Prime Business Africa

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today

Gap Between Official Window, Parallel Market Dollar Rates Drops To N34

The gap between the exchange rates for the United States dollar (USD) in the official window and the parallel market reduced from N49.75 kobo on Thursday, December 11, to N34.47 kobo on Friday, December 12. According to the Naira Rate data, the

December 12, 2025

Nigerian Stock Market Record Highest Level In 15-years, Equity Cap Up N59.90bn

Business·Top Stories

Guinness, Morison, Others Add N945.20bn To Nigerian Stock Market Cap

Over N945.20 billion was added to the capitalisation of the Nigerian Exchange (NGX) Limited, also known as the Nigerian stock market, after the shares of Guinness, Morison, and others appreciated on Friday, December 12. This raised the market capitalisation of the Nigerian

December 12, 2025

Business·Top Stories

GTCO, Stanbic IBTC Make List Of Nigerian Banks With Highest Market Valuation

The banks with the highest market valuation on the Nigerian Exchange (NGX) Limited in the third quarter (Q3) of 2025 are Guaranty Trust Holding Company (GTCO), Zenith Bank, United Bank for Africa (UBA), Stanbic IBTC Holdings and Access Holdings. Prime Business Africa’s

December 12, 2025

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Business·Top Stories

Dollar Rate Drops To N1,455/$ In Official Window, Rises To N1,505/$ In Parallel Market

In the Nigerian foreign exchange market (NFEM), also known as the official window, the foreign exchange (FX) rate of the United States dollar (USD) dropped to N1,455.25/$ on Thursday, December 11. The exchange rate dropped by N2.75 kobo, from the N1,458 per

December 11, 2025

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business

NGX Rebounds With N693.95bn Gain

The market capitalisation of the Nigerian Exchange (NGX) Limited, also known as the stock market, closed trading at N94.31 trillion on Thursday, December 11, rising N693.95 billion from the N93.62 trillion recorded on Wednesday, December 10. The stock market data showed the

December 11, 2025

Business·Top Stories

Five Least Performing Insurance Stocks In Q3 2025

While the majority of the insurance stocks in the Nigerian Exchange (NGX) Limited recorded gains in the third quarter (Q3) of 2025, Prime Business Africa (PBA) presents the five least performing insurance stocks for the period under review. The list comprises Lasaco

December 11, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business

Naira Depreciates Against Dollar, Euro, British Pound In Official Window

The naira depreciated against the dollar by 0.27 percent to N1,458/$ on Wednesday, December 10, in the Nigerian foreign exchange market (NFEM), also known as the official window. On Tuesday, December 9, the foreign exchange (FX) rate for the United States currency

December 10, 2025

Stock Market Rally Halted As Demand For Ecobank, PZ Cussons Shares Dropped

Business

UAC Nigeria, Sunu Assurance, Others Wipe Off N33.80bn From NGX

The Nigerian Exchange (NGX) Limited said the market capitalisation of the stock market dropped marginally by 0.05 percent to N93.62 trillion on Wednesday, December 10. This means N33.80 billion was wiped off the NGX at the end of trading as the bourse’s

December 10, 2025

FCMB Borrows N20.68bn To Protect Against Insolvency After Silicon Valley Bank Collapse

Business·Top Stories

FCMB Posts N828.12bn Revenue, Records 52.25% Increase In Profit

In the first nine months of 2025, FCMB generated N828.12 billion in gross earnings, exceeding the N587.77 billion recorded in the corresponding period in 2024, representing a 40.89 percent increase. FCMB announced the turnover growth in its unaudited consolidated and separate financial

December 10, 2025

Naira Ends Week With Marginal Gain Against Dollar

Business·Top Stories

Naira Depreciates Against Dollar To N1,478/$ In Parallel Market

The foreign exchange (FX) rate for the United States dollar (USD) closed at N1,454/$ in the Nigerian foreign exchange market (NFEM), also known as the official window, on Tuesday, December 9, 2025. According to the data on NFEM provided by the Central

December 9, 2025

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Prime Business Africa

Gap Between Official Window, Parallel Market Dollar Rates Drops To N34

Guinness, Morison, Others Add N945.20bn To Nigerian Stock Market Cap

GTCO, Stanbic IBTC Make List Of Nigerian Banks With Highest Market Valuation

Dollar Rate Drops To N1,455/$ In Official Window, Rises To N1,505/$ In Parallel Market

NGX Rebounds With N693.95bn Gain

Five Least Performing Insurance Stocks In Q3 2025

Naira Depreciates Against Dollar, Euro, British Pound In Official Window

UAC Nigeria, Sunu Assurance, Others Wipe Off N33.80bn From NGX

FCMB Posts N828.12bn Revenue, Records 52.25% Increase In Profit

Naira Depreciates Against Dollar To N1,478/$ In Parallel Market

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