Latest news on business in Nigeria – Page 16 of 28

Nigeria’s September Oil Production Hits 1.5 Million Barrels, Bolsters OPEC Output

Nigeria, a vital member of the Organization of Petroleum Exporting Countries (OPEC), recorded a surge in crude oil production in September 2023.

Emmanuel Ochayi

October 13, 2023

Business

SEC Urges Private Sector To Spearhead Infrastructure Financing In West Africa

Mr. Lamido Yuguda, the Director General of the Securities and Exchange Commission (SEC), has implored the private sector to take the lead in sourcing long-term financing from the capital market to address

Emmanuel Ochayi

October 13, 2023

Business·Currency

CBN Finally Lifts Forex Restrictions On 43 Items Banned By Emefiele [FULL LIST]

Nine years after the Central Bank of Nigeria (CBN) under its former Governor, Godwin Emefiele, placed restriction on access to the official foreign exchange (forex) market for the importation of some

Victor Ezejaand

Admin

October 12, 2023

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Business·Markets·News

Nigerian Equities Soar With N64bn In Capital Gains

Nigerian equities experienced an upswing in the market, largely attributed to the performance of large and mid-cap stocks. This surge resulted in a net capital gain of N64 billion.

Emmanuel Ochayi

October 12, 2023

Naira Rises Against Dollar, Ends Week On Positive Note

Business

Naira Falls to N1045/$ Amid Federal Reserve’s Cautious Stance

As the Federal Reserve maintains a cautious stance amidst uncertainties, the naira faces a significant decline in the parallel market. The continuous mismatch between demand and supply has pushed the naira to

Emmanuel Ochayi

October 12, 2023

NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

Business

U.S. Investors Seek New Collaboration In Nigeria’s Capital Market

A high-profile delegation of United States institutional investors, led by Cameron Khowsroshahi, Senior Investment Advisor for Prosper Africa, expressed their interest in expanding their investments in Nigeria’s capital market. The delegation made

Emmanuel Ochayi

October 12, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency·News

Naira-Dollar Exchange Rate Hits N1,040 In Parallel Market As Scarcity Grows

The exchange rate between the Nigerian Naira and the US Dollar has taken a plunge, reaching N1,040 at the parallel market. This latest development stems from the battle between soaring demand and

Emmanuel Ochayi

October 11, 2023

Business

Nigeria Breweries Director Resigns Amid Heineken Exit

Mrs. Yeliz Yedikardesler has announced her resignation from her role as Non-Executive Director at Nigeria Breweries Plc. The company conveyed this development in an official statement sent to the Nigerian Exchange Limited,

Emmanuel Ochayi

October 10, 2023

NNPC: Petrol Import To Stop As Port Harcourt Refinery Begins Operations Soon

Business·News·Oil & Gas

Why Some Marketers Sell Fuel N3 Cheaper Despite 30% Rise In Oil Prices – NNPCL

The Group Managing Director of the Nigeria National Petroleum Company Limited (NNPCL), Mele Kyari, has insisted that the downstream petroleum sector of Nigeria’s economy is fully deregulated, pointing out that this explains

Victor Ezeja

October 10, 2023

Business·News

Unuigbe Emerges NGX Chairman, Pledges Democratised Investments

Shareholders of the Nigerian Exchange Limited (NGX) have approved the appointment of Mr Ahonsi Unuigbe to succeed Mr Abubakar Mahmoud as the new Board Chairman of the Exchange.

Victor Ezeja

October 9, 2023

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Latest news on business in Nigeria - Page 16

Nigeria’s September Oil Production Hits 1.5 Million Barrels, Bolsters OPEC Output

SEC Urges Private Sector To Spearhead Infrastructure Financing In West Africa

CBN Finally Lifts Forex Restrictions On 43 Items Banned By Emefiele [FULL LIST]

Nigerian Equities Soar With N64bn In Capital Gains

Naira Falls to N1045/$ Amid Federal Reserve’s Cautious Stance

U.S. Investors Seek New Collaboration In Nigeria’s Capital Market

Naira-Dollar Exchange Rate Hits N1,040 In Parallel Market As Scarcity Grows

Nigeria Breweries Director Resigns Amid Heineken Exit

Why Some Marketers Sell Fuel N3 Cheaper Despite 30% Rise In Oil Prices – NNPCL

Unuigbe Emerges NGX Chairman, Pledges Democratised Investments

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