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Management of Dangote Industries Limited (DIL) has refuted allegations that it engaged in illegal foreign exchange deals, warning those peddling the allegation of economic sabotage against the company to desist from such underhand practices.

Equities market capitalisation of the Nigerian Exchange (NGX) jumped to about N38.6 trillion on Friday due to renewed interest in growth, and value stocks listed in the bourse.

The Nigerian naira is clawing back losses from the alternative FX market, according to data obtained from Binance and other P2P platforms. Today, pressures in the open market have also eased.