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Business - Page 720

Aliko Dangote, Abdulsamad Rabiu Loses $5.85 billion To Naira Devaluation

Abdul Samad Rabiu Outearned Aliko Dangote By N670bn In Q3 2025

Abdul Samad Rabiu, the founder and chairman of BUA Cement, outearned his market rival, Aliko Dangote, the founder and chairman of Dangote Cement, by N670.28 billion in the third quarter (Q3) of 2025. According to Prime Business Africa’s analysis, BUA Cement’s share

December 4, 2025

Business

NBS: 36 States, FCT Recorded N849bn Revenue In 1H 2021

The 36 states and the federal capital territory (FCT), according to the National Bureau of Statistics (NBS‘) latest report, recorded N849.12 billion in Internally Generated Revenue (IGR) in the first half of 2021. The figure represented a 39 per cent increase year-on-year

November 10, 2021

Business

MTN, Airtel Lead Top Five Stocks As Investors Gain N252.41bn

MTN Nigeria Communications Plc and Airtel Africa Plc drove the top five stocks by value at the end of trading on the floor of the Nigerian Exchange Limited on Tuesday, with investors gaining N252.41bn. The NGX All-Share Index recorded a 1.12 per

November 10, 2021

Expert Predicts Bitcoin Hitting $180,000 By End Of 2025, Urges Nigeria To Build Crypto Reserve

Business

Bitcoin Price Skyrockets To Record High Of More Than $68,000

Bitcoin, the world’s largest cryptocurrency by market capitalisation, has skyrocketed to a fresh record high of $68,000. Primebusiness.africa gathered that the price of the cryptocurrency traded 4.1 percent higher on Tuesday afternoon, reaching $68,013 by 3:41 p.m., according to data obtained from

November 9, 2021

Business

Ikoyi Building Collapse: How Developer Ignored Instruction To Insure Property

Reports claimed that Femi Osibona, the deceased developer of the 21-storey building that collapsed on Gerrard Road, in Ikoyi area of Lagos, ignored a directive by the Lagos State Physical Planning Permit Authority (LAPPPA) to insure the structure. PrimeBusiness.africa gathered that the

November 9, 2021

Business

Stock Market Begins On Positive Note As Investors Gain N643bn In One Day

The Nigerian stock market started the week on a positive note as investors gained N643.14bn at the end of trading on Monday, November 8. The All-Share Index of the Nigerian Exchange Limited rose by 2.93 per cent to 43,246.87 basis points from

November 9, 2021

Nigerian Gov’t Spends N96 Out Of Every N100 To Pay Debt - World Bank Says, Reveals Impact

Business

Moving Goods Locally In Nigeria Over 500% Costlier Than US – World Bank

The World Bank has disclosed that it costs more to move goods locally in Nigerian than in the United States of America, stating that the cost of moving goods (per unit distance) domestically in Nigeria is about 5.3 times higher than in

November 9, 2021

Business

Nigeria’s Private Sector Borrowing Rises to N33.8 Trillion – Report

Reports claim that Nigeria’s private sector’s borrowing had risen to N33.8 trillion as of September 2021, making it the highest of all times. The data contained in the Central Bank’s money and credit statistics showed that there was a rise in borrowing

November 8, 2021

Business

Private sector activity continues to expand but intense cost pressures weigh on growth – Stanbic IBTC MPI report

Nigeria’s private sector concluded the third quarter of 2021 with a modest expansion in business conditions. Quicker uplifts were seen in new orders, employment and stocks of purchases, but output growth moderated for the second month running. Nevertheless, optimism improved to a

November 8, 2021

Business

Stock market closes on negative note as investors take profits in banking

The Nigerian Stock Market last week closed on a negative note as investors took profits in oil and gas, banking and consumer goods stocks. Primebusiness.africa can report that the market incurred losses of a sum of N12.58bn. The All-Share Index of the

November 8, 2021

AMA News·Business

Agri Resources Group – Promoting sustainable agriculture as a response to the global pandemic

LONDON, UK, November 8, 2021 -/African Media Agency(AMA)/- As we approach the two-year mark since the beginning of the global pandemic, many from the public and private sector are coming together with the common goal to “Build Back Better” for a more resilient economy.

November 8, 2021

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SEC Orders Full Registration of Tradable Instruments by January 2026

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

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

What is the dollar-to-naira exchange rate on the black market,

CBN Further Raises Benchmark Interest Rate To 27.25%

CBN Holds Interest Rate At 27% — Fourth Time In 2025

The monetary policy committee (MPC) of the Central Bank of

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Business - Page 720

Abdul Samad Rabiu Outearned Aliko Dangote By N670bn In Q3 2025

NBS: 36 States, FCT Recorded N849bn Revenue In 1H 2021

MTN, Airtel Lead Top Five Stocks As Investors Gain N252.41bn

Bitcoin Price Skyrockets To Record High Of More Than $68,000

Ikoyi Building Collapse: How Developer Ignored Instruction To Insure Property

Stock Market Begins On Positive Note As Investors Gain N643bn In One Day

Moving Goods Locally In Nigeria Over 500% Costlier Than US – World Bank

Nigeria’s Private Sector Borrowing Rises to N33.8 Trillion – Report

Private sector activity continues to expand but intense cost pressures weigh on growth – Stanbic IBTC MPI report

Stock market closes on negative note as investors take profits in banking

Agri Resources Group – Promoting sustainable agriculture as a response to the global pandemic

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