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Business - Page 442

Dollar Rate Drops By N10 In Black Market

Over N10 was removed from the foreign exchange rate for the United States dollar (USD) in the black market on Wednesday, December 24. According to Naira Rates, the price for a dollar had depreciated to N1,467.99 kobo per $1, from the N1,477.99

December 24, 2025

Business

Step By Step Guide On How To Apply For 2023/2024 Chevening Scholarships, Applications Opens September 12

Aspiring students across the globe are gearing up for an exceptional opportunity as the Chevening Scholarships applications are set to open on September 12, 2023. These coveted scholarships provide a gateway to pursuing fully-funded one-year master’s degrees at some of the most

August 24, 2023

Business

Business Owners Struggle With e-Commerce Despite Weekly Sit-at-home In S’East Nigeria

By Geraldine Anyawau Despite the growing popularity of e-commerce globally, many business owners in South-East Nigeria are yet to fully adopt this contemporary way of doing business even in the face of the two-year-old weekly sit-at-home that has gravely affected economic activities

August 24, 2023

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

Business·Markets

ABC Heads Gainers’ List, Conoil Disappoints, As Stock Market Records Sluggish Growth

After trading closed on Wednesday, the Associated Bus Company (ABC) led the gainers’ table and Conoil topped the losers’ chart, with the Nigerian bourse rising by N2.26 billion in value. This was disclosed in market data obtained from the Nigerian Exchange Limited

August 23, 2023

Business·Entrepreneurship

UNN Student Entrepreneurs 2023

By Jacinta Chisom Oguadinma The University of Nigeria, Nsukka (UNN), is enabling a vibrant community of young entrepreneurs who are using their creativity and ambition to foster positive changes. These student-entrepreneurs excel academically and at the same time actively engage in

August 23, 2023

Business·Markets

Nigeria’s Capital Market Authority Mulls Dollar-denominated Bond, Stock Listings

The Nigerian Exchange Limited (NGX) has proposed the listing of dollar-denominated bonds and stocks in the capital market to help improve the challenges in the foreign exchange market. Companies operating at the free trade zones and firms that earn in dollars will

August 23, 2023

Forensic Expert Confirms Forgery Of Buhari’s Signature To Withdraw $26m

Business

Emefiele Settles For Plea Bargain In N6.9bn Procurement Fraud Case

The suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has settled for a plea bargain following the 20-count charges filed against him by the Federal Government. Emefiele was expected to appear in court on Wednesday, however, the suspended bank

August 23, 2023

Business·Oil & Gas

IPMAN Asks FG To Partner With Illegal Refinery Operators In Creeks

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised the Federal Government to take advantage of the technology used by illegal refineries. According to the Chairman of IPMAN’s Enugu Depot Community, Chinedu Anyaso, Nigeria’s refining challenges could be resolved with the

August 23, 2023

Official Market Records Decline In Dollar Rate, Trade Flat In Black Market

Business·Currency

Dollar Crashes In Black Market, Maintains Increase In Official Window

FMDQ Exchange reported on Tuesday that the rate of the United States Dollar (USD) increased by N9.2 kobo in the Investors’ and Exporters’ window of the official market. Prime Business Africa learnt that demand pressure dragged the value of the naira down

August 23, 2023

Business

Black Market Dollar Rate Hits N874/$1, Official Window Rate Rises

The naira depreciated in value by 2.94 per cent in the Investors’ and Exporters’ window after the dollar rate rose to N761.32/$1 at the close of trading on Monday. It was learnt that the authorised dealers in the official market increased their asking price

August 22, 2023

Nigerian Stock Market Record Highest Level In 15-years, Equity Cap Up N59.90bn

Business·Markets

Stock Market Cap Increases By N157.58bn, As Investments Rise

Following an increase in investment into the Nigerian stock market on Tuesday, the bourse’s capitalisation appreciated by 0.44 per cent or N157.58 billion. This was disclosed by the Nigerian Exchange Limited (NGX) which showed that the stock market capitalisation closed at N35.84

August 22, 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 442

Dollar Rate Drops By N10 In Black Market

Step By Step Guide On How To Apply For 2023/2024 Chevening Scholarships, Applications Opens September 12

Business Owners Struggle With e-Commerce Despite Weekly Sit-at-home In S’East Nigeria

ABC Heads Gainers’ List, Conoil Disappoints, As Stock Market Records Sluggish Growth

UNN Student Entrepreneurs 2023

Nigeria’s Capital Market Authority Mulls Dollar-denominated Bond, Stock Listings

Emefiele Settles For Plea Bargain In N6.9bn Procurement Fraud Case

IPMAN Asks FG To Partner With Illegal Refinery Operators In Creeks

Dollar Crashes In Black Market, Maintains Increase In Official Window

Black Market Dollar Rate Hits N874/$1, Official Window Rate Rises

Stock Market Cap Increases By N157.58bn, As Investments Rise

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