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Business - Page 253

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·FEATURES

Why Fidelity Bank Began Recapitalisation Before CBN Directive – Executive Director Amuchie

As banks and other financial institutions begin to retool their strategies, in line with the reforms and policies of the Central Bank of Nigeria (CBN), in the banking sector, Stanley Amuchie, Executive Director, Chief Operations and Information Officer, Fidelity Bank PLC, in

June 17, 2024

Africa·Business·News

Blackouts In Ghana, Others As Gas Supply Disruption From Nigeria Lingers

Some parts of Ghana and other West African countries are experiencing blackouts, due to a disruption in gas supply from Nigeria. Cities in Ghana, Benin, and Togo have been hit hard, leaving many without power. The West African Gas Pipeline Company Limited

June 17, 2024

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

Business·News

Food Inflation In Nigeria Hits 40.66%, Deepening Economic Woes

Food inflation in Nigeria has surged to 40.66% in May, 2024, making it increasingly difficult for Nigerians to afford basic meals. Prime Business Africa reports a notable rise in food prices, indicating a steady increase in the cost of living. Analysis of

June 17, 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 17th June 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

June 17, 2024

Business·News·World News

Binance Fraud: Court Drops Tax Charges Against Executives

Court Clears Binance Executives The Federal High Court in Abuja on Friday, cleared Binance executives, Tigran Gambaryan, a 39-year-old American, and Nadeem Anjarwalla, of tax evasion charges. This decision came after the Federal Inland Revenue Service (FIRS), submitted amended charges, effectively dropping

June 16, 2024

Business·Markets·News

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

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? The dollar to naira exchange rate in the black market has been a topic of interest for many Nigerians. On Saturday, June

June 16, 2024

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

Business·Markets·News

Nigeria’s Equity Market Sees N398bn Gains In Holiday-Shortened Week

Market Performance Overview Nigeria’s equity market experienced a positive trend in the holiday-shortened trading week that ended on Friday, June 14. The market saw a 0.71 percent increase, equivalent to a N398 billion rise, as investors predominantly bought stocks in the oil

June 15, 2024

Naira Falls Against Dollar Across FX Markets

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate For Today 15th June 2024

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? As of Friday, 14th June 2024, the exchange rate for a dollar to naira at the Lagos Parallel Market, commonly referred to

June 15, 2024

Business

Customs Exchange Rate For Import Duty Rises By 2.04% In 4 Days

Nigeria Customs Exchange rate for calculating duties has increased by 2.04 per cent in four days. From N1,447.97/$1 on Monday, 10 June, it increased to N1477.65 as of Friday 14 June 2024.

June 14, 2024

AMA News·Business

NWIPR Empowers PR Entrepreneurs through PR Business Training Initiative

Nigerian Women in PR, a social impact professional organisation, set up to advocate and provide resources to PR professionals in Nigeria and globally, has successfully hosted its the first edition of its global Public Relations Business Training program for Public Relations entrepreneurs,

June 14, 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 253

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

Why Fidelity Bank Began Recapitalisation Before CBN Directive – Executive Director Amuchie

Blackouts In Ghana, Others As Gas Supply Disruption From Nigeria Lingers

Food Inflation In Nigeria Hits 40.66%, Deepening Economic Woes

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 17th June 2024

Binance Fraud: Court Drops Tax Charges Against Executives

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

Nigeria’s Equity Market Sees N398bn Gains In Holiday-Shortened Week

Black Market Dollar (USD) To Naira (NGN) Exchange Rate For Today 15th June 2024

Customs Exchange Rate For Import Duty Rises By 2.04% In 4 Days

NWIPR Empowers PR Entrepreneurs through PR Business Training Initiative

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