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Business - Page 143

Five Best-Performing Banks In Q3 2025 — By Profit Growth

Sterling Financial Holdings Company, First City Monument Bank (FCMB), Stanbic IBTC, Wema Bank and Ecobank are the top five best-performing banks in Nigeria by pretax profit growth in the third quarter (Q3) of 2025. The five banks made it to the list

December 19, 2025

Business·News·Oil & Gas

Competition Sets In As NNPCL, Like Dangote Refinery, Slashes Petrol Price

In what seems like an emerging competition in the downstream sector, the Nigeria National Petroleum Company Limited (NNPCL), has cut its ex-depot price of Premium Motor Spirit (PMS), also known as petrol to ₦899 per liter. This reflects a 12 per cent

December 21, 2024

Business·Oil & Gas

Nigerians To NNPC: Prove That Port Harcourt Refinery Is Working

Nigerians have called on the Nigeria National Petroleum Company Limited (NNPCL) to prove that Port Harcourt Refinery is working. This comes as NNPCL denied that the refinery has stopped working a few weeks after it resumed operations. A report in The Punch

December 21, 2024

Why Weak Dollar Despite Trade War Could Benefit Nigeria – Experts

Business·News

Yuletide: CBN Allows BDCs To Buy $25,000 Weekly Forex Needs

The Central Bank of Nigeria (CBN) has announced a temporary initiative allowing Bureau de Change (BDC) operators to purchase up to $25,000 weekly from the Nigerian Foreign Exchange Market (NFEM). This measure, effective from December 19, 2024, to January 30, 2025, aims

December 21, 2024

Hunger Crisis: The Forgotten Spirit Of Christmas In Nigeria

Business·FEATURES·News

How Hunger Crisis Overshadows Spirit Of Christmas In Nigeria

In Nigeria, the Christmas season has traditionally been a time of joy, love, and sharing. It is a period when families come together, communities unite, and the spirit of giving thrives. Yet, this year, the celebration is overshadowed by a growing hunger

December 21, 2024

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, 21st December 2024

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

December 21, 2024

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

Business·Markets·News

Nigerian Equity Market Loses N72.09 Billion As Key Stocks Decline

The Nigerian equity market experienced a N72.09 billion loss at the close of trading on Friday. The decline was driven by a drop in the share prices of key stocks such as Multiverse, Aradel, and Intenegins. This development has raised concerns among

December 21, 2024

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

Business·Currency·Markets·News

Naira Depreciates To N1,542 Per Dollar At Official Market

The Nigerian Naira ended the week on a negative note as it depreciated to N1,542 per dollar at the official foreign exchange market on Friday. According to data released by the Central Bank of Nigeria (CBN), the Nigerian Foreign Exchange Market (NFEM)

December 20, 2024

Dangote Refinery Boosts U.S. Jet Fuel Supply As Demand Rises

Business·News·Oil & Gas

How To Access Dangote Refinery’s Buy-One-Get-One Credit Offer

The Dangote Refinery has introduced a new initiative aimed at providing relief to Nigerians during the festive season. Consumers can now access a special buy-one-get-one credit offer on petrol purchases. According to Anthony Chiejina, Group Chief Branding and Communications Officer of Dangote

December 20, 2024

The Cost Of Cash Scarcity: How The New CBN Policy Is Reshaping Nigeria’s Informal Economy

Business·FEATURES·News

Cost Of Cash Scarcity: How New CBN Policy Is Reshaping Nigeria’s Informal Economy

Nigeria’s informal economy, which thrives on cash transactions, is facing a significant disruption. The Central Bank of Nigeria’s (CBN) new policy limiting cash withdrawals to N100,000 per customer daily for Point-of-Sale (PoS) agents has sent shockwaves through the economy. With over 60%

December 20, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 20th December 2024

December 20, 2024

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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 143

Five Best-Performing Banks In Q3 2025 — By Profit Growth

Competition Sets In As NNPCL, Like Dangote Refinery, Slashes Petrol Price

Nigerians To NNPC: Prove That Port Harcourt Refinery Is Working

Yuletide: CBN Allows BDCs To Buy $25,000 Weekly Forex Needs

How Hunger Crisis Overshadows Spirit Of Christmas In Nigeria

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 21st December 2024

Nigerian Equity Market Loses N72.09 Billion As Key Stocks Decline

Naira Depreciates To N1,542 Per Dollar At Official Market

How To Access Dangote Refinery’s Buy-One-Get-One Credit Offer

Cost Of Cash Scarcity: How New CBN Policy Is Reshaping Nigeria’s Informal Economy

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 20th December 2024

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Business - Page 143

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