Prime Business Africa

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.

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

NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

Business·Top Stories

Transcorp Hotels, Ikeja Hotels Among Losers As NGX Market Cap Sheds N310bn

About N310 billion was lost in the Nigerian Exchange (NGX) on Tuesday, December 9, as the bourse’s market capitalisation dwindled to N93.65 trillion, from the N93.96 trillion reported on Monday, December 8. According to NGX data, 487.66 basis points were wiped from the

December 9, 2025

Business

Guinea Insurance’s Profit Drops From N567.66m to N49m

Between January and September 2025, Guinea Insurance recorded N2.13 billion in revenue, compared to the N2.03 billion reported in the first nine months of 2024, representing a 4.93 percent growth. According to the company’s financial statement for the period ended September 30,

December 9, 2025

Naira vs Dollar: What To Expect This Week (24th-30th, March 2025)

Business·Top Stories

Dollar Rate Closes At N1,454/$ In Official Window

In the Nigerian foreign exchange market (NFEM), also known as the official window, on Monday, December 8, the United States dollar (USD) traded flat at N1,454 per $1, the same foreign exchange (FX) rate reported on Friday, December 5. Before the exchange

December 8, 2025

Business·Top Stories

NGX Market Cap Rises By N240bn, Morison Leads Top Gainers

On Monday, December 8, the stock market capitalisation of the Nigerian Exchange (NGX) Limited increased by N240 billion or 0.26 percent. The market capitalisation increased from N93.72 trillion on Friday, December 5, to N93.96 trillion. Also, the all-share index (ASI) appreciated by

December 8, 2025

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Prime Business Africa

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

Transcorp Hotels, Ikeja Hotels Among Losers As NGX Market Cap Sheds N310bn

Guinea Insurance’s Profit Drops From N567.66m to N49m

Dollar Rate Closes At N1,454/$ In Official Window

NGX Market Cap Rises By N240bn, Morison Leads Top Gainers

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