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Business - Page 200

Five Best-Performing Banks In Q3 2025 — By Profit Growth

Sterling Financial Holdings Company, First City Monument Bank (FCMB), Stanbic IBTC, Wema Bank and Ecobank are the top five best-performing banks in Nigeria by pretax profit growth in the third quarter (Q3) of 2025. The five banks made it to the list

December 19, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Currency·Markets

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

September 24, 2024

Business·Markets·News

FMDQ Records N40.43trn Secondary Market Turnover In August

FMDQ Securities Exchange reported a total turnover of N40.43 trillion in August 2024, reflecting an increase in market activity. FMDQ Secondary Market Turnover Reaches N40.43trillion FMDQ Securities Exchange has reported a total secondary market turnover of N40.43 trillion in August 2024, representing

September 24, 2024

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

Business·Markets·News

Nigeria’s Equity Market Rises By 0.14% Ahead Of Monetary Policy Committee Meeting

Equity Market Sees Early Gains as Investors Await MPC Decision Nigeria’s equity market opened the week with a 0.14% increase on Monday, driven by gains in Flour Mills, Fidelity Bank, and FCMB Group. Analysts remain cautiously optimistic as the Monetary Policy Committee

September 24, 2024

Nigeria Now Leading Cement Exporter In Africa – Dangote

Business·News·Oil & Gas

Dangote Backs End Of Petrol Subsidy, Citing Economic Gains

Nigerian billionaire Aliko Dangote has expressed strong support for ending the country’s long-standing petrol subsidy. During an interview with Bloomberg TV in New York, Dangote said, “The time is right to get rid of subsidies,” emphasising that the move could significantly benefit

September 24, 2024

Naira Falls Against Dollar Across FX Markets

Business·Currency·Markets·News

Naira Falls To N1,562.66/$ On Monday

Nigerian naira opened the week on a negative note, as it recorded losses at the official segment of the foreign exchange market on Monday, 23 September 2024. The local currency exchanged N1,562.66 against the dollar on Monday, according to the Nigeria Autonomous

September 23, 2024

The Moroccan Association of Exporters (ASMEX) and the Ministry of Industry and Commerce of Morocco are co hosting the first edition of the ZLECAF Business Forum – Morocco

AMA News·Business

ASMEX, Ministry Co-hosting ZLECAF Business Forum – Morocco 2024

The Ministry of Industry and Commerce and the Moroccan Exporters’ Confederation (ASMEX) are co-organising a Business Forum aimed at raising awareness and providing information on the opportunities presented by the African Continental Free Trade Area (AfCFTA). The event, titled “Intra-African Trade: Perspectives

September 23, 2024

AMA News·Business

Africa Specialty Risks Receives BBB+ Credit Rating with a Positive Outlook from Fitch

LONDON, 23rd September 2024 -/African Media Agency (AMA)/- Africa Specialty Risks (ASR), the pan-African and Middle East focused (re)insurance group, is pleased to announce that Fitch Ratings has assigned a BBB+ long term insurance financial (IFS) rating with a positive outlook to ASR Re

September 23, 2024

Business·News

Power Subsidy Hike To N181bn Sparks Fear Of Electricity Tariff Increase

Power Subsidy Rises, Tariff Increase Likely Electricity consumers on Band A feeders may face a possible tariff increase following a sharp rise in power subsidy, which hit N181.63 billion in September. According to the Nigerian Electricity Regulatory Commission (NERC), the government’s subsidy

September 23, 2024

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

Business·News

Nigeria’s External Reserves Hit $37.31 Billion As Naira Weakens

Nigeria’s external reserves have risen to $37.31 billion, marking a 22-month high, yet the naira continues to weaken, showing no signs of recovery. External Reserves Reach 22-Month High Nigeria’s external reserves, the country’s stock of foreign currency, reached $37.31 billion on September

September 23, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 23rd September 2024

September 23, 2024

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Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

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

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Business - Page 200

Five Best-Performing Banks In Q3 2025 — By Profit Growth

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

FMDQ Records N40.43trn Secondary Market Turnover In August

Nigeria’s Equity Market Rises By 0.14% Ahead Of Monetary Policy Committee Meeting

Dangote Backs End Of Petrol Subsidy, Citing Economic Gains

Naira Falls To N1,562.66/$ On Monday

ASMEX, Ministry Co-hosting ZLECAF Business Forum – Morocco 2024

Africa Specialty Risks Receives BBB+ Credit Rating with a Positive Outlook from Fitch

Power Subsidy Hike To N181bn Sparks Fear Of Electricity Tariff Increase

Nigeria’s External Reserves Hit $37.31 Billion As Naira Weakens

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 23rd September 2024

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