Business - Page 69

Inflation: How Rising Food Prices Are Forcing Nigerians To Choose Between Meals Or Survival

Food prices in Nigeria have reached alarming heights, leaving many citizens struggling to afford basic meals. According to the latest report from the National Bureau of Statistics (NBS), the country’s headline inflation

Emmanuel Ochayi

December 18, 2024

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·Markets·News

Nigerian Stock Market Hits 100,000 Points As Buyers Drive Key Gains

The Nigerian Stock Market witnessed a significant milestone on Tuesday as the benchmark performance index crossed the 100,000-point mark. This was driven by increased buying activity on the Nigerian Exchange Limited (NGX)

Emmanuel Ochayi

December 18, 2024

Business

CBN Imposes N1.2m Daily Cash Transaction Limit On PoS Agents

In its quest to deepen implementation of cashless policy, the Central Bank of Nigeria (CBN) has set a daily transaction limit of N1.2 million for Point of Sales (PoS) agents across the

Victor Ezeja

December 18, 2024

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

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 18th December 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market

Victor Ezeja

December 18, 2024

Business·News

Why Nigerian Banks, Others Will Face Turbulent 2025 – Fitch Ratings Predicts

Fitch Ratings has predicted a difficult operating environment for Nigerian banks in 2025, citing multiple domestic and global challenges. This projection was highlighted in its African Banks Outlook 2025 report, which outlines

Emmanuel Ochayi

December 17, 2024

Africa·Business·News

AfDB Urges Action As Nigeria, African Nations Face $74bn Debt Burden

African countries, including Nigeria, will require around $74 billion to service their debts in 2024, according to the Vice President and Chief Economist of the African Development Bank (AfDB), Prof. Kevin Urama.

Emmanuel Ochayi

December 17, 2024

Business·FEATURES·News

No Merry Christmas: How Nigeria’s Inflation Rate Is Stealing Festive Joy

Nigerians are facing a bleak festive season as the inflation rate hits 34.60% in November 2024, the highest in 28 years. This surge has sparked concerns over how families will cope with

Emmanuel Ochayi

December 17, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 17th December 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market

Victor Ezeja

December 17, 2024

NGX Set To Lose N60bn As MRS Oil Nigeria Plc Plans To Delist Shares

Business·Markets·News

Stock Market Rises By 0.55% As Santa Claus Rally Continues, Investors See Fresh Gains

Nigeria’s stock market recorded a 0.55% increase at the close of trading on Monday, continuing the annual Santa Claus rally on the Nigerian Exchange Limited (NGX). This follows last week’s 1.19% rise,

Emmanuel Ochayi

December 17, 2024

What Govt Should Do To Rein In Inflation

Business·Finance & Economy·News

Inflation Hits 28-Year High Of 34.6% On Food, Energy Costs

Nigeria’s headline inflation rate hit 34.60 per cent in November 2024. This indicates an increase of 0.72 per cent points compared to the October 2024 inflation rate which was 33.88 per cent.

Victor Ezeja

December 16, 2024

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Business - Page 69

Inflation: How Rising Food Prices Are Forcing Nigerians To Choose Between Meals Or Survival

Nigerian Stock Market Hits 100,000 Points As Buyers Drive Key Gains

CBN Imposes N1.2m Daily Cash Transaction Limit On PoS Agents

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 18th December 2024

Why Nigerian Banks, Others Will Face Turbulent 2025 – Fitch Ratings Predicts

AfDB Urges Action As Nigeria, African Nations Face $74bn Debt Burden

No Merry Christmas: How Nigeria’s Inflation Rate Is Stealing Festive Joy

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 17th December 2024

Stock Market Rises By 0.55% As Santa Claus Rally Continues, Investors See Fresh Gains

Inflation Hits 28-Year High Of 34.6% On Food, Energy Costs

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