Business - Page 13

Investing In Wema Bank Shares More Profitable Than Hoarding Dollars In 2025

Year-to-date, investing in Wema Bank has been more profitable than hoarding the United States dollar (USD), according to analysis by Prime Business Africa. Between January 2 and July 23, the dollar has

Prime Business Africa

July 23, 2025

Business·Top Stories

Equity Investors Trade N17bn Shares In Nigerian Bourse, Market Cap Rises N66.86bn

The market capitalisation of the Nigerian Exchange Limited (NGX) increased by N66.86 billion to N83.85 trillion on Wednesday, July 23, from N83.78 trillion reported on Tuesday, July 22. Similarly, the all-share index

Prime Business Africa

July 23, 2025

Business·Top Stories

Cadbury Nigeria Generates N37bn, Posts N5.97bn Profit After Tax

Cadbury Nigeria Plc generated N37.22 billion in the first quarter (Q1) of 2025, compared to the N23,69 billion recorded in the same period last year, representing an increase of 57 percent. The

Prime Business Africa

July 23, 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, 23rd July 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

July 23, 2025

CBN Raises Benchmark Interest Rate To 26.75% Amid Soaring Inflation

Business·Top Stories

Nigeria’s Gross External Reserves Rise To $40.11bn – CBN

The Central Bank of Nigeria (CBN) Governor, Dr Olayemi Cardoso, says Nigeria’s gross external reserves rose to $40.1 billion as of July 2025. He said this figure represents about 9.5 months of import

Victor Ezeja

July 23, 2025

Business·Oil & Gas·Top Stories

NNPC Revenue Drops By 23.9% Amid Global Oil Market Volatility

The Nigerian National Petroleum Company (NNPC) Limited reported a 23.9 per cent decline in oil revenue in June 2025, dropping to ₦4.57 trillion from ₦6 trillion in May. This marked the lowest revenue in three months. The drop was attributed to

Victor Ezeja

July 22, 2025

Dangote Sugar Reveals Allotted Shares Proposed For Merger With NASCON, Rice Producer

Business·Top Stories

Dangote Sugar, Sovereign Insurance Lift Nigerian Stock Market Cap By N395bn

A 0.47 percent increase in the all-share index (ASI) added N395.34 billion to the Nigerian stock market capitalisation on Tuesday, July 22. This increased the market capitalisation to N83.78 trillion, from N83.39

Prime Business Africa

July 22, 2025

Business·Top Stories

Briclinks Africa’s Revenue Rises By 3%, Total Assets Drop To N8.10bn

Briclinks Africa has reported a turnover of N135.61 million in the second quarter (Q2) of 2025, up slightly by 3 percent compared to the N131.66 million revenue recorded in the first quarter

Prime Business Africa

July 22, 2025

Business·Top Stories

Most Valuable Paint Manufacturers In Nigeria In Q2 2025

The combined market valuation of paint manufacturers listed on the Nigerian Exchange Limited (NGX) increased to N55.54 billion in the second quarter (Q2) of 2025. According to analysis by Prime Business Africa,

Prime Business Africa

July 22, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22nd July 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

July 22, 2025

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Business - Page 13

Investing In Wema Bank Shares More Profitable Than Hoarding Dollars In 2025

Equity Investors Trade N17bn Shares In Nigerian Bourse, Market Cap Rises N66.86bn

Cadbury Nigeria Generates N37bn, Posts N5.97bn Profit After Tax

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 23rd July 2025

Nigeria’s Gross External Reserves Rise To $40.11bn – CBN

NNPC Revenue Drops By 23.9% Amid Global Oil Market Volatility

Dangote Sugar, Sovereign Insurance Lift Nigerian Stock Market Cap By N395bn

Briclinks Africa’s Revenue Rises By 3%, Total Assets Drop To N8.10bn

Most Valuable Paint Manufacturers In Nigeria In Q2 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22nd July 2025

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