Business - Page 496

10 Highest Paying Nigerian Companies In 2021

The top ten highest paying companies per staff in Nigeria as of 2021 is dominated by commercial banks or financial institutions, with MTN, Seplat and Lafarge leading the list, which showed 50

Fakoyejo Olalekan

2 years ago

Nigeria’s Foreign Reserves Drop 73.5%, Weakens CBN’s Effort To Defend Naira

Business·Latest News

Top 10 African Countries With The Lowest Foreign Exchange Reserves

Data obtained from the World Bank have revealed the 10 African countries with the lowest foreign exchange reserves you need to know right now. Interestingly, amid forecasts of drastic declines in global

Queen Nwabueze

2 years ago

Business·Markets

Ecobank, Okomu Oil Lift Stock Market, As Equity Cap Crosses N28 trillion

On Monday, the Nigerian stock market gained 0.49% to lift the equity capitalisation up from N27.87 trillion to N28.01 trillion. The growth was on the back of a bullish run in the

Fakoyejo Olalekan

2 years ago

Business

4 Nigerian Banks That Changed Names After Corruption Allegations, Others

Nigerian banks have changed names for several reasons, but the major factor has been corruption cases, which made the Central Bank of Nigeria (CBN) revoke their licences and bring in new owners.

Fakoyejo Olalekan

2 years ago

Business

Three Revenue Sources That Helped Nigerian Gov’t Make ₦680.78 billion From Nigerians In One Months

The Federal, States and Local Governments received ₦680.783 billion from the Federation Account Allocation Committee (FAAC) in May 2022. This includes funds generated from Value-Added Tax (VAT) and Electronic Money Transfer Levy

Fakoyejo Olalekan

2 years ago

AMA News·Business

Crypto Derivatives Leader Bybit Tackles Bear Market by Settling Options in USDC

VICTORIA, Seychelles, 27 June 2022 -/African Media Agency(AMA)/- Bybit, a cryptocurrency exchange with one of the largest BTC futures open interest, is settling its options trading market in one of the world’s most trusted

Prime Business Africa

2 years ago

Naira Strengthens To N1,576 As Dollar Supply Rises

Business·Currency

Dollar To Naira Exchange Rate, 24/27 June 2022: Dollar Rate Rises, As Demand Soars From Hajj Pilgrims, Others in Black Market

The value of Naira in the black market further depreciated on Monday, as demand for the dollar rose due to Nigerian pilgrims heading outside the country for Hajj in Mecca, Saudi Arabia.

Fakoyejo Olalekan

2 years ago

Business

Nigerian Subscribers Spend More On DSTV, Than Other African Markets

MultiChoice, the parent company of DSTV and GoTV, reports the cable firm’s highest revenue growth for FY 2022 among its markets, excluding South Africa, was recorded in Nigeria. In its breakdown of

Fakoyejo Olalekan

2 years ago

Business

DMO Says Bank Savings Unattractive, As FG Slashes Bonds Investment To N5,000

Director-General of Debt Management Office (DMO), Patience Oniha, said investing in bonds offered by the Federal Government of Nigeria is more profitable compared to saving with Nigerian banks, as FG slashes investment

Fakoyejo Olalekan

2 years ago

Business·Markets

Stock Market: Top Five Gainers And Losers, As Market Cap Records N46.83 billion

The market capitalisation rose to N27.87 trillion from N27.82 trillion reported on Thursday, after gaining N46.83 billion, due to the 0.16% growth in market share. After trading hours on Friday, the All

Fakoyejo Olalekan

2 years ago

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Business - Page 496

10 Highest Paying Nigerian Companies In 2021

Top 10 African Countries With The Lowest Foreign Exchange Reserves

Ecobank, Okomu Oil Lift Stock Market, As Equity Cap Crosses N28 trillion

4 Nigerian Banks That Changed Names After Corruption Allegations, Others

Three Revenue Sources That Helped Nigerian Gov’t Make ₦680.78 billion From Nigerians In One Months

Crypto Derivatives Leader Bybit Tackles Bear Market by Settling Options in USDC

Dollar To Naira Exchange Rate, 24/27 June 2022: Dollar Rate Rises, As Demand Soars From Hajj Pilgrims, Others in Black Market

Nigerian Subscribers Spend More On DSTV, Than Other African Markets

DMO Says Bank Savings Unattractive, As FG Slashes Bonds Investment To N5,000

Stock Market: Top Five Gainers And Losers, As Market Cap Records N46.83 billion

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