Naira Records Weekly Gain, Hits ₦1,534.72/$ at Close
The Naira closed the week on a positive note, gaining 4.52 kobo against the U.S. dollar at the official market…
Category: Business
Eko Atlantic Real Estate Soars, Plots Hit ₦2bn – Report
A plot of land in Eko Atlantic, which was valued at around N180m in the early 2000s, has now skyrocketed…
Otudeko Exits First Holdco with Massive N323bn Share Sale
A key shareholder in Nigeria’s oldest banking group, First Bank Holding Company Plc (First Holdco), Oba Otudeko, has exited the…
Nigeria Records $527m Decline in Exports to US Over Trade Frictions
The trade relationship between the United States and Nigeria has suffered a significant setback, as official data from the US…
GTCO Plans $100M Capital Raise, Eyes London Stock Exchange Listing
Guaranty Trust Holding Company Plc has announced plans to raise approximately $100m through a fully marketed equity offering and transition…
Oil Prices Flunctuates as Middle East Tensions and Trade Disputes Escalate
Oil prices and equities fluctuated Tuesday as investors weighed Donald Trump called for Tehran residents to evacuate and hopes that…
Afreximbank Chief Urges End to Capital Flight from Africa
The President and Chairman of the Board of Directors of Afreximbank, Prof. Benedict Oramah, has stated that Africa will remain…
Labubu Creator Wang Ning Enters China’s Billionaire Elite With $22.7 Billion Fortune
Wang Ning, founder and CEO of Pop Mart International Group, has broken into China’s top 10 richest individuals for the…
FG to Attract Private Investment for Infrastructure at 2025 PPP Summit
The Federal Government will host a landmark Public-Private Partnership Summit in Abuja from June 17 to 18 as part of…
Stocks Increase as US And China Trade Talk Progresses Into The Second Day
Stocks mostly rose on Tuesday as the latest round of China-US trade talks entered its second day. One of Donald…