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Business - Page 72

Interocean Expands Middle East Presence, Opens Regional Office in Dubai’s DMCC

International marine and energy solutions provider, Interocean Marine Services (Interocean), has officially launched a new regional office at the Dubai Multi Commodities Centre (DMCC), signaling a major expansion drive to strengthen its footprint across the Middle East’s energy and maritime sectors. The

November 5, 2025

Business

Transcorp Group’s Revenue Rises By 62% To ₦143.7bn In Q1

Transnational Corporation Plc (Transcorp), has released its unaudited financial results for the first quarter (Q1), ended 31 March 2025. The Transcorp Group recorded a 62 per cent growth in revenue from N88.5 billion in Q1 2024 to N143.7 billion in Q1 2025.

May 2, 2025

Business·FEATURES

₦10bn Aso Rock Solar Project: Why Nigerian Govt Lacks Transparency In Procurement Process

Reactions have continued to trail the decision of the Nigerian government to spend ₦10 billion on the installation of solar power in the Aso Rock Presidential Villa, Abuja. Justifying the decision, presidential spokesperson, Bayo Onanuga, posted a video of solar panel installation

May 2, 2025

Business·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st May 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 1st May 2025, is N1,610

May 1, 2025

Business·News

Nigerians Counter Report On Massive Drop In Price Of Rice

Nigerians have countered a report claiming that there is a significant drop in the cost of rice in various parts of the country in recent times. A report by S&P Global said the price of a 50kg bag of rice has dropped

May 1, 2025

Business·Top Stories

Shareholders Of Ecobank, Cadbury, Others Lose N81bn After Trading Hours

The equity capitalisation of the Nigerian stock market fell to N66.49 trillion on Wednesday, April 30, from N66.57 trillion recorded on Tuesday, April 29, losing N81.29 billion. Similarly, the all-share index (ASI) lost 130.33 basis points to decline from 105,931.18 ASI to

April 30, 2025

Business·Top Stories

Top Five Most Valuable Banks In Nigeria

The Guaranty Trust Holding Company (GTCO), Zenith Bank, United Bank for Africa (UBA), Access Holdings and First HoldCo are the top five most valuable banks in Nigeria. According to Prime Business Africa’s analysis, the banks, with a combined market capitalisation of N7.46

April 30, 2025

Business·Top Stories

MTN Nigeria Records N1trn Revenue In Three Months — After Raising Data Prices

MTN Nigeria’s total revenue hit N1.05 trillion in the first quarter (Q1) of 2025, surpassing the N752.98 billion recorded between January and March 2024 by 40.5 percent. In its unaudited financial results for the quarter ended March 31, 2025, data revenue accounted

April 30, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 30th April 2025

April 30, 2025

Business·Top Stories

Stock Market Plunges As MTN, Omatek Record Losses

Over N116.28 billion was wiped off the Nigerian stock market on Tuesday, April 29, following a decline in the value of shares of MTN Nigeria, Omatek and others. This reduced the market capitalisation of the Nigerian stock market from N66.69 trillion on

April 29, 2025

Business·Top Stories

GTCO, Wema Bank… Five Best-Performing Bank Stocks

At the end of the first quarter (Q1) of 2025, the market valuation of Nigerian banks appreciated by 6.24 percent, according to analysis by Prime Business Africa. The publication gathered that the market valuation increased to N11.22 trillion from N10.56 trillion between

April 29, 2025

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Business - Page 72

Interocean Expands Middle East Presence, Opens Regional Office in Dubai’s DMCC

Transcorp Group’s Revenue Rises By 62% To ₦143.7bn In Q1

₦10bn Aso Rock Solar Project: Why Nigerian Govt Lacks Transparency In Procurement Process

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

Nigerians Counter Report On Massive Drop In Price Of Rice

Shareholders Of Ecobank, Cadbury, Others Lose N81bn After Trading Hours

Top Five Most Valuable Banks In Nigeria

MTN Nigeria Records N1trn Revenue In Three Months — After Raising Data Prices

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 30th April 2025

Stock Market Plunges As MTN, Omatek Record Losses

GTCO, Wema Bank… Five Best-Performing Bank Stocks

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Interocean Expands Middle East Presence, Opens Regional Office in Dubai’s DMCC

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