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News - Page 473

Presidential Committee Proposes Tax On Unofficial Forex Transactions

Nigeria’s Fuel Relief Plan Faces Fiscal, Regulatory Tests

October 9, 2026

Nigeria is seeking to ease petrol-price pressures through a 30-day discount at state-owned Nigerian National Petroleum Company (NNPC) retail stations and a proposed ceiling of ₦1,350 per litre on fuel supply costs,

US Kicks Off $22m Project To Improve Cocoa Value Chain In Nigeria

Africa·Agro-Economy·Business News·Top Stories

Ghana Cocoa Regulator Raises $288 Million in Domestic Debt to Fund Purchases

October 8, 2026

Ghana’s cocoa regulator has raised 3.39 billion cedis ($288.02 million) from a short-term domestic debt sale, giving it additional liquidity to finance cocoa purchases from farmers during the 2026/27 season. The commercial

Tips For Growing Your Small Business Successfully In 2025

Business News·News

Tips For Growing Small Business Successfully In 2025

Starting and growing a small business in today’s world is no easy feat, but with the right approach and mindset, you can thrive. In 2025, the landscape for small businesses is continuously evolving, and success will depend on a few key strategies.

January 7, 2025

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business News·Markets·News

Nigerian Stock Market Rises By 0.06% As Wema Bank, HonyFlour, Others Lead Key Gainers

The Nigerian stock market demonstrated remarkable resilience on January 6, 2025, as the All-Share Index (ASI) gained 61.91 points, closing at 103,648.24 points. This represented a 0.06% increase from the previous day’s close of 103,586.33. Despite the modest gain, the market showed

January 7, 2025

Tax Reform: Lower Corporate Taxes To 19%, VAT To 7.5%, NACCIMA Urges Tinubu

Business News·News

Lower Corporate Taxes To 19%, VAT 7.5%, NACCIMA Urges Tinubu

Dele Kelvin Oye, the National President of the National Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), has urged the Tinubu administration to adopt significant tax reform measures. In a statement signed personally by Oye, he called for a reduction

January 6, 2025

NGX Set To Lose N60bn As MRS Oil Nigeria Plc Plans To Delist Shares

Business News·Markets·News

Stock Market: Conoil, International Breweries, Oando, Transcorp Power Join NGX 30 League

Conoil Plc, International Breweries Plc, Oando Plc, and Transcorp Power Plc have been added to the NGX 30 Index of the stock market, replacing Guinness Nigeria Plc, Sterling Holding Company Plc, Total Nigeria Plc, and Flour Mills Nigeria Plc. This change took

January 6, 2025

News·Real Estate

What Is The Cost Of House Rent In Lagos Mainland Like?

Are you in Lagos or planning to relocate here and want to rent a house on the Mainland but need help figuring out what to expect regarding rent prices? No worries, Prime Business Africa has got you covered. We recently analysed some

January 6, 2025

Lagos Police To Restrict Movement On Saturday For LG Elections

News

Assailants Kill Native Doctor’s 3 Children In Anambra

The Anambra State Police Command has initiated a manhunt for the perpetrators responsible for the gruesome murder of three children in Nise, Awka South Local Government Area. The children, belonging to a native doctor, were killed at their home and their bodies

January 6, 2025

2024 Hardest Year f my life, How I lost $3.7m in forex, Says Mark Angel

Entertainment·News

2024 Hardest Year Of My life, lost $3.7m In Forex, Says Mark Angel

Popular Nigerian content creator, Mark Angel, has shared a heartfelt account of his tumultuous journey through 2024, a year he describes as the hardest of his life. In a candid Instagram post, he revealed losing $3.7 million in forex trading, a financial

January 6, 2025

Business News·News·Oil & Gas

Why Crude-for-Loan Deals Could Tie Nigeria’s Oil Production Until 2029

The Nigerian National Petroleum Company Limited (NNPCL) may continue servicing its crude-for-loan obligations until 2029 due to rising domestic demand for oil from local refineries. As Nigeria’s refining capacity expands, particularly with the Port Harcourt and Warri refineries coming online and the

January 6, 2025

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

Business News·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, January 6th, 2025

What is the Dollar to Naira Exchange rate at 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, especially the Aboki Fx as

January 6, 2025

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business News·Markets·News

Stock Market On Positive Start, Gains N1.25trn

The Nigerian Exchange (NGX) experienced a remarkable surge in the first week of 2025, gaining N1.25 trillion. The All-Share Index rose by 1.42%, closing at 103,586.33 points, while the Market Capitalisation increased by 2.02% to N63.166 trillion. This performance marks a positive

January 6, 2025

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Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Iran Conflict Pushes South African Fuel Prices Sharply Higher

South Africa will raise petrol prices by more than 11%

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

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News - Page 473

Nigeria’s Fuel Relief Plan Faces Fiscal, Regulatory Tests

Ghana Cocoa Regulator Raises $288 Million in Domestic Debt to Fund Purchases

Tips For Growing Small Business Successfully In 2025

Nigerian Stock Market Rises By 0.06% As Wema Bank, HonyFlour, Others Lead Key Gainers

Lower Corporate Taxes To 19%, VAT 7.5%, NACCIMA Urges Tinubu

Stock Market: Conoil, International Breweries, Oando, Transcorp Power Join NGX 30 League

What Is The Cost Of House Rent In Lagos Mainland Like?

Assailants Kill Native Doctor’s 3 Children In Anambra

2024 Hardest Year Of My life, lost $3.7m In Forex, Says Mark Angel

Why Crude-for-Loan Deals Could Tie Nigeria’s Oil Production Until 2029

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, January 6th, 2025

Stock Market On Positive Start, Gains N1.25trn

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Nigeria’s Fuel Relief Plan Faces Fiscal, Regulatory Tests

Ghana Cocoa Regulator Raises $288 Million in Domestic Debt to Fund Purchases

Air Peace Adds Embraer 190 as Fleet Expansion Continues

Army turns Old Oyo National Park into Training Ground after Abductions

Iran Conflict Pushes South African Fuel Prices Sharply Higher

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Nigeria’s Fuel Relief Plan Faces Fiscal, Regulatory Tests

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