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Business - Page 240

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

Business·News

Reduce The Cost Of Governance- NIQS Urges Govt

NIQS Urges Government to Cut Down on Governance Costs The Nigerian Institute of Quantity Surveyors (NIQS), has called on the government to reduce the cost of governance in the country. This appeal was made during the 16th annual lecture series themed “Nigeria’s

July 8, 2024

Business·News

CAC Extends Deadline For PoS Operators By 60days To Register Businesses

CAC Extends Registration Deadline The Corporate Affairs Commission (CAC) has announced an extension of the registration deadline for Point of Sales (PoS) operators in Nigeria. Originally set for July 7, 2024, the new deadline is now September 5, 2024. This extension is

July 8, 2024

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, 8th 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 8, 2024

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 7th July 2024

July 7, 2024

High Food, Drug Costs, Push Nigerians Into Healthcare Dilemma

Business·News

More Than 82 Million Nigerians Will Face Severe Hunger By 2030, UN Warns

UN Predicts Hunger Crisis The United Nations has issued a warning that by 2030, approximately 82 million Nigerians, or 64% of the population, may face severe hunger. This alarming prediction highlights the urgent need for the Nigerian government to address climate change,

July 7, 2024

Access ARM Pensions Holds AGM Friday 30 May

Business·News

Recapitalisation: Access Holdings Begins N351bn Right Rights Issue July 8

Access Holdings Plc will on on Monday, 8 July 2024, begin its N351 billion capital raise through rights issue to shareholders. Prime Business Africa reports that the move is to increase the capital base of Access Bank in line with the Central

July 7, 2024

Business·FEATURES

20 Nigerian Banks And Their Sort Codes

In Nigeria, bank sort codes are essential for seamless and accurate financial transactions. They serve as unique identification numbers assigned to each bank branch, ensuring that transfers and transactions are correctly routed. What are Sort Codes? A bank sort code is a

July 6, 2024

The Slippery Slope Of Banking Fees: What’s Next After ATM Withdrawal Fees?

Business·News

Nigerian Banks, POS Street Vendors: A Collusion Crisis Of Transparency

Cash Scarcity and POS Street Vendors The Nigerian banking sector is grappling with a crisis of trust and transparency. A new and concerning trend has emerged, particularly in the Lagos area, where cash is scarce at bank ATMs and tellers, yet street

July 6, 2024

Pension Funds Rise By 17.05% YoY To N22.86tn In January 2025

Business·News

Nigeria’s Pension Industry Reaches All-Time High Of N20.23trn

Nigeria’s Pension Industry Hits Record High in 2024 In May 2024, Nigeria’s pension industry continued its upward trend, achieving a record high of N20.23 trillion. This remarkable growth represents an impressive increase of N4.12 trillion over the past year. According to data

July 6, 2024

Equities Market Sees 0.04% Decline To End Trading Week Amid Mixed Investor Sentiment

Business·Markets·News

Equity Market Sees 0.04% Decline To End Trading Week Amid Mixed Investor Sentiment

Slight Decrease in Equity Market Nigeria’s equity market ended the trading week on Friday, July 5, with a slight decline of 0.04 per cent. The mixed performance was in line with analysts’ expectations, as investors adopted opportunistic investment strategies. “Investors are cautiously

July 6, 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 240

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

Reduce The Cost Of Governance- NIQS Urges Govt

CAC Extends Deadline For PoS Operators By 60days To Register Businesses

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 8th July 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 7th July 2024

More Than 82 Million Nigerians Will Face Severe Hunger By 2030, UN Warns

Recapitalisation: Access Holdings Begins N351bn Right Rights Issue July 8

20 Nigerian Banks And Their Sort Codes

Nigerian Banks, POS Street Vendors: A Collusion Crisis Of Transparency

Nigeria’s Pension Industry Reaches All-Time High Of N20.23trn

Equity Market Sees 0.04% Decline To End Trading Week Amid Mixed Investor Sentiment

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

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