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Business - Page 236

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·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th July 2024

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the black market, also known as the parallel market

July 16, 2024

Africa·Business

Skincare Firm, Uncover, Successfully Closes Oversubscribed $1.4m Funding Round

Uncover, Africa’s emerging beauty brand, has successfully closed a $1.4m Seed II funding round led by EQ2 Ventures and IgniteXL Ventures, with participation from Chui Ventures, Samata Capital and Altree Capital. As part of the round, Uncover also facilitated a significant secondary

July 15, 2024

Nigeria's Inflation Drops To 24.48% In January

Business·News

Nigeria’s Inflation Rate Climbs To 34.19% In June Amid Increasing Costs

Inflation Surpasses Projections Nigeria’s inflation rate increased to 34.19% in June 2024, as reported by the National Bureau of Statistics (NBS) on July 15, 2024. This marks a 0.24% rise from May’s 33.95%. “This increase is higher than the 34.01% projected by

July 15, 2024

Business·FEATURES·Oil & Gas

Top 10 African Countries With Highest Fuel Prices In July 2024

Many African countries grapple with high cost of fuel which is caused by a combination of global and local factors. At the heart of it is global oil price dynamics. The cost of crude oil on the international market significantly affects fuel

July 15, 2024

Nigeria Now Leading Cement Exporter In Africa – Dangote

Business·News

Dangote Refinery, Fertiliser Plant To List On Nigerian Exchange By 2025

Dangote Group’s Major Move Dangote Group, Africa’s largest conglomerate, has announced plans to list its much-anticipated Dangote Refinery and fertiliser plants on the Nigerian Exchange Group by the first quarter of 2025. This move is a milestone for both the company and

July 15, 2024

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 15th July 2024

July 15, 2024

I’m Ready To Lose Money To Give Nigerians Cheap Fuel – Dangote

Business·News·Oil & Gas

Dangote Refinery Sets New Date For Petrol Sales To Marketers

Dangote Group has said it would begin sales of Premium Motor Spirit (PMS), also known also petrol, to marketers from August this year. Chairman of Dangote Group, Aliko Dangote, disclosed this to journalists in Lagos on Sunday. Prime Business Africa reports that

July 15, 2024

Business·News

Analysts Project 2.5% Decline In Private Consumption In Nigeria

Economic Forecast and Impact Analysts at BMI, a Fitch Solutions company, have projected that private consumption in Nigeria will fall by 2.5% in 2024. This forecast follows a significant decline of 10.3% in 2023, which is expected to reduce headline economic growth

July 14, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 14th July 2024

July 14, 2024

Business·News

Nigerian Army Intensifies Crackdown On Oil Theft, Arrests 21 Suspects, Destroys 10 Boats

Army Raids Illegal Refineries in Ukwa West The Nigerian Army has made progress in its fight against oil theft, arresting 21 suspects and seizing 10 boats, five vehicles, and motorcycles in Ukwa West Local Government Area of Abia State. This operation carried

July 13, 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 236

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

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th July 2024

Skincare Firm, Uncover, Successfully Closes Oversubscribed $1.4m Funding Round

Nigeria’s Inflation Rate Climbs To 34.19% In June Amid Increasing Costs

Top 10 African Countries With Highest Fuel Prices In July 2024

Dangote Refinery, Fertiliser Plant To List On Nigerian Exchange By 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 15th July 2024

Dangote Refinery Sets New Date For Petrol Sales To Marketers

Analysts Project 2.5% Decline In Private Consumption In Nigeria

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 14th July 2024

Nigerian Army Intensifies Crackdown On Oil Theft, Arrests 21 Suspects, Destroys 10 Boats

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

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

SEC Orders Full Registration of Tradable Instruments by January 2026

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resigns

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Business - Page 236

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