All posts in: Business

    First Bank subsidiary acquires Access Bank’s pension business

    First Bank subsidiary, First Pension Custodian Nigeria Limited, has acquired Access Pension Fund Custodian Limited for an undisclosed amount, IgbereTV repo...

    Investors lose N83.2bn as Transcorp, Jaiz Bank drag Nigeria’s capital market down

    Investors at the Nigerian capital market lost N83.2 billion at the close of trading on Monday, IgbereTV reports Due to sell-off ...

    Naira to dollar exchange rate now N618/$1

    The poor performance of the Nigerian currency continued at the Black market segment of the foreign exchange (forex) market, IgbereTV reports On Monday morning, visits to ...

    US removes Chaka Technologies from list of unregistered firms

    The United States Securities and Exchange Commission (SEC) has removed Chaka Technologies from the list of unregistered entities offering securities to inves...

    Naira depreciates further, hits N608/$1 at black market

    Naira continued its depreciation against the US dollar on Monday as Nigerians were forced to pay for a dollar at N610 in Lagos, IgbereTV reports This was a ...

    Bitcoin, Dogecoin, other crypto investors lose $235.36bn: Where are funds going to?

    The cryptocurrency community continues to suffer heavy losses, as more cryproasset holders exit the market, plunging the total market v...

    Nigeria, 10 other ECOWAS countries in debt crises —Report

    Nigeria has been named in a new report alongside ten other countries within the Economic Community of West African States (ECOWAS) as having very serious debt ...

    Black market traders make millions as Naira falls to N606/$1

    Black market currency traders continue to profit from forex scarcity in the country as the gap between official and unofficial market exchange rates widen fur...

    Shareholders lose N52.3bn as investment in Nigeria’s capital market drops by -0.18%

    Investors at the Nigerian capital market lost N52.3 billion on Tuesday following the crash in equity capitalization by -0.18 percent ...

    Honeywell Group to invest in new sectors, amid N80bn acquisition deal

    The Managing Director of Honeywell Group, Obafemi Otudeko, has said the company would begin investing in new sectors following the deal between Honey...

    JP Morgan delists Nigeria from emerging market list, as govt plans another $950m debt

    JPMorgan has removed Nigeria from its list of emerging market sovereign recommendations over its fiscal woes, IgbereTV reports ...

    Naira falls to N600/$1 at black market

    Naira has finally hit the N600 to a dollar mark as forex scarcity pushes more businesses to patronize the unregulated market, IgbereTV reports Traders in some parts of Lagos...

    Telcos under investigation for unfair pricing, as FCCPC pledges fairness, sanity

    The Federal Competition and Consumer Protection Commission (FCCPC) has pledged to ensure consumer protection and the elimination of unfair...

    Nigerian govt announces rise in Nigeria’s gas reserve to 208.62 tcf, highest in Africa

    The Federal government has revealed that Nigeria’s gas reserve has recorded a slight increase from 206.53 trillion cubic feet in...

    BREAKING!!! Nigerian Domestic Airlines Shut Down Operations Monday May 9

    BREAKING!!! Nigerian Domestic Airlines Shut Down Operations Monday May 9 | #IgbereTV Nigerian airline operators have issued a notice that with ...

    NGX: Investors make N382.5m amid rush for Guinness, Conoil shares

    The Nigerian capital market continued its bullish run on Thursday following the rise in equity capitalization by 1.41 percent at the close of the day’s...

    Dangote Cement raises N116 billion to refinance debts

    Dangote Cement has raised N116 billion from banks and high networth individuals to repay the cement business rising debt, as well as finance other company-related op...

    Access Bank raises $50m from London stock market

    Access Holdings Plc has announced that its banking subsidiary, Access Bank, secured $50 million from the international capital market via a private placement on the Londo...

    Naira resumes trading, appreciates against the Dollar, Euro, Pounds

    The Nigerian currency, the Naira returned stronger from the holidays as it appreciated against the US dollar on Wednesday at the official market, Igber...

    Again, Nigeria fails to meet OPEC quota, loses N49bn

    For the fourth time this year, Nigeria again failed to meet the oil production quota allocated to member countries by the Organisation of Petroleum Exporting Countrie...

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