Business - Page 160

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

Equity Market Declines By 0.95% As Investors Lose N539bn In Nigeria

Nigeria’s equity market saw a sharp decline of 0.95% during the holiday-shortened trading week ending on Friday, October 4. The dip led to an estimated N539 billion loss for investors, driven largely

Emmanuel Ochayi

October 5, 2024

Business·News

UBA Targets 45% Deposit Growth In 2024

Group Managing Director, United Bank for Africa (UBA) Group, Mr Oliver Alawuba, has revealed that the bank is committed to achieving a target of 45 per cent deposit growth, 40 per cent

Victor Ezeja

October 4, 2024

AMA News·Business

Africa Specialty Risks Ltd to operate as a Lloyd’s service company on behalf of ASR Syndicate 2454

LONDON, 4th October 2024 -/African Media Agency (AMA)/- Africa Specialty Risks (ASR), the pan-African and Middle East focused (re)insurance group, announces that Africa Specialty Risks Ltd (ASR Ltd), ASR’s UK based entity is operating

Prime Business Africa

October 4, 2024

Business·News·Oil & Gas

Naira-for-Crude Deal Delayed Despite October 1 Deadline

Naira-for-Crude supply yet to commence The much-anticipated Naira-for-Crude deal between the Nigerian National Petroleum Company Limited (NNPC) and the Dangote Petroleum Refinery, expected to start on October 1, 2024, has been delayed.

Emmanuel Ochayi

October 4, 2024

How Nigeria's FX Reserves Dropped By $1.3bn– Report

Business·Markets·News

Dollar’s Share of Global FX Reserves Falls By 1.46% As Nations Seek Diversification

The dollar’s dominance in global foreign exchange (FX) reserves took a slight dip in the second quarter of 2024, with its share dropping by 1.46 per cent compared to the previous quarter.

Emmanuel Ochayi

October 4, 2024

Federal Government Delays NYSC Allowance Increase, Corps Members Paid ₦33,000 Instead Of ₦77,000

Business·News

Despite N77,000 Approval, FG Pays N33,000 Allowance, Corps Members React

Corps Members Disappointed as FG Pays Old ₦33,000 Allowance The Federal Government has surprised many by paying the National Youth Service Corps (NYSC) members their old monthly allowance of N33,000 for September,

Emmanuel Ochayi

October 4, 2024

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, 4th October 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

Victor Ezeja

October 4, 2024

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

Business·Markets·News

Nigerian Equity Market Sees 1.19% Decline Amid Trading Volume Drop

Nigerian Equity Market Drops by 1.19% On October 3, 2024, the Nigerian equity market witnessed a significant decline, with the All-Share Index (ASI) dropping by 1.19%, shedding 1,167.97 points to close at

Emmanuel Ochayi

October 4, 2024

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

Business·Currency·Markets·News

Naira Rebounds As Dollar Supply Surges To $450.39m

The Nigerian naira recorded appreciation for the first time in the week’s trading at the official segment of the foreign exchange market. The naira exchanged N1659.26 against dollar on Thursday, 3 October,

Victor Ezeja

October 4, 2024

Business·News

NBS Reports National Cost Of Healthy Diet Dropped To N1,255 In August

NBS Reports Drop in Cost of Healthy Diet for August 2024 The National Bureau of Statistics (NBS) has revealed that the average daily cost of a healthy diet per adult in Nigeria

Emmanuel Ochayi

October 4, 2024

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Business - Page 160

Equity Market Declines By 0.95% As Investors Lose N539bn In Nigeria

UBA Targets 45% Deposit Growth In 2024

Africa Specialty Risks Ltd to operate as a Lloyd’s service company on behalf of ASR Syndicate 2454

Naira-for-Crude Deal Delayed Despite October 1 Deadline

Dollar’s Share of Global FX Reserves Falls By 1.46% As Nations Seek Diversification

Despite N77,000 Approval, FG Pays N33,000 Allowance, Corps Members React

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 4th October 2024

Nigerian Equity Market Sees 1.19% Decline Amid Trading Volume Drop

Naira Rebounds As Dollar Supply Surges To $450.39m

NBS Reports National Cost Of Healthy Diet Dropped To N1,255 In August

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