Business - Page 39

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

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, 4th 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 4, 2025

Fuel Stations To Increase Petrol Price To Over N700, Oil Marketers Give Reasons

Business·Oil & Gas

PMS, Diesel Price Hike Looms As Govt Pushes For 5% Road Use Charge

As the Federal Ministry of Works and the House of Representatives push for the implementation and remittances of a five per cent road user charge to be factored into fuel and diesel

Victor Ezeja

June 4, 2025

Business

CBN Insists On June 3 Recapitalisation Deadline For BDCs

Last-minute efforts by the Bureau De Change (BDC) operators to seek further extension of the deadline for recapitalisation appear to have failed as the Central Bank of Nigeria (CBN) insisted that June

Victor Ezeja

June 3, 2025

UBA Hosts Business Series To Empower MSME’s On Wealth Management

Business·News

UBA Announces Changes To USSD Banking Charges

The United Bank for Africa (UBA) has announced changes to its USSD banking charges, effective June 3, 2025. In line with the Nigerian Communications Commission (NCC) directive, USSD banking charges will no

Prime Business Africa

June 3, 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

Stock Market Cap Hits N70.89trn As SCOA, Honeywell Flour, Others Gain N259.48bn

At the end of trading on Tuesday, June 3, the valuation of the Nigerian stock market increased by N259.48 billion to N70.89 trillion, from N70.63 trillion on Monday, June 2. Likewise, the

Prime Business Africa

June 3, 2025

Zenith Bank Records 117% Gross Earnings Growth In H1 2024

Business·Top Stories

Zenith Bank’s Revenue Increased To N949.85bn, Profit Grew By 20.70% In Q1 2025

Zenith Bank’s revenue for the first quarter (Q1) of 2025 increased by 21.68 percent to N949.85 billion, up from N780.61 billion generated in the same quarter in 2024. The lender, in its

Prime Business Africa

June 3, 2025

UNGA: What Tony Elumelu Says About President Tinubu’s NASDAQ Bell Ringing-VIDEO

Business·Top Stories

Tony Elumelu’s Investment in UBA Increases To N133bn After Acquiring 1.26bn Shares

Tony Elumelu, the chairman of the United Bank for Africa (UBA), has increased his stake in the financial institution to per cent, according to Prime Business Africa’s analysis. In a ‘Dealing by

Prime Business Africa

June 3, 2025

Business

Nigeria Begins Another Round Of Bond Sales, Offers Attractive Interest Rates

The Debt Management Office (DMO) has begun another round of subscription for the Federal Government of Nigeria (FGN) Savings Bonds, offering attractive interest rates to retail investors for the month of June.

Victor Ezeja

June 3, 2025

Naira Opens Week With Gain Across FX Markets

Business·Currency·Markets

Naira Appreciates Against Dollar Across FX Markets

The Nigerian naira began the new week of the new month of June on a positive note, recording significant appreciation across foreign exchange market windows. At the official market, the Central Bank

Victor Ezeja

June 3, 2025

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Business - Page 39

Legend Internet Struggling To Attract Investors After Poor Financial Performance

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 4th June 2025

PMS, Diesel Price Hike Looms As Govt Pushes For 5% Road Use Charge

CBN Insists On June 3 Recapitalisation Deadline For BDCs

UBA Announces Changes To USSD Banking Charges

Stock Market Cap Hits N70.89trn As SCOA, Honeywell Flour, Others Gain N259.48bn

Zenith Bank’s Revenue Increased To N949.85bn, Profit Grew By 20.70% In Q1 2025

Tony Elumelu’s Investment in UBA Increases To N133bn After Acquiring 1.26bn Shares

Nigeria Begins Another Round Of Bond Sales, Offers Attractive Interest Rates

Naira Appreciates Against Dollar Across FX Markets

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