Prime Business Africa

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 18th August 2025

Dollar Trades At N1,447.5/$, Pound At N1924.4/£ In Official Window

The naira was relatively stable on Wednesday, December 3, as the foreign exchange (FX) rate for dollar increased marginally by N0.5 kobo on the Nigerian foreign exchange market (NFEM). According to data obtained from the Central Bank of Nigeria (CBN), the naira

December 3, 2025

ATM Withdrawal Fee: Crisis In Making For Small Businesses?

Business·Top Stories

CBN Raises ATM, POS Cash Withdrawal Limit, Issues 10 Directives To Banks

The Central Bank of Nigeria (CBN) has increased the cash withdrawal limit on automated teller machines (ATMs) and point of sale (POS) devices to N500,000 weekly for individuals and N5 million for corporates. In a statement on December 2, CBN also said

December 3, 2025

Fidelity Bank Kicks Off N127 Billion Public Offer, Rights Issue Today

Business·Top Stories

Fidelity Bank Is Least Performing Bank Stock In Q3 2025

Fidelity Bank was the least performing bank on the Nigerian Exchange (NGX) Limited, also known as the stock market, in the third quarter (Q3) of 2025. According to Prime Business Africa’s (PBA) analysis, out of 11 banks covered in the stock market,

December 3, 2025

Business·Top Stories

Over N1.28trn Gain Recorded As Dangote Cement, NCR Lead NGX Rebound

The Nigerian Exchange (NGX) Limited rebounded on Tuesday, December 2, with a N1.28 trillion gain, as the stock market capitalisation increased to N92.37 trillion, from N91.08 trillion recorded on Monday, December 1. Similarly, the all-share index (ASI) appreciated by 1,718.03 basis points,

December 2, 2025

Naira Records Marginal Gain As External Reserves Hit $41.27bn In August

Business·Top Stories

Dollar Depreciates Against Naira In Official Window, Trades At N1,473/$ In Black Market

The United States dollar (USD) depreciated against the naira on Tuesday, December 2, as the foreign exchange (FX) rate closed trading at N1,447/$. Data covering the Nigerian foreign exchange market (NFEM), released by the Central Bank of Nigeria (CBN), showed that the

December 2, 2025

Business·Top Stories

Five Out Of Six Oil Companies Performed Woefully On NGX In Q3 2025

Shareholders of Eterna Plc, Oando Plc, Conoil, Total Nigeria and Seplat Petroleum ended the third quarter (Q3) with significant losses, compared to those of Aradel Holdings on the Nigerian Exchange (NGX) Limited. However, despite five out of six oil companies’ stocks declining

December 2, 2025

CBN Insists On June 3 Recapitalisation Deadline For BDCs

Business·Top Stories

Gap Between Official Window, Parallel Market Dollar Rates Widens To N23

In the official window on Monday, December 1, the foreign exchange rate for the dollar increased by N3.1 kobo after the naira depreciated by 0.21 percent at the close of trading. According to data obtained from the Central Bank of Nigeria (CBN),

December 1, 2025

Business

NGX Market Cap Sheds N197.31bn As International Breweries, Cornerstone Record Losses

The Nigerian Exchange (NGX) Limited said the capitalisation of the stock market depreciated to N91.08 trillion on Monday, December 1, from the N91.28 trillion recorded on Friday, November 28. According to the NGX report, the market capitalisation dropped by 0.21 percent or

December 1, 2025

Business·Top Stories

Sterling, Stanbic IBTC Among Five Best-Performing Bank Stocks In Q3 2025

In the third quarter (Q3) of 2025, the 11 banks trading on the Nigerian Exchange (NGX) Limited recorded growth, according to Prime Business Africa’s (PBA) analysis. The banks are Sterling Financial Holdings Company, Stanbic IBTC Holdings, Zenith Bank Plc, United Bank for

December 1, 2025

Business·Top Stories

Dollar Rate Drops To N1,467/$ In Parallel Market, Rises To N1,446/$ In Official Window

In the parallel market on Friday, November 28, the foreign exchange rate decreased by N7 to N1,467.9 kobo per dollar, from N1,474.9 kobo/$ reported on November 27. This indicates the naira became stronger in the black market, appreciating by 0.47 percent, according

November 28, 2025

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Prime Business Africa

Dollar Trades At N1,447.5/$, Pound At N1924.4/£ In Official Window

CBN Raises ATM, POS Cash Withdrawal Limit, Issues 10 Directives To Banks

Fidelity Bank Is Least Performing Bank Stock In Q3 2025

Over N1.28trn Gain Recorded As Dangote Cement, NCR Lead NGX Rebound

Dollar Depreciates Against Naira In Official Window, Trades At N1,473/$ In Black Market

Five Out Of Six Oil Companies Performed Woefully On NGX In Q3 2025

Gap Between Official Window, Parallel Market Dollar Rates Widens To N23

NGX Market Cap Sheds N197.31bn As International Breweries, Cornerstone Record Losses

Sterling, Stanbic IBTC Among Five Best-Performing Bank Stocks In Q3 2025

Dollar Rate Drops To N1,467/$ In Parallel Market, Rises To N1,446/$ In Official Window

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