Business - Page 44

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

Nigeria’s Equity Market Sees Decline As Investors Lose N931bn

Nigeria’s equity market recorded a significant loss on Wednesday, wiping out ₦931 billion in investor value. The Nigerian Exchange Limited (NGX) reported a 1.47% drop in the All-Share Index (ASI), bringing it

Emmanuel Ochayi

January 16, 2025

Inflation: How To Protect Your Money In An Unstable Economy

Business·News

Nigerians React To Economic Pain As Inflation Rate Hits 34.80%

Nigeria’s headline inflation rate reached 34.80% in December 2024, marking a slight increase from 34.60% in November 2024. According to the National Bureau of Statistics (NBS), this marginal rise of 0.20% was

Emmanuel Ochayi

January 15, 2025

Business·News·Oil & Gas

Asharami Energy Hits 4 Million LTI-Free Man-hours on OML 148 Assets

Asharami Energy, a major player in the Sahara Group’s upstream sector, has hit a critical safety target. The company announced it has achieved 4 million Lost Time Injury (LTI) free manhours on

Emmanuel Ochayi

January 15, 2025

NASS Increases Customs’ 2025 Revenue Projection To ₦12trn

Business

NASS Increases Customs Revenue Projection To ₦12trn

The Nigeria Customs Service’s revenue projections for the 2025 fiscal year has been raised by the National Assembly Joint Committee on Finance from the initial ₦6.5 trillion to ₦12 trillion. This comes

Victor Ezeja

January 15, 2025

Business·News

Top 15 Fastest Declining Jobs

As industries evolve, certain jobs are becoming obsolete due to technological advancements and shifting economic conditions. The World Economic Forum’s (WEF) Future of Jobs Report 2025 identifies the top 15 fastest declining

Emmanuel Ochayi

January 15, 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, 15th 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 15, 2025

Naira Crisis: The Hidden Truth Of Dollar Hoarding

Business·FEATURES·News

Imported Poverty: How Nigeria’s Love For Foreign Goods Is Killing Naira

In the bustling markets of Lagos, a troubling trend is unfolding. Despite the nation’s rich resources and entrepreneurial spirit, Nigerians’ preference for imported goods is exacerbating the naira’s decline to N1658 currently,

Emmanuel Ochayi

January 15, 2025

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

Business·Markets·News

Nigeria Equity Market Sees Largest 2025 Decline As NGX Loses N1.06trn

The Nigerian equities market witnessed its largest daily decline of 2025 on Tuesday, resulting in a significant N1.064 trillion loss. This downturn marks a 1.66 percent drop, the highest negative swing recorded

Emmanuel Ochayi

January 15, 2025

Business

NO Cash In ATMs: CBN Slams N1.35bn On 9 Banks

The Central Bank of Nigeria (CBN), has imposed fines totalling on N1.350 billion on nine Deposit Money Banks (DMBs) over failure to dispense cash through their Automated Teller Machines (ATMs) during the

Victor Ezeja

January 14, 2025

Business·News·Tech News

Tariff Hike Looms As Telecos, ICT Firms Deal with Rising Debt

Technology and telecom companies in Nigeria are dealing with significant financial difficulties as they collectively owed N1.69 trillion to banks as of September 2024. Despite this hefty debt, these companies are pushing

Emmanuel Ochayi

January 14, 2025

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Business - Page 44

Nigeria’s Equity Market Sees Decline As Investors Lose N931bn

Nigerians React To Economic Pain As Inflation Rate Hits 34.80%

Asharami Energy Hits 4 Million LTI-Free Man-hours on OML 148 Assets

NASS Increases Customs Revenue Projection To ₦12trn

Top 15 Fastest Declining Jobs

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 15th January 2025

Imported Poverty: How Nigeria’s Love For Foreign Goods Is Killing Naira

Nigeria Equity Market Sees Largest 2025 Decline As NGX Loses N1.06trn

NO Cash In ATMs: CBN Slams N1.35bn On 9 Banks

Tariff Hike Looms As Telecos, ICT Firms Deal with Rising Debt

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