Browse Category

Business

Nigeria Customs to step up intelligence-led checks

By Prosper Okoye Nigeria’s customs authorities say they are strengthening intelligence-led operations in a move they say could curb smuggling, improve border security and protect government revenue. The Comptroller-General of Customs, Adewale Adeniyi, told officers of the Customs Intelligence Unit in Abuja

January 7, 2026

Business·Top Stories

Over N409.66bn Gained As NGX Investors Trade 1.44bn Shares

The Nigerian Exchange (NGX), also known as the stock market, continued its upward movement on Wednesday, January 7, with a N409.66 billion gain. According to data provided by the NGX, the market capitalisation surged to N102.68 trillion, from N102.27 trillion reached on

January 7, 2026

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Top Stories

Dollar Rate Rises To N1,421/$1 In Official Window

In the Nigerian foreign exchange market (NFEM), also known as the official window, the naira depreciated by 0.35 percent as the dollar rate increased to N1,421/$1 on Wednesday, January 7. The foreign exchange rate for the United States currency had increased by

January 7, 2026

Business·Top Stories

Linkage Assurance’s Revenue Rises To N19.29bn, Profit Drops By 23%

Between January and September 2025, Linkage Assurance Plc recorded N19.29 billion in revenue, representing a 17.47 percent rise, compared to the N16.42 billion turnover generated in the same period in 2024. In the company’s unaudited financial statements for the period ended September

January 7, 2026

Business·News·Technology

Nigerian Mobile Users May Pay More Under New NCC Roadmap

By Prosper Okoye Nigerian mobile phone users may face higher call and data costs following a new five-year plan released by the country’s telecoms regulator. Prime Business Africa gathered that the Nigerian Communications Commission (NCC) has published a Draft Spectrum Roadmap outlining

January 7, 2026

Business·Top Stories

Naira Appreciates Against Dollar Across FX Markets

On Tuesday, January 6, the foreign exchange rate for the United States dollar (USD) decreased by N17 or 1.18 percent to N1,416 on the Nigerian foreign exchange market (NFEM). According to data obtained from the Central Bank of Nigeria (CBN), the dollar

January 6, 2026

Business·Top Stories

Equity Traders Partake In 54,212 Deals On NGX, Trade 758.98m Shares

Over N468.58 billion was added to the market capitalisation of the Nigerian Exchange (NGX) on Tuesday, January 6, pushing the bourse’s valuation to N102.27 trillion. The market capitalisation of the NGX, also known as the stock market, increased from N101.80 trillion recorded

January 6, 2026

Business·Top Stories

Lasaco Assurance Suffers N404.22bn Loss

Lasaco Assurance, in its unaudited financial statements for the period ended September 30, 2025, said revenue increased by 40 percent to N23.83 billion in the first nine months of last year, surpassing the N17.02 billion recorded in the same period in 2024.

January 6, 2026

Naira Falls Against Dollar Across FX Markets

Business·Top Stories

Official, Parallel Markets Record Increase In Dollar Rates

The Nigerian foreign exchange market (NFEM), also known as the official window, recorded a rate of N1,433 per dollar at the close of trading on Monday, January 5. This was N2 above the N1,431/$1 reported on Friday, January 2, 2026, indicating the

January 5, 2026

Business·News·Top Stories

Nigeria Tax Law: Lawmakers Release True Copies, Revenue Chief Rejects

By Prosper Okoye Nigeria’s House of Representatives has released official copies of four new tax laws signed by President Bola Tinubu, following claims that some versions in circulation differ from what lawmakers approved. The decision comes as the head of Nigeria’s Revenue

January 5, 2026

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·Top Stories

NGX Market Cap Reaches N101.80trn, Regal Insurance Leads Surge

The market capitalisation of the Nigerian Exchange (NGX) increased by N1.87 trillion to N101.80 trillion on Monday, January 5, from N99.94 trillion recorded on January 2. Also, the all-share index (ASI) expanded from 156,492.36 ASI to 159,218.22 ASI, representing an appreciation of

January 5, 2026

1 2 3 … 734 Next

GivTrade Secures UAE SCA Category 5 Licence

GivTrade, an international multi-asset brokerage providing access to global markets

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Business

Nigeria Customs to step up intelligence-led checks

Over N409.66bn Gained As NGX Investors Trade 1.44bn Shares

Dollar Rate Rises To N1,421/$1 In Official Window

Linkage Assurance’s Revenue Rises To N19.29bn, Profit Drops By 23%

Nigerian Mobile Users May Pay More Under New NCC Roadmap

Naira Appreciates Against Dollar Across FX Markets

Equity Traders Partake In 54,212 Deals On NGX, Trade 758.98m Shares

Lasaco Assurance Suffers N404.22bn Loss

Official, Parallel Markets Record Increase In Dollar Rates

Nigeria Tax Law: Lawmakers Release True Copies, Revenue Chief Rejects

NGX Market Cap Reaches N101.80trn, Regal Insurance Leads Surge

Featured Stories

Nigeria Customs to step up intelligence-led checks

Bianca Ojukwu’s Fake Ndigwe Title: The Ignored Caution in Onoh’s ‘Aninefungwu’ Name

Leadership Failure Sparks Outrage as ‘One Chance’ Robbers Kill Nurse, Woman in Abuja

Nigerian Mobile Users May Pay More Under New NCC Roadmap

Whatsapp Channel

Latest News

U.S. Suspends Aid to Somalia Over Alleged Seizure of WFP Food Supplies

Redefining Literacy: A Broader Perspective

New Year, New Yearn

U.S. Seizes Russian Tanker in Atlantic, Russian Lawmaker Calls for Retaliation

GivTrade Secures UAE SCA Category 5 Licence

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

Dollar Trades Flat In Black Market, Appreciates In Official Window

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

U.S. Suspends Aid to Somalia Over Alleged Seizure of WFP Food Supplies

Suggestions

Business

Featured Stories

Follow Us

Whatsapp Channel

Latest News