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Business - Page 733

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 9th September 2025

Traders Exchange Dollar At N1,424/$, N1,477/$ In Official, Black Markets

On Friday, January 9, the United States dollar (USD) appreciated in value by 0.24 percent as the rate in the Nigerian foreign exchange market (NFEM) increased by N3.5 kobo. In the NFEM, also known as the official window, the exchange rate for

January 9, 2026

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

Business

Nigeria Records $10.1b Investment Announcement – Minister

Otunba Adeniyi Adebayo, Minister of Trade and Industry, has disclosed that Nigeria’s economy recorded $10.1billiom investment announcement which was a-100 per cent increase over that of last year. Adebayo made this known at Lagos International Trade Fair, held at the Tafawa Balewa Square,

November 8, 2021

Business

Pensioners Asked to Allow Operators to Manage 75% of Retirees’ Balance

Pensioners have been asked to support pension managers and allow them to manage the remaining 75 per cent of their Retirement Savings Accounts when they retire in order to guarantee them regular monthly payments. The Managing Director/Chief Executive Officer, IEI Anchor Pensions

November 8, 2021

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Recapitalisation: UBA Extends Deadline For Rights Issue

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

United Bank for Africa (UBA) has successfully concluded its rights

GivTrade Secures UAE SCA Category 5 Licence

GivTrade, an international multi-asset brokerage providing access to global markets

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

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Business - Page 733

Traders Exchange Dollar At N1,424/$, N1,477/$ In Official, Black Markets

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

Nigeria Records $10.1b Investment Announcement – Minister

Pensioners Asked to Allow Operators to Manage 75% of Retirees’ Balance

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Traders Exchange Dollar At N1,424/$, N1,477/$ In Official, Black Markets

KPMG Highlights Critical Flaws, Oversights in Nigeria’s 2026 Tax Reforms

NGX Market Cap Up By N953.69bn To N103.77trn

Aliko Dangote Made N2.28trn From Nigerian Stock Market In 2025

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

GivTrade Secures UAE SCA Category 5 Licence

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

Dollar Trades Flat In Black Market, Appreciates In Official Window

Traders Exchange Dollar At N1,424/$, N1,477/$ In Official, Black Markets

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Business - Page 733

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