Business - Page 38

Nigeria Now Leading Cement Exporter In Africa – Dangote

Africa’s richest man and President of Dangote Group, Alhaji Aliko Dangote, has revealed that Nigeria is now the largest exporter of cement in Africa. Nigeria’s emergence as Africa’s leading cement exporter has

Victor Ezeja

June 5, 2025

Business·Top Stories

Seplat’s Financial Performance Fails To Save Shareholders From N432bn Loss

Despite an impressive financial performance in the first quarter (Q1) of 2025, Seplat is struggling to attract stock market investors in the second quarter, according to Prime Business Africa’s analysis. In the

Prime Business Africa

June 5, 2025

Business·Top Stories

753% Increase In Finance Income Boosts BUA Foods’ Profit Before Tax

In its unaudited financial statements for the first quarter (Q1) of 2025, BUA Foods reported that N442.06 billion in revenue was generated during the period, compared to the N356.92 billion turnover posted

Prime Business Africa

June 5, 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, 5th 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 5, 2025

Naira Opens Week With Gain Across FX Markets

Business·Currency·Markets

Naira Further Appreciates Across Official, Black Markets

Nigeria’s currency, the naira, maintained a positive outlook, strengthening further across official and black markets on Wednesday, 4 June. The Central Bank of Nigeria (CBN) data on exchange rate showed that the

Victor Ezeja

June 4, 2025

NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

Business·Top Stories

Oando Leads Stock Market Gainers’ List, Meyer Among Losers

The stock market capitalisation increased by N223.38 billion on Wednesday, June 4, after the all-share index (ASI) appreciated by 0.31 per cent. According to trading data released by the Nigerian Exchange Limited

Prime Business Africa

June 4, 2025

Business·Tech News

Telcos Threaten To Stop USSD Services Over ‘Misinformation’ On Billing By Banks

The Association of Licensed Telecom Operators of Nigeria (ALTON), has accused banks of misinforming the public about what was agreed on the Unstructured Supplementary Service Data (USSD) charge. ALTON, an umbrella body

Victor Ezeja

June 4, 2025

GTCO Shareholders Gain N93.87bn As Lender Reveals Plan To List On LSE

Business·Top Stories

GTCO’s Profit Dropped To N258bn In Q1 2025

Guaranty Trust Holding Company (GTCO) reported N397.38 billion interest income in the first quarter (Q1) of 2025, up 41.09 per cent from N281.65 billion recorded in Q1 last year. However, interest expense

Prime Business Africa

June 4, 2025

Business·FEATURES

Internet Data Consumption Drops After 50% Telco Tariff Hike

Internet data usage across Nigeria has dropped significantly following a recent 50 per cent tariff hike by telecommunications companies, which saw a sharp rise in the cost of telecommunications services. Latest telecoms

Victor Ezeja

June 4, 2025

Business·Top Stories

Legend Internet Struggling To Attract Investors After Poor Financial Performance

On April 25, Legend Internet successfully listed on the Nigerian Exchange Limited (NGX), however, a month later, the company has not successfully convinced the stock market investors that it is a profitable

Prime Business Africa

June 4, 2025

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Business - Page 38

Nigeria Now Leading Cement Exporter In Africa – Dangote

Seplat’s Financial Performance Fails To Save Shareholders From N432bn Loss

753% Increase In Finance Income Boosts BUA Foods’ Profit Before Tax

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th June 2025

Naira Further Appreciates Across Official, Black Markets

Oando Leads Stock Market Gainers’ List, Meyer Among Losers

Telcos Threaten To Stop USSD Services Over ‘Misinformation’ On Billing By Banks

GTCO’s Profit Dropped To N258bn In Q1 2025

Internet Data Consumption Drops After 50% Telco Tariff Hike

Legend Internet Struggling To Attract Investors After Poor Financial Performance

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