Latest news on business in Nigeria – Page 19 of 28

Equity Market Begins July With 0.04% Decline

Nigeria’s Capital Market Records N263.8bn Equity Cap Surge As Investors Dive In

Nigeria’s capital market on Tuesday witnessed a modest yet noteworthy increase in equity capitalization marking a 0.71 percent gain. This may appear relatively small on paper, but signifies a substantial N263.8 billion

Emmanuel Ochayi

1 year ago

Business·Latest News

Nigeria’s Social Commerce Sector To Hit $5.04bn By 2028 – Report

“Nigeria Social Commerce Market Intelligence and Future Growth Dynamics Databook – Q2 2023 Update” report has unveiled a dynamic trajectory for Nigeria’s social commerce industry. Bucking expectations, the sector is poised for an astonishing annual

Emmanuel Ochayi

1 year ago

Business·Latest News

Investments In Nigeria’s Telecom Sector Hit $77bn In Q2 2023 – NCC

Prof. Umar Danbatta, the Executive Vice-Chairman of the Nigeria Communications Commission (NCC) on Saturday, announced that Nigeria’s telecommunication sector has experienced a surge in investment, thereby contributing significantly to the nation’s

Emmanuel Ochayi

1 year ago

Business·Latest News

5 Metrics Of UBA’s Record H1 Profit Surge

United Bank for Africa Plc (UBA) has unveiled its 2023 half-year financial report, showing a meteoric rise in profit. “We’re witnessing a remarkable transformation here,” said Oliver Alawuba, the group managing director/chief

Emmanuel Ochayi

1 year ago

Arm's Nasdaq Debut Surges, Valuation Tops $65bn

Business·Markets

Arm’s Nasdaq Debut Surges, Valuation Tops $64bn

In a remarkable Nasdaq debut on Thursday, chip designer Arm saw its shares soar, closing at $63.59 per share, a significant increase from the $51 offer price just the evening before. This

Emmanuel Ochayi

1 year ago

Business·Latest News

Polaris Bank Rewards 50 Lucky Winners In ‘Save & Win’ Promo

In a refreshing twist to its ongoing ‘Save & Win’ promotion, Polaris Bank celebrated the success of 50 fortunate winners, embodying the bank’s commitment to customer appreciation. Polaris Bank, recognized as the

Emmanuel Ochayi

1 year ago

World Bank Stops Loan Disbursement To Uganda Over Anti-Homosexuality Law

Business·Finance & Economy·Latest News·World News

Economy: World Bank Urges Nigeria To Revamp Macroeconomic Management For Growth

In a fresh perspective on Nigeria’s economic landscape, the World Bank has raised concerns over the country’s macroeconomic management, emphasizing the urgent need for structural reforms. The institution stressed the importance of

Emmanuel Ochayi

1 year ago

NCDMB, FIRS Offer Tax Incentives For Oil Industry R&D Investments

Business·Oil & Gas

Amended NCDMB, BOI MoU On $50m NOGaPS Fund Increases Access To Financing For Local Industry Players

The Nigerian Content Development and Monitoring Board (NCDMB) and the Bank of Industry (BoI) have signed an amendment to the Memorandum of Understanding (MoU) on the $50 million NOGaPS Manufacturing Fund. The

PBA Reporter

1 year ago

Business·Latest News

UBA Shines With 371% Profit Surge In H1 2023

United Bank for Africa (UBA) Plc has taken the spotlight, revealing remarkable growth figures in its audited financial report for the first half of 2023. Breaking away from the conventional narrative, the

Emmanuel Ochayi

1 year ago

Business·Oil & Gas

Agip Staff Protests Oando’s Acquisition Over Labor Law Issues

In a striking protest that shook the oil-rich region of Port Harcourt, employees of the Nigerian Agip Oil Company gathered to vehemently oppose Oando Plc‘s impending acquisition of their company’s facilities. With

Emmanuel Ochayi

1 year ago

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Latest news on business in Nigeria - Page 19

Nigeria’s Capital Market Records N263.8bn Equity Cap Surge As Investors Dive In

Investments In Nigeria’s Telecom Sector Hit $77bn In Q2 2023 – NCC

5 Metrics Of UBA’s Record H1 Profit Surge

Arm’s Nasdaq Debut Surges, Valuation Tops $64bn

Polaris Bank Rewards 50 Lucky Winners In ‘Save & Win’ Promo

Economy: World Bank Urges Nigeria To Revamp Macroeconomic Management For Growth

Amended NCDMB, BOI MoU On $50m NOGaPS Fund Increases Access To Financing For Local Industry Players

UBA Shines With 371% Profit Surge In H1 2023

Agip Staff Protests Oando’s Acquisition Over Labor Law Issues

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