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Business - Page 133

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

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

Business·Markets·News

Nigeria’s Stock Market Rises By 1.80% In One Week

The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and Stock Market Capitalisation saw notable gains, rising by 1.80 per cent. By the end of trading on Friday, January 10, the ASI stood at 105,451.06 points, while the Market Capitalisation reached N64.303 trillion.

January 11, 2025

Business·Finance & Economy·News·Top Stories

How To Start Investing In Stocks As A Beginner

If you’re looking to invest your money in a profitable venture, you’ll find that the stock market has much to offer. But then, like every other investment, starting can be uncertain and challenging. It’s even harder when you’re a beginner. This article

January 10, 2025

Benefits Of Dangote Refinery’s PMS, Diesel Distribution Plan

Business·Oil & Gas

Dangote Refinery Builds 6.3 Million Barrels Capacity Storage, Plans More Crude Import

Dangote Refinery has set out to build eight new storage tanks with a combined capacity of 6.3 million barrels of crude oil to store crude. This is as the 650,000-barrel-a-day capacity refinery plans to import more crude oil in 2025 following its

January 10, 2025

Zambia Airports Corporation Limited renews trust in Thales with a year agreement for safer skies

AMA News·Business·Technology

Zambia Airports Corporation Limited renews trust in Thales with a 3-year agreement for safer skies

Zambia Airports Corporation Limited (ZACL) has been successfully operating Thales solutions in Lusaka and Livingstone sites for 9 years. ZACL and Thales have signed a 3-year agreement for the maintenance of ATC solutions and radars systems supplied by Thales to support the

January 10, 2025

Business·News

Why Nigeria’s Inflation Rate May Drop To 27.1% By December – Report

Nigeria’s inflation rate is forecasted to decline to 27.1% by December 2025, according to the latest NESG-Stanbic IBTC Business Confidence Monitor (BCM) report. This prediction offers a glimmer of hope for both businesses and consumers who have been grappling with prolonged economic

January 10, 2025

Business·News

Top Most Indebted African Countries

As Africa navigates through 2025, many countries are grappling with staggering debt levels. These debts, often measured by the debt-to-GDP ratio, highlight the financial strains and challenges that several African nations face. This critical metric indicates how much a country owes compared

January 10, 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, 10th 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 10, 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 As Investors Celebrate N792bn Surge

The Nigerian equity market saw a boost as investors reaped gains of N792 billion on Thursday. This surge in value came after the share prices of key stocks like MTN Nigeria, Honey Flour, and Universal Insurance rose sharply. The equity capitalization climbed

January 10, 2025

Business

Tariff Increase Will Make Telecom Sector More Sustainable – Rewane

Chief Executive Officer of Financial Derivatives, Bismarck Rewane, has said the proposed increase in tariff by telecoms companies would make the sector more sustainable. Rewane said the proposed tariff increase would not be a “bad deal” for both telecoms companies and consumers.

January 9, 2025

Business·News·Oil & Gas

Nigerian Navy Destroys 9 Illegal Refineries Sites, 35,000 Litres Of Crude Oil

The Nigerian Navy Forward Operating Base (FOB) in Igbokoda has taken decisive action against illegal refineries in the Obenla community, Ilaje Local Government Area of Ondo State. On January 6, 2025, naval operatives dismantled nine illegal refining sites, destroying 20,000 litres of

January 9, 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 133

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

Nigeria’s Stock Market Rises By 1.80% In One Week

How To Start Investing In Stocks As A Beginner

Dangote Refinery Builds 6.3 Million Barrels Capacity Storage, Plans More Crude Import

Zambia Airports Corporation Limited renews trust in Thales with a 3-year agreement for safer skies

Why Nigeria’s Inflation Rate May Drop To 27.1% By December – Report

Top Most Indebted African Countries

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 10th January 2025

Nigeria’s Equity Market Gains As Investors Celebrate N792bn Surge

Tariff Increase Will Make Telecom Sector More Sustainable – Rewane

Nigerian Navy Destroys 9 Illegal Refineries Sites, 35,000 Litres Of Crude Oil

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SEC Orders Full Registration of Tradable Instruments by January 2026

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resigns

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Business - Page 133

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