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Business - Page 207

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·FEATURES·News

Fuel Crisis: A Complex Challenge For Nigeria’s Energy Sector As Nigerians Demand Transparency

Fuel Crisis Sparks Frustration Across Nigeria The current fuel crisis in Nigeria, which began in July 2024, is causing severe disruptions across the country. Long queues at petrol stations, lost productivity, and rising costs have left many Nigerians frustrated. The root causes

September 13, 2024

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

Business·Markets·News

Nigeria’s Equity Market Gains As Nestle, Flour Mills, FBN Holdings Lead

Equity Market Rises on Major Stocks The Nigerian equity market saw a notable gain of 0.32 per cent on Thursday, translating to an increase of N178 billion. Nestle, Flour Mills, and FBN Holdings led the market’s upward movement, with their stocks showing

September 13, 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, 13th 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 13, 2024

Business·News

CBN Orders PoS Transaction Tracking, Sets 30-Day Deadline For Payment Providers

CBN Mandates PoS Transaction Tracking Across Nigeria The Central Bank of Nigeria (CBN) has issued a new directive requiring all Payment Service Providers (PSPs) to track and manage every Point of Sale (PoS) transaction. The CBN has set a 30-day deadline for

September 12, 2024

Business·FEATURES

10 Sectors With Highest VAT Contributions In Q2 2024

Value Added Tax (VAT) in Nigeria is a type of consumption tax imposed on the value added to goods and services at each stage of production and distribution. Introduced in 1993 to replace Sales Tax, VAT which is administered by the Federal

September 12, 2024

AMA News·Business·Diaspora·Technology

Talk360 secures $1.4 million pre-Series A to connect 7 million users in the African diaspora by 2025

CAPE TOWN, South Africa, 12th September 2024 -/African Media Agency (AMA)/- Talk360, the international calling app that connects with reliable and affordable calls to any landline or mobile phone, has successfully raised $1.4 million in a Pre-Series A funding round. This round was led

September 12, 2024

Moonshot by TechCabal to welcome global speakers, ministers from UK, France, Ghana, Egypt, and others

AMA News·Business·Technology

Moonshot by TechCabal 2024 to welcome global speakers, ministers from UK, France, Ghana, Egypt, and others

Event to feature Ministerial roundtable on trade between Africa and the world. Lagos, Nigeria, 12th September, 2024 -/African Media Agency(AMA)/- TechCabal, the leading technology ecosystem convener, has officially announced its second annual Moonshot by TechCabal conference, which will host speakers from eight countries including the United

September 12, 2024

Business·FEATURES·News

N70,000 Minimum Wage: Civil Servants Struggle As State Governors Delay Payments

Minimum Wage Struggles: Civil Servants and State Governors at Odds The approval of Nigeria’s N70,000 minimum wage was celebrated as a hard-fought victory for the country’s workers. However, the joy was short-lived as state governors have delayed the implementation of this new

September 12, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 12th September 2024

September 12, 2024

AIICO Insurance Forecasts 46% Growth In 2024 Pre-tax Profit, Aiming For N17.6bn

Business·Markets·News

AIICO Forecasts 46% Growth In 2024 Pre-tax Profit, Aiming For N17.6bn

AIICO Insurance Plc is set to record growth in 2024, with the company forecasting a pre-tax profit of N17.6 billion, which marks a 46% increase from the N12 billion posted in the 2023 financial year. The company’s growth trajectory is driven by

September 12, 2024

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Business - Page 207

Exchange Rates For Dollar Increase Across Parallel, Official Markets

Fuel Crisis: A Complex Challenge For Nigeria’s Energy Sector As Nigerians Demand Transparency

Nigeria’s Equity Market Gains As Nestle, Flour Mills, FBN Holdings Lead

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 13th September 2024

CBN Orders PoS Transaction Tracking, Sets 30-Day Deadline For Payment Providers

10 Sectors With Highest VAT Contributions In Q2 2024

Talk360 secures $1.4 million pre-Series A to connect 7 million users in the African diaspora by 2025

Moonshot by TechCabal 2024 to welcome global speakers, ministers from UK, France, Ghana, Egypt, and others

N70,000 Minimum Wage: Civil Servants Struggle As State Governors Delay Payments

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 12th September 2024

AIICO Forecasts 46% Growth In 2024 Pre-tax Profit, Aiming For N17.6bn

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Business - Page 207

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