Business - Page 126

Nigerian Equities Surge To Global Top 3, As Returns Hit N8.7trn

Equity Market Sees Red As Investors Suffers N1.6trn Loss In 1 Week

Last week, the Nigerian equity market took a downturn, shedding N1.57tn in value. Analysts attribute this decline to various factors, including prevailing market dynamics and changes in fundamentals amid a high-interest rate

Emmanuel Ochayi

7 months ago

Business·Latest News

Analyst Expresses Optimism That Nigeria’s Economy Won’t Witness Forex Instability In 2024

Economic experts have continued to express optimism that Nigeria’s economy is on the path to recovery and won’t witness the challenges that occured in 2023 caused by Foreign Exchange (Forex) instability and

Victor Ezeja

7 months ago

Financial Expert Says Stable Forex Regime Will trigger Nigerian Breweries, Others’ Return To Profitability In 2024

Business·Latest News

Stable Forex Regime Will Reset Nigerian Breweries, Others To Profitability In 2024 – Financial Expert

Financial Expert Says Stable Forex Regime Will trigger Nigerian Breweries, Others’ Return To Profitability in 2024

Admin

7 months ago

Nigerian Government Exempts VAT On Diesel, LNG, CNG, Electric Vehicles To Lower Energy Costs

Business·Latest News

Nigeria To Secure $2.2bn Loan From World Bank- Finance Minister Reveals

Nigeria is on the brink of securing a financial boost from the World Bank, as Finance Minister Wale Edun unveiled plans for a $2.2 billion loan with single-digit interest rates during a

Emmanuel Ochayi

7 months ago

Business·Latest News·Markets

Dollar Rise Spurs EFCC Crackdown On Currency Manipulation By Cryptocurrency Platforms, Others

The Economic and Financial Crimes Commission (EFCC) has intensified its efforts to combat currency manipulation, particularly in light of the rise of the dollar against the naira. Sources within the commission reveal

Emmanuel Ochayi

7 months ago

Just In: CBN Resumes Fx Sale To BDCs At N1,021/$1

Business·Latest News·Markets

Fluctuation In FX Rate Will Persist But We’re Working Towards Stability, Says Cardoso

Yemi Cardoso, the Governor of the Central Bank of Nigeria, addressed concerns about the fluctuating foreign exchange (FX) rates in Nigeria. He said this during a briefing at the World Bank/IMF Spring

Emmanuel Ochayi

7 months ago

Business·Latest News

First Bank MD, Adeduntan, Bows Out After Nine Years

Managing director of First Bank Group, Adesola Adeduntan, has resigned his appointment from the company after nine years heading the tier one bank in Nigeria.

Victor Ezeja

7 months ago

CBN’s FX Market Intervention Falls Short As Naira Struggles To Gain Ground

Business·Currency·Latest News

Naira Ends Week With 9% Depreciation, Exchanges N1,169/$1 At Official Market

The Nigerian currency, the Naira, ended the week with a 9.1 per cent depreciation at the official segment of the foreign exchange market.

Victor Ezeja

7 months ago

Business·Latest News

Transcorp Hotels Enhances Aura Digital Platform To Increase Bookings, Generate More Revenue

Transcorp Hotels, a subsidiary of Transnational Corporation Plc, has said it is focused on enhancing its digital platform called ‘Aura’, which revolutionizes how it drives bookings, engaging with guests, and generally generate

Victor Ezeja

7 months ago

Business·Latest News

We Sold Transcorp Hotels Calabar To Focus On Abuja, Lagos Expansion – MD Olusola

Mrs. Dupe Olusola, Managing Director/CEO of Transcorp Hotels Plc, has clarified that the decision of the company to divest its 100 per cent interest in Transcorp Hotels Calabar Limited was a very

Victor Ezeja

7 months ago

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Business - Page 126

Equity Market Sees Red As Investors Suffers N1.6trn Loss In 1 Week

Analyst Expresses Optimism That Nigeria’s Economy Won’t Witness Forex Instability In 2024

Stable Forex Regime Will Reset Nigerian Breweries, Others To Profitability In 2024 – Financial Expert

Nigeria To Secure $2.2bn Loan From World Bank- Finance Minister Reveals

Dollar Rise Spurs EFCC Crackdown On Currency Manipulation By Cryptocurrency Platforms, Others

Fluctuation In FX Rate Will Persist But We’re Working Towards Stability, Says Cardoso

First Bank MD, Adeduntan, Bows Out After Nine Years

Naira Ends Week With 9% Depreciation, Exchanges N1,169/$1 At Official Market

Transcorp Hotels Enhances Aura Digital Platform To Increase Bookings, Generate More Revenue

We Sold Transcorp Hotels Calabar To Focus On Abuja, Lagos Expansion – MD Olusola

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