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Business - Page 222

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

Why Nigeria’s Economic Woes Are An Unforgivable Failure of Leadership, Governance

The Catastrophe of Leadership Failure Nigeria’s current economic disaster is not just a random misfortune; it is an unforgivable failure of leadership and governance. This nation, once brimming with potential and blessed with vast human and natural resources, has been dragged to

August 21, 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, 21st August 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

August 21, 2024

Business·FEATURES·News

Fastest Ways to Attract Money

Have you ever wondered why some people effortlessly attract wealth while others struggle financially? The secret lies in understanding the dynamics of money attraction. Entrepreneurs like Ophrah Winfrey and Richard Branson have used their mindsets and beliefs to build vast fortunes. Understanding

August 21, 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

Nigerian Stock Market Rebounds With 0.12% Gain Amid Investor Optimism

Nigerian Stock Market Sees Positive Turnaround After several days of decline, the Nigerian stock market witnessed a modest recovery on Tuesday, with the NGX All-Share Index (ASI) rising by 0.12%. Investors gained a total of N67 billion, helping to offset some of

August 21, 2024

fuel scarcity stranded petrol tankers in Lagos

Business·News·Oil & Gas

Scarcity: Stranded Petrol Tankers Waiting For Supply Form Long Queue On Oshodi-Apapa Expressway

As petrol scarcity bites harder, tankers waiting to load petrol at depots in Apapa have formed a long queue along Oshodi-Apapa Expressway in Lagos, raising concerns about challenges of supply and safety as accidents could happen with petrol tankers queue on such

August 20, 2024

NLC Cancels Planned Protest After Agreement On 35% Telecom Tariff Hike

Business·News·Politics

NLC Threatens Mass Protests If Ajaero Faces Harm, Mobilises Nationwide

NLC Mobilises for Potential Protests The Nigeria Labour Congress (NLC), has issued a stern warning to the authorities, threatening mass protests and industrial action if anything happens to its president, Joe Ajaero. This decision follows an emergency meeting held by the union

August 20, 2024

Business·News·Oil & Gas

NNPCL Reduces Stake In Dangote Refinery As It Repays 60% Of $1bn Loan

NNPCL Loan Repayment and Stake Reduction in Dangote Refinery The Nigerian National Petroleum Company Limited (NNPCL) has repaid 60 percent of the $1.036 billion loan it secured in September 2021 for its investment in the Dangote Petroleum Refinery and Petrochemicals Free Zone

August 20, 2024

Naira Falls Against Dollar Across FX Markets

Business·Currency·Markets

Naira Loses N12.84 As Exchanges Rate Rises To N1592 Per Dollar At Official Market

The Nigerian currency, the naira, which recorded a marginal appreciation on Monday, 19 August, lost N12.84 as exchange rate rose to N1,592.06 per dollar on Tuesday, 20 August at the official market. This represents o.81 per cent loss when compared to N1,579.22/$

August 20, 2024

Business·News

Grand Towers Limited Reports 600% Asset Growth, Over 1000% Earnings Increase In 2023 Financial Year

Grand Towers Limited has released its annual financial report for the year ending December 31, 2023, showcasing impressive growth and strategic achievements. The report reveals a remarkable 600% increase in total assets, which surged from N747.5 million in 2022 to N50.1 billion

August 20, 2024

Business·News

GTBank’s Cyber Attack: A Warning Sign for Nigeria’s Financial Sector

In recent years, the Nigerian banking sector has faced a growing threat from cybercriminals. The latest incident involves Guaranty Trust Bank Plc (GTBank), which recently confirmed an attempted cyber attack on its website. This attack, occurring just a day after the renewal

August 20, 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 222

Exchange Rates For Dollar Increase Across Parallel, Official Markets

Why Nigeria’s Economic Woes Are An Unforgivable Failure of Leadership, Governance

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 21st August 2024

Fastest Ways to Attract Money

Nigerian Stock Market Rebounds With 0.12% Gain Amid Investor Optimism

Scarcity: Stranded Petrol Tankers Waiting For Supply Form Long Queue On Oshodi-Apapa Expressway

NLC Threatens Mass Protests If Ajaero Faces Harm, Mobilises Nationwide

NNPCL Reduces Stake In Dangote Refinery As It Repays 60% Of $1bn Loan

Naira Loses N12.84 As Exchanges Rate Rises To N1592 Per Dollar At Official Market

Grand Towers Limited Reports 600% Asset Growth, Over 1000% Earnings Increase In 2023 Financial Year

GTBank’s Cyber Attack: A Warning Sign for Nigeria’s Financial Sector

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Business - Page 222

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