Nigeria

    UPDC Real Estate Investment Trust (UPDC REIT) has declared a final dividend of N0.22 per unit of share for the period ending December 31, 2023. This translates to a final dividend payout of N579.34 million for the trust’s fully issued 2,668,270,000 units.

    In April 2024, the headline inflation rate rose to 33.69%, up from 33.20% in March 2024, marking an increase of 0.49% points according to the Nigeria Bureau of Statistics (NBS).  

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    1. Nigeria : Official Exchange rate strengthens below N1,300/$1 for the first time since January
    2. Central Bank of Nigeria raises benchmark MPR by 200 basis points to 24.75%
    3. Aliko Dangote plans oil trading firm for new refinery supply
    4. Nigeria : Exchange rate falls to N1,602.43/$1 as Binance pulls plug on Naira
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