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Top Stories - Page 50

Nigeria’s Inflation Moderates for Eighth Month, Hits 14.45% in November

Nigeria’s headline inflation rate eased further to 14.45 per cent in November 2025, marking the eighth consecutive month of moderation, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) on Monday, Prime Business Africa

December 15, 2025

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FG Assures One-Week Delivery for Passports After Application

The Federal Government has assured Nigerians that international passports will now be delivered within one week after application. Minister of Interior, Olubunmi Tunji-Ojo, disclosed this on Thursday, saying the reform is part of measures to end the delays and frustrations that have

August 29, 2025

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Outrage: Nigerians To Pay 100% More For International Passports

The Nigeria Immigration Service (NIS) has doubled the cost of international passports for Nigerians applying within the country, sparking widespread criticism and concern about accessibility. The new fees take effect from September 1, 2025. According to the revised rates, a 32-page passport

August 28, 2025

Business·Top Stories

NGX Sheds N437.54bn Despite Gains In SCOA, RT Briscoe

The Nigerian Exchange Limited (NGX), also known as the stock market, lost N437.54 billion on Thursday, August 28, after the all-share index (ASI) decreased by 691.52 basis points. NGX disclosed that the all-share index declined from 141,248.76 ASI on Wednesday, August 27,

August 28, 2025

Business·Top Stories

Neimeth Grows Revenue To N2.9bn, Records 710% Increase In Finance Costs

Between January and June 2025, Neimeth International Pharmaceuticals recorded N2.90 billion turnover, compared to the N1.65 billion revenue filed in the first half (H1) of 2025, indicating an increase of 76 percent. According to the company’s financial statements for H1 2025, Neimeth’s

August 28, 2025

Business·Top Stories

Profit Takers Milk Tinubu’s Insurance Law Effect, Wipe Off N198bn From Insurance Stocks

Since the stocks of insurance companies reached an all-time high on August 13, shareholders of insurance firms in the Nigerian Exchange Limited (NGX), also known as the stock market, have lost over N198.21 billion to profit takers. Prime Business Africa notes that

August 28, 2025

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NCDMB, Coppercrux Train South-South Youths on CNG Opportunities

The Nigerian Content Development and Monitoring Board (NCDMB), in collaboration) Coppercrux Limited, on Monday in Port Harcourt flagged off a five-day awareness and capacity-building workshop for youths in the South-South region on compressed natural gas (CNG) technologies and the associated value chains.

August 28, 2025

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Court Orders Forfeiture of N5bn Shares Linked to Ex-Army Properties MD

The Federal High Court in Lagos has ordered the final forfeiture of 245,568,137 shares, valued at over ₦5 billion, traced to retired Major General Umar Mohammed, former Group Managing Director of Nigerian Army Properties Limited (NAPL), and businessman Kayode Oladipupo Filani. Justice

August 27, 2025

Business·Top Stories

NGX Down By N120.87bn As Cornerstone, RT Briscoe Record Losses

Decline in shares of Cornerstone, RT Briscoe, other losers wiped off N120.87 billion from the Nigerian Exchange Limited (NGX), as the stock market capitalisation dropped to N89.37 trillion on Wednesday, August 27. The day before, the market capitalisation closed at N89.49 trillion.

August 27, 2025

Business·Top Stories

Beta Glass Reduces Impact Of Cost On Revenue As Turnover Rises 63.37%

Beta Glass closed the first half (H1) of 2025 with N78.23 billion revenue, exceeding the N47.88 billion grossed in H1 2024, representing an increase of 63.37 percent. This is according to the glass container manufacturer’s unaudited interim financial statements for the six

August 27, 2025

Business·Top Stories

Nigerian Paint Billionaires Have Gained N17.10bn In Eight Months

In the last eight months, the majority shareholders of the three paint manufacturers listed on the Nigerian Exchange Limited (NGX), also known as the stock market, have recorded a combined gain of N17.10 billion. Prime Business Africa understands that the three majority

August 27, 2025

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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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Top Stories - Page 50

Nigeria’s Inflation Moderates for Eighth Month, Hits 14.45% in November

FG Assures One-Week Delivery for Passports After Application

Outrage: Nigerians To Pay 100% More For International Passports

NGX Sheds N437.54bn Despite Gains In SCOA, RT Briscoe

Neimeth Grows Revenue To N2.9bn, Records 710% Increase In Finance Costs

Profit Takers Milk Tinubu’s Insurance Law Effect, Wipe Off N198bn From Insurance Stocks

NCDMB, Coppercrux Train South-South Youths on CNG Opportunities

Court Orders Forfeiture of N5bn Shares Linked to Ex-Army Properties MD

NGX Down By N120.87bn As Cornerstone, RT Briscoe Record Losses

Beta Glass Reduces Impact Of Cost On Revenue As Turnover Rises 63.37%

Nigerian Paint Billionaires Have Gained N17.10bn In Eight Months

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Nigeria’s Inflation Moderates for Eighth Month, Hits 14.45% in November

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Nigeria’s Inflation Moderates for Eighth Month, Hits 14.45% in November

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