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Business - Page 449

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

Football Transfer News: Liverpool Set To Hijack Chelsea’s Planned Deal For Caicedo

Liverpool in the early hours of Friday agreed a British record transfer for midfielder Moises Caicedo whom Chelsea had chased throughout the transfer window so far

August 11, 2023

Business

US Reveals Ways China Could Influence Nigerian Gov’t’s Decisions

The United States has disclosed that Nigeria could be influenced by China with the loans the Asian country has been extending to the West African nation. In an Integrated Country Strategy report dated 6 April 2022, but updated on 23 June 2023

August 11, 2023

Business·Markets

Stock Market Cap Up By N564.84bn, FBN Holdings, Fidelity Bank Top Trade

The market capitalisation of the Nigerian stock exchange increased by N564.84 billion or 1.61 per cent to rise from N34.91 trillion to N35.48 trillion on Thursday. After trading, the All-Share Index closed at 65,204.82, up from 64,167.39 ASI, after bagging 1,037.43 basis

August 10, 2023

Business

Uncertainty Surrounds Azman Air’s Future, As Firm Fails To Raise Funds For Aircraft

The inability of Azman Air’s management to raise foreign exchange for the maintenance of the airline’s aircraft has been cited as the reason the company shut down its operation. Azman has four Boeing 737 series aircraft pulled out of operation for C-checks

August 10, 2023

Business·News·Sports

Breaking News: Bayern Munich Agrees £94.5m Deal With Tottenham To Sign Harry Kane

England captain Harry Kane could be heading to Germany after his current team, Tottenham Hotspur on Thursday agreed a deal in principle with German Bundesliga champions, Bayern Munich for his signature

August 10, 2023

Business·Oil & Gas

Vessel Scarcity, Four Other Reasons Gas Prices Will Rise In Nigeria From Next Week

The President of the Nigerian Association of Liquefied Petroleum Gas Marketers, Olatunbosun Oladapo, has listed five reasons the prices of cooking gas will rise from next week. Oladapo said market forces are influencing the prices at a period gas business has been

August 10, 2023

AMA News·Business

Bridging the Divide: Confronting Socioeconomic Inequality in Sub-Saharan Africa

Chika Idoko, Head of Equality Diversity and Inclusion, British Council, Sub-Saharan Africa LAGOS, Nigeria, 10 August 2023 -/African Media Agency(AMA)/- As leaders who support mainstreaming equality, diversity, and inclusion, we aim to ensure that every individual, regardless of their background, enjoys the same rights, opportunities,

August 10, 2023

Nigerian Govt's Suspension Of Taxes On Food Imports Will Stabilise Prices - NACCIMA

Business

GSK’s Exit From Nigeria: NACCIMA Urges Govt To Create Conducive Environment For Businesses

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called on the Nigerian government to take necessary steps towards creating a conducive environment for businesses and reverse the ugly trend of companies collapsing in the country. NACCIMA made

August 10, 2023

Business·Currency

Dollar Rate Hits N782 In Official Window, N891 In Black Markets

In the Investors’ and Exporters’ window of the official market, the naira to dollar rate settled at N782.38/$1 at the end of trading on Wednesday. The naira depreciated in value by 3.28 per cent at the same time the price of the

August 10, 2023

Business

Investors To Buy N150 billion-worth Of FBN Holdings Stake

FBN Holdings said the board of directors will propose a N150 billion capital raise through Rights Issue to shareholders of the company on August 15, 2023. The company intends to sell some of its shares to existing shareholders to raise the capital

August 10, 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 449

Dollar Rate Drops By N10 In Black Market

Football Transfer News: Liverpool Set To Hijack Chelsea’s Planned Deal For Caicedo

US Reveals Ways China Could Influence Nigerian Gov’t’s Decisions

Stock Market Cap Up By N564.84bn, FBN Holdings, Fidelity Bank Top Trade

Uncertainty Surrounds Azman Air’s Future, As Firm Fails To Raise Funds For Aircraft

Breaking News: Bayern Munich Agrees £94.5m Deal With Tottenham To Sign Harry Kane

Vessel Scarcity, Four Other Reasons Gas Prices Will Rise In Nigeria From Next Week

Bridging the Divide: Confronting Socioeconomic Inequality in Sub-Saharan Africa

GSK’s Exit From Nigeria: NACCIMA Urges Govt To Create Conducive Environment For Businesses

Dollar Rate Hits N782 In Official Window, N891 In Black Markets

Investors To Buy N150 billion-worth Of FBN Holdings Stake

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