All posts in: Business
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2 years agoAfter 2 days of gains, Naira depreciates, exchanges at 418.88 to a dollar
After appreciating for two days, the Naira on Thursday fell in value against the US dollar by 0. 21 per cent at the Investors and Exporters windo...
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2 years agoSTOCK MARKET: Equity cap gains N301.85bn, despite losses in UAC, others
Following a 1.06% jump in the Nigerian bourse’s total share value on Thursday, the market capitalisation increased by N301.85 billion, to N28.65 ...
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2 years agoNigerian stock market exits losing spree as market cap rises by N345.9bn
The equity capitalisation of the Nigerian stock market closed at N28.35 trillion on Wednesday, after the bourse appreciated by 1.23%, IgbereTV rep...
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2 years agoNigeria, others need $432bn to fully recover from effects of COVID-19 – AfDB
The African Development Bank (AfDB) on Wednesday predicted slow economic growth for the continent in 2022, IgbereTV reports The Natio...
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3 years agoInvestors lose N36.9bn as Nigeria’s capital market continues bearish run
The Nigerian stock market extended its loss into this week with a -0.12 percent crash in equity capitalization on Monday, IgbereTV reports ...
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3 years agoCBN dismisses report on planned replacement of Naira with eNaira
The Central Bank of Nigeria (CBN) has dismissed report on planned replacement of Naira notes with the country’s digital currency, eNaira, IgbereTV repor...
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3 years agoYoung Orji Uzor Kalu Complains About His Delayed Recognition In 1987 (Throwback Photos)
In 1987, 27-year-old Chief Orji Uzor Kalu complained that his age delayed him for getting recognized by Imo State citizens for his ...
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3 years agoFirst 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...
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3 years agoInvestors 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 ...
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3 years agoNaira 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 ...
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3 years agoUS 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...
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3 years agoNaira 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 ...
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3 years agoBitcoin, 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...
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3 years agoNigeria, 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 ...
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3 years agoBlack 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...
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3 years agoShareholders 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 ...
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3 years agoHoneywell 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...
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3 years agoJP 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 ...
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3 years agoNaira 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...
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3 years agoTelcos 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...
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