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The regulation provides that issuers may only raise funds within a limit of N10 billion.
Contrastingly, the naira fell further against the US dollar on Wednesday morning.
The NGX closed on a positive note amidst sell-offs and buy-interests.
Naira appreciated marginally at the parallel market on Tuesday 8th February 2022.
The NGX ASI closed at 47,157.23 points, to reflect a growth of 0.21%.
Naira remained flat at N570/$1 at the parallel market.
In the FX Futures market, there were no Futures contracts traded, resulting in a WoW decrease of 100.00%.
The NGX all-share index and market capitali.
The market breadth closed positive as BUAFOODS led 28 gainers.
Naira depreciated by 0.07% against the US dollar on Tuesday to close at N415.1/$1.