Business - Page 6

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

N43bn Shares Traded In Four Days As Stock Market Closes For Easter Celebration

The Nigerian stock market traded for four days this week due to the public holidays slated for Friday, April 18, and Monday, April 21, to commemorate the 2025 Easter celebration. Between Monday,

Prime Business Africa

April 18, 2025

Business·Top Stories

NEM Insurance Posts N97.96bn Revenue, Net Income Up By 30%

NEM Insurance had an impressive financial year in 2024, with revenue rising by 88 percent after generating N97.96 billion, up from N52.11 billion recorded in 2023. However, incurred claims and claims handling

Prime Business Africa

April 18, 2025

Top Five Performing Insurance Companies In Nigeria By Revenue Growth

Business·Top Stories

AXA Mansard, NEM, Cornerstone… 10 Largest Insurance Companies In Nigeria

The value of the insurance industry fell by N61.08 billion or 10.07 percent in the first quarter (Q1) of 2025, according to an analysis of the market valuation of 20 publicly listed

Prime Business Africa

April 18, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 28th April 2025

Business·Currency·Markets

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

Victor Ezeja

April 18, 2025

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business

Abbey Mortgage Bank Leads Gainers As Stock Market Cap Rises By N239.99bn

The Nigerian Exchange Limited (NGX) said the market capitalisation of the bourse increased by N239.99 billion on Thursday, April 17, to N65.49 trillion. According to data provided by the NGX, the stock

Prime Business Africa

April 17, 2025

Business·Top Stories

Sunu Assurances’ Investors End Q1 With N29bn Loss

Shareholders of Sunu Assurances were left without profit at the end of the first quarter (Q1) of 2025 after stock market investors snubbed the company’s shares amid bearish sentiments. Prime Business Africa’s

Prime Business Africa

April 17, 2025

Business·Currency·Markets

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

Victor Ezeja

April 17, 2025

Business·Oil & Gas

Dangote Refinery Further Reduces Petrol Price

Dangote Refinery has further reduced the ex-depot price of its Premium Motor Spirit (PMS), also known as petrol, to N835 from N865 per litre. This indicates a decrease of N30 in Dangote

Victor Ezeja

April 16, 2025

Business·Markets

Nigerians Spent N1.85 Trillion On Alcoholic, Non-alcoholic Drinks In 2024

In 12 months, Nigerians spent over N1.85 trillion on alcoholic and non-alcoholic drinks, according to an analysis of 2024 financials obtained from four brewing companies. The revenue generated by Guinness Nigeria, International

Prime Business Africa

April 16, 2025

Business·Oil & Gas

Ghana Poised For Energy Renaissance As EXPLORCO Targets Voltaian Basin

Ghana’s energy sector is on the cusp of a major breakthrough as EXPLORCO, the exploration arm of the Ghana National Petroleum Corporation (GNPC), prepares to drill its first exploration well in the

Prime Business Africa

April 16, 2025

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Business - Page 6

N43bn Shares Traded In Four Days As Stock Market Closes For Easter Celebration

NEM Insurance Posts N97.96bn Revenue, Net Income Up By 30%

AXA Mansard, NEM, Cornerstone… 10 Largest Insurance Companies In Nigeria

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

Abbey Mortgage Bank Leads Gainers As Stock Market Cap Rises By N239.99bn

Sunu Assurances’ Investors End Q1 With N29bn Loss

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

Dangote Refinery Further Reduces Petrol Price

Nigerians Spent N1.85 Trillion On Alcoholic, Non-alcoholic Drinks In 2024

Ghana Poised For Energy Renaissance As EXPLORCO Targets Voltaian Basin

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