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Business - Page 482

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

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

One Dollar Costs N760 In Black Market, USD Rises In Official Market

The average rate of the dollar in the black market increased by N1.2 kobo or 0.15% on Wednesday, 21 June, to N760.3/$1, from the previous day’s N759.1/$1. However, the pound rate depreciated to N983.4/£1, having gone for N987/£1 rate during trading the

June 22, 2023

Nigerian Equity Market Records First Gain This Week

Business·Markets

Nigerian Stock Market Value Up By 0.36%, Investors Made N116.48bn

Nigerian stock exchange closed high on Wednesday, with the equity capitalisation appreciating by 0.36 per cent to N32.30 trillion, from N32.18 trillion. Prime Business Africa understands that this represents a combined gain of N116.48 billion for investors whose equities ended on the gainers’

June 21, 2023

Business·News·Sports

Gundogan Agrees Two-year Deal With La Liga Champions Barcelona

Reports from reliable English media on Wednesday reveals that Manchester City and Germany captain Ilkay Gundogan is set to leave the Premier League winners this summer for a stint in the La Liga

June 21, 2023

AMA News·Business

Bill Gates Shares Optimism about Nigeria’s Future: Says Innovative, Talented Young People are a Powerful Asset

LAGOS, Nigeria, 21 June 2023 -/African Media Agency (AMA)/- At a forum with students and young innovators from Nigeria and across Africa, Bill Gates, co-chair of the Bill & Melinda Gates Foundation, discussed how science and innovation can accelerate positive change and contribute to

June 21, 2023

Business·News·Sports

Arsenal Set To Finalise £65m Havertz Deal From Chelsea

Premier League deputy champions Arsenal are closing in on the signing of Chelsea star Kai Havertz according to reliable English media organization, The Athletic

June 21, 2023

Google Ordered To Delete Cashpal, Swiftkash, 16 Other Nigerian Loan Apps

Business·Technology

10 Nigerian Startups Selected By Google For $4 million Black Founders Fund

Google for Startups (GfS) has selected 10 Nigerian startups for the company’s Black Founders Fund, which will provide access to $4 million and other non-financial support. Nigeria accounted for 10 out of the 25 African startups selected. The Nigerian startups cut across

June 21, 2023

Business

Awele Elumelu Increases Investment In Transcorp To N6.66 billion

Awele Elumelu, the wife of the chairman of Transnational Corporation (Transcorp) Plc, Tony Elumelu, has acquired more shares in the company. She acquired 7.30 million shares in the Nigerian stock market in six transactions completed on June 5, 2023, according to a

June 21, 2023

Business·World News

‘Unstoppable’ High Inflation Hinders UK Cost-of-living Fight

Britain's annual inflation rate unexpectedly remained at 8.7 percent in May, official data showed on Wednesday, piling pressure on the Bank of England and government

June 21, 2023

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

Business

Emefiele Flight Risk, Could Flee If Granted Bail, Court Hears

Suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, could flee the country if granted bail, the Department of State Services (DSS) told the Federal Capital Territory High Court on Tuesday, 20 June. DSS said Emefiele was detained in accordance with an

June 21, 2023

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Currency

Naira To Dollar Rate Fall To N756 In Official Market, Increases In Black Market

The naira to dollar rate closed at N756.61/$1 in the investors’ and exporters’ window of the official market on Tuesday, 19 June. Prime Business Africa learnt from the FMDQ Exchange that the price of the dollar depreciated by N13.77 kobo or 1.78%

June 21, 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 482

One Dollar Costs N760 In Black Market, USD Rises In Official Market

Nigerian Stock Market Value Up By 0.36%, Investors Made N116.48bn

Gundogan Agrees Two-year Deal With La Liga Champions Barcelona

Bill Gates Shares Optimism about Nigeria’s Future: Says Innovative, Talented Young People are a Powerful Asset

Arsenal Set To Finalise £65m Havertz Deal From Chelsea

10 Nigerian Startups Selected By Google For $4 million Black Founders Fund

Awele Elumelu Increases Investment In Transcorp To N6.66 billion

‘Unstoppable’ High Inflation Hinders UK Cost-of-living Fight

Emefiele Flight Risk, Could Flee If Granted Bail, Court Hears

Naira To Dollar Rate Fall To N756 In Official Market, Increases In Black Market

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