Business - Page 35

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

CBN Denies Extending BDC Recapitalisation Deadline, Insists On June 2025

The Central Bank of Nigeria (CBN) has debunked reports claiming it extended the deadline for Bureau De Change (BDC) operators to meet new capitalisation requirements. The apex bank insisted that the deadline

Victor Ezeja

June 12, 2025

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Top Stories

NGX Market Capitalisation Gains N404.58bn After Rising To N72.30bn

The market capitalisation of the Nigerian Exchange Limited (NGX) increased to N72.30 trillion on Wednesday, June 11, from N71.89 trillion on Tuesday, June 10, indicating a gain of N404.58 billion. This was

Prime Business Africa

June 11, 2025

Business·Top Stories

Julius Berger Leads List Of Worst-Performing Real Estate Stocks In Nigeria

In the last five months and one week, the worst-performing real estate companies in the Nigerian stock market are Julius Berger Nigeria Plc, Haldane McCall, and the Nigeria Infrastructure Debt Fund (NIDF).

Prime Business Africa

June 11, 2025

Business·Top Stories

Access Holdings’ Net Interest Income Drops As Expense Skyrockets By 71.32%

Access Holdings grew its interest income by 36.28 percent to N980.67 billion in the first quarter (Q1) of 2025, compared to N719.59 billion reported in the corresponding period in 2024. The company

Prime Business Africa

June 11, 2025

Business·Oil & Gas

Petrol Not Cheap In Nigeria, IPMAN Counters Dangote

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has stated that Premium Motor Spirit (PMS), also known as petrol, is not cheap in Nigeria. IPMAN spokesperson, Chinedu Ukadike, stated this while reacting

Victor Ezeja

June 11, 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, 11th June 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

June 11, 2025

Naira Opens Week With Gain Across FX Markets

Business·Currency·Markets

Naira Further Appreciates Across FX Market After Sallah Celebration

The Nigerian naira recorded significant appreciation at the foreign exchange market on Tuesday, 10 June 2025, being the first trading day after the Ed-el-Kabir celebration. The naira traded N1,540.048 against the United

Victor Ezeja

June 10, 2025

NGX Set To Lose N60bn As MRS Oil Nigeria Plc Plans To Delist Shares

Business·Top Stories

Nigerian Stock Market Returns From Eid-el-Kabir Break With N377.88bn Loss

After a two-day break to celebrate Eid-el-Kabir festival, the Nigerian stock market opened trading for this week with a 0.52 per cent decline in the equity capitalisation on Tuesday, June 10. According

Prime Business Africa

June 10, 2025

Cooking Gas Crisis: Will Nigeria's LPG Export Ban Be The Solution?

Business·Oil & Gas

More Trouble For Nigerian Households As Cooking Gas Price Rises Further

Nigeria’s already struggling households are in for deeper hardship as Liquefied Petroleum Gas (LPG), also known as cooking gas, prices continue to surge, worsening inflation, hunger, and energy poverty. The latest price

Victor Ezeja

June 10, 2025

Dangote Cement, Rand Merchant Bank Begin Commercial Paper Issuances On FMDQ Exchange

Business·Top Stories

Lafarge Shareholders Gain N215bn As Dangote, BUA Cements Struggle To Attract Investors

Dangote Cement and BUA Cement have not had an impressive outing in the second quarter (Q2) of 2025 compared to their market rival, Lafarge Wapco, according to analysis by Prime Business Africa.

Prime Business Africa

June 10, 2025

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Business - Page 35

CBN Denies Extending BDC Recapitalisation Deadline, Insists On June 2025

NGX Market Capitalisation Gains N404.58bn After Rising To N72.30bn

Julius Berger Leads List Of Worst-Performing Real Estate Stocks In Nigeria

Access Holdings’ Net Interest Income Drops As Expense Skyrockets By 71.32%

Petrol Not Cheap In Nigeria, IPMAN Counters Dangote

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 11th June 2025

Naira Further Appreciates Across FX Market After Sallah Celebration

Nigerian Stock Market Returns From Eid-el-Kabir Break With N377.88bn Loss

More Trouble For Nigerian Households As Cooking Gas Price Rises Further

Lafarge Shareholders Gain N215bn As Dangote, BUA Cements Struggle To Attract Investors

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Dangote’s Frequent Price Cuts And Ripples Of Intense Competition In Nigerian Fuel Market

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Fuel Subsidy: World Bank Must Allow Africa’s Poor Breathe [Editorial]

Oil Billionaires Who Recorded Losses In H1 2025

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₦142bn Bus Terminals vs. Nigeria’s Health Crisis: A Question of Priorities

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NNPCL’s Revenue, PAT Drop In July

Unlocking Nigeria’s Industrial Growth: Experts Chart Path To Boosting Mining, Steel Production

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