Business - Page 4

Aliko Dangote Loses N310bn In Nigerian Stock Market In 2024

Africa’s richest man, Aliko Dangote, has suffered a significant loss of N310 billion in the Nigerian stock market in 2024, primarily due to declining share prices of Dangote Sugar and Nascon Allied.

Prime Business Africa

April 8, 2025

Business·Markets

BUA Cement’s Profitability Under Threat As Production Costs Surge

Nigeria’s BUA Cement is facing a significant challenge to its profitability as production costs continue to outpace revenue growth. Despite a 90.53% year-on-year increase in revenue to N876.46 billion in 2024, the

Prime Business Africa

April 8, 2025

NGX Set To Lose N60bn As MRS Oil Nigeria Plc Plans To Delist Shares

Business·Markets

Over N658bn Lost In Stock Market As Oando, Honeywell Shares Decline

On Monday, April 7, the Nigerian stock market’s all-share index (ASI) declined by 1,295.02 basis points to close at 104,216.87 ASI from 105,511.89 ASI. This dragged the market capitalisation down by N658.22

Prime Business Africa

April 8, 2025

Naira Records First Major Depreciation At Official Market In 2025

Business·Currency·Markets

Naira Sinks Further Despite CBN’s Efforts To Boost Liquidity, Stability

The Nigerian naira has continued to depreciate against the dollar at the foreign exchange (FX) market, despite efforts by the Central Bank of Nigeria (CBN) to boost FX liquidity. Data from the

Victor Ezeja

April 8, 2025

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

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 7th April 2025

What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market, also known

Victor Ezeja

April 7, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 6th April 2025

What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market, also known

Victor Ezeja

April 6, 2025

Business·Finance & Economy·Top Stories

Five Ways Naira Is Bouncing Back Despite The Odds

After years of volatility and depreciation, Nigeria’s currency is showing surprising resilience in 2025. Despite persistent economic challenges, the naira has demonstrated unexpected stability and even signs of recovery in recent months.

Elsie Udoh

April 5, 2025

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th April 2025

What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market, also known

Victor Ezeja

April 5, 2025

Business·News

NNPCL Leadership: Ojulari Takes Over From Kyari

Newly appointed Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has officially taken over the leadership of the company from his predecessor, Mr. Mele Kyari. According

Victor Ezeja

April 5, 2025

Business·News

inDrive Addresses Ride-Hailing Industry Concerns, Reaffirms Commitment To Transparency, Fair Pricing

inDrive, a global ride-hailing platform, has issued a statement addressing recent reports of protests by drivers and security concerns in Nigeria’s ride-hailing industry. Prime Business Africa had reported that its drivers had

Amanze Chinonye

April 4, 2025

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Business - Page 4

Aliko Dangote Loses N310bn In Nigerian Stock Market In 2024

BUA Cement’s Profitability Under Threat As Production Costs Surge

Over N658bn Lost In Stock Market As Oando, Honeywell Shares Decline

Naira Sinks Further Despite CBN’s Efforts To Boost Liquidity, Stability

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 7th April 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 6th April 2025

Five Ways Naira Is Bouncing Back Despite The Odds

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th April 2025

NNPCL Leadership: Ojulari Takes Over From Kyari

inDrive Addresses Ride-Hailing Industry Concerns, Reaffirms Commitment To Transparency, Fair Pricing

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