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Business - Page 468

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

NGX Records N63.83bn Share Trades Within Three Days

A total turnover of 2.87 billion shares, worth N63.83 billion, was traded in 80,229 deals by investors on the floor of the Nigerian Exchange (NGX) between Monday and Wednesday. The NGX, also known as the stock market, opened for three trading days

December 25, 2025

Business·News

Benin Port Will Boost Edo Economy, Create Thousands Of Jobs – Edo NLC

The Nigeria Labour Congress, Edo State Chapter, has applauded the Edo State Governor, Mr. Godwin Obaseki, for embarking on the ambitious project of developing the Benin Port, which will boost the state’s economy and create thousands of jobs for the citizens. In

July 13, 2023

No Plans To Cancel NACCIMA/Qatar Business, Investment Forum In Doha

Business·News

Nigeria’s Trade, Investment Policy ‘ll Boost Competitiveness In Gobal Economy – NACCIMA

National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Kelvin Oye, has commended the Federal Government for the launch of the trade and investment policies for Nigeria, stating that it will boost the country’s chances

July 13, 2023

Business·Diaspora

CBN Directs IMTOs To Use I&E Window Rate To Convert Diaspora Remittances

International Money Transfer Operators (IMTO) have been directed by the Central Bank of Nigeria (CBN) to add naira and eNaira payout to diaspora remittances. In a circular released on Wednesday, titled; Payout Option In Naira For Receipt Of Proceeds Of Diaspora Remittances,’

July 13, 2023

Business·Insights·Opinion

Stimulating Private Sector Investments Towards Nigeria’s Net Zero Ambitions

Nigeria announced its commitment to net zero by 2060 at COP26 in Glasgow. To deliver this, the country has approved an Energy Transition Plan (ETP), “a home-grown, data-backed, multipronged strategy developed for the achievement of net-zero emissions in terms of the nation’s

July 12, 2023

Business·News·Sports

Scottish Giants Rangers Signs Super Eagles Defender Balogun On One-year Deal

Super Eagles defender Leon Balogun was officially unveiled on Wednesday by Scottish Premiership side, Glasgow Rangers in a one-year deal after departing English Championship outfit, QPR

July 12, 2023

Business·News

Tinubu Writes NASS, Seeks Approval For N500bn Subsidy Removal Palliatives

Nigeria’s President, Bola Ahmed Tinubu has written to the National Assembly seeking an amendment to the 2022 supplementary appropriation act to allow the Federal Government raise N500 billion for palliatives to cushion the effect of the removal of subsidy on petrol. This

July 12, 2023

AMA News·Business

Rwanda Maintains Strong Growth Momentum in Early 2023

KIGALI, Rwanda,12 July, 2023-/African Media Agency(AMA)/Rwanda’s economy grew by 9.2% in the first quarter of 2023, following 8.2% growth in 2022. But recent floods, resulting in the loss of life and destruction of infrastructure, are expected to moderate this momentum to 5.8%

July 12, 2023

Air Peace Offers Affordable Luxury Flights To Antiqua For vacationers

Business·Transport

Air Peace Offers Affordable Luxury Flights To Antigua For Vacationers

Leading airline in Sub-Saharan Africa, Air Peace, has announced availability of its flights from Nigeria to the Caribbean Island of Antigua for those going on vacation. In a post on its verified Twitter handle @flyairpeace on Wednesday, 12 July, the airline said

July 12, 2023

Business·FEATURES·Markets

New Facts About Honeywell Group’s Purchase of 15.1% Stake In FBNH

Fresh facts have emerged about the FBN Holdings transaction that has dominated market discussions, disrupted the status quo at Nigeria’s oldest bank, and reintroduced a significant player into the bank and its Holdco. The largest single week transaction since January 2023 and

July 12, 2023

Investors To Buy N150 billion-worth Of FBN Holdings Stake

Business

Otudeko Criticises Ecobank, Counters Claims In Letter To FBN Holdings

The Chairman of Honeywell Group, Oba Otudeko, has denied Ecobank’s disclosure that the Supreme Court granted the N13.5 billion debt claim against the investor. Ecobank had made this known in a letter sent to First Bank Nigeria (FBN) Holdings, requesting that the

July 12, 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 468

Benin Port Will Boost Edo Economy, Create Thousands Of Jobs – Edo NLC

Nigeria’s Trade, Investment Policy ‘ll Boost Competitiveness In Gobal Economy – NACCIMA

CBN Directs IMTOs To Use I&E Window Rate To Convert Diaspora Remittances

Stimulating Private Sector Investments Towards Nigeria’s Net Zero Ambitions

Scottish Giants Rangers Signs Super Eagles Defender Balogun On One-year Deal

Tinubu Writes NASS, Seeks Approval For N500bn Subsidy Removal Palliatives

Rwanda Maintains Strong Growth Momentum in Early 2023

Air Peace Offers Affordable Luxury Flights To Antigua For Vacationers

New Facts About Honeywell Group’s Purchase of 15.1% Stake In FBNH

Otudeko Criticises Ecobank, Counters Claims In Letter To FBN Holdings

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