By Dipo Olowookere The Nigerian Exchange (NGX) Limited recorded its first loss in nine consecutive sessions after it finished in the red territory on Friday by 0.12 per cent. This decline suffered by Customs Street was caused by profit…
By Adedapo Adesanya The Naira suffered a marginal decline against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday, December 20 by 0.02 per cent or 30 Kobo to settle at N1,541.68/$1, in contrast to…
By Adedapo Adesanya Oil prices rose marginally on Friday as markets weighed Chinese demand and interest rate-cut expectations after data showed cooling inflation in the United States. Brent crude futures appreciated by 6 cents or 0.08 per…
By Modupe Gbadeyanka Nigerian shoppers now have more payment options on the popular e-commerce platform, Jumia, with the integration of PalmPay after a strategic partnership sealed by both organisations. It was gathered that this…
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has granted Bureaux de Change (BDC) operators temporary access to the Nigerian Foreign Exchange Market (NAFEM), which is the official market, as part of efforts to further strengthen…
By Modupe Gbadeyanka The chief executive of Access Bank Plc, Mr Roosevelt Ogbonna, has expressed the commitment of the company to building partnerships that drive sustainable growth. Speaking when the lender hosted the President of Germany…
By Adedapo Adesanya A recent survey by the Central Bank of Nigeria (CBN) says businesses have projected depreciation of the Naira in the first three months of 2025. In its Business Expectation Survey Report for November 2024, the CBN said…
By Paolo Abamwa Last month, The American Business Council, brought together cybersecurity experts, tech leaders, and industry professionals for a cybersecurity conference themed Digital Transformation and Cybersecurity in Africa: Enhancing…
By Dipo Olowookere Manufacturers of sachet water, popularly known as pure water, have increased the price of a bag of the product by about 67 per cent in Lagos. Business Post gathered that a bag containing 20 sachets of water, which…
By Modupe Gbadeyanka The duo of the African Export-Import Bank (Afreximbank) and Ecobank Group has joined forces to enable African businesses to benefit from seamless shared services. Based on the deal, the two organisations will integrate…
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange recorded a 0.46 per cent gain on Thursday, December 19, boosted by three stocks, which closed higher at the close of transactions. Nipco Plc improved its closing price…
By Adedapo Adesanya The Naira improved its value against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Thursday, December 19 by 0.18 per cent or N12.82 to sell at N1,541.38/$1 compared with the preceding…
By Dipo Olowookere The Nigerian Exchange (NGX) Limited continued its positive run on Thursday with a 0.77 per cent growth as its year-to-date (YtD) return increased to 35.41 per cent. This means that the nation’s stock market has grown…
By Adedapo Adesanya It was a bad day for the crude oil market on Thursday after central banks in the US and Europe signalled caution over further easing of monetary policy amid concerns that weak economic activity could dent oil demand…
By Dipo Olowookere The 2025 budget of N49.7 trillion presented to a joint session of the National Assembly by President Bola Tinubu on Wednesday scaled the second reading at the Senate on Thursday. The 2025 Appropriation Bill christened…
BERLIN/ROERMOND, GERMANY – Newsaktuell – 19 December 2024 – On 1 January, Ingo Kästner, Managing Director of PMG Presse-Monitor, will also take over the management of X-CAGO. The Dutch company is a leading international specialist for data…
By Modupe Gbadeyanka An innovative product designed to help consumers conveniently have their parcels or purchased items picked up or delivered seamlessly has been introduced by Uber. This product Uber package product known as Courier,…
By Adedapo Adesanya Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS), otherwise known as petrol, to below N900 per litre, in a move to provide much-needed relief for Nigerians ahead of the holiday season.…
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed in negative territory on Wednesday, December 18 after it gave up 0.68 per cent at the close of trading activities. The loss was influenced by the decline in the…
By Adedapo Adesanya The Naira was relatively stable against the US Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) segment of the currency market on Wednesday, December 18. The value of the local currency marginally…
By Adedapo Adesanya Oil prices appreciated on Wednesday after US crude inventories fell and the US Federal Reserve cut interest rates as expected, with Brent futures chalking up 20 cents or 0.27 per cent to trade at $73.39 per barrel and…
By Dipo Olowookere A 0.43 per cent growth recorded by the Nigerian Exchange (NGX) Limited on Wednesday has now moved the platform’s year-to-date (YtD) return to 34.38 per cent. It has been a roller coaster for the local stock market in…
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 19 December 2024 – With Bitcoin going through the roof in 2024 and the entire crypto market showing substantial growth, retail investors’ interest in this asset class also peaked. But how…
SINGAPORE – Media OutReach Newswire – 19 December 2024 – In the spirit of giving and togetherness, CKS Property Consultants, a property valuation company in Singapore, participated in a heartwarming Christmas celebration at Hope Centre…
Osome’s NPS has nearly tripled q-o-q, reflecting significant improvements in customer satisfaction and loyalty. CAC improved by 35% in the past six months through optimized spending and effective utilization of attribution channels,…
Osome’s NPS has nearly tripled q-o-q, reflecting significant improvements in customer satisfaction and loyalty. CAC improved by 35% in the past six months through optimized spending and effective utilization of attribution channels,…
By Adedapo Adesanya The federal government has announced plans to establish a youth bank to offer loans, grants and other financial products to support young entrepreneurs fostering innovation and job creation. According to the Minister of…
By Aduragbemi Omiyale The management of Dangote Refinery has picked a hole in the claims by the Nigerian National Petroleum Company (NNPC) Limited that it supported the business with a $1 billion loan when it was undergoing a liquidity…
By Adedapo Adesanya Nigeria has finally approved a $1.3 billion deal by Renaissance to buy Shell Plc’s onshore assets after it was initially rejected in October 2o24. The Minister of Petroleum Resources (Oil), Mr Heineken Lokpobiri, is…
By Adedapo Adesanya President Bola Tinubu has said his administration would not reverse his reformist policies as he presented the 2025 budget pegged at N47.90 trillion at the joint National Assembly on Wednesday. According to the…