Business - Page 187

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Capital Reversals Drive $1 Billion Outflow In Nigeria’s FX Market

Capital Outflows Surge in FX Market Nigeria’s FX market experienced a significant rise in capital outflow, reaching $1 billion in April 2024, a 35.14% increase from $740 million recorded in March. The

Emmanuel Ochayi

August 26, 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, 24th August 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

August 25, 2024

5 Reasons Nigeria's Crude Oil Production is Declining – And What Next

Business·FEATURES·News·Oil & Gas

Is Nigeria’s Crude Oil Supply Policy Recipe For Economic Sabotage?

Nigeria’s Controversial Crude Oil Supply Policy: What’s at Stake? Nigeria’s latest push to prioritise domestic crude oil supply over exports is raising alarm bells across the oil industry. The Nigerian Upstream Petroleum

Emmanuel Ochayi

August 25, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 25th August 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

August 25, 2024

Inflation: How To Protect Your Money In An Unstable Economy

Business·FEATURES·News

Inflation Hits SMEs: Soaring Prices, Shrinking Profits, Growing Desperation

Rising Inflation Puts Nigerian Small Businesses on the Brink Small business owners across Nigeria are grappling with unprecedented challenges as rising inflation continues to batter the economy. The effects of the economic

Emmanuel Ochayi

August 25, 2024

Business·Finance & Economy

Insecurity, High Interest Rate Hamper Business Activities In Nigeria – Report

As businesses across Nigeria struggle to survive, insecurity and high interest rates have been identified as major factors hampering their growth. This was revealed in a Central Bank of Nigeria (CBN) survey

Victor Ezeja

August 25, 2024

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

Business·Markets·News

Nigeria’s Equity Market Dips By 1.16% Amidst Profit-Taking, Bargain Hunting

In the trading week ending on Friday, August 23, Nigeria’s equity market saw a decline of 1.16%, reflecting a complex interplay of profit-taking and bargain hunting activities. The Nigerian Exchange Limited (NGX)

Emmanuel Ochayi

August 24, 2024

Reviving Brass, Olokola LNG Projects Will Boost Power Generation, Economy – NNPCL

Business·News

NNPCL: Tinubu Has No Interest In OVH, Counters Atiku’s Hijack Claims

The Nigeria National Petroleum Company (NNPCL), has countered claims by former Vice President, Atiku Abubakar, that the company has been hijacked by cabals around President Bola Tinubu. The company also said neither

Victor Ezeja

August 23, 2024

Business·News

Why We Plan N50bn Capital Raise, Upgrade To Commercial Bank – Infinity Trust Mortgage Bank

Infinity Trust Mortgage Bank (ITMB) has announced plans to raise an additional N50 billion in capital and also upgrade to a regional commercial bank. The bank’s management made this known while speaking

Victor Ezeja

August 23, 2024

Business·News·Oil & Gas

Oando Completes $783m Acquisition Of Agip Oil

Oando PLC has announced that it has successfully completed acquisition of 100% of the shareholding interest in the Nigerian Agip Oil Company (NAOC), from the Italian energy company, Eni. A statement signed

Victor Ezeja

August 23, 2024

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Business - Page 187

Capital Reversals Drive $1 Billion Outflow In Nigeria’s FX Market

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th August 2024

Is Nigeria’s Crude Oil Supply Policy Recipe For Economic Sabotage?

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 25th August 2024

Inflation Hits SMEs: Soaring Prices, Shrinking Profits, Growing Desperation

Insecurity, High Interest Rate Hamper Business Activities In Nigeria – Report

Nigeria’s Equity Market Dips By 1.16% Amidst Profit-Taking, Bargain Hunting

NNPCL: Tinubu Has No Interest In OVH, Counters Atiku’s Hijack Claims

Why We Plan N50bn Capital Raise, Upgrade To Commercial Bank – Infinity Trust Mortgage Bank

Oando Completes $783m Acquisition Of Agip Oil

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