Business

Adeyemi Adeola Increases Stake In Sterling Bank’s Parent Company From 3% To 23%

Adeyemi Adeola, the chairman of Sterling Financial Holdings Company Plc, the parent company of Sterling Bank, has increased his stake in the financial institution to curb the impact of the lender’s share

Prime Business Africa

August 13, 2025

Business·Top Stories

Sunu Assurances Posts N4.69bn Revenue, Profit Drops By 58.50%

Sunu Assurances has released its unaudited interim financial statements for the second quarter (Q2) of 2025, disclosing that revenue grew 31.77 percent to N4.69 billion during the period, exceeding the N3.55 billion

Prime Business Africa

August 13, 2025

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

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 13th August 2025

What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian naira (NGN) in the parallel market, also known

Victor Ezeja

August 13, 2025

Business·Top Stories

Stock Market Cap Increases By N110.77bn As ASI Rises 0.12%

A 0.12 percent increase in the all-share index (ASI) of the Nigerian Exchange Limited (NGX) led to the bourse’s market capitalisation rising by N110.77 billion on Tuesday, August 12. According to data

Prime Business Africa

August 12, 2025

Money Supply In Nigeria Rises By N600bn, Currency In Circulation Drops To N2.59trn

Business·Finance & Economy

Consecutive Drop In Money Supply Puts Nigeria’s Economic Growth At Risk – Expert

While the consecutive drop in Nigeria’s money supply in 2025 is believed to have a link with in decline in the inflation rate, economic experts have warned that it poses significant risks

Victor Ezeja

August 12, 2025

Business·Top Stories

Mutual Benefits Assurance Records N41.19bn Revenue In H1 2025

Mutual Benefits Assurance has reported revenue of N41.19 billion in the first half (H1) of 2025, above the N28.49 billion generated as turnover in H1 2024, representing a 45 percent increase. Also,

Prime Business Africa

August 12, 2025

Business·Top Stories

New Investor Quietly Takes Over As Majority Shareholder Of Sovereign Trust Insurance

Power has changed hands in Sovereign Trust Insurance as New Eagle Millenium Limited quietly takes over as the majority shareholder of the company. While Sovereign Trust did not announce it through the

Prime Business Africa

August 12, 2025

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

Business·Markets

Naira Opens Week With Decline Across Forex Markets

The Nigerian currency, the naira, opened the week on a note of decline across foreign exchange market windows. At the official market, the Central Bank of Nigeria (CBN) data showed that the

Victor Ezeja

August 12, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 12th August 2025

What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian naira (NGN) in the parallel market, also known

Victor Ezeja

August 12, 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·Top Stories

NGX Rebounds With N79.61bn Gain

The stock market capitalisation of the Nigerian Exchange Limited (NGX) marginally increased by N79.61 billion to N92.29 trillion on Monday, August 11, from N92.21 trillion reported on Friday, August 8. Similarly, the

Prime Business Africa

August 11, 2025

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Business

Adeyemi Adeola Increases Stake In Sterling Bank’s Parent Company From 3% To 23%

Sunu Assurances Posts N4.69bn Revenue, Profit Drops By 58.50%

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 13th August 2025

Stock Market Cap Increases By N110.77bn As ASI Rises 0.12%

Consecutive Drop In Money Supply Puts Nigeria’s Economic Growth At Risk – Expert

Mutual Benefits Assurance Records N41.19bn Revenue In H1 2025

New Investor Quietly Takes Over As Majority Shareholder Of Sovereign Trust Insurance

Naira Opens Week With Decline Across Forex Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 12th August 2025

NGX Rebounds With N79.61bn Gain

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Adeyemi Adeola Increases Stake In Sterling Bank’s Parent Company From 3% To 23%

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