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Business - Page 171

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

Between Fuel Price Burden And CNG Conversion Cost, Safety: The Dilemma Of Nigerians

Business·FEATURES·Oil & Gas

Between Fuel Price Burden And CNG Conversion Cost: The Dilemma Of Nigerians

As the Nigerian government pushes for full-scale adoption of Compressed Natural Gas initiative (CNG) for use in transportation, there are concerns about provision of necessary infrastructure to facilitate the process. Also, there are concerns about the cost of conversion of vehicles powered

November 2, 2024

Business·FEATURES·News

Nigeria’s Poverty Crisis: The Price of Hunger In A Land Of Plenty

A Nation in Crisis: Poverty Amid Abundance For many Nigerians, daily survival has become a battle. From food to transportation, the rising costs have plunged millions into hardship, exacerbating the already harsh realities of poverty in a resource-rich country. The term “poverty

November 2, 2024

Business·Insights·News

Affordable Hangout Spots in Ikeja: Best Places for a Fun Day Out in Lagos

Looking for the best places for a fun day out in Lagos? Then look no further than Ikeja. This capital of Lagos has much to offer. Ikeja has the best restaurants, lounges, and fun spots perfect for date nights, family outings, or

November 1, 2024

Dangote Refinery: Why IPMAN Can’t Lift Petrol Without NNPC Approval

Business·News·Oil & Gas

Dangote Refinery: IPMAN Needs Authorisation From NNPCL To Get Supply

Dangote Refinery Holds Back Petrol Supply Due to Lack of NNPCL Approval The Dangote Petroleum Refinery has clarified that it cannot yet supply Premium Motor Spirit (PMS), also known as petrol, to members of the Independent Petroleum Marketers Association of Nigeria (IPMAN)

November 1, 2024

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

Business·Currency·Markets·News

Naira Ends October With Massive Decline At Official Market

The naira recorded a massive decline on Thursday, 31st October at the official segment of the foreign exchange market, ending the month of October on a negative note. According to the Nigerian Autonomous Foreign Exchange Market (NAFEM) data published on the FMDQ

November 1, 2024

UBA Hosts Business Series To Empower MSME’s On Wealth Management

Business·News

Middle East Expansion: UBA Set To Open Subsidiary In Saudi Arabia

In its quest to expand business operations in the Middle East, United Bank for Africa (UBA) Plc, has announced plans to open a subsidiary in Saudi Arabia, its largest economy. This move, which is expected to happen within the next year, will

November 1, 2024

Business·News·Oil & Gas

Oil Games: Dangote’s Refinery, Marketers Battle For Nigeria’s Fuel Future

Nigeria’s Oil Marketers and the Dangote Refinery Dilemma The recent exchange between Aliko Dangote, owner of the $20 billion Dangote Petroleum Refinery, and Nigerian oil marketers reveals a pressing question in Nigeria’s fuel supply: Who is truly responsible for the petrol distribution

November 1, 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, 1st 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 1, 2024

Tinubu’s Choice: Fuel The Nation’s Suffering Or Convert To Costly Compressed Gas?

Business·FEATURES·News·Oil & Gas

Tinubu’s Choice: Fuel The Nation’s Suffering Or Convert To CNG?

Tinubu’s Devil’s Alternative to Fuel In a meeting with petroleum marketers on October 22, President Bola Tinubu offered Nigerians what some call an unthinkable choice: either buy fuel at a staggering N1000 per litre or use compressed natural gas (CNG) at N200

November 1, 2024

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

Business·Markets·News

Nigeria’s Equity Market Sees 0.92% October Decline

Equity Market Decline in October: Key Factors and Sector Analysis Nigeria’s equity market recorded a 0.92% drop in October, with the Nigerian Exchange Limited (NGX) facing one of its steeper monthly declines of 2024. This downturn reflects a bearish market sentiment, particularly

November 1, 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 171

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

Between Fuel Price Burden And CNG Conversion Cost: The Dilemma Of Nigerians

Nigeria’s Poverty Crisis: The Price of Hunger In A Land Of Plenty

Affordable Hangout Spots in Ikeja: Best Places for a Fun Day Out in Lagos

Dangote Refinery: IPMAN Needs Authorisation From NNPCL To Get Supply

Naira Ends October With Massive Decline At Official Market

Middle East Expansion: UBA Set To Open Subsidiary In Saudi Arabia

Oil Games: Dangote’s Refinery, Marketers Battle For Nigeria’s Fuel Future

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st November 2024

Tinubu’s Choice: Fuel The Nation’s Suffering Or Convert To CNG?

Nigeria’s Equity Market Sees 0.92% October Decline

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Business - Page 171

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