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Business - Page 223

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

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, 20th 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 20, 2024

NGX stock market. Photo credit: TheCable

Business·Markets·News

Nigerian Equity Market Opens Week With Losses Amid Investor Caution

Nigerian Equity Market Sees Decline as Key Stocks Struggle The equity market in Nigeria began the week on a down note as investors’ sentiment remained bearish. The Nigerian Exchange Limited (NGX) reported a negative start to this week’s trading, with the NGX

August 20, 2024

Business·News

How to Register Your Business Name in Nigeria

As a business owner in Nigeria, one of the essential steps to establishing your venture is registering your business name. This process not only provides legal recognition but also opens doors to numerous opportunities, such as accessing loans and protecting yourself from

August 20, 2024

Nigerian Government Exempts VAT On Diesel, LNG, CNG, Electric Vehicles To Lower Energy Costs

Business·Politics

Edun Calls For Transparency In Social Investment Programme Implementation

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has highlighted the need for transparency and accountability in the implementation of social investment programmes in Nigeria. Edun made the call while presiding over a meeting of the Presidential Panel on

August 20, 2024

Nigerian Govt Gives Date For Beginning Naira Crude Sales To Dangote Refinery Others

Business·News·Oil & Gas

Nigerian Govt To begin Crude Sales In Naira To Dangote Refinery, Others In October

The Nigerian government has said sales of crude oil in naira to Dangote Refinery and others will begin in October this year. Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, on Monday, presided over a meeting of the

August 19, 2024

UNIZIK Council: Nze Duru Urges FG To Appoint Individuals With Unquestionable Character

Business·Opinion

Abdulsamad Rabiu’s $1bn Dollar Loss In Net Worth: Another Call To Strengthen The Naira

The vagaries of the financial and stock markets can sometimes be vicious in their manifestations at times. Today, an investor, especially in wealthy stocks, may be riding high on the sentiments or fundamentals of the stock market, but the story may change

August 19, 2024

NNPC Seeks New $2 Billion Oil-Backed Loan To Boost Finances

Business·News·Oil & Gas

Fuel Crisis: NNPCL’s Promises Fail To Ease Black Market Surge

Black Market Thrives Amid Fuel Scarcity The Nigerian National Petroleum Company Limited (NNPCL) promised to end the queues for Premium Motor Spirit (PMS), commonly known as petrol, by mid-week. However, the black market for PMS thrived on Sunday as the scarcity persisted.

August 19, 2024

6 Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year

Business·Markets·News

Nigerian Equity Market Continues Downward Trend, Losing N847bn In 2 Weeks

Nigerian Equity Market Faces Extended Downtrend The Nigerian equity market continued its downward trend for the second consecutive week, losing a staggering N847.03 billion due to widespread sell-offs. This ongoing decline is raising concerns among investors and market analysts alike. Equity Market

August 19, 2024

Business·News

Chinese Firm Targets Nigerian Assets Amid £20M Judgment Battle

Chinese Company Pursues Assets Seizure Against Nigeria Zhongshan Fucheng Industrial Investment Co. Limited, a Chinese firm, is actively pursuing the seizure of Nigerian assets following a recent £20 million judgment awarded in its favour by a UK appeal court. The company, emboldened

August 19, 2024

CPPE Highlights Why Nigerian Govt Should Review Customs FX Rate For Cargo Clearance

Business·Finance & Economy

CPPE Highlights Why Nigerian Govt Should Review Customs Exchange Rate For Cargo Clearance

Centre for the Promotion of Private Enterprise (CPPE), has expressed concern about challenges posed by prohibitive and volatile Customs exchange rate for cargo clearance in Nigeria. The Centre stated that the high and unpredictable Customs duty has a grave negative impact on

August 19, 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 223

Exchange Rates For Dollar Increase Across Parallel, Official Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 20th August 2024

Nigerian Equity Market Opens Week With Losses Amid Investor Caution

How to Register Your Business Name in Nigeria

Nigerian Govt To begin Crude Sales In Naira To Dangote Refinery, Others In October

Abdulsamad Rabiu’s $1bn Dollar Loss In Net Worth: Another Call To Strengthen The Naira

Fuel Crisis: NNPCL’s Promises Fail To Ease Black Market Surge

Nigerian Equity Market Continues Downward Trend, Losing N847bn In 2 Weeks

Chinese Firm Targets Nigerian Assets Amid £20M Judgment Battle

CPPE Highlights Why Nigerian Govt Should Review Customs Exchange Rate For Cargo Clearance

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Exchange Rates For Dollar Increase Across Parallel, Official Markets

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Exchange Rates For Dollar Increase Across Parallel, Official Markets

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Business - Page 223

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