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Business - Page 241

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, 6th 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 6, 2024

Business·News

Nigeria Faces Backlash Over $150bn Samoa Deal Amid LGBTQ Concerns

Controversial Agreement Sparks Outrage Nigeria’s Federal Government is under fire for signing a $150 billion Samoa Deal, which critics claim promotes LGBTQ rights. The agreement, signed on November 15, 2023, in Samoa, allegedly includes clauses that mandate support for LGBTQ rights as

July 5, 2024

Business·Markets·News

Veritas Kapital, Geregu Power, Julius Berger, Dangote Cement, Others Top Stocks Made NGX Africa’s Best In H1

NGX Outperforms African Stock Markets In the first half (H1) of 2024, the Nigerian Exchange (NGX) emerged as Africa’s top-performing stock market, driven by significant gains in key stocks such as Veritas Kapital, Geregu Power, Julius Berger, and Dangote Cement. The NGX

July 5, 2024

Vessels Discharge Hitches Causing Fuel Scarcity – NNPC

Business·News·Oil & Gas

NNPC Faces Fuel Scarcity As Payment Backlog Of $6bn Mounts

Long Queues Return Amidst $6 Billion Debt Fuel scarcity is once again gripping Nigeria as the Nigerian National Petroleum Company (NNPC), struggles with a $6 billion petrol payment backlog. Long queues are forming at petrol stations across major cities like Lagos and

July 5, 2024

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

Business·Markets·News

Stock Market Dips As Investors Show Cautious Optimism

Cautious Optimism in the Stock Market Thursday’s trading session on the Nigerian Exchange Limited (NGX) ended in red, despite a generally cautious optimism among investors. The stock market experienced a notable dip as some major stocks saw significant declines. Key Stocks Under

July 5, 2024

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 5th July 2024

July 5, 2024

Business·News·Oil & Gas

Gas Production: NNPC Set To Build 100 CNG Sites, 3 LNG Stations

The Nigerian National Petroleum Company Limited (NNPCL), has announced plans to build not less than 100 Compressed Natural Gas (CNG) sites and three Liquefied Natural Gas (LNG) stations to boost gas production. The Group CEO, NNPCL, Mele Kyari, declared that the drive

July 5, 2024

Akpabio-Natasha Sexual Harassment Saga: Absurdity Of A Senate Investigating Itself

Business·News

Senate Scores Executive Low On 2024 Budget Implementation

Capital Budget Implementation Criticised The Senate has criticised the executive for its poor implementation of the capital component of the 2024 budget. On Wednesday, the Senate urged the Federal Government to intensify efforts in funding the capital components of the three national

July 4, 2024

Cryptocurrency Platforms Begin Charging 7.5% VAT On Transaction In Nigeria

Business·News

Cryptocurrency Platforms Begin Charging 7.5% VAT On Transactions In Nigeria

KuCoin Implements VAT on Transactions KuCoin, a cryptocurrency exchange operating in Nigeria, announced on Wednesday that it would begin charging a 7.5% Value-Added Tax (VAT) on transaction fees starting July 8, 2024. This development follows the Federal Government’s recent tax enforcement actions

July 4, 2024

Business·News

Nigeria’s Food Crisis: Corruption, Mismanagement To Blame?

Corruption and Inefficiency: Root Causes of Nigeria’sFood Crisis In Nigeria, the daily struggle for survival is intensifying as Nigeria’s food crisis keeps rising. The cost of food is skyrocketing, with food inflation creeping up to 40.66 percent from 40.53 percent, according to

July 4, 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 241

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

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 6th July 2024

Nigeria Faces Backlash Over $150bn Samoa Deal Amid LGBTQ Concerns

Veritas Kapital, Geregu Power, Julius Berger, Dangote Cement, Others Top Stocks Made NGX Africa’s Best In H1

NNPC Faces Fuel Scarcity As Payment Backlog Of $6bn Mounts

Stock Market Dips As Investors Show Cautious Optimism

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 5th July 2024

Gas Production: NNPC Set To Build 100 CNG Sites, 3 LNG Stations

Senate Scores Executive Low On 2024 Budget Implementation

Cryptocurrency Platforms Begin Charging 7.5% VAT On Transactions In Nigeria

Nigeria’s Food Crisis: Corruption, Mismanagement To Blame?

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