Latest news on business in Nigeria – Page 2 of 28

Naira Crisis: The Hidden Truth Of Dollar Hoarding

More Pressure On Naira As Exchange Rate Nears N1,640/$ At Official Market

Nigerian naira has continued to experience depreciation since the week began, reaching N1,639.41/$ on Thursday, 5 September 2024 at the official market. According to data from the FMDQ Securities and Exchange, the

Victor Ezeja

September 6, 2024

Business·News

Zenith Bank Records 117% Gross Earnings Growth In H1

Gross Earnings Growth One of the leading commercial banks in Nigeria, Zenith Bank, has recorded a 117 per cent growth of its gross earnings in the first half of 2024. This was

Victor Ezeja

September 2, 2024

How Cement Dealers Frustrated Plans To Slash Cement Price To N3,500 - BUA Boss

Business·News

How Cement Dealers Frustrated Plans To Slash Price To N3,500 – BUA Boss

Chairman of BUA Cement Plc, Abdulsamad Rabiu, has revealed how cement dealers frustrated his company’s plan to bring down the price of cement to N3,500 per bag in 2023. Speaking at the

Victor Ezeja

August 30, 2024

Business·News·Oil & Gas

Nigerians Groan As Price Of Cooking Gas Rises 16.7% To N1,400/kg In 1 Month

The price of Liquefied Petroleum Gas (LPG), also known as cooking gas, has risen to N1,400 per kilogram (Kg) this month, reflecting 16.7 per cent, month-on-month increase from N1,200 in July. Prime

Victor Ezeja

August 29, 2024

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, 28th August 2024

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

August 28, 2024

Naira vs Dollar: What To Expect This Week (10th-15th, March 2025)

Business

Inflation: How CBN’s New Deposit, Lending Rates Will Affect Liquidity

The Central Bank of Nigeria (CBN) has announced changes in its lending and deposit facilities, in a bid to manage liquidity in the nation’s financial system. The CBN lifted the suspension of

Victor Ezeja

August 27, 2024

Petrol Imports Rise To 154m Litres Weekly As Naira-for-Crude Crisis Persists

Business·News·Oil & Gas

Nigeria’s Crude Oil Production Declines To 1.4mbpd In Q2 – NBS

NBS Report Highlights Drop in Crude Oil Production The Nigeria Bureau of Statistics (NBS) has released its quarterly Gross Domestic Product (GDP) report for 2024, revealing a decline in Nigeria’s crude oil

Emmanuel Ochayi

August 27, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 25th August 2024

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

August 25, 2024

Business·News

Why We Plan N50bn Capital Raise, Upgrade To Commercial Bank – Infinity Trust Mortgage Bank

Infinity Trust Mortgage Bank (ITMB) has announced plans to raise an additional N50 billion in capital and also upgrade to a regional commercial bank. The bank’s management made this known while speaking

Victor Ezeja

August 23, 2024

Business·News·Oil & Gas

Oando Completes $783m Acquisition Of Agip Oil

Oando PLC has announced that it has successfully completed acquisition of 100% of the shareholding interest in the Nigerian Agip Oil Company (NAOC), from the Italian energy company, Eni. A statement signed

Victor Ezeja

August 23, 2024

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Latest news on business in Nigeria - Page 2

More Pressure On Naira As Exchange Rate Nears N1,640/$ At Official Market

Zenith Bank Records 117% Gross Earnings Growth In H1

How Cement Dealers Frustrated Plans To Slash Price To N3,500 – BUA Boss

Nigerians Groan As Price Of Cooking Gas Rises 16.7% To N1,400/kg In 1 Month

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 28th August 2024

Inflation: How CBN’s New Deposit, Lending Rates Will Affect Liquidity

Nigeria’s Crude Oil Production Declines To 1.4mbpd In Q2 – NBS

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 25th August 2024

Why We Plan N50bn Capital Raise, Upgrade To Commercial Bank – Infinity Trust Mortgage Bank

Oando Completes $783m Acquisition Of Agip Oil

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