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Business - Page 47

Dangote Group Assures Nigerians of Stable Fuel Prices Despite New 15% Import Tariff

The Dangote Group has moved to allay public concerns over the Federal Government’s newly approved 15 per cent import tariff on petrol and diesel, insisting that the policy will not trigger fuel price hikes. The Group’s Chief Corporate Communications Officer, Anthony Chiejina,

November 3, 2025

Business·Top Stories

Livingtrust Mortgage Bank’s Net Interest Income Drops As Expense Rises By 139%

Livingtrust Mortgage Bank, in the first quarter (Q1) of 2025, recorded N1.22 billion in gross earnings, which increased by 42.69 percent, compared to the N861,81 million reported in Q1 2024. The mortgage bank announced this in its unaudited condensed financial statement for

June 25, 2025

Business·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 25th June 2025

What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian naira (NGN) in the parallel market, also known as black market, as of 25th June 2025, is N1,595

June 25, 2025

Business·Markets

Naira Drops Again At Official FX Market

The Nigerian naira has depreciated again at the official market within the week. The Central Bank of Nigeria (CBN) data on foreign exchange showed that the naira dropped to N1,549.04 on Tuesday, 24 June, from N1,548.52 traded on Monday. This shows that

June 25, 2025

Business

Access Bank Acquires Standard Chartered Tanzania Operations

Access Bank has acquired Standard Chartered Tanzania’s Consumer, Private, and Business Banking division. The company made this known announcement via social media on Monday, stressing that the move is part of efforts to expand its capacity to “offer inclusive, digitally-driven financial

June 24, 2025

Business·Top Stories

Dangote Sugar, Okomu Oil, Other Gainers Add N764bn To Stock Market Cap

Dangote Sugar and Okomu Oil led the stock market gainers’ list on Tuesday, June 24, with NPF Microfinance Bank and Aradel making the losers’ table. The gains recorded by Dangote Sugar, Okomu Oil, and other companies added N764.12 billion to the bourse’s

June 24, 2025

Business·Top Stories

Infinity Trust Drops, LivingTrust Rises On Most Valuable Nigerian Mortgage Banks List

The total market valuation of mortgage banks in the Nigerian stock market increased by N44.46 billion between January 2 and June 20, according to Prime Business Africa’s analysis. It was gathered that Infinity Trust Mortgage Bank, LivingTrust Mortgage Bank, and Abbey Mortgage

June 24, 2025

Business·Top Stories

Infinity Trust Mortgage Bank’s Revenue Hits N1.28bn In Q1 2025

At the end of the first quarter (Q1) of 2025, Infinity Trust Mortgage Bank Plc recorded N1.28 billion in turnover, exceeding the N853.28 million generated in Q1 2024, reflecting an increase of 50.65 percent. Also, Infinity Trust recorded double-digit growth or a

June 24, 2025

Business·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th June 2025

June 24, 2025

Business·Oil & Gas·Top Stories

Fresh Petrol Price Hike Stokes Fears Of Further Inflation Spike In Nigeria

Nigeria is facing renewed economic pressure as a fresh increase in petrol prices has sparked concerns over another wave of inflation. Analysts have attributed the latest petrol price increase to the recent surge in crude oil prices in the international market following

June 23, 2025

Business·Top Stories

Stock Market Records N278.49bn Gain As Neimeth, Beta Glass Shares Appreciate

The stock market capitalisation increased by N278.49 billion on Monday, June 23, after the all-share index (ASI) appreciated by 0.37 percent at the end of trading. According to data obtained from the Nigerian Exchange Limited (NGX), the market capitalisation grew to N74.81

June 23, 2025

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Business - Page 47

Dangote Group Assures Nigerians of Stable Fuel Prices Despite New 15% Import Tariff

Livingtrust Mortgage Bank’s Net Interest Income Drops As Expense Rises By 139%

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 25th June 2025

Naira Drops Again At Official FX Market

Access Bank Acquires Standard Chartered Tanzania Operations

Dangote Sugar, Okomu Oil, Other Gainers Add N764bn To Stock Market Cap

Infinity Trust Drops, LivingTrust Rises On Most Valuable Nigerian Mortgage Banks List

Infinity Trust Mortgage Bank’s Revenue Hits N1.28bn In Q1 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th June 2025

Fresh Petrol Price Hike Stokes Fears Of Further Inflation Spike In Nigeria

Stock Market Records N278.49bn Gain As Neimeth, Beta Glass Shares Appreciate

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