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Business - Page 448

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·News·Sports

BREAKING: Chelsea Agrees £115m Deal With Brighton To Sign Caicedo

Chelsea have reached an agreement with Brighton for a British transfer record at £115m fee plus a sell-on clause for midfielder Moises Caicedo, several high profile sources report Sunday night

August 13, 2023

Nigeria's Inflation Rate Increases To 26.72%, AS Food Prices Soars

Business·Markets

Week Ahead: Nigeria Inflation, Fed Minutes and Oil In Focus – FXTM

Inflationary pressures are gradually easing across the globe but remain rampant in Africa’s largest economy. Unlike the United States which has witnessed consumer prices coming down from a peak of 9.1% in June 2022, Nigeria’s inflation remains hot, stubborn, and unyielding. The

August 13, 2023

Business

Nigeria To Sign Landmark Investment Agreements With Other Countries At LCCI 2023 Int’l Conference

The Lagos Chamber of Commerce and Industry (LCCI) is set to host the 2023 International Business Conference and Expo that will witness the signing of landmark investment agreement between Nigeria and other countries. According to a statement from chamber, the international business

August 13, 2023

Business·Real Estate

Joy Apartments: Home Away From Home

In hospitality services, there are key things people look out for – access to basic amenities that give comfort and security. Unlike conventional hotels, Joy Apartments, located at No. 12 Nduka Osadebe Street, Ajao Estate, Lagos, offers hospitality services that give one

August 13, 2023

Business·Oil & Gas

Eunisell Pioneering Production Facilities to Transform Oil and Gas Landscape

Eunisell, a prominent player in the oil and gas industry, has introduced novel Early Production Facilities (EPFs) poised to reshape the Niger Delta’s oil and gas sector Strategically positioned in challenging onshore and remote swamp locales, these facilities are poised to expedite

August 11, 2023

Business·Markets

GSK, CWG, Others Raise Nigerian Stock Market Cap By N88.72bn

Nigerian bourse appreciated in value by 0.25 per cent on Friday, after Glaxo SmithKline (GSK), CWG and others on the gainers’ list added N88.72 billion to the market capitalisation. Consequently, the stock market capitalisation increased to N35.57 trillion from N35.48 trillion, according

August 11, 2023

Business·News·Sports

Premier League: Caicedo Turns Down Liverpool Offer, Prefers Chelsea

The transfer merry-go-round involving Brighton midifelder Moises Caicedo took an interesting twist on Friday as the Ecuadorian according to several English news outlets has chosen to sign for Chelsea rather than Liverpool. The Merseysiders launched an audacious bid of over £110m in

August 11, 2023

Business·Oil & Gas

Access Bank Serves Seplat Energy With Bankruptcy Court Order Against Orjiako

Seplat Energy has been served with a bankruptcy ex parte interim court order from Access Bank, as the financial institution moves to recover the debt A.B.C Orjiako owes the lender. Orjiako, who served as the chairman of the company between August 2003

August 11, 2023

Business

CBN Owes Goldman Sachs, JP Morgan $7.5bn, Releases Financials Amid Probe

Amid an investigation into the affairs of the Central Bank of Nigeria (CBN), the financial regulator has released seven years of the firm’s financial statements. The CBN stopped publishing its report in 2016 after Godwin Emefiele became the governor of the apex

August 11, 2023

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Gap Between Black Market, Official Window Dollar Rates Hits N120.56

On Thursday, data from the official window and the black channel showed that the gap between the two markets’ rates is now N120.56 kobo. According to Naira Rates, a parallel market aggregator, the average price of the dollar was N901.9/$1, increasing from

August 11, 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 448

Dollar Rate Drops By N10 In Black Market

BREAKING: Chelsea Agrees £115m Deal With Brighton To Sign Caicedo

Week Ahead: Nigeria Inflation, Fed Minutes and Oil In Focus – FXTM

Nigeria To Sign Landmark Investment Agreements With Other Countries At LCCI 2023 Int’l Conference

Joy Apartments: Home Away From Home

Eunisell Pioneering Production Facilities to Transform Oil and Gas Landscape

GSK, CWG, Others Raise Nigerian Stock Market Cap By N88.72bn

Premier League: Caicedo Turns Down Liverpool Offer, Prefers Chelsea

Access Bank Serves Seplat Energy With Bankruptcy Court Order Against Orjiako

CBN Owes Goldman Sachs, JP Morgan $7.5bn, Releases Financials Amid Probe

Gap Between Black Market, Official Window Dollar Rates Hits N120.56

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