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Business - Page 168

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

AMA News·Business·Technology

African business leaders upbeat about technology’s growing impact on continent

JOHANNESBURG, South Africa, 07 November 2024 -/African Media Agency(AMA)/- African business and technology leaders met today at SAP Now to discuss opportunities for greater adoption of technology to power growth and innovation. Speaking at the event, Eskom chairman Mteto Nyati said: “South Africa is slowly

November 7, 2024

AMA News·Business·Technology

Beacon Power Services Secures Series A Funding to Accelerate Sustainable Data-Driven Solutions for Africa’s Power Sector

Bimbola Adisa, Founder & Chief Executive Officer of BPS ACCRA, Ghana, 07 November 2024 -/African Media Agency (AMA)/- Beacon Power Services (BPS), an energy tech company providing data and grid management solutions to help Africa’s power sector distribute electricity more efficiently, today announced the

November 7, 2024

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

Business·News·Oil & Gas

Marketers Kick Against Dangote Monopoly, Insist On Continued Petrol Imports

Marketers Warn Against Dangote Monopoly in Nigeria’s Petroleum Sector Three oil marketers, AYM Shafa Limited, A.A. Rano Limited, and Matrix Petroleum Services Limited, are calling for continued petrol imports in Nigeria, opposing Dangote Refinery’s request for exclusive control over the nation’s petroleum

November 7, 2024

US Election: Oil Prices Rises to $75 Per Barrel After Trump’s Election Win, Sparking Market Uncertainty, Supply Concerns

Business·News·Oil & Gas·World News

Oil Prices Rise to $75 Per Barrel After Trump’s Victory

Trump’s Victory Pushes Oil Prices Up Amid Market Uncertainty Oil prices have seen a marked increase following Donald Trump’s win in the 2024 U.S. presidential election. Brent crude rose to $75.57 per barrel, and U.S. West Texas Intermediate (WTI) climbed to $72.23,

November 7, 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, 7th November 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

November 7, 2024

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

Business·Markets·News

Nigeria’s Equity Market Sees Downturn As UBA, Oando Lead Decline

Equity Market Experiences Loss Amid Declines in Leading Stocks After a promising start to the week, Nigeria’s equity market saw a downturn on Wednesday as top stocks, including UBA, Oando, Nascon, Thomas Wyatt, and Lasaco, posted declines. The Nigerian Exchange Limited (NGX)

November 7, 2024

Naira Falls Against Dollar Across FX Markets

Business·Currency·Markets·News

Naira Falls As US Dollar Strengthens Following Trump’s Victory

Nigerian Naira has depreciated significantly as the US dollar strengthened against other world currencies following the victory of Donald Trump at the 2024 presidential election. Trump, 78, secured over 270 votes required to win the number one seat in the White House.

November 7, 2024

Business·News

Crude Oil production: NCDMB Advocates Annual FID Week

As part of the strategies to increase Nigeria’s crude oil production and enhance revenue accruing to the national treasury, the Nigerian Content Development and Monitoring Board (NCDMB) has called for a week in each year to be dedicated to signing final investment

November 6, 2024

Business·Opinion

Should We Go Back To Fuel Importation?

The two major trade groups in the petroleum downstream market are up in arms with Dangote Refinery, accusing it of monopolistic tendencies to dominate the sector and dictate prices. Independent Petroleum Marketers Association of Nigeria (IPMAN) and Petroleum Products Retail Outlets Association

November 6, 2024

AMA News·Business

Successful Launch of the First ZLECAF Business Forum

CASABLANCA, Morocco, 6th November 2024-/African Media Agency (AMA)/- Under the High Patronage of His Majesty King Mohammed VI, may God give him strength and success, the inaugural edition of the ZLECAF Business Forum, held on November 5, 2024, was presided over by Mr.

November 6, 2024

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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 168

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

African business leaders upbeat about technology’s growing impact on continent

Beacon Power Services Secures Series A Funding to Accelerate Sustainable Data-Driven Solutions for Africa’s Power Sector

Marketers Kick Against Dangote Monopoly, Insist On Continued Petrol Imports

Oil Prices Rise to $75 Per Barrel After Trump’s Victory

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 7th November 2024

Nigeria’s Equity Market Sees Downturn As UBA, Oando Lead Decline

Naira Falls As US Dollar Strengthens Following Trump’s Victory

Crude Oil production: NCDMB Advocates Annual FID Week

Should We Go Back To Fuel Importation?

Successful Launch of the First ZLECAF Business Forum

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