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Business - Page 387

Stock Market Rally Halted As Demand For Ecobank, PZ Cussons Shares Dropped

ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

At the end of trading in the Nigerian stock market on Monday, December 22, the capitalisation of the Nigerian Exchange (NGX) Limited closed at N97.19 trillion. Also, the all-share index (ASI) of the NGX stood at 152,459.07 ASI. Equity traders exchanged 451,52

December 22, 2025

Business·News

Fitch Praises Tinubu’s Policies, Raises Concern Over $10bn Nigeria Forex Loan

Fitch Ratings has affirmed Nigeria's long-term foreign currency credit default outlook at B-, lauding President Tinubu's recent policies as the driving force behind this stability.

November 5, 2023

NDLEA Destroys Over 300,000 Kilograms Of Drugs In Lagos, Ogun State

Business·News

NDLEA Strikes In Lagos, Seizes Over N13 Billion Worth Of Opioids

The National Drug Law Enforcement Agency (NDLEA) has dealt a blow to drug cartels operating in Lagos as their successful raids have resulted in the seizure of N13 billion worth of opioids. The NDLEA’s director of media and advocacy, Femi Babafemi, shared the

November 5, 2023

SERAP Sues President Tinubu, Demanding Probe Into Missing Billions

Business·Finance & Economy·News

SERAP Sues Tinubu, Demands Probe Into Missing Billions

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit, seeking to compel President Tinubu to probe the alleged disappearance of over US$15 billion in oil revenues and N200 billion earmarked for refinery repairs between 2020 and 2021, as detailed in

November 5, 2023

Africa·Business·News·World News

New Social Contract Vital For Accelerating Sustainable Development In Africa, Says ECA

Claver Gatete, the newly appointed Executive Secretary of the Economic Commission for Africa (ECA), has stressed the importance of a new social contract to advance fair and equal opportunities for African citizens, during a meeting of experts and policymakers in Addis Ababa,

November 5, 2023

Missed Flight: Keyamo Orders Probe Into Air Peace, Oshiomhole Clash

Business·News

It Is Either I Get Sacked, Or You Get Sacked- Keyamo Warns NAMA Officials

The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, has sent a warning to officials of the Nigerian Airspace Management Agency (NAMA) that “It is either I get sacked, or you get sacked.” Keyamo expressed his concern about the aviation industry

November 5, 2023

FCCPC) has approved an additional 211 digital money lenders, known as loan apps, marking an increase from 161 fully approved companies in September.

Business·News

FCCPC Approves 211 Digital Loan Apps Amidst Industry Overhaul

FCCPC) has approved an additional 211 digital money lenders, known as loan apps, marking an increase from 161 fully approved companies in September.

November 4, 2023

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

Business·Markets

ASI Increases By 0.22%, Equity Gains N75bn As NGX Closes Week Positively

NGX) wrapped up the week on a high note. The All-Share Index (ASI) witnessed a 0.22% increase, closing at 70,196.73 points, leaving traders and investors with smiles on their faces.

November 4, 2023

US Election 2024: Biden Wins Primary In Michigan, Amid ‘Uncommitted’ Votes Threat

Africa·Business

Biden Seeks To Improve AGOA Trade Program Amid Controversy

During the US-Africa summit in Johannesburg, US Secretary of State Antony Blinken announced President Joe Biden's intention to enhance the African Growth and Opportunity Act (AGOA)

November 4, 2023

Business·News

NLC,TUC Demand Justice For Brutalized President, Declare Nationwide Strike

The organized labour unions, including the Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC), have declared their intention to stage a nationwide strike in response to the abduction and beating of their President, Joe Ajaero. The strike, set

November 3, 2023

Business·News·World News

US October Job Growth Falls Short, Unemployment Rate Rises To 3.9%

The United States added fewer jobs than anticipated in October, causing the unemployment rate to tick up. According to the Bureau of Labor Statistics, 150,000 jobs were created last month, falling short of the 180,000 predicted by economists. The unemployment rate edged

November 3, 2023

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

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

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Business - Page 387

ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

Fitch Praises Tinubu’s Policies, Raises Concern Over $10bn Nigeria Forex Loan

NDLEA Strikes In Lagos, Seizes Over N13 Billion Worth Of Opioids

SERAP Sues Tinubu, Demands Probe Into Missing Billions

New Social Contract Vital For Accelerating Sustainable Development In Africa, Says ECA

It Is Either I Get Sacked, Or You Get Sacked- Keyamo Warns NAMA Officials

FCCPC Approves 211 Digital Loan Apps Amidst Industry Overhaul

ASI Increases By 0.22%, Equity Gains N75bn As NGX Closes Week Positively

Biden Seeks To Improve AGOA Trade Program Amid Controversy

NLC,TUC Demand Justice For Brutalized President, Declare Nationwide Strike

US October Job Growth Falls Short, Unemployment Rate Rises To 3.9%

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ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

Dollar Rate Drops In Black Market, Stable In Official Window

Best-Performing Cement Companies In Nigeria — By Revenue Growth

Dangote Cement Posts Strong Profit Growth Despite Flat Volumes

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

Dollar Trades Flat In Black Market, Appreciates In Official Window

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

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