Kim Kardashian, a US television star have been forced to pay $1 million for advertising a cryptocurrency asset on social media while hiding was she was paid.
Dangote Cement's major competitor, BUA Cement had N112 billion shaved of its share price which investors losing a lot of money on Thursday. September 22, 2022.
The naira has failed to recover from the N700 threshold it entered in early August as it continues to weaken against the dollar at both official, black markets.
Banks in Nigeria have disclosed their earnings from account maintenance in the first half of 2022, according to data from Nigeria Stock Exchange on Monday.
There is no respite for the naira as it fell sharply again at the parallel market, selling N705 per dollar the scarcity of foreign exchange continues to plague.
The British pound has collapsed against the US dollar, the first in 40 years since the Plaza Accord which saw the dollar weakened against other currencies.