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Business - Page 126

First HoldCo, Lasaco Add N244.61bn To Nigerian Stock Market

The Nigerian Exchange Limited (NGX) said the market capitalisation for the stock market increased to N95.52 trillion on Wednesday, December 17, from the N95.28 trillion posted on Tuesday, December 16, representing a N244.61 billion gain. About 383.71 basis points were added to

December 17, 2025

Business·News

Tomatoes Prices Drop By 90% As Farmers Celebrate Bumper Harvest

The price of tomatoes has dropped significantly in Lagos and other major cities, bringing much-needed relief to households across Nigeria. Farmers are attributing this development to a bumper harvest recorded during the January -March harvest period. In Lagos, the price of a

January 27, 2025

Mission Energy Summit to Gather Africa’s Leaders and Partners to Transform Energy Sector

AMA News·Business

Mission 300 Energy Summit to Gather Africa’s Leaders and Partners to Transform Energy Sector

AFDB WASHINGTON, USA, January 27, 2025 /African Media Agency (AMA)/ – African heads of state, business leaders, and development partners will converge tomorrow in Dar es Salaam, Tanzania, for the Mission 300 Africa Energy Summit where they will commit to ambitious reforms and actions to

January 27, 2025

List Of Countries Nigerians Can Visit Where Naira Is Stronger

Business·FEATURES·News

Inflation: Has The Naira Become Victim Of Policy Missteps?

The naira, Nigeria’s currency, has been on a turbulent journey, facing consistent depreciation and mounting inflationary pressures. As inflation rises to alarming levels and fiscal deficits continue to grow, experts are raising questions about whether government policies are doing more harm than

January 27, 2025

5 Reasons Nigeria's Crude Oil Production is Declining – And What Next

Business·News·Oil & Gas

Nigeria Needs Improved Security, Investment To Achieve Over 2 mbpd Crude Oil Production – Report

Nigeria must tackle security challenges, boost investments, and implement stronger regulatory frameworks to achieve its crude oil production target of 2.06 million barrels per day (mbpd) by 2025, a recent report by PricewaterhouseCoopers (PwC) has stated. Nigeria’s Current Crude Oil Production The

January 26, 2025

Business·News

Price of Cooking Gas Rises By 44.62% In One Year – NBS

The Nigeria Bureau of Statistics (NBS) has revealed that the price of cooking gas rose significantly in 2024. According to the NBS Liquefied Petroleum Gas (Cooking Gas) Price Watch for December 2024, the cost of refilling a 5kg cylinder increased from N4,962.87

January 26, 2025

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

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th January 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

January 26, 2025

EFCC Faces Internal Scandals Officers Disappear With Seized Gold, $30,000

Business·News

EFCC Under Scrutiny As Operatives Disappear With Seized Gold, $30,000

The Economic and Financial Crimes Commission (EFCC) is grappling with internal scandals after officers were accused of stealing seized gold worth over ₦1 billion and $30,000 in cash. The antigraft agency has found itself under intense public scrutiny following a series of

January 25, 2025

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business·Markets·News

Stock Market Rises By 1.22% As Investors Gain N206bn In One Week

Investors in Nigeria’s stock market gained N206 billion during the trading week ending Friday, January 24, 2025, as the market closed with a 1.22% rise. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) increased from 102,353.68 points to 103,598.3 points, while the

January 25, 2025

How Palliatives Are Failing To Address Nigeria’s Food Crisis- Nigerians, Experts

Business·FEATURES·News

Food Crisis Persists: Why Nigeria’s Palliatives Aren’t Working

In Nigeria, food crisis has escalated beyond what palliatives can resolve. While governments distribute food items in times of economic hardship, the effort often feels like pouring water into a basket—well-meaning but ultimately futile. Rising food inflation, exacerbated by the removal of

January 25, 2025

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 25th January 2025

January 25, 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 126

First HoldCo, Lasaco Add N244.61bn To Nigerian Stock Market

Tomatoes Prices Drop By 90% As Farmers Celebrate Bumper Harvest

Mission 300 Energy Summit to Gather Africa’s Leaders and Partners to Transform Energy Sector

Inflation: Has The Naira Become Victim Of Policy Missteps?

Nigeria Needs Improved Security, Investment To Achieve Over 2 mbpd Crude Oil Production – Report

Price of Cooking Gas Rises By 44.62% In One Year – NBS

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th January 2025

EFCC Under Scrutiny As Operatives Disappear With Seized Gold, $30,000

Stock Market Rises By 1.22% As Investors Gain N206bn In One Week

Food Crisis Persists: Why Nigeria’s Palliatives Aren’t Working

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 25th January 2025

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UK Targets Sugary Milk Drinks as Government Tightens Health Levy

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Business - Page 126

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