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Business - Page 619

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Exchange Rates For Dollar Increase Across Parallel, Official Markets

In the black market on Thursday, December 18, the naira depreciated against the United States dollar (USD) by 0.13 percent to N1,489.01/$1, from the N1,487.01/$1 reported on Wednesday, December 17. According to Naira Rates data, while the foreign exchange (FX) rate for

December 18, 2025

Naira Opens Week With Gain Across FX Markets

Business·Currency

Dollar To Naira Exchange Rate: Dollar Rate Falls In Black Market After Independence Day

August 4, 2022 Dollar Rates Update: The cost of buying the United States dollar was down on Tuesday in the black market after the Independence Day holiday on Monday, but the scarcity of the American currency continues to fuel the value above

October 4, 2022

AMA News·Business

Fintechs, Investors and Regulators Gather in Cape Town for the 8th Edition of Africa Fintech Summit

WASHINGTON DC, United States of America, 4 October 2022, /African Media Agency/- Fintech stakeholders from across Africa and the world will converge in Cape Town, South Africa, for the 8th Africa Fintech Summit, from November 2-4, 2022. The prestigious conference billed as

October 4, 2022

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business·News

Femi Otedola’s Geregu Power Plant To Go Public At N100 Per Share

Femi Otedola is reportedly set to list his electricity generation company, Geregu Power Plc, on the Nigerian Exchange (NGX), to allow the public become part owners by buying the company’s shares. Otedola had acquired Geregu Power Plant after the Federal Government during

October 3, 2022

AMA News·Business

Strong growth in SA extends Talk360 seed funding to $7m

Pictured from left to right: Hans Osnabrugge, Jorne Schamp and Dean Hiine. JOHANNESBURG, South Africa, 3 October 2022 -/African Media Agency(AMA)/- International calling app Talk360, which enables people around the world to make reliable and affordable calls to any landline or mobile phone

October 3, 2022

Business·Currency

Nigeria’s Foreign Reserves Drop $2.20 billion, Increases Forex Problem

As at September 29, 2022, Nigeria’s foreign reserves fell to $38.318 billion, further compounding the scarcity of foreign exchange in the country’s official forex market. In the last Monetary Policy Meeting (MPR) in August, the governor of the Central Bank of Nigeria

October 3, 2022

AMA News·Business

Bybit Launchpool Lists The Angola Project Governance Token AGLA

TORTOLA, British Virgin Islands, 28 September 2022 -/African Media Agency(AMA)/- Bybit, the world’s third most visited crypto exchange, is listing AGLA, the utility token of the Angola Project, on the Bybit Launchpool. The Angola Project is a social NFT system built upon the blockchain-based

October 3, 2022

Business

Budget Office Says Buhari’s Administration Wasting Resources

The Director General of the Budget Office of the Federation, Ben Akabueze, said President Muhammadu Buhari’s administration is wasting the country’s limited resources, and it needs to stop. Akabueze stated that the wastage needs to be cut, and the administration should prioritise

October 3, 2022

Fidelity Bank In Need Of Money, Reveals Amount Company Needs To Run Operation

Business·News

Fidelity Bank Seeks More Money For Operations, Moves To Recapitalize

The shareholders of Fidelity Bank have approved the management’s request to raise new capital through private placement, which will bring in new investors into the company, and enable the firm have liquidity to maintain operation. Fidelity Bank had requested that 3,037,414,308 unissued

October 3, 2022

5 Colonial Nigeria Companies Standing Strong After 188 Years, Hit N741.15 Billion

Business·Insights

5 Colonial Nigeria Companies After 189 Years- First Bank, Union Bank, May & Baker, Others

First Bank of Nigeria Plc, May & Baker, Union Bank, Unilever and Flour Mills of Nigeria are 5 colonial Nigeria companies still thriving today. In today’s market evaluation, these companies are worth over N741.15 billion. Prime Business Africa (PBA) brings you update

September 30, 2022

Peter Obi crypto artwork by AnagbadoChuma Twitter

Business

New Cryptocurrency Created For Peter Obi, To Get Paid From Ethereum Artwork

Nigerian artist, Chuma Anagbado, has vowed to hand over 99 per cent of his earnings from a cryptocurrency sale to the Presidential candidate of the Labour Party in the forthcoming 2023 elections, Peter Obi. Anagbado created a portrait of Obi, which he

September 30, 2022

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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

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

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Business - Page 619

Exchange Rates For Dollar Increase Across Parallel, Official Markets

Dollar To Naira Exchange Rate: Dollar Rate Falls In Black Market After Independence Day

Fintechs, Investors and Regulators Gather in Cape Town for the 8th Edition of Africa Fintech Summit

Femi Otedola’s Geregu Power Plant To Go Public At N100 Per Share

Strong growth in SA extends Talk360 seed funding to $7m

Nigeria’s Foreign Reserves Drop $2.20 billion, Increases Forex Problem

Bybit Launchpool Lists The Angola Project Governance Token AGLA

Budget Office Says Buhari’s Administration Wasting Resources

Fidelity Bank Seeks More Money For Operations, Moves To Recapitalize

5 Colonial Nigeria Companies After 189 Years- First Bank, Union Bank, May & Baker, Others

New Cryptocurrency Created For Peter Obi, To Get Paid From Ethereum Artwork

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Exchange Rates For Dollar Increase Across Parallel, Official Markets

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Exchange Rates For Dollar Increase Across Parallel, Official Markets

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Business - Page 619

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