG’s low-interest credit scheme is about to upend Nigeria’s loan …
WEB13 hours ago · Consumer credit interest rates. Speaking with Nairametrics, a customer support agent of Accion MFB, who identified himself as Charles, said Nigerians can access between N50,000 and N1 million loans under the scheme at a 4% monthly interest rate. According to him, the tenure of the loan is a minimum of four months and a …
Markets Archives - Nairametrics
WEBNaira depreciates 6.13% at I&E window as CBN announces interest rate increase. On Tuesday, September 24, 2024, the Nigerian naira further depreciated against the US dollar, closing at N1,658.48 in the official...
Breaking: Starlink increases monthly subscription in Nigeria by …
WEB15 hours ago · Elon Musk’s internet service company, Starlink, has increased the monthly subscription for its service in Nigeria by 97% from N38,000 to N75,000. For new users, the company also increased the Starlink kits (hardware) by 34% from N440,000 to N590 000. While Starlink had reviewed the price of its ...
Nairametrics Newsletters
WEBCorporate News Round. This newsletter is a weekly roundup of major updates, announcements, product launches from corporate Nigeria. Written with brevity and corporate wittiness, the newsletter is a must read for any top executive keen on tracking latest business moves and innovation from competition. Select.
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.
Why the naira is now gaining against the dollar - Nairametrics
WEBJun 18, 2021 · The exchange rate between the naira and the dollar at the parallel market strengthened on Thursday, rising from N503/$1 to N485/$1. Initial checks by Nairametrics reveal the rebound of the naira from one of its lowest points in about 4 years held its support levels after the initial rise from N505/$1 to N497/$1 on Wednesday.
Stock Select - Nairametrics
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ABOUT NAIRAMETRICS
WEBNairametrics.com is owned by Nairametrics Financial Advocates Ltd and is based in Lagos State Nigeria. Nairametrics was founded in 2013 by Ugochukwu Obi-Chukwu. For all inquires send an email to outreach@nairametrics.com, info@nairametrics.com.