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Business - Page 390

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

AECF Launches $15.7m Initiative To Empower Women In Agriculture

The Africa Enterprise Challenge Fund (AECF) has launched a $15.7 million initiative, titled “Investing in Women in Nigeria” (IIW-Nigeria), funded by Global Affairs Canada (GAC), with the aim to empower women in the agriculture value chains in Kano State. The AECF, a

November 1, 2023

Tinubu Condemns Violence In Rivers, Orders Police To Secure LG Council Secretariats

Business·Finance & Economy

Lithium, New Oil Tinubu Is Banking On To Refloat Nigeria’s Economy?

President Bola Tinubu recently asserted that “we have a line of sight to the foreign exchange we need to refloat this economy.”

November 1, 2023

Business·News

Air Peace Chairman Decries CBN’s 6-Month Delay In Releasing $14m

Allen Onyema, chairman of Air Peace, has lamented that the Central Bank of Nigeria (CBN) is withholding $14 million, which was meant for the maintenance of the airline's aircraft.

November 1, 2023

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Business·Currency

Naira Resists Dollar At N1,170/$ As US Fed’s Decision Looms

The Nigerian naira has crossed the black market threshold, settling at N1,170 against the US dollar in the midst of economic challenges and geopolitical turmoil. The ongoing struggles in Eastern Europe since February 2022 have cast a shadow on the country’s economy,

November 1, 2023

Business·Markets·News

Nigerian Stock Market Surges By 4.3% To Close October Amid Economic Uncertainties

Equities trading on the Nigerian Exchange Limited (NGX) defied economic headwinds to close the month of October on a high note.

November 1, 2023

Group Praises Lagos Internal Revenue Service Whistle-blower Initiative

Business·News

LIRS Cracks Down On Tax Evaders, Shuts 34 Corporations, 23 Hospitality Firms

In a crackdown on tax evaders, the Lagos State Internal Revenue Service (LIRS) has closed down 34 corporate organizations and 23 hospitality businesses for failing to remit Personal Income Taxes and Consumption Taxes, respectively. The affected companies and establishments, which include prominent

November 1, 2023

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency·News

Naira Appreciates To N815.32/$1 As Nigerian Govt Pledges To Tackle Forex Woes

The Nigerian naira experienced an upswing against the US dollar, closing at N815.32/$1 at the official market on Tuesday, October 31, 2023. This sudden resurgence represents 21.81% increase from the N993.82/$1 exchange rate recorded just a day earlier. Fluctuations in the Naira’s

November 1, 2023

Business·News

Fidelity Bank Wins ‘Export Finance Bank Of The Year’ At 2023 BAFI Awards

Fidelity Bank Plc has clinched the coveted "Export Finance Bank of the Year" award at the 2023 BusinessDay and Other Financial Institutions (BAFI) Awards, held in Lagos.

October 31, 2023

AMA News·Business

Dubai’s rise in global trade and the new face of globalisation

By: His Excellency Abdul Aziz Abdulla Al Ghurair, Chairman of Dubai Chambers LAGOS, Nigeria 31 October 2023 -/African Media Agency (AMA)/- Over the past few decades, globalisation has transformed economies and made our world more interconnected than ever before. Here, His Excellency

October 31, 2023

Brief Profiles of Tinubu's 28 Ministerial nominees

Business·News·Power

Nigeria Govt To Review Siemens Deal Of 25,000MW By 2025 – Power Minister

Nigeria’s Minister of Power, Mr. Bayo Adelabu, announced on Monday night that the federal government is preparing to review the high-profile Siemens power deal with Nigeria. This deal, originally inked to boost the country’s power supply from 4,000 megawatts to 25,000 megawatts

October 31, 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 390

ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

AECF Launches $15.7m Initiative To Empower Women In Agriculture

Lithium, New Oil Tinubu Is Banking On To Refloat Nigeria’s Economy?

Air Peace Chairman Decries CBN’s 6-Month Delay In Releasing $14m

Naira Resists Dollar At N1,170/$ As US Fed’s Decision Looms

Nigerian Stock Market Surges By 4.3% To Close October Amid Economic Uncertainties

LIRS Cracks Down On Tax Evaders, Shuts 34 Corporations, 23 Hospitality Firms

Naira Appreciates To N815.32/$1 As Nigerian Govt Pledges To Tackle Forex Woes

Fidelity Bank Wins ‘Export Finance Bank Of The Year’ At 2023 BAFI Awards

Dubai’s rise in global trade and the new face of globalisation

Nigeria Govt To Review Siemens Deal Of 25,000MW By 2025 – Power Minister

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ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

Dollar Rate Drops In Black Market, Stable In Official Window

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

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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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