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Business - Page 107

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Exchange Rates For Dollar Increase Across Parallel, Official Markets

In the black market on Thursday, December 18, the naira depreciated against the United States dollar (USD) by 0.13 percent to N1,489.01/$1, from the N1,487.01/$1 reported on Wednesday, December 17. According to Naira Rates data, while the foreign exchange (FX) rate for

December 18, 2025

Business·Markets·World News

Weak Dollar Despite Trade War Could Benefit Nigeria – Experts

Financial experts have predicted that the weakening of the US dollar due to ongoing trade tensions could bring economic benefits to Nigeria and other emerging markets. The latest round of tariffs imposed by former US President Donald Trump on China, Canada, and

March 8, 2025

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

Business·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 8th March 2025

What is the Dollar to Naira Exchange rate at 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 as black market, as of 8th March 2025

March 8, 2025

6 Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year

Business·Markets

Nigeria’s Stock Market Declines As Investors Lose N476bn

The Nigerian stock market experienced a decline in the trading week ending Friday, March 7, with investors losing about N476 billion. The market dropped by 1.19 percent as sell-offs continued in the equities sector. Despite some expectations for recovery, the market recorded

March 8, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 7th March 2025

March 7, 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·Markets

Nigeria’s Equity Market Gains 0.32% After Three Days Of Losses Amid Investors Buy Undervalued Stocks

Nigeria’s equity market recorded its first gain in March after three days of losses. The market rose by 0.32% on Thursday as investors moved to acquire low-priced stocks. Shares of Transcorp, Africa Prudential, and SCOA led the rally, helping to push the

March 7, 2025

NAFDAC Reopens Onitsha Drug Market Nearly One Month Of Closure, 50 trailers Of illicit drugs Seized

Business·News

NAFDAC Reopens Onitsha Drug Market, Seizes 50 truckloads Of Illicit Drugs

The National Agency for Food and Drug Administration and Control (NAFDAC) has reopened the Onitsha Drug Market and nearby markets after nearly a month-long closure. The agency shut down the markets as part of its fight against fake and substandard drugs. Martins

March 6, 2025

Business·Oil & Gas

Dangote Refinery Fuel Distribution Expands with New Partner

Dangote Refinery has expanded its fuel distribution network by partnering with Optima Energy. This new addition complements its existing partnerships with MRS Nigeria, Ardova PLC, and Heyden. The move is expected to improve fuel availability and price stability across Nigeria. Since the

March 6, 2025

Expert Predicts Bitcoin Hitting $180,000 By End Of 2025, Urges Nigeria To Build Crypto Reserve

Business·Technology·World News

Bitcoin Surges Past $92,000 As Market Rebounds Before US Crypto Summit

Bitcoin has experienced a strong recovery, rising by 6.23% to trade above $92,000. This marks a significant turnaround for the cryptocurrency market, which has reclaimed the $3 trillion global market capitalisation. The rally comes just before the highly anticipated US Crypto summit

March 6, 2025

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Business·Markets

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

The naira weakened across different segments of the foreign exchange (FX) market on Wednesday as demand for the dollar increased among end users. Traders reported a surge in dollar purchases, which placed pressure on the naira, leading to depreciation in both the

March 6, 2025

Business

10 Most Expensive Phones

The smartphone industry is constantly evolving, with brands introducing advanced technology, AI-driven features, and foldable designs. In 2025, the most expensive phones are more than just communication devices—they offer powerful computing, professional photography, and immersive entertainment. These premium devices come at a

March 6, 2025

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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

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

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Business - Page 107

Exchange Rates For Dollar Increase Across Parallel, Official Markets

Weak Dollar Despite Trade War Could Benefit Nigeria – Experts

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 8th March 2025

Nigeria’s Stock Market Declines As Investors Lose N476bn

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 7th March 2025

Nigeria’s Equity Market Gains 0.32% After Three Days Of Losses Amid Investors Buy Undervalued Stocks

NAFDAC Reopens Onitsha Drug Market, Seizes 50 truckloads Of Illicit Drugs

Dangote Refinery Fuel Distribution Expands with New Partner

Bitcoin Surges Past $92,000 As Market Rebounds Before US Crypto Summit

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

10 Most Expensive Phones

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Exchange Rates For Dollar Increase Across Parallel, Official Markets

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Business - Page 107

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