Hobbiesworld
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Energy
NMDPRA seals 65 gas plants in Lagos for various infractions
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says a total number of 65 Liquefied Petroleum Gas (LPG) plants…
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Spotlight
Nestle, NB and Unilever drag Consumer Goods Index down 1.46% week-on-week
The Consumer Goods Index, which tracks the daily and weekly performance of quoted FMCG companies, depreciated week-on-week by 1.46%, from…
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Spotlight
Stocks worth over one trillion appreciate by 0.86% as Airtel investors gain N162.73 billion during the week
The combined market capitalization of the stocks worth over one trillion (SWOOT) appreciated by 0.86% to close at N15.70 trillion…
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Blogging
El Salvador unveils Bitcoin City
The President of El Salvador, President Nayib Bukele, in a Saturday night presentation at Bitcoin Week, revealed that the nation…
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Blogging
XRP suffers biggest daily drop in 3 weeks, trading at $1
The seventh most valuable crypto suffered record selling pressure and profit taking that had not been seen in the overall…
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Blogging
With $1.3 billion staked, Acala wins the first Polkadot parachain auction
The first-ever Polkadot ecosystem parachain slot auction was concluded with Acala, a decentralized finance (DeFi) protocol operating on the Polkadot…
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Court Cases
Abacha loot monitoring: Court dismisses suit by consultants challenging their disqualification
Justice I.E Ekwo of an Abuja Division of the Federal High court has on Friday dismissed a suit by PPP…
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Currencies
Nigerian companies generate N1.3 trillion in free cash flows in 9 months
The major listed companies operating in Nigeria reported a cumulative cash flow of N1.307 trillion in the first 9 months…
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Energy
UN says the world spends $423 billion annually to subsidize fossil fuel
Countries globally spend $423 billion of taxpayers money on subsidizing fossil fuel use every year. Achim Steiner, head of the…
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Stock Market
WAPCO Plc loses N8.05 billion in one trading session as market value drops to N402.69 billion
After today’s trading session, WAPCO Plc share price depreciated by 196 basis points to close at N25.00 per share, taking…
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Currencies
IMF reveals steps it can take to help with success of eNaira
The International Monetary Fund (IMF) has revealed steps that it would take to assist Nigeria with the successful operation of…
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