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Business - Page 138

AIICO Drops, Cornerstone Rises On List Of Insurance Companies With Highest Market Valuation

The end of the third quarter (Q3) of 2025 saw 10 insurance companies change positions on the list of the most valuable insurers on the Nigerian Exchange (NGX) Limited, also known as the stock market. According to an analysis by Prime Business

December 18, 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 Rises On First Trading Day Of 2025

Nigeria’s equity market started 2025 on a positive trajectory, with a 0.25% rise in the NGX All Share Index (ASI). This increase brought the ASI to 102,926.4 points, while the overall market capitalisation grew from ₦62.763 trillion in 2024 to ₦62.918 trillion

January 3, 2025

Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Business·News·Oil & Gas·World News

Global Oil Prices Rise By $74.80/barrel As Investors Eye China, U.S. Policies

Global oil prices showed a minor increase on the first trading day of 2025, reflecting cautious optimism among investors. Brent crude futures rose by 17 cents, reaching $74.80 per barrel by 0547 GMT. Similarly, U.S. West Texas Intermediate (WTI) crude climbed 19

January 2, 2025

Naira Falls Against Dollar Across FX Markets

Business·Markets·News

Naira Opens New Year With Stable Performance Across FX Markets

The naira started 2025 with a stable performance in the Nigerian Foreign Exchange Market (NFEM). Data from the Central Bank of Nigeria (CBN) revealed that the currency opened at N1,538.50 to the dollar on Thursday, marking only a slight adjustment from the

January 2, 2025

Debt Servicing In Nigeria 2025 Budget: What Is Debt Servicing, Why Does It Matter?

Business·FEATURES·News

2025 Budget: Why Debt Servicing Matters

Debt servicing has become a major financial burden for Nigeria, taking precedence over other critical sectors like education, health, and infrastructure. The proposed 2025 budget, tagged the “Budget of Restoration: Securing Peace, Rebuilding Prosperity,” allocates N15.81 trillion to debt servicing. This allocation

January 2, 2025

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

Business·Markets·News

Nigeria’s Equity Market 2024 Top 10 Performing Stocks

The Nigerian All-Share Index (ASI) grew by 37.65% in 2024, continuing a five-year bullish streak. Starting the year at 74,773.98 points, the ASI peaked at 104,562 points in March before experiencing mid-year volatility due to regulatory pressures. Despite a temporary decline, the

January 2, 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, January 2nd, 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 2, 2025

Business·FEATURES·News

Inflation: Will Tinubu’s Economic Reforms Save Nigerians Or Break Them In 2025?

Inflation has been described as the cruellest tax, silently eroding purchasing power and deepening poverty. In Nigeria, the situation has reached alarming heights, with inflation hitting 34.6%—a 28-year high. The government has set an ambitious target to reduce it to 15% by

January 1, 2025

Business·Currency·Markets·News

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

January 1, 2025

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

Business·Markets·News

Nigeria’s Equity Market Closes Year Lower As Investors Lose N136bn

Stock Price Declines Lead to Market Drop The Nigerian equity market ended the year on a negative note, as investors lost ₦136 billion at the close of trading on Tuesday. The drop was largely driven by a decrease in the share prices

January 1, 2025

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Currency·Markets·News

Naira Falls By 69% YoY To N1,535 Per Dollar At Official Market

The Nigerian naira crashed by 69.21 per cent year-on-year following foreign exchange market reforms that led to devaluation of the local currency. According to official foreign exchange market data published on the Central Bank of Nigeria (CBN), website, the naira closed trading

January 1, 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 138

AIICO Drops, Cornerstone Rises On List Of Insurance Companies With Highest Market Valuation

Nigeria’s Equity Market Rises On First Trading Day Of 2025

Global Oil Prices Rise By $74.80/barrel As Investors Eye China, U.S. Policies

Naira Opens New Year With Stable Performance Across FX Markets

2025 Budget: Why Debt Servicing Matters

Nigeria’s Equity Market 2024 Top 10 Performing Stocks

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, January 2nd, 2025

Inflation: Will Tinubu’s Economic Reforms Save Nigerians Or Break Them In 2025?

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

Nigeria’s Equity Market Closes Year Lower As Investors Lose N136bn

Naira Falls By 69% YoY To N1,535 Per Dollar At Official Market

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Business - Page 138

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