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Business - Page 121

Airplane Crashes at Owerri Airport – Four Injured, No Fatalities

A Skypower Express Cessna 172, registration 5N‑ASR, crashed during an emergency landing at Sam Mbakwe International Cargo Airport in Owerri, Imo State, on Tuesday night. The aircraft, which had departed Kaduna International Airport bound for Port Harcourt International Airport, declared an in‑flight emergency and diverted

December 17, 2025

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

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 6th February 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, especially the Aboki Fx as

February 6, 2025

NGX Set To Lose N60bn As MRS Oil Nigeria Plc Plans To Delist Shares

Business·Markets·News

Nigeria’s Equity Market Rises For Third Day As Investors Buy FBN Holdings, Eterna, Cadbury

Nigeria’s equity market continued its positive trend on Wednesday, rising by 0.51 per cent or N332 billion. The market recorded its third consecutive day of gains this week as investors increased their purchase of FBN Holdings, Eterna Plc, and Cadbury shares. The

February 6, 2025

Business·Currency

Heirs Holdings Appoints Chidi Okpala As Executive Director

Heirs Holdings has announced a further strategic leadership appointment, with Chidi Okpala becoming Executive Director for Payments, Group Integration & Strategy (PGIS). He will oversee Heirs Holdings’ technology and healthcare business sectors and will also be responsible for driving synergies across the

February 6, 2025

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business·Markets·News

Naira Appreciates To N1,590/$1 In Black Market

The Naira appreciated to N1,590 per dollar in the black market on Wednesday, breaking the N1,600 mark. This marks a 4.7% gain in one month, as the local currency rose from N1,665 per dollar traded at the beginning of the year. On

February 5, 2025

Naira Falls Against Dollar Across FX Markets

Business·Markets·News

Naira Holds Steady As CBN Extends Dollar Access To BDC Operators

The naira closed flat on Tuesday across foreign exchange (FX) markets following reduced demand and improved liquidity. This development came as the Central Bank of Nigeria (CBN) extended access to Bureau De Change (BDC) operators for purchasing dollars. At the Nigerian Foreign

February 5, 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th February 2025

February 5, 2025

Banking In Nigeria: A Tale Of Frustration, Long Queues, High POS Charges

Business·FEATURES·Finance & Economy·News

Banking In Nigeria: Tale Of Frustration, Long Queues, High POS Charges

In recent years, Nigeria’s banking landscape has shifted dramatically. The rise of Point-of-Sale (POS) operators has transformed how many Nigerians access their money. While these agents offer convenience, they’ve also introduced new challenges, especially concerning cash withdrawals. Many Nigerians now face long

February 5, 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·News

Nigeria’s Equity Market Gains 0.15% As Northern Nigeria Flour Mills, Beta Glass Lead Rally

Nigeria’s equity market extended its positive momentum on Tuesday, rising by 0.15%. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) moved from 104,630.3 points to 104,788.35 points. Similarly, the equity market capitalization increased from N64.791 trillion to N64.889 trillion. Market analysts attributed

February 5, 2025

Business·News·Power

₦200bn Monthly Electricity Subsidy Benefits Only Wealthy Nigerians – Energy Adviser

By Kelechi Ogbu Olu Verheijen, Special Adviser to Nigeria’s President Bola Tinubu on Energy, has revealed that the Federal Government spends over ₦200 billion every month on electricity subsidies. She said the electricity subsidies benefit only wealthiest 25 per cent of Nigerians

February 5, 2025

Business·News

Nigeria’s External Reserve Drops By $1.19bn In Less Than One Month

Nigeria’s external reserve has dropped by $1.19 billion in just three weeks and five days, according to data from the Central Bank of Nigeria (CBN). The gross external reserve, which stood at $40.920 billion on January 6, 2025, declined steadily to $39.723

February 4, 2025

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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

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

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Business - Page 121

Airplane Crashes at Owerri Airport – Four Injured, No Fatalities

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 6th February 2025

Nigeria’s Equity Market Rises For Third Day As Investors Buy FBN Holdings, Eterna, Cadbury

Heirs Holdings Appoints Chidi Okpala As Executive Director

Naira Appreciates To N1,590/$1 In Black Market

Naira Holds Steady As CBN Extends Dollar Access To BDC Operators

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th February 2025

Banking In Nigeria: Tale Of Frustration, Long Queues, High POS Charges

Nigeria’s Equity Market Gains 0.15% As Northern Nigeria Flour Mills, Beta Glass Lead Rally

₦200bn Monthly Electricity Subsidy Benefits Only Wealthy Nigerians – Energy Adviser

Nigeria’s External Reserve Drops By $1.19bn In Less Than One Month

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Business - Page 121

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