Business - Page 24

Naira Opens Week With Gain Across FX Markets

The Nigerian naira opened the new week on a positive note, as it gained against the US dollar in both the official and parallel foreign exchange markets on Monday, 7 July 2025.

Victor Ezeja

July 7, 2025

How Nigeria’s External Reserves Rose By 5.6% To $38.8bn In 2024 — CBN

Business·News

CBN Clarifies NRBVN Charges For Nigerians In Diaspora

The Central Bank of Nigeria (CBN) has addressed concerns raised regarding purported hidden charges attached to the newly launched Non-Resident Bank Verification Number (NRBVN) platform. The apex bank affirmed that no hidden fees have

Victor Ezeja

July 7, 2025

Nigerian Equity Market Records First Gain This Week

Business·Top Stories

Stock Market Cap Rises By N192bn, Ellah Lakes Tops Gainers, Sunu Leads Losers

After trading on Monday, July 7, the stock market capitalisation closed at N76.53 trillion, up from the N76.33 trillion recorded on Friday, July 4. The N192.84 billion increase was on the back

Prime Business Africa

July 7, 2025

Nigerian Drug Producer Morison Records N287bn Revenue After Spending N209m On Production

Business·Top Stories

Nigerian Drug Producer Morison Records N287m Revenue After Spending N209m On Production

In its 2024 financial statements, Morison Industries reported N287.17 million revenue after spending N209.81 million on production during the same year. Compared to the performance of 2023, Morison had recorded N119.94 million

Prime Business Africa

July 7, 2025

Builders Lament, Call For Government Intervention As Cement Prices Rises Above N7,000

Business·Top Stories

Investment In Dangote Cement Wasn’t Profitable Compared To Lafarge, BUA In Q2 2025

In the second quarter (Q2) of 2025, the shareholders of Lafarge profited more from their investments in the company than those of BUA Cement and Lafarge Wapco, according to Prime Business Africa’s

Prime Business Africa

July 7, 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, 7th 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 7, 2025

NUPRC Data Contradicts NNPC’s 1.8m bpd Celebrated Output Figures, Indicates 1.53m Daily Production

Business·Oil & Gas

NUPRC’s Revenue Rises By 176.7% To ₦12.2trn In 2024

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) recorded a historic high of ₦12.2 trillion revenue in 2024. This represents a 176.7 percent surge compared to ₦4.3 trillion recorded in 2023. The 2024 performance

Victor Ezeja

July 6, 2025

Business

Nigerian Banks Resume Int’l Transactions On Naira Debit Cards

Nigerian banks have resumed international transactions on naira-denominated debit cards after a nearly three-year suspension due to foreign exchange pressures. This marks a significant development in banking operations, especially for clients who

Victor Ezeja

July 5, 2025

Naira Falls Against Dollar Across FX Markets

Business·Currency·Markets

Naira Depreciates Against Dollar, Ending The Week On Negative Note

After ending last month and beginning the week on a positive note, the Nigerian naira depreciated against the US dollar at the foreign exchange market on Friday, 4 July 2025. The naira

Victor Ezeja

July 5, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th 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 5, 2025

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Business - Page 24

Naira Opens Week With Gain Across FX Markets

CBN Clarifies NRBVN Charges For Nigerians In Diaspora

Stock Market Cap Rises By N192bn, Ellah Lakes Tops Gainers, Sunu Leads Losers

Nigerian Drug Producer Morison Records N287m Revenue After Spending N209m On Production

Investment In Dangote Cement Wasn’t Profitable Compared To Lafarge, BUA In Q2 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 7th July 2025

NUPRC’s Revenue Rises By 176.7% To ₦12.2trn In 2024

Nigerian Banks Resume Int’l Transactions On Naira Debit Cards

Naira Depreciates Against Dollar, Ending The Week On Negative Note

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th July 2025

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