Business & Finance
Trump Media Stock Hits New Low Since Merger
Shares of Trump Media, which owns Truth Social, fell to a record low on August 19, 2024; the shares closed...
Airtel Africa Initiates Second Tranche of $50 Million Share Buyback Program
Airtel Africa has revealed that it is starting the second phase of its stock repurchase program, which amounts to $50...
Fuel Queues: A Recurring Nightmare in Nigeria
The ongoing fuel queues, an agonizing representation of the continuing challenges our country is grappling with, occupy my mind as...
MTN Group Reports Half-Year Loss Amidst Naira Devaluation
Africa's biggest telecommunications company, MTN Group, announced a half-year loss that is more significant owing to the devaluation of the...
FX Spot Rate Stability Boosts Financial Stock Performance on NGX
The Financial services industry is the leading performer in the equities sector of the Nigerian Stock Exchange (NGX), having accounted...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, August 19 2024
As of today, August 19 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
Matrix Energy Refutes Allegations of Importing Substandard Petroleum Products
Matrix Energy, a prominent oil marketing company, has categorically denied allegations of importing sub-standard Premium Motor Spirit (PMS), diesel, and...
FIRS Drafts Executive Bill to Modernize Tax Laws, Regulate Crypto Industry
The Federal Inland Revenue Service (FIRS) is working on a bill that will completely change the revenue administration in Nigeria,...
Despite Tensions, Chinese Investment in US Continues to Rise
The president of the US-China Business Council (USCBC), Craig Allen, talked about the importance of China’s rising investment in research...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, August 18 2024
As of today, August 18 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
Africa’s Sovereign Debt Surpasses $1 Trillion, UN Argency Warns
Amidst uncertainties in global economics, the UNECA cautions against growing difficulties in financing. Calling for sustainable debt management strategies as...
Nigerian Exchange Lifts Suspension On Guinea Insurance Plc
The Guinea Insurance Plc shares have been suspended from trading since August 12, 2024 as per Nigerian Exchange Ltd. (NGX)....
Union Bank Records 138% Profit Growth In 2023 Despite N226 Billion Net FX Loss
Union Bank of Nigeria, the country's second-oldest bank, has reported 138% increase in pre-tax profit for the financial year 2023,...
Nigerian Stock Market Experiences 1.51% Decline in Week Ended
The trading week ending August 16, 2024, witnessed a 1.51% fall in the Nigerian equities market due to heightened selling...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, August 17 2024
As of today, August 17 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
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