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Finance & Economy - Page 324

Economy: Don’t Suffocate Businesses, CPPE Warns Regulatory Agencies

Nigeria’s Economy Stabilises in 2025; Non-Oil Sectors Set to Drive Growth in 2026 – CPPE

Nigeria’s macroeconomic environment stabilised in 2025, setting the stage for stronger business activity and private-sector-led growth in 2026, according to the Centre for the Promotion of Private Enterprise (CPPE), Prime Business Africa reports. In its Review of the Nigerian Economy in 2025

December 31, 2025

News·Oil & Gas

Nigeria’s External Reserves Decline By $180m In Two Weeks

Nigeria’s external reserves lost $180m in two weeks, the latest figures from the Central Bank of Nigeria indicates. The figure which stood at $33.28bn on July 1, has dropped to $33.09bn as at July 12 before a slight rise to $33.1 bn

July 19, 2021

Agro-Economy·News

Kebbi Acquires N1.7bn Loan For Livestock

Kebbi State Government says it has secured a N1.7 billion loan to improve livestock production and other forms of animal husbandry in the state. The state Governor, Alhaji Atiku Bagudu, stated this at the continuing Fulani stakeholders’ peace, security and unity meeting

July 19, 2021

Finance & Economy

NGX, Greenwich Securities, Africa Prudential Collaborate On Retail Investor Workshop

Nigerian Exchange (NGX) Limited, on Wednesday, hosted a Retail Investor Workshop to promote investor education. The webinar which was hosted in collaboration with Greenwich Securities Limited and Africa Prudential Plc was themed, Realizing Income from Your Investments, Dividends to Coupons and Everything

July 17, 2021

Finance & Economy·News

Morgan Capital Securities Leads Top 10 Brokers By Volume On NGX

Morgan Capital Securities Limited led the top ten brokers by volume according to the Nigerian Exchange Group‘s weekly broker performance report. The report covering between 12/07/2021 and 16/07/2021, shows that Morgan Capital Securities Limited traded 223,938,070 units accounting for 11.10% of the

July 16, 2021

News·Oil & Gas

AUSTIN AVURU: No Panic Button, Oil Will Still Be Relevant In 30 Years

In the most aggressive transition to sustainable energy away from fossil fuels by 2050, oil and gas will (still) be contributing 35% to the energy mix PRIME Business Africa’s correspondents VICTOR EZEJA and DONATUS ACHIKWUBE capture Austin Avuru, former CEO of

July 16, 2021

Finance & Economy·News

Entrepreneur Hails Women Leading Top Nigerian Banks

Sonola Ademide Adeoye, an entrepreneur and owner of Mide Interiors, has hailed women heading some of the top Nigerian banks, saying it is a great feat that deserves commendations. The Lagos-based business woman said women particularly have been climbing their way to

July 16, 2021

Finance & Economy·News

Nigeria, Others Must Take China’s Warning On Economic Headwinds Seriously, Says Otobo

For African countries, especially Nigeria, the transmission channel for weak China economic growth will be reduced trade volumes and low investments. Ejeviome Eloho Otobo, a Non-Resident Senior Fellow at the Global Governance Institute, Brussels, raised this concern in a chat with Prime

July 16, 2021

Finance & Economy·News

Naira To Trade At N439.13/$ In 12 Months

NAIRA is expected to trade at N439.13/$ about a year, data from FMQB OTC foreign exchange (FX) Futures suggested. According to the data analyzed by Prime Business Africa, contracts valued at $19.37 million are open for July 27, 2022, to be settled

July 16, 2021

Finance & Economy

Stock Market: SOVRENINS, FTNCOCOA Top Equities Gainers Chart

SOVRENINS and FTNCOCOA ended as top two gainers of equities on the Nigerian Exchange Group NGX, on Thursday July 15, 2021. To top the chart today, SOVRENINS closed with N0.33 as against N0.30 on Wednesday, gaining N0.03 which was a change of

July 15, 2021

Finance & Economy·News

Senate Approves President Buhari’s Request For $8.325m, €490m External Loans

The Senate on Thursday approved yet another of President Muhammadu Buhari’s requests for ongoing external loans to the tune of $8,325,526,537 (USD) and €490,000,000 (Euros) under the 2018-2020 External Borrowing (Rolling) Plan. The approval followed the consideration of a report on the

July 15, 2021

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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

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

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Finance & Economy - Page 324

Nigeria’s Economy Stabilises in 2025; Non-Oil Sectors Set to Drive Growth in 2026 – CPPE

Nigeria’s External Reserves Decline By $180m In Two Weeks

Kebbi Acquires N1.7bn Loan For Livestock

NGX, Greenwich Securities, Africa Prudential Collaborate On Retail Investor Workshop

Morgan Capital Securities Leads Top 10 Brokers By Volume On NGX

AUSTIN AVURU: No Panic Button, Oil Will Still Be Relevant In 30 Years

Entrepreneur Hails Women Leading Top Nigerian Banks

Nigeria, Others Must Take China’s Warning On Economic Headwinds Seriously, Says Otobo

Naira To Trade At N439.13/$ In 12 Months

Stock Market: SOVRENINS, FTNCOCOA Top Equities Gainers Chart

Senate Approves President Buhari’s Request For $8.325m, €490m External Loans

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