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Business - Page 182

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

Market Women, Transport Drivers, Others Displeased With Petrol Price Reduction: “We Expected Better”

Business·FEATURES·News

Petrol Price Reduction To N995: Market women, Transporters, Others Displeased

Market Women and Transport Drivers Feel Strain Despite Petrol Price Reduction Following the recent announcement of a new ex-depot petrol price by the Nigerian National Petroleum Company Limited (NNPCL) and the Independent Petroleum Marketers Association of Nigeria (IPMAN), discontent is brewing among

October 16, 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, 16th 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 also known as black market, especially the Aboki Fx as

October 16, 2024

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

Business·Markets·News

Nigerian Stock Market Rally Led by Oil-and-Gas After Aradel Holdings’ Listing On NGX

Aradel Holdings Fuels Stock Market Rally The Nigerian Stock Market experienced a strong rally in oil and gas stocks following the listing of Aradel Holdings on the Nigerian Exchange (NGX) on Monday, October 15. Aradel’s shares rose by 10 percent on the

October 16, 2024

Petrol Not Cheap In Nigeria, IPMAN Counters Dangote

Business·News·Oil & Gas

NNPCL, IPMAN Agree On New Petrol Price Of N995 Per Litre, Fuel Supply Resumes

The Nigerian National Petroleum Company Limited (NNPCL) and the Independent Petroleum Marketers Association of Nigeria (IPMAN) have agreed on a new ex-depot price of N995 per litre for petrol. This decision has led to the resumption of fuel loading at depots nationwide,

October 16, 2024

Business·FEATURES·News

Tinubu Administration And Nigeria’s Economic Gamble: A Road To Recovery Or Prolonged Debt?

Nigeria’s Economic Challenges Under Tinubu Administration As Nigeria marked 64 years of independence, President Bola Tinubu delivered a speech outlining the current administration’s efforts to revive the economy. The speech highlighted foreign investments, the country’s foreign reserves, and debt management strategies. However,

October 16, 2024

Nigeria's Inflation Drops To 24.48% In January

Business·News

Nigeria’s Inflation Rises To 32.70% in September As Food Prices Continue To Soar

Nigeria’s Inflation Rate Rises Again Nigeria’s inflation rate rose to 32.70% in September 2024, according to the latest report from the National Bureau of Statistics (NBS). This marks a slight increase from the 32.15% recorded in August, ending two months of slowed

October 15, 2024

Business·News·Oil & Gas

Nigeria’s Oil Production Declines By 33,000 Barrels As OPEC Reports Setback

Nigeria’s crude oil output dropped by 33,000 barrels in September Nigeria’s crude oil production in September fell by 33,000 barrels to an average of 1.405 million barrels per day (bpd), according to the latest report from the Organisation of the Petroleum Exporting

October 15, 2024

Fuel Price Hike: Nigeria’s Economic Reforms At The Cost Of The Masses’ Daily Struggles

Business·FEATURES·News·Oil & Gas

Fuel Price Hike: Economic Reforms At The Masses Expense

The surge in fuel prices in Nigeria, following the removal of fuel subsidies by the Nigerian National Petroleum Corporation Limited (NNPCL), has stirred widespread concern. With fuel prices climbing from N885 to N998 in Lagos and N897 to above N1,000 in different

October 15, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 15th October 2024

October 15, 2024

Business·News

Why It Could Take 10-15 Years to Transform Nigeria’s Economy- World Bank

World Bank Urges Nigeria to Implement Key Reforms for Economic Transformation The World Bank has advised Nigeria to adopt key reforms to ensure sustainable economic recovery, warning that it may take 10 to 15 years to transform the economy fully. At the

October 15, 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 182

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

Petrol Price Reduction To N995: Market women, Transporters, Others Displeased

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th October 2024

Nigerian Stock Market Rally Led by Oil-and-Gas After Aradel Holdings’ Listing On NGX

NNPCL, IPMAN Agree On New Petrol Price Of N995 Per Litre, Fuel Supply Resumes

Tinubu Administration And Nigeria’s Economic Gamble: A Road To Recovery Or Prolonged Debt?

Nigeria’s Inflation Rises To 32.70% in September As Food Prices Continue To Soar

Nigeria’s Oil Production Declines By 33,000 Barrels As OPEC Reports Setback

Fuel Price Hike: Economic Reforms At The Masses Expense

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 15th October 2024

Why It Could Take 10-15 Years to Transform Nigeria’s Economy- World Bank

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Business - Page 182

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