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Business - Page 50

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·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 19th 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 19th June 2025, is N1,595

June 19, 2025

Business·Top Stories

Over N1trn Added To Nigerian Stock Market As Seplat, Beta Glass Record Gains

The Nigerian stock market capitalisation grew by N1.18 trillion on Wednesday, June 18, increasing from N72.49 trillion, reported on Tuesday, June 17, to N73.68 trillion. Also, the all-share index (ASI) increased from 114,910.16 ASI to 116,786.87 ASI, reflecting an increase of 1,876.71

June 18, 2025

Business·Top Stories

AIICO Exceeds Topline, Bottom Line Forecasts, But Profit Drops 49.58%

AIICO Insurance exceeded its topline and bottom line forecast for the first quarter (Q1) of 2025, after recording N54.81 billion gross written premium, compared to the N50.54 billion projected for the period. According to the insurer’s Q1 2025 financial statement, it also

June 18, 2025

Business·Top Stories

Wife Of McNichols’ MD Sells More Shares, Takes Out N19.49m From Company

Ijeoma Chimaraoke, the wife of the Managing Director of McNichols Consolidated Plc, has sold more shares held in the company, as she continues to take out her investment from the custard producer. According to insider dealings documents obtained from the Nigerian Exchange

June 18, 2025

Business

Expert Highlights How Israeli-Iran War Impacts Nigeria’s Economy

The Centre for Promotion of Private Enterprise (CPPE), has highlighted how the outbreak of war between Israel and Iran would affect Nigerian businesses and the economy generally. The conflict, which started with Israel launching attacks on Iran’s nuclear sites last week,

June 18, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 18th June 2025

June 18, 2025

Business·Top Stories

Nigerian Stock Market Cap Extends Decline With N183.30bn Loss

On Tuesday, June 17, the equity capitalisation of the Nigerian stock market dropped to N72.49 trillion, from N72.68 trillion posted on Monday, June 16, indicating a decrease of N183.30 billion. The 0.30 per cent decline in the equity capitalisation was driven by

June 17, 2025

Business·Top Stories

Majority Shareholders Tighten Control Over Lasaco Assurance With 7bn Shares

Lasaco Assurance’s majority shareholders, Ibile Holdings Ltd and Canon Properties & Investments Ltd, increased their shareholdings in the company by 7.08 billion shares in the first quarter (Q1) of 2025. According to Prime Business Africa’s analysis, Ibile Holdings increased its shares by

June 17, 2025

Consolidated Hallmark Holdings Profit Drops From N7.52bn To N1.15bn In H1 2025

Business·Top Stories

Consolidated Hallmark Generates N13.31bn Turnover, Profit Falls To N359.30m

Over N13.31 billion revenue was generated by Consolidated Hallmark Holding in the first quarter (Q1) of 2025, compared to the N6.19 billion recorded in the same period in 2024, indicating a 114.87 percent increase. Also, its insurance service expenses increased by 48.13

June 17, 2025

Business·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 17th June 2025

June 17, 2025

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Business - Page 50

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

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 19th June 2025

Over N1trn Added To Nigerian Stock Market As Seplat, Beta Glass Record Gains

AIICO Exceeds Topline, Bottom Line Forecasts, But Profit Drops 49.58%

Wife Of McNichols’ MD Sells More Shares, Takes Out N19.49m From Company

Expert Highlights How Israeli-Iran War Impacts Nigeria’s Economy

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 18th June 2025

Nigerian Stock Market Cap Extends Decline With N183.30bn Loss

Majority Shareholders Tighten Control Over Lasaco Assurance With 7bn Shares

Consolidated Hallmark Generates N13.31bn Turnover, Profit Falls To N359.30m

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 17th June 2025

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