Business

Conoil, Guinness losses wipe N663bn off market cap

The Nigerian stock market closed on a bearish note Wednesday as investors lost N663 billion following heavy sell-offs in Conoil,…

9 months ago

Bitcoin drops to 2-week low

Bitcoin extended declines to hit a two-week low on Wednesday, August 20, 2025, as investors reduced positions ahead of the…

9 months ago

Naira trades N1,534/$ in official market

The naira appreciated against the United States dollar in the Nigerian Foreign Exchange Market (NFEM), trading at N1,534.5/$ on Tuesday,…

9 months ago

Abakaliki residents, businesses fume over 3-month blackout

Residents and business owners in parts of Abakaliki, Ebonyi State, have decried a three-month blackout that has crippled commercial and…

9 months ago

Stock market records N60bn gain

The Nigerian stock market bounced back on Monday, August 18, 2025, as investors regained N60 billion in value in a…

9 months ago

FG to roll out interest-free loans for farmers, small businesses

The Federal Government has announced plans to begin disbursing interest-free loans to smallholder farmers and micro-businesses across Nigeria before the…

9 months ago

Stock market investors lose N425bn

Nigerian stock market closed the week bearish on Friday, August 15, 2025, as performance indices fell by 0.46 per cent.…

9 months ago

Naira trades N1,530/$ in official market

The naira appreciated to N1,530 against the United States dollar in the Nigerian Foreign Exchange Market (NFEM) on Friday, August…

9 months ago

Nigeria’s inflation rate drops to 21.8%

The National Bureau of Statistics (NBS) has announced that Nigeria’s headline inflation rate dropped to 21.88 per cent in July…

9 months ago

Presco to acquire Saro Oil Palm for $46.7m

Nigerian-based Crude Palm Oil (CPO) producer Presco Plc has announced its readiness to acquire Saro Oil Palm SOP for $46.7…

9 months ago

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