Business & Finance
Dollar, Euro and Pounds To Naira Exchange Rate For Today, January 8 2025
As of today, January 8 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
OAGF Uncovers N514bn Financial Irregularities in NNPCL Operations
The Office of the Auditor-General for the Federation (OAGF) has found financial problems worth N514 billion in the Nigerian National...
Nigeria’s FX Reserves Rise by $591.78 Million Following Eurobond Auction
Nigeria's foreign currency reserves have gone up by $591.78 million in the month after the government sold $2.2 billion in...
Bitcoin Mining Companies Secure $3.7 Billion to Combat Rising Energy Costs
Bitcoin mining companies have collected more than $3.7 billion in new funding to deal with rising energy prices and tougher...
Nigeria’s 2025 Budget: Will It Help or Harm the Stock Market?
Here we are again, another year, another budget, another set of promises tied to huge numbers. Nigeria’s 2025 budget proposal—worth...
Airtel Nigeria Backs Call for Tariff Review as Costs Surge
Airtel Nigeria is asking for higher prices, saying their costs have gone up by 300%. CEO Dinesh Balsingh explained that...
Landmark Africa Dumps Lagos After $80M Loss
Landmark Africa, the company behind the once-lively Landmark Beach Resort in Lagos, is packing its bags and looking for greener...
Kenya Airways Resumes Trading on Nairobi Securities Exchange After Five-Year Suspension
Kenya Airways has officially started trading again on the Nairobi Securities Exchange (NSE) after being suspended for more than four...
NGX Insurance Index Gains 26.9% in First Week of 2025 After Stellar 2024 Performance
The NGX Insurance Index rose by 26.9% in the first week of trading in 2025, showing its best weekly performance...
Nigeria Ramps Up Oil Production to 1.8 Million Barrels Per Day
Nigeria's oil production has surged to a remarkable 1.8 million barrels per day (mbpd), according to the Minister of State...
Marketers to Begin Lifting Petrol from Port Harcourt Refinery This Week – PETROAN
Marketers and sellers of petroleum products are expected to start getting Premium Motor Spirit (PMS), also known as petrol, from...
IMTO Inflows Surge by 63.7% in Nine Months Amid CBN Reforms
The Central Bank of Nigeria (CBN) got a 63.7% increase in international money transfer operator (IMTO) inflows from January to...
Nigerian DisCos’ Remittance Performance Declines Amidst Grid Instability
Despite the unstable state of Nigeria's grid supply, Nigerian electricity distribution companies (DisCos) paid a total of N137.06 billion to...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, January 6 2025
As of today, January 6 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
Weekly Market Wrap: ASI Hits N63 Trillion, Gains 1.42% as Insurance Stocks Rally
The Nigerian stock market ended the week on a positive trend, with the All-Share Index (ASI) increasing by 1.42% to...
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