Business - Page 45

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

What Happens If NNPC Ends Naira-for-Crude? Risks, Alternatives

Business·News·Oil & Gas

Fuel Price Hike Sparks Concerns As Depot Costs Hit N950/litre

The loading cost of Premium Motor Spirit (petrol) and other refined petroleum products at depots surged on Monday, causing widespread concern among consumers and industry stakeholders. It was reported that petrol and

Emmanuel Ochayi

January 14, 2025

Naira vs Dollar: What To Expect This Week (24th-30th, March 2025)

Business·Currency·Markets·News

Naira Opens Week With Further Depreciation

The naira began the new week on a negative note as it recorded further depreciation at the foreign exchange market on Monday, 13th January. The Nigeria Foreign Exchange Market (NFEM) data published

Victor Ezeja

January 14, 2025

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

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 14th 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 14, 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

Stock Market Declines By 0.08%, Defies Bullish Start Expectations For New Week

Nigeria’s equities market began the new week on a cautious note, decreasing by 0.08 per cent or N52 billion. This defied the expectations of many analysts who predicted a bullish start. The

Emmanuel Ochayi

January 14, 2025

Business

UBA Rewards Customers With Over N41m In Legacy Promo

United Bank for Africa (UBA) Plc has spent not less than N41.8 million in prizes to over 100 lucky customers in its just concluded UBA Legacy Promo series. The promo, which began

Victor Ezeja

January 13, 2025

Business·News·Oil & Gas

Fuel Price Hike Looms As Global Crude Nears $80/barrel- Experts Warn

The possibility of a fuel price hike looms as the price of Brent crude oil, the global benchmark, surged to $79.76 per barrel on Sunday. This increase, up from $72.88 in December

Emmanuel Ochayi

January 13, 2025

Africa·Business·News·Tech News

African Countries With Highest Tech Funding

Africa continues to solidify its position as a hub for tech innovation, drawing significant investments. Despite this, recent reports highlight a shift in the funding landscape, with a 25% decline in venture

Emmanuel Ochayi

January 13, 2025

why the nigerian tax reform bills must be passed

Business·FEATURES·News

Why Tax Reform Bills Must Be Passed – Experts

The current debates surrounding Nigeria’s tax reform bills have sparked discussions across the political and business spectrum. However, at the heart of these discussions lies a crucial issue – the need to

Emmanuel Ochayi

January 13, 2025

7 Irregularities To Look Out For In 2025 Budget

Business·News

Seven Irregularities To Look Out For In 2025 Budget

BudgIT, a civic-tech organisation promoting transparency in Nigeria, has identified several critical issues in the 2025 Federal Government Proposed Budget. They call on the National Assembly to address these irregularities and ensure

Emmanuel Ochayi

January 13, 2025

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Business - Page 45

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

Fuel Price Hike Sparks Concerns As Depot Costs Hit N950/litre

Naira Opens Week With Further Depreciation

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 14th January 2025

Stock Market Declines By 0.08%, Defies Bullish Start Expectations For New Week

UBA Rewards Customers With Over N41m In Legacy Promo

Fuel Price Hike Looms As Global Crude Nears $80/barrel- Experts Warn

African Countries With Highest Tech Funding

Why Tax Reform Bills Must Be Passed – Experts

Seven Irregularities To Look Out For In 2025 Budget

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