Business - Page 38

#Nigeria@64: LCCI Calls For Bold Economic Reforms to Address Insecurity, Inflation, Oil Theft

#Nigeria@64: LCCI Seeks Bold Economic Reforms To Address Insecurity, Inflation, Oil Theft

Lagos Chamber of Commerce and Industry (LCCI) Calls for Action As Nigeria celebrated its 64th Independence anniversary, the Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Government to

Emmanuel Ochayi

2 months ago

Nigerian Stock Market Sees Surge As Top 10 Brokers Trade Over N2.5trn In 2024

Business·FEATURES·Latest News·Markets

Stock Market Defies Rate Hike, Rises By 31.81%

Stock Market Sees Impressive 31.81% Growth in 2024 Nigeria’s stock market has demonstrated significant resilience in 2024, growing by 31.81% year-to-date, despite monetary policy tightening by the Central Bank of Nigeria (CBN).

Emmanuel Ochayi

2 months ago

#Nigeria@64: Naira-for-Crude Deal Kicks Off TuesdayAs Nigeria Set To Save Over $7bn

Business·FEATURES·Latest News·Oil & Gas

#Nigeria@64: Naira-for-Crude Deal Kicks Off Tuesday, Govt Set To Save Over $7bn

Nigeria is on the verge of a significant transformation in its energy sector with the launch of the Naira-for-Crude deal. The Federal Government’s plan to begin selling crude oil in naira to

Emmanuel Ochayi

2 months ago

Nigeria's Equity Market Declines As Profit-Taking Halts Rally

Business·Latest News·Markets

Nigeria’s Equity Market Surges By N1.158trn In September

Nigeria’s equity market witnessed a notable rise in September, growing by 2.05% or N1.158 trillion. This surge pushed the market’s year-to-date return to an impressive +31.81%. The rise came as investors poured

Emmanuel Ochayi

2 months ago

Business·Latest News

UBA’s Gross Earnings Rise By 40% To N1.37 trillion In H1

United Bank for Africa (UBA) Plc recorded a 40 per cent increase in its gross earnings from N981.77 billion in 2023 to N1.371 trillion in June 2024. This was revealed in the

Victor Ezeja

2 months ago

Dangote Petrol Will Reduce FX Demand, Transport, Food Costs – CBN

Business·Latest News·Oil & Gas

Dangote To Transport Refined Products By Sea

The Dangote Group has announced plans to start transporting refined petroleum products by sea. This development aims to ease road congestion and facilitate smoother export operations to other African countries. In a

Emmanuel Ochayi

2 months ago

UBA Reports Record 149% Net Interest Income Growth Of N2trn In Q3

Business·Latest News

UBA Sees 16% Profit Decline In H1 Despite Interest Income Surge

UBA Reports 16% Drop in Profit for H1 2024 United Bank for Africa (UBA) has reported a profit after tax of N316.4 billion for the first half (H1) of 2024. This figure

Emmanuel Ochayi

2 months ago

Africa·Business·Latest News

AfDB Pledges Support To Lagos Health Sector, Aims To Curb Nigeria’s $1bn Monthly Medical Tourism Loss

AfDB’s Commitment to Boost Lagos Healthcare Sector The African Development Bank (AfDB) has expressed its commitment to supporting Lagos State in improving its healthcare system to reduce Nigeria’s reliance on medical tourism.

Emmanuel Ochayi

2 months ago

Naira-for-Crude sales Commenced October 1 – Nigerian Govt

Business·Latest News·Oil & Gas

Over 7m Barrels Of Crude Oil Stolen From Nigeria In 2023, NEITI Reports

Crude Oil Losses Fall Dramatically in 2023 Nigeria’s crude oil theft has seen a significant drop, according to the Nigeria Extractive Industries Transparency Initiative (NEITI). The latest report, covering 2022 and 2023,

Emmanuel Ochayi

2 months ago

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th October 2024

Business·Currency·Latest News·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 30th September 2024

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

2 months ago

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Business - Page 38

#Nigeria@64: LCCI Seeks Bold Economic Reforms To Address Insecurity, Inflation, Oil Theft

Stock Market Defies Rate Hike, Rises By 31.81%

#Nigeria@64: Naira-for-Crude Deal Kicks Off Tuesday, Govt Set To Save Over $7bn

Nigeria’s Equity Market Surges By N1.158trn In September

UBA’s Gross Earnings Rise By 40% To N1.37 trillion In H1

Dangote To Transport Refined Products By Sea

UBA Sees 16% Profit Decline In H1 Despite Interest Income Surge

AfDB Pledges Support To Lagos Health Sector, Aims To Curb Nigeria’s $1bn Monthly Medical Tourism Loss

Over 7m Barrels Of Crude Oil Stolen From Nigeria In 2023, NEITI Reports

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 30th September 2024

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