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Dollar to Naira Black Market Exchange Rate Today, Saturday, August 16th 2025
16/08/2025

Dollar to Naira Black Market Exchange Rate Today, Saturday, August 16th 2025

The Dollar to Naira exchange rate in the black market remains a key focus for businesses, importers, and individuals who rely on parallel market transactions

Access Holdings Delays Release of 2025 Half-Year Results, Secures NGX Filing Extension
15/08/2025

Access Holdings Delays Release of 2025 Half-Year Results, Secures NGX Filing Extension

Access Holdings Plc has announced a potential delay in the release of its Interim Audited Financial Statements for the Half Year ended June 30, 2025, citing

Headline Inflation Eases to 21.88% in July as Food Prices Moderate
15/08/2025

Headline Inflation Eases to 21.88% in July as Food Prices Moderate

Nigeria’s headline inflation rate eased to 21.88% in July 2025, down from 22.22% recorded in June, according to the latest Consumer Price Index (CPI) data

Bosquet Investments Acquires 21.22% Stake in Ecobank from Nedbank
15/08/2025

Bosquet Investments Acquires 21.22% Stake in Ecobank from Nedbank

Ecobank Transnational Incorporated (ETI), the parent company of Ecobank Group, has confirmed the signing of a purchase agreement between Nedbank Group Ltd.

Oando Completes First Tranche of Share Distribution Programme
15/08/2025

Oando Completes First Tranche of Share Distribution Programme

Oando PLC, listed on the Nigerian Exchange Limited and Johannesburg Stock Exchange, has announced the completion of Tranche One under its Share Distribution

Over 1,000 Firms Onboarded as FIRS Expands E-Invoicing Service Providers
15/08/2025

Over 1,000 Firms Onboarded as FIRS Expands E-Invoicing Service Providers

In a move to strengthen digital tax compliance, the Federal Inland Revenue Service (FIRS) has expanded the network of service providers supporting its

PenCom Backs Major Pension Overhaul to Boost Police Retirement Benefits
15/08/2025

PenCom Backs Major Pension Overhaul to Boost Police Retirement Benefits

The National Pension Commission (PenCom) has called on the Federal Government to implement sweeping reforms to improve the retirement benefits of police

Heirs Energies Sets Sights on 110,000 Barrels Daily Output by 2030
15/08/2025

Heirs Energies Sets Sights on 110,000 Barrels Daily Output by 2030

Nigerian oil producer Heirs Energies has unveiled an ambitious plan to double its crude oil output to 110,000 barrels per day by 2030.

Vodacom to Acquire Stake in Maziv After Competition Appeal Court Ruling
15/08/2025

Vodacom to Acquire Stake in Maziv After Competition Appeal Court Ruling

Vodacom Group Ltd. has secured approval from South Africa’s Competition Appeal Court for its R13.2 billion ($752 million) acquisition of a significant stake

Factory Output, Spending and Investment Weaken as China’s Economy Loses Steam
15/08/2025

Factory Output, Spending and Investment Weaken as China’s Economy Loses Steam

China’s economy slowed sharply in July as factory production, retail spending and fixed-asset investment all grew below expectations.

Oil Falls on Sluggish Economic Data, Rising Supply Forecasts
15/08/2025

Oil Falls on Sluggish Economic Data, Rising Supply Forecasts

Crude oil prices fell on Friday as weak economic data from the United States and China weighed on sentiment and forecasts of a market surplus.

Naira Stability Fuels Profit and Cash Flow Boom for Nigeria’s Corporate Heavyweights
15/08/2025

Naira Stability Fuels Profit and Cash Flow Boom for Nigeria’s Corporate Heavyweights

Nigeria’s largest listed companies are reporting record profits and exceptional operating cash flow in the first half of 2025, driven by the naira’s relative

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