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Business - Page 203

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Exchange Rates For Dollar Increase Across Parallel, Official Markets

In the black market on Thursday, December 18, the naira depreciated against the United States dollar (USD) by 0.13 percent to N1,489.01/$1, from the N1,487.01/$1 reported on Wednesday, December 17. According to Naira Rates data, while the foreign exchange (FX) rate for

December 18, 2025

Business·News·World News

Bitcoin Surges To $61,000 As Federal Reserve Meeting Looms

Bitcoin has shaken off the typical September slump, surging to a three-week high of $61,000. The flagship cryptocurrency saw a significant rise, even as the market anticipates potential impacts from the U.S. Federal Reserve’s upcoming decisions. Bitcoin Price Surge At the time

September 19, 2024

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Markets·News

Nigeria’s Equity Market Rises By 0.56% Amid Profit-Taking In Consumer Goods, Industrial Stocks

Equity Market Sees Steady Growth Amid Mixed Stock Performance The Nigerian equities market continued its upward journey on Wednesday, driven primarily by investor interest in banking, insurance, and oil & gas stocks. The market still recorded gains despite some profit-taking in the

September 19, 2024

N80.2bn Fraud: EFCC Refutes Claims Of Former Kogi Governor Yahaya Bello's Custody, Says He Remains Wanted

Business·News·Politics

N80.2bn Fraud: EFCC Denies Holding Yahaya Bello In Custody, Says He Remains Wanted

The Economic and Financial Crimes Commission (EFCC) has refuted claims that former Kogi State Governor, Yahaya Bello, is in its custody. Contrary to reports from Bello’s media office, the EFCC has clarified that the ex-governor remains wanted in connection with an N80.2

September 18, 2024

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

Business·Currency

Naira Crashes Against Dollar As Official Exchange Rate Rises To N1,656

The naira on Tuesday, 17th September recorded a significant drop against the United States Dollar as exchange rate rose to N1,656.49 at the official foreign exchange market. This is according to the Nigeria Autonomous Foreign Exchange Market (NAFEM) data published on the

September 18, 2024

AMA News·Business·Sports·Technology

Harrysong joins the crypto experience with Sportsbet

ABUJA, Nigeria, 18 September 2024 -/African Media Agency(AMA)/- Sportsbet.io, the world’s favourite crypto-led sports betting site, has once again raised the bar by announcing yet another A-list ambassador with the signing of legendary Nigerian singer Harrysong. The ‘Reggae Blues’ singer is also a

September 18, 2024

Business·FEATURES·News·Oil & Gas

Nigeria’s Oil Sector: A Crisis Of Leadership, Corruption, Poor Governance

The oil sector has long been Nigeria’s economic lifeblood, contributing the bulk of its foreign exchange earnings and government revenue. Yet, despite the nation’s immense crude oil reserves, the industry is riddled with corruption, mismanagement, and leadership failures. The result is a

September 18, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 18th 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 18, 2024

Guinness Nigeria Plc Gains NGX Approval For Block Divestment Deal Worth N103bn

Business·Markets·News

Guinness Gains NGX Approval For Block Divestment Deal Worth N103bn

Guinness Gets NGX Green Light for N103 Billion Block Divestment Guinness Nigeria Plc has secured the approval of the Nigerian Exchange Limited (NGX) for a significant block divestment deal valued at N103 billion. This move involves the sale of 1.27 billion ordinary

September 18, 2024

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

Business·Markets·News

Nigeria’s Equity Market Rises By 0.23%, Investors Focus On Long-Term Prospects

Equity Market Opens with Gains Amid Mixed Signals Nigeria’s equity market started the shortened trading week on a positive note, driven by investor interest in banking and consumer goods stocks. Despite significant profit-taking in insurance, industrial, and oil & gas stocks, the

September 18, 2024

Business

First Bank, BOI Join AITE In Promoting Nigerian Non-oil Exports In USA

As the 2024 Africa International Investment Summit and Trade Exhibition (AITE) scheduled to hold this month in New York and Atlanta, Georgia, draws nearer, it has been confirmed that First Bank, Nigeria’s oldest bank, and the Bank of Industry (BOI) are participating

September 17, 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 203

Exchange Rates For Dollar Increase Across Parallel, Official Markets

Bitcoin Surges To $61,000 As Federal Reserve Meeting Looms

Nigeria’s Equity Market Rises By 0.56% Amid Profit-Taking In Consumer Goods, Industrial Stocks

N80.2bn Fraud: EFCC Denies Holding Yahaya Bello In Custody, Says He Remains Wanted

Naira Crashes Against Dollar As Official Exchange Rate Rises To N1,656

Harrysong joins the crypto experience with Sportsbet

Nigeria’s Oil Sector: A Crisis Of Leadership, Corruption, Poor Governance

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 18th September 2024

Guinness Gains NGX Approval For Block Divestment Deal Worth N103bn

Nigeria’s Equity Market Rises By 0.23%, Investors Focus On Long-Term Prospects

First Bank, BOI Join AITE In Promoting Nigerian Non-oil Exports In USA

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Business - Page 203

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