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Latest news on business in Nigeria - Page 11

BVN Registration Hits 59.9 Million As CBN Deadline Approaches

Latest data released by the Nigeria Inter-Bank Settlement System (NIBSS) revealed a surge in Bank Verification Number (BVN) registrations, reaching 59.9 million as of December 18, 2023

December 22, 2023

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business·News

Naira Slumps To N861.91/$1 In Official Market, As Expert Seeks Robust Economic Reforms

Nigerian Naira witnessed a 0.85% decline, closing at N861.91/$1 at the official market on Thursday, revealing an ongoing economic challenge.

December 22, 2023

Foreign Investors Capitalize On Nigeria’s Manufacturing Potential - Expert

Business

Investment In Nigerian Manufacturing Sector Drops By N368bn In 8 Years – Report

Economic reports from the Manufacturers Association of Nigeria (MAN) reveal a downturn in investments within Nigeria's manufacturing sector, plummeting by N367.79 billion between 2014 and 2022.

December 22, 2023

6 Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year

Business·Markets

NGX: Market Hits 74,000 Mark As ASI Appreciates By 1.28%

NGX soared past the monumental 74,000 mark, showcasing 1.21% surge in the All-Share Index, closing at 74,289.02 points.

December 22, 2023

Business·Markets·News

NGX 2023: 3 New Listings Propel N179bn Surge In Market Cap

In a robust year for the Nigerian Exchange Limited (NGX), the addition of three new equities has played a role, contributing N179 billion to the exchange’s market capitalization. This surge marks a moment, with the NGX achieving its best performance since 2020,

December 16, 2023

Naira To Sustain Depreciation In 2024 - Analysis Reveals

Business·News

Cash Scarcity: CBN Blames Hoarding, Says N3.4trn In Circulation, Surpassing Pre-redesign Level

Amidst reports of cash scarcity in major Nigerian cities, the Central Bank of Nigeria (CBN) announced a surge in currency in circulation (CIC), reaching a record high of N3.4 trillion by December 11, 2023. This surge, marking a 13.71% increase from October

December 14, 2023

EFCC's Invasion Of Dangote Group Office May Scare Away Potential Foreign Investors - MAN DG

Business

GSK, P&G Exit: Nigerians Should Worry More About Impact Of Heavy Import On Economy – MAN DG

As reactions trail the recent decision of some foreign companies to stop production in Nigeria and resort to import, there are concerns that it would have a more long-term impact on the economy.

December 11, 2023

The Alternative Bank, AltMall Offers Customers Exclusive Seasonal Product

Business·News

The Alternative Bank’s AltMall Offers Customers Exclusive Seasonal Product

As the festive season approaches, The Alternative Bank has announced an offer of a cutting-edge financial product that aims to improve the holiday season for customers. This Alternative Bank’s AltMall, allows customers to instantly acquire desired items and pay in manageable instalments,

December 7, 2023

Business·News

Like GSK, P&G Set To Stop Operations In Nigeria

Procter & Gamble, a major consumer products company, has disclosed plans to close its ground operations in Nigeria and begin to import products into the country’s market. This was said by the company’s Chief Financial Officer, Andre Schulten, in a speech at

December 6, 2023

Nigeria's Wheat Imports Witness a Decline, Minister Foresees End To Imports In Upcoming Years

Business·News

Nigeria’s Wheat Imports Decline, Minister Foresees End To Imports

Nigeria, grappling with an import bill of around N970.22 billion on wheat in the last year, has seen a notable decline in figures according to the National Bureau of Statistics’ foreign trade report. Minister of Agriculture Abubakar Kyari says he anticipates a

December 6, 2023

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Latest news on business in Nigeria - Page 11

BVN Registration Hits 59.9 Million As CBN Deadline Approaches

Naira Slumps To N861.91/$1 In Official Market, As Expert Seeks Robust Economic Reforms

Investment In Nigerian Manufacturing Sector Drops By N368bn In 8 Years – Report

NGX: Market Hits 74,000 Mark As ASI Appreciates By 1.28%

NGX 2023: 3 New Listings Propel N179bn Surge In Market Cap

Cash Scarcity: CBN Blames Hoarding, Says N3.4trn In Circulation, Surpassing Pre-redesign Level

GSK, P&G Exit: Nigerians Should Worry More About Impact Of Heavy Import On Economy – MAN DG

The Alternative Bank’s AltMall Offers Customers Exclusive Seasonal Product

Like GSK, P&G Set To Stop Operations In Nigeria

Nigeria’s Wheat Imports Decline, Minister Foresees End To Imports

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