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Business - Page 212

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

Dangote Refinery Debunks Report On Reselling Imported Crude

Business·News·Oil & Gas

Price Hike: Dangote Refinery Won’t Sell Petrol At A Loss – Expert

Dangote Refinery is expected to prioritise profit despite high fuel prices in Nigeria, according to energy expert, Olabode Sowunmi. Speaking on ARISE News on Wednesday, Olabode Sowunmi, Chairman of the Energy Transition Study Group at the Nigerian Gas Association, addressed these concerns.

September 4, 2024

AMA News·Business·Technology

ChitChat and Mastercard Launch Virtual Debit Cards

The partnership will enable ChitChat users’ access to perform diverse transactions within the comfort of a single app LUSAKA, Zambia, 4th September 2024 -/African Media Agency(AMA)/- ChitChat, a leading social commerce platform, has joined forces with Mastercard to introduce new virtual debit cards.

September 4, 2024

Fuel Price Racketeering: Dangote Must Do More for Nigerians

Business·News·Oil & Gas

Dangote Refinery To Supply 25 Million Litres Of Petrol Daily In Sept – NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said Dangote Refinery will supply the Nigerian market with 25 million litres of petrol daily this September. The downstream regulator added that the $20 billion refinery will subsequently increase the supply to

September 4, 2024

+ Fintech Stakeholders to Converge at the th Edition of the Africa Fintech Summit in Nairobi, Kenya

AMA News·Business·Technology

1200+ Fintech Stakeholders to Converge at the 12th Edition of the Africa Fintech Summit in Nairobi, Kenya

NAIROBI, Kenya, 4th September 2024 /African Media Agency/-Nairobi, Kenya, is set to host the 12th edition of the Africa Fintech Summit in two days. The event, slated to take place at the J.W. Marriott from September 4-6, 2024, will bring together African

September 4, 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, 4th 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 4, 2024

Why We Resort To Importing Crude From U.S. – Dangote

Business·News·Oil & Gas

Dangote Refinery’s Naira-For-Crude Deal To Cut Dollar Demand By 40%

Dangote Refinery’s naira-for-crude strategy aims to reduce Nigeria’s dollar demand by 40%, according to Aliko Dangote. He praises Tinubu’s energy plan. Dangote Refinery’s Impact on Nigeria’s Dollar Demand The Dangote Refinery is set to revolutionise Nigeria’s energy sector by reducing the country’s

September 4, 2024

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

Business·Markets·News

Nigeria’s Equity Market Shows Resilience, Investors Reap N45bn Gains Despite Profit-Taking

Nigeria’s equity market showed resilience on Tuesday as it added N45 billion, despite some profit-taking activities. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and Market Capitalisation both rose slightly, closing at 96,873.74 points and N55.646 trillion respectively. This marked an increase

September 4, 2024

Business·News·World News

Binance Urges Nigeria To Release Detained Executive As Health Deteriorates

Binance has made a public appeal to the Nigerian government, seeking the immediate release of its detained executive, Tigran Gambaryan. The Cryptocurrency company expressed deep concern over Gambaryan’s rapidly deteriorating health, calling his detention “unjust” and warning of the potential long-term consequences.

September 4, 2024

NLC Accuses Tinubu Of Betrayal As Fuel Prices Rise, Demands Immediate Reversal

Business·News·Oil & Gas

NLC Accuses Tinubu Of Betrayal Over Fuel Price Hike, Demands Immediate Reversal

The hike in fuel prices has sparked a wave of outrage across Nigeria, with the Nigeria Labour Congress (NLC) branding President Bola Tinubu a “betrayer” of the people. The NLC, which represents the interests of workers nationwide, expressed its strong disapproval in

September 3, 2024

Tinubu Meets With President Jinping In China, Strengthens Nigeria-China Relations

Business·News·World News

Tinubu Meets President Jinping, Strengthens Nigeria-China Relations

President Bola Tinubu on Tuesday met with Chinese President Xi Jinping in Beijing, marking a significant step in the relationship between Nigeria and China. During the meeting, both leaders announced the elevation of Nigeria-China relations to a comprehensive strategic partnership, which aims

September 3, 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 212

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

Price Hike: Dangote Refinery Won’t Sell Petrol At A Loss – Expert

ChitChat and Mastercard Launch Virtual Debit Cards

Dangote Refinery To Supply 25 Million Litres Of Petrol Daily In Sept – NMDPRA

1200+ Fintech Stakeholders to Converge at the 12th Edition of the Africa Fintech Summit in Nairobi, Kenya

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 4th September 2024

Dangote Refinery’s Naira-For-Crude Deal To Cut Dollar Demand By 40%

Nigeria’s Equity Market Shows Resilience, Investors Reap N45bn Gains Despite Profit-Taking

Binance Urges Nigeria To Release Detained Executive As Health Deteriorates

NLC Accuses Tinubu Of Betrayal Over Fuel Price Hike, Demands Immediate Reversal

Tinubu Meets President Jinping, Strengthens Nigeria-China Relations

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