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Business - Page 234

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

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, 22nd July 2024

What is the Dollar to Naira Exchange rate at the black market, especially Aboki dollar to naira today? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the black market, especially Aboki dollar to naira today, 22nd July

July 22, 2024

Business·Markets·News

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

What is the Dollar to Naira Exchange rate at the black market, especially the Aboki fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the black market, especially the Aboki fx, in Nigeria, is N1,600 for 1

July 21, 2024

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

Business·News·Oil & Gas

Dangote Counters NMDPRA’s Inferior Diesel Allegations, Invites Regulators To Test Refinery’s Products

Chief Executive Officer (CEO) of Dangote Refinery, Aliko Dangote, has refuted allegations by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) that the refinery is producing inferior quality diesel. Dangote, who spoke with newsmen on Saturday, insisted that products from the

July 21, 2024

Business·News·Oil & Gas

Nigerian Troops Recover Over 700,000 Stolen Crude Oil In Major Operation

Troops Seize Over 700,000 Litres of Crude Oil In a significant crackdown on oil theft, Nigerian troops have recovered 715,325 litres of stolen crude oil and 148,415 litres of illegally refined diesel in the Niger Delta region. This operation, aimed at curbing

July 20, 2024

Meta Fined €91 Million By EU For Password Security Breach

Business·News

Nigeria Fines Meta $220m For Data Violations

Meta Faces Significant Penalty Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has announced a $220 million fine against Meta Platforms for violating consumer and data protection laws. The penalty follows a 38-month investigation into Meta’s practices on its social platforms. Data

July 19, 2024

Energy, Exchange Rate, Transportation Top Three Drivers Of Inflation In Nigeria - CBN Survey

Business·News

Rise In Crude Oil Exports Will Strengthen The Naira, Says CBN

CBN’s Macroeconomic Outlook The Central Bank of Nigeria (CBN) has highlighted the crucial role of increased crude oil production and exports in strengthening the naira. In its latest report, “Macroeconomic Outlook: Price Discovery for Economic Stabilisation,” the CBN emphasised the potential for

July 19, 2024

Nigerian Banks Face New FX Gain Tax: Impact On Profitability, Capital Adequacy

Business·Markets·News

Nigerian Banks New FX Gain Tax: Impact On Profitability, Capital Adequacy

Nigerian banks are at risk of facing profits and capital adequacy declines as the Federal Government plans to tax 50 per cent of profits realised from foreign exchange (FX) revaluation in 2023. President Bola Tinubu has asked legislators for an upward review

July 19, 2024

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

Business·Markets·News

Equity Market Surges As Investors Eye Interim Dividends, Bonus Shares

Focus on Equities Market Action Nigeria’s equity market rebounded strongly on Thursday, rising by 0.47 per cent or N263 billion. This surge is attributed to corporate announcements, including interim dividends and bonus shares, which have bolstered investor confidence and buying activity. Interim

July 19, 2024

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 19th July 2024

July 19, 2024

Business·News

NNPC Uncovers 221 Cases Of Oil Theft In Niger Delta

Surge in Oil Theft Cases Across Niger Delta The Nigerian National Petroleum Company (NNPC) has reported a significant rise in oil theft incidents in the Niger Delta region. Over the past week, 221 cases of oil theft were uncovered. These incidents include

July 18, 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 234

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

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22nd July 2024

Dangote Counters NMDPRA’s Inferior Diesel Allegations, Invites Regulators To Test Refinery’s Products

Nigerian Troops Recover Over 700,000 Stolen Crude Oil In Major Operation

Nigeria Fines Meta $220m For Data Violations

Rise In Crude Oil Exports Will Strengthen The Naira, Says CBN

Nigerian Banks New FX Gain Tax: Impact On Profitability, Capital Adequacy

Equity Market Surges As Investors Eye Interim Dividends, Bonus Shares

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 19th July 2024

NNPC Uncovers 221 Cases Of Oil Theft In Niger Delta

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