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Business - Page 31

Access Holdings Plc Reports 71.39% Profit Surge In H1 2023

Access Bank Dithers As Analyst Flags Enforcement Hurdles in $220 Million BVI Court’s Debt Judgement

In jurisdictions without reciprocal agreements, judgement execution could be even more difficult or impossible “like getting a judgment in the BVI and seeking to execute it in a Caribbean island that lacks such recognition

October 31, 2025

Business·Top Stories

Nigerian Regions With Highest Majority Shareholders In Pharmaceutical Industry

In the Nigerian stock market, there are five pharmaceutical companies listed, with two having majority shareholders from the south-south, one from the south-east, one from the south-west, and one from the north. The companies are Neimeth International Pharmaceutical, Fidson Healthcare Plc, May

July 28, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 28th 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 as black market, as of 28th July 2025, is N1,540

July 28, 2025

Business

SBM Intelligence’s Jollof Index Rises By 153% In Two Years

The cost of cooking a pot of Jollof Rice has increased by 153% in the last two years, according to the most recent Jollof Index released by SBM Intelligence. According to the report “From Pot to Poverty,” the average cost of preparing

July 27, 2025

Business·News·Oil & Gas

Dangote Refinery Receives 4,000 Brand-new CNG Trucks For Fuel Distribution Nationwide

Dangote refinery has announced the arrival of 4,000 brand-new CNG-powered trucks to be used in the distribution of petroleum products across Nigeria. A video shared on the company’s X handle on Saturday showed the arrival of vessels containing the brand-new CNG trucks

July 27, 2025

Business·Currency·Markets

Naira Ends Week Flat At Official Market As Foreign Reserves Rise

The Nigerian naira recorded a mixed performance across foreign exchange market windows on Friday, 25 July 2025. While it closed flat at the official market, the local currency weakened at the parallel (black) market. The Central Bank of Nigeria (CBN) foreign exchange

July 26, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th July 2025

July 26, 2025

Business·News

Transcorp Hotels Plc Reports Strong H1 2025 Performance, Posts 60% Revenue Growth

Transcorp Hotels, the hospitality subsidiary of Transnational Corporation Plc (Transcorp Group), has reported a robust financial performance for the first half (H1) of 2025, with revenue rising by 60% year-on-year (YoY) to ₦47.57 billion, up from ₦29.72 billion recorded during the same

July 25, 2025

Business·Top Stories

Infinity Trust Mortgage Bank Grows Revenue To N1.51bn, Profit Rises By 84%

Infinity Trust Mortgage Bank has disclosed that its revenue for the second quarter (Q2) of 2025 increased by 62.27 percent to N1.51 billion, from the N931.63 million reported in the same period in 2024. The mortgage bank announced the increase in its

July 25, 2025

Business·Top Stories

Ikeja Hotel, Unilever Lift Stock Market Cap By N792.58bn

At the close of trading on Friday, July 25, the market capitalisation of the Nigerian Exchange Limited (NGX) increased to N85.05 trillion, up from N84.26 trillion recorded on Thursday, July 24. This represents an increase of N792.58 billion. The 0.94 percent appreciation

July 25, 2025

Business·Top Stories

Nigerian Regions With Highest Bank Majority Shareholders

The south-west and south-south regions have the highest majority shareholders in the banking industry, followed by the south-east and the north, according to analysis by Prime Business Africa. This publication covers the 13 commercial and microfinance banks listed in the Nigerian stock

July 25, 2025

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Business - Page 31

Access Bank Dithers As Analyst Flags Enforcement Hurdles in $220 Million BVI Court’s Debt Judgement

Nigerian Regions With Highest Majority Shareholders In Pharmaceutical Industry

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 28th July 2025

SBM Intelligence’s Jollof Index Rises By 153% In Two Years

Dangote Refinery Receives 4,000 Brand-new CNG Trucks For Fuel Distribution Nationwide

Naira Ends Week Flat At Official Market As Foreign Reserves Rise

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th July 2025

Transcorp Hotels Plc Reports Strong H1 2025 Performance, Posts 60% Revenue Growth

Infinity Trust Mortgage Bank Grows Revenue To N1.51bn, Profit Rises By 84%

Ikeja Hotel, Unilever Lift Stock Market Cap By N792.58bn

Nigerian Regions With Highest Bank Majority Shareholders

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