Business - Page 23

Rabiu Abdulsamad’s Food Company Makes N418.34 billion From Sugar, Flour Sales

Abdul Samad Rabiu’s Investment In BUA Cement Rises To N3.15trn

Within three months, the investment of Abdul Samad Rabiu in BUA Cement increased by N386.97 billion, as the billionaire profited from the bullish sentiments of stock market investors in the second quarter

Prime Business Africa

July 9, 2025

Guinness Nigeria Appoints New Board Members As Tolaram Completes Acquisition

Business·Top Stories

Guinness Exits Loss Phase With N7.02bn Profit, Revenue Grows By 52%

Guinness Nigeria has revealed that it recorded N118.33 billion revenue for the quarter ended March 31, 2025, compared to N77.70 billion turnover reported in the same period last year, indicating an increase

Prime Business Africa

July 9, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 9th July 2025

What is the dollar-to-naira exchange rate on 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

Victor Ezeja

July 9, 2025

Dangote Petrol Price Cut: We Expected Lower Price – Nigerians

Business·Oil & Gas

Again, Dangote Refinery Slashes Petrol Ex-depot Price To ₦820

Dangote Refinery has further reduced its ex-depot price of Premium Motor Spirit (PMS), also known as petrol, to ₦820. This is the second reduction by the company in a week. It had

Victor Ezeja

July 8, 2025

Business·Oil & Gas

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

Dangote Refinery expects to start processing only Nigerian crude oil by the end of 2025. Devakumar Edwin, Vice President of Oil and Gas at Dangote Industries, made this known in an interview

Victor Ezeja

July 8, 2025

NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

Business·Top Stories

Gains In Omatek, Champion Brew Add N226bn To Nigerian Stock Market

On Tuesday, July 8, trading closed with the market capitalisation rising by N226.24 billion to N76.75 trillion, from N76.53 trillion reported on Monday, July 7. Also, the all-share index (ASI) increased from

Prime Business Africa

July 8, 2025

Business·Top Stories

Ikeja Hotel Outperforms Transcorp Hotels In Q2 As Its Shareholders Gain 58%

Ikeja Hotel outperformed Transcorp Hotels in the stock market in the second quarter (Q2) of 2025, as stock market investors preferred the former over the latter during the period. According to Prime

Prime Business Africa

July 8, 2025

Business·Top Stories

Cutix Grows Revenue To N3.96bn, Profit Declines By 60%

Cutix Plc, a wire and cable manufacturer for electrical, automobile, and telecommunication, generated N3.96 billion turnover in the fourth quarter (Q4) ending April 30, 2025. According to its unaudited financial statement for

Prime Business Africa

July 8, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 8th July 2025

What is the dollar-to-naira exchange rate on 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

Victor Ezeja

July 8, 2025

Business·Markets

DMO Launches Subscription For July 2025 FGN Savings Bonds, Offers Attractive Interest Rates

The Debt Management Office (DMO) has issued the July 2025 Federal Government of Nigeria (FGN) savings bonds, offering investors annual interest rates of up to 16.762 per cent. According to a circular

Victor Ezeja

July 7, 2025

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Business - Page 23

Abdul Samad Rabiu’s Investment In BUA Cement Rises To N3.15trn

Guinness Exits Loss Phase With N7.02bn Profit, Revenue Grows By 52%

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 9th July 2025

Again, Dangote Refinery Slashes Petrol Ex-depot Price To ₦820

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

Gains In Omatek, Champion Brew Add N226bn To Nigerian Stock Market

Ikeja Hotel Outperforms Transcorp Hotels In Q2 As Its Shareholders Gain 58%

Cutix Grows Revenue To N3.96bn, Profit Declines By 60%

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 8th July 2025

DMO Launches Subscription For July 2025 FGN Savings Bonds, Offers Attractive Interest Rates

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Dangote’s Frequent Price Cuts And Ripples Of Intense Competition In Nigerian Fuel Market

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Oil Billionaires Who Recorded Losses In H1 2025

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Morison Reduces Pretax Loss To N3.89m As Revenue Rises 95%

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