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Business - Page 209

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

Mama Money GhanaFest : Free Entry, International Headliners, and Big Cash Prizes to be Won!

AMA News·Business·Technology

Mama Money GhanaFest 2024: Free Entry, International Headliners, and Big Cash Prizes to be Won!

PRETORIA, South Africa, 10th September 2024 -/African Media Agency (AMA)/- Mama Money is thrilled to announce the return of the Mama Money GhanaFest, now in its 10th edition, taking place on Saturday, 14 September 2024 at Fountains Valley, Pretoria. This year’s festival promises to

September 10, 2024

N15 Reduction Is Insignificant- Nigerians React As NNPCL Reduces Petrol Price To N945/ Litre

Business·News·Oil & Gas

TUC Urges Special FX Rate For NNPCL To Cut Petrol Prices

TUC Calls for Special FX Rate to Reduce Petrol Prices The Trade Union Congress (TUC) has urged the Central Bank of Nigeria (CBN) and the Nigeria Customs Service (NCS) to implement a special foreign exchange rate (Fx rate) for the Nigerian National

September 10, 2024

Business·FEATURES·News

Can Nigeria Truly Break Free From Oil Dependency?

Oil Dependency: Can Nigeria Move Forward? For over six decades, Nigeria’s economy has relied heavily on oil. Since its discovery in 1956, oil has contributed more than 90 per cent of the country’s export income, making it the lifeblood of the nation’s

September 10, 2024

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

Business·Markets·News

Nigeria’s Equity Market Sees 0.24% Decline As Investors Brace For Volatility

Equity Market Drops By 0.24% Amid Investor Caution The Nigerian equity market experienced a decline of 0.24% at the start of the trading week, resulting in a N112 billion reduction in market value. This decrease in the equity market was primarily driven

September 10, 2024

Understanding What Tax Reform Bills Means for Nigerians- Experts

Business·News

N50 Transfer Levy: Another Form of Double Taxation As Government Set To Make Over N1bn daily

What is the Transfer Levy? Starting September 9, 2024, fintech companies in Nigeria such as OPay, Moniepoint, and others will begin deducting the N50 Electronic Money Transfer Levy (EMTL) from customer inflows of N10,000 and above. This new policy follows a directive

September 9, 2024

SERAP sues Tinubu, govs over cybercrime law abuse

Business·News

SERAP Urges Tinubu To Reverse Fuel Price Hike, Cites Legal Breach

The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to reverse the recent increase in the price of petrol. SERAP argues that the price hike by the Nigerian National Petroleum Company Limited (NNPCL) is illegal, and unconstitutional, and

September 9, 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, 9th 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 9, 2024

Africa·Business·News

IATF2025 Set to Boost Intra-African Trade with $44 Billion in Projected Deals

Africa’s Leading Trade Fair Set for Algeria The countdown to the fourth Intra-African Trade Fair (IATF2025) has officially begun, with Algiers, Algeria hosting this significant event from September 4 to 10, 2025. Organised by the African Export-Import Bank (Afreximbank) in collaboration with

September 9, 2024

Business·Markets·News

Nigeria’s Equity Market Sees N83 Billion Decline Amid Sell-Offs In Big Stocks

The Nigerian equity market saw a significant dip last week, losing N83 billion as a result of sell-offs in major stocks. Both the All-Share Index (ASI) and the market capitalisation fell by 0.15%, with the ASI closing at 96,433.53 points and the

September 9, 2024

Business·Markets·News

FBN Holdings Plc Sells 100% Stake In FBNQuest Merchant Bank To EverQuest LLP

FBN Holdings Plc has officially announced the sale of its entire equity stake in its subsidiary, FBNQuest Merchant Bank Limited, to EverQuest Acquisition LLP. The agreement aligns with FBN Holdings’ strategy to optimise its portfolio. This sale is subject to approvals from

September 8, 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 209

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

Mama Money GhanaFest 2024: Free Entry, International Headliners, and Big Cash Prizes to be Won!

TUC Urges Special FX Rate For NNPCL To Cut Petrol Prices

Can Nigeria Truly Break Free From Oil Dependency?

Nigeria’s Equity Market Sees 0.24% Decline As Investors Brace For Volatility

N50 Transfer Levy: Another Form of Double Taxation As Government Set To Make Over N1bn daily

SERAP Urges Tinubu To Reverse Fuel Price Hike, Cites Legal Breach

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 9th September 2024

IATF2025 Set to Boost Intra-African Trade with $44 Billion in Projected Deals

Nigeria’s Equity Market Sees N83 Billion Decline Amid Sell-Offs In Big Stocks

FBN Holdings Plc Sells 100% Stake In FBNQuest Merchant Bank To EverQuest LLP

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Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

Rep Raises the Alarm Over Mismatched Gazetted Tax Reform Laws

Airplane Crashes at Owerri Airport – Four Injured, No Fatalities

Air Peace Ushers in Third Embraer 190, Reinforcing Capacity and Additional Festive Connectivity

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Court Order Stops Police From Resuming Tinted Glass Permit Enforcement Nationwide

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Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

SEC Orders Full Registration of Tradable Instruments by January 2026

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

Court Order Stops Police From Resuming Tinted Glass Permit Enforcement Nationwide

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Business - Page 209

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