Latest news on business in Nigeria – Page 17 of 28

Nigeria’s Q2 Foreign Capital Drops 9.04%, Lagos Leads

In the second quarter of 2023, Nigeria experienced a notable downturn in foreign capital importation, marking a 9.04% decrease when compared to the preceding quarter (the first three months of 2023). These

Emmanuel Ochayi

1 year ago

Marketers Assure Petrol Price Drop, Zero Scarcity During Yuletide

Business·Oil & Gas

Depot Owners Struggle With Rising Fuel Cost Amid Forex Fluctuations

Nigeria's fuel industry is facing a grim reality as foreign exchange rate fluctuations have left numerous petroleum product depots empty.

Emmanuel Ochayi

1 year ago

Business·Markets

NGX Surges As NASCON, Wema, 22 Stocks Boost Market Capitalization By N141bn

The bulls took charge of the Nigerian Exchange Limited (NGX) equities sector, propelling it to significant gains on the back of NASCON Allied Industries Plc, Wema and a rally in 22 other

Emmanuel Ochayi

1 year ago

Business·Finance & Economy

Amid Nigeria’s 2.8% Slow Economic Growth In 2023, These Four Sectors Are Top Performers

Utilities (read electricity industry), financial services, information & communication as well as construction have been identified to be the fastest growing sectors of the Nigerian economy this year. Their growth rates were

Victor Ezeja

1 year ago

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency

Naira Depreciates To N756/$ In I&E Window

In a dynamic twist of events, the Nigerian naira faced a rollercoaster ride in the financial markets on Wednesday. The currency, which had exchanged for N745.19 to a dollar just a day

Emmanuel Ochayi

1 year ago

NGX: Market Sees Bearish Turn In 2024 As ASI Plunges By 1.4%

Business·Markets

Nigerian Stock Market Gains N167bn As Buacement, Oando Emerge Top Gainers

The Nigerian Stock Market experienced a significant turn-up during the trading sessions on Monday, October 2nd, and Tuesday, October 3rd, 2023, as substantial gains amounting to a total of N167 billion were

Emmanuel Ochayi

1 year ago

Ecobank Fined N3.2m, PZ Cussons Slammed With N4.8m Amid Clampdown

Business·Latest News

Ecobank Warns Customers About SIM Swap Fraud Threat

In a bid to shield its customers from cyber theft, Ecobank has warned about the grave risk associated with SIM swap fraud. In a recent email communication to customers, the bank explained

Emmanuel Ochayi

1 year ago

Dangote Cement, Rand Merchant Bank Begin Commercial Paper Issuances On FMDQ Exchange

Business·Latest News

Why We Reduced Cement Price To ₦3,500 – BUA

BUA Cement PLC has finally reduced the price of its cement to ₦3500 per bag, says it is in line with its quest to spur development in building infrastructure sector. In a

Abigail Erhiagboje

1 year ago

Business·Latest News

NOVA Merchant Bank’s Pediatric Surgery Initiative Saves 50 Underprivileged Children In Lagos

In a remarkable display of corporate social responsibility, NOVA Merchant Bank, a financial institution in Nigeria, has spearheaded a Pediatric Surgical Intervention program as part of its 2023 Environmental, Social, and Governance

Emmanuel Ochayi

1 year ago

Business·Finance & Economy·Latest News

Muda Yusuf Advises CBN, Other Authorities To Create Policies That Encourage Domestic Investments In Nigeria

Chief Executive Officer of the Centre For Promotion of Private Enterprise (CPPE), Dr Muda Yusuf, has called on the Central Bank of Nigeria (CBN) and other fiscal authorities in the country to

Victor Ezeja

1 year ago

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Latest news on business in Nigeria - Page 17

Nigeria’s Q2 Foreign Capital Drops 9.04%, Lagos Leads

Depot Owners Struggle With Rising Fuel Cost Amid Forex Fluctuations

NGX Surges As NASCON, Wema, 22 Stocks Boost Market Capitalization By N141bn

Amid Nigeria’s 2.8% Slow Economic Growth In 2023, These Four Sectors Are Top Performers

Naira Depreciates To N756/$ In I&E Window

Nigerian Stock Market Gains N167bn As Buacement, Oando Emerge Top Gainers

Ecobank Warns Customers About SIM Swap Fraud Threat

Why We Reduced Cement Price To ₦3,500 – BUA

NOVA Merchant Bank’s Pediatric Surgery Initiative Saves 50 Underprivileged Children In Lagos

Muda Yusuf Advises CBN, Other Authorities To Create Policies That Encourage Domestic Investments In Nigeria

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