Business - Page 37

How NNPC, Oil Marketers Spend Over N5.5trn On Fuel Imports In 4 Months

The Nigerian National Petroleum Company (NNPC) Limited and some oil marketers spent over N5.5 trillion on fuel imports between October 1, 2024, and January 31, 2025. Despite the availability of locally refined

Emmanuel Ochayi

February 1, 2025

Telecom Tariff Hikes: The Business Struggle For SMEs In Nigeria

Business·FEATURES·News

Telecom Tariff Hikes: Business Struggle For SMEs In Nigeria

In recent weeks, Nigeria’s telecommunications landscape has been shaken by the Nigerian Communications Commission’s (NCC) approval of a 50% increase in tariffs for data, calls, and SMS services. This decision, marking the

Emmanuel Ochayi

February 1, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 21st March 2025

Business·Currency·Markets·News

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

Victor Ezeja

February 1, 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·Markets·News

Nigeria’s Stock Market Gains N1.063trn In One Week As Investors Position For Dividends

Nigeria’s stock market saw a significant rise in the trading week that ended on Friday, January 31, as investors gained about N1.063 trillion. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) grew

Emmanuel Ochayi

February 1, 2025

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Business·Markets·News

Naira Appreciates To N1,610/$1 In Parallel Market

The Nigerian Naira appreciated against the U.S. dollar in the parallel market on Friday, closing at N1,610 per dollar, representing a N20 gain from the previous day. Currency traders confirmed the development,

Emmanuel Ochayi

January 31, 2025

Business·FEATURES·News

Food Insecurity: Why Millions Of Nigerians Are Going Hungry

Food insecurity in Nigeria is worsening. Nearly 50 million people in West Africa, including millions in Nigeria, do not have enough to eat. The United Nations Food and Agriculture Organisation (FAO) revealed

Emmanuel Ochayi

January 31, 2025

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

Business·Markets·News

Nigeria’s Equity Market Rises By 0.19% As NNFM, Honeywell, Aviation Stocks Lead Gains

Nigeria’s equity market continued its upward movement on Thursday, gaining 0.19% or N348 billion, as stocks like Northern Nigeria Flour Mills (NNFM), Skyway Aviation Handling Company Plc, Honeywell Flour Mills, Chellaram, and

Emmanuel Ochayi

January 31, 2025

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency·Markets·News

Naira Gains Massively Against Dollar, Highest In 8 Months

The Nigerian naira has recorded a massive gain against the dollar within the week as the exchange rate closed at N1,493/$ at the official market on Thursday, 30 January 2025. This is

Victor Ezeja

January 31, 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 31st January 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

Victor Ezeja

January 31, 2025

Auction of Vehicles: EFCC to Review Complaints Against Auctioneers

Business·News

EFCC Blames Poor Internet, High Turnout For Car Auction Glitches, Vows Review

The Economic and Financial Crimes Commission (EFCC) has addressed the concerns raised by Nigerians over its recently concluded online auction of forfeited vehicles. The Commission admitted that some participants experienced technical issues

Emmanuel Ochayi

January 30, 2025

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Business - Page 37

How NNPC, Oil Marketers Spend Over N5.5trn On Fuel Imports In 4 Months

Telecom Tariff Hikes: Business Struggle For SMEs In Nigeria

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

Nigeria’s Stock Market Gains N1.063trn In One Week As Investors Position For Dividends

Naira Appreciates To N1,610/$1 In Parallel Market

Food Insecurity: Why Millions Of Nigerians Are Going Hungry

Nigeria’s Equity Market Rises By 0.19% As NNFM, Honeywell, Aviation Stocks Lead Gains

Naira Gains Massively Against Dollar, Highest In 8 Months

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 31st January 2025

EFCC Blames Poor Internet, High Turnout For Car Auction Glitches, Vows Review

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