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Business - Page 8

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

Nigeria's Economic Independence Struggle: The Foreign Telecom Giants, Naira's Dilemma

Business·Top Stories

MTN Attracted More NGX Investors Than Airtel, Legend Internet In Q3 2025

MTN Nigeria closed the third quarter of 2025 as the most sought-after telecommunications stock on the Nigerian Exchange (NGX) Limited, also known as the stock market, according to Prime Business Africa’s analysis. Equity investors snubbed MTN’s market rivals like Legend Internet and

November 27, 2025

Business·News·World News

 UK Budget “Disincentivises Saving and Investing,” Warns deVere Group CEO

Nigel Green, chief executive of deVere Group, one of the world’s largest independent financial‑advisory firms, has described Chancellor Rachel Reeves’ recent Budget as a “masterclass in disincentivising saving and investing.” The criticism follows the government’s announcement that tax rates on interest, rental

November 27, 2025

Business·Climate Change & Sustainability·News

SpurrEnergy Expands to Partner Ghana’s 200 MW Norbert Anku Solar Project

SgurrEnergy, a global renewable energy engineering consultancy is strengthening its presence in West Africa with its emergence as the lead technical consultant for Ghana’s 200 MW Norbert Anku Solar Project. The appointment adds to SgurrEnergy’s growing African portfolio, where it has already

November 27, 2025

FX Market: Naira Opens Week With Decline

Business

Naira Appreciates Against Dollar To N1,474.9/$ In Parallel Market

The dollar rate dropped by N5.1 kobo or 0.34 percent on Wednesday, November 26, after the naira appreciated against the United States currency in the parallel market. The dollar exchanged at N1,474.9/$ in the black market, compared to the N1,480 the greenback

November 26, 2025

NGX Market Cap Sheds N197.31bn As International Breweries, Cornerstone Record Losses

Business

Equity Investors Trade N35.53bn Shares On NGX, AIICO Tops Gainers’ List

The market capitalisation of the Nigerian Exchange (NGX) Limited closed at N90.99 trillion on Wednesday, November 26. Also, the all-share index (ASI) settled at 143,064.57 ASI, while equity traders exchanged 738.35 million shares in 19,919 deals, worth N35.53 billion. Top five gainers

November 26, 2025

Wema Bank In Search Of N25 billion, Target Private Investors

Business

Wema Bank Grows Profit By 141.59% To N127.40bn

Wema Bank closed the period between the first quarter (Q1) and third quarter (Q3) with N458.50 billion gross earnings, compared to the N289.11 billion reached in the same period in 2024. According to the company’s consolidated and separate financial statements for the

November 26, 2025

Business·Currency·Markets

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, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian naira (NGN) in the parallel market, also known as the black market, as of today, is ₦1,468 for

November 26, 2025

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

Business

Dollar Rate Increases In Parallel Market, Drops In Official Window

The dollar strengthened by 0.34 percent against the naira on Tuesday, November 25, as the foreign exchange (FX) rate increased to N1,480/$ in the parallel market. On Monday, November 24, the greenback had traded for N1,474.9 kobo/$, indicating the cost of buying

November 25, 2025

CBN Further Raises Benchmark Interest Rate To 27.25%

Business·Markets

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

The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has retained the monetary policy rate (MPR), the benchmark for interest rate, at N27 percent. Key Decisions: At the end of the 303rd MPC meeting held on November 24th &

November 25, 2025

UBA FY 2024: Profit Rises To ₦766.6 billion, Declares N3.00 Kobo Final Dividend

Business

UBA’s Pretax Profit Declines After 77% Drop In Net FX Income

In the first nine months (9m) of 2025, United Bank for Africa (UBA) grew its gross earnings by 2.95 percent to N2.46 trillion, surpassing the N2.39 billion generated in the same period in 2024. According to the company’s interim unaudited consolidated financial

November 25, 2025

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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 8

Exchange Rates For Dollar Increase Across Parallel, Official Markets

MTN Attracted More NGX Investors Than Airtel, Legend Internet In Q3 2025

UK Budget “Disincentivises Saving and Investing,” Warns deVere Group CEO

SpurrEnergy Expands to Partner Ghana’s 200 MW Norbert Anku Solar Project

Naira Appreciates Against Dollar To N1,474.9/$ In Parallel Market

Equity Investors Trade N35.53bn Shares On NGX, AIICO Tops Gainers’ List

Wema Bank Grows Profit By 141.59% To N127.40bn

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

Dollar Rate Increases In Parallel Market, Drops In Official Window

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

UBA’s Pretax Profit Declines After 77% Drop In Net FX Income

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Business - Page 8

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