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Last updated: 2025-09-08 18:12:54
NASD Index Witnesses 0.04% Loss Despite Gains by Five Securities
Source: Business Post Nigeria

NASD Index Witnesses 0.04% Loss Despite Gains by Five Securities

By Adedapo Adesanya Despite closing with five prices gainers, the NASD Over-the-Counter (OTC) Securities Exchange witnessed a 0.04 per cent drop on Monday, August 4. The loss was influenced by Central...

Naira Gains N1.29 to Trade at N1,532$1 at NAFEM
Source: Business Post Nigeria

Naira Gains N1.29 to Trade at N1,532$1 at NAFEM

By Adedapo Adesanya The value of the Naira appreciated against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Monday, August 4 by N1.29 or 0.08 per cent to quot...

Value of Nigerian Stocks Surpasses N91trn After 1.99% Rise
Source: Business Post Nigeria

Value of Nigerian Stocks Surpasses N91trn After 1.99% Rise

By Dipo Olowookere It was another positive start to the week on the Nigerian Exchange (NGX) Limited on Monday after it further appreciated by 1.99 per cent at the close of business. The growth was dri...

How Kenyan banks are losing billions to fraud
Source: Standard Media

How Kenyan banks are losing billions to fraud

The revelations come as the Central Bank of Kenya (CBK) faces public scrutiny for failing to prevent bank failures linked to ill health and governance weaknesses....

Southco Introduces New T6 Stamped Friction Hinge
Source: Business Post Nigeria

Southco Introduces New T6 Stamped Friction Hinge

HONG KONG SAR – Media OutReach Newswire – 5 August 2025 – Southco has launched the new T6 Friction Hinge, a cost-effective access hardware solution that helps designers remove play f...

Study reveals how Kenyan banks lose billions to fraud
Source: Standard Media

Study reveals how Kenyan banks lose billions to fraud

The revelations come as the Central Bank of Kenya (CBK) faces public scrutiny for failing to prevent bank failures linked to ill health and governance weaknesses....

Afreximbank Leads $4bn Syndicated Financing for Dangote
Source: Business Post Nigeria

Afreximbank Leads $4bn Syndicated Financing for Dangote

By Adedapo Adesanya The African Export-Import Bank (Afreximbank) has announce the signing of a $1.35 billion financing facility to Dangote Industries Limited. According to a statement, the loan is par...

Abbey Mortgage Bank Appoints John Okonkwo to Board
Source: Business Post Nigeria

Abbey Mortgage Bank Appoints John Okonkwo to Board

By Aduragbemi Omiyale A risk management expert, Mr John Okonkwo, has been appointed to the board of Abbey Mortgage Bank Plc, a statement from the firm has confirmed. In a notice to the Nigerian Exchan...

Nigeria’s Oil Production Surpassed 1.8mbpd in July—NUPRC
Source: Business Post Nigeria

Nigeria’s Oil Production Surpassed 1.8mbpd in July—NUPRC

By Adedapo Adesanya The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that the country’s oil production surpassed 1.8 million barrels per day in July 2025. The head of...

WAEC Releases 2025 WASSCE Results
Source: Business Post Nigeria

WAEC Releases 2025 WASSCE Results

By Modupe Gbadeyanka Results for the 2025 West African Senior School Certificate Examination (WASSCE) have been released by the West African Examinations Council (WAEC). In a statement on Monday, the...

Nigeria’s Cocoa Output May Fall 11% in 2025-26 Season
Source: Business Post Nigeria

Nigeria’s Cocoa Output May Fall 11% in 2025-26 Season

By Adedapo Adesanya Nigeria’s cocoa output is projected to fall by 11 per cent to 305,000 tons in the 2025-2026 harvest season, Bloomberg reported on Monday. Cocoa is one of Nigeria’s agricultur...

NASD Investors Gain 1.88% in Trading Week 31
Source: Business Post Nigeria

NASD Investors Gain 1.88% in Trading Week 31

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange recorded a 1.88 per cent appreciation in Week 31, extending its bullish run to the fourth straight trading week. In the week, th...

Customs Hands Over Sub-Standard Drugs to NAFDAC
Source: Business Post Nigeria

Customs Hands Over Sub-Standard Drugs to NAFDAC

By Adedapo Adesanya The National Agency for Food and Drug Administration and Control (NAFDAC) has taken delivery of a batch of substandard and falsified goods seized by the Nigeria Customs Service (NC...

Shareholders Key Into UBA N157.8bn Rights Issue
Source: Business Post Nigeria

Shareholders Key Into UBA N157.8bn Rights Issue

By Aduragbemi Omiyale The N157.8 billion rights issue of the United Bank for Africa (UBA) Plc is gradually gaining traction, with shareholders already taking their rights so as not to miss out. The ex...

7 Delicious Ways to Enjoy More Fresh Vegetables Daily
Source: Business Post Nigeria

7 Delicious Ways to Enjoy More Fresh Vegetables Daily

By Diana Tenebe Vegetables are such a rich source of vitamins, minerals and fiber. They play a vital role in maintaining good health as they are low in calories and fat; contributing to various aspect...

D’Tigress of Nigeria Wins Fifth Straight AfroBasket Title
Source: Business Post Nigeria

D’Tigress of Nigeria Wins Fifth Straight AfroBasket Title

By Adedapo Adesanya Nigeria’s women basketball team, D’Tigress, on Sunday defeated Mali 78-64 to clinch an unprecedented fifth consecutive AfroBasket title. The victory was one of Nigeria’...

Local Supply Chain Support – From Seed to Sip
Source: Business Post Nigeria

Local Supply Chain Support – From Seed to Sip

By Abiola Laseinde From the soil of Northern Nigeria from where grains are sourced, to the bubbling breweries in the South that bottle joy, and finally to your glass, beer is more than just a beverage...

Tata to expand soda ash mining in Lake Magadi
Source: Standard Media

Tata to expand soda ash mining in Lake Magadi

Tata Chemicals Magadi has announced a significant expansion plan for its soda ash mining activities at Lake Magadi, which aims to increase production to 600,000 tonnes within five years....

Firms urged to embrace global standards
Source: Standard Media

Firms urged to embrace global standards

Firms have been urged to embrace International Financial Reporting Standards and International Public Sector Accounting Standards to attract capital and boost investor confidence....

National Oil, Rubis deal is a debt trap, House team warns
Source: Standard Media

National Oil, Rubis deal is a debt trap, House team warns

MPs have warned against the National Oil Corporation of Kenya and Rubis Energy Kenya deal, saying the transaction could quietly hand over critical State assets to private interests....

Fearless Freedom to Champion Global Economic Inclusion
Source: Business Post Nigeria

Fearless Freedom to Champion Global Economic Inclusion

By Modupe Gbadeyanka A bold new global advocacy initiative, Fearless Freedom, designed to address inequality and champion economic inclusion across the world has been launched. This is nearly one year...

Why Toshi.bet Is Becoming the Top No-KYC Crypto Casino in 2025
Source: Business Post Nigeria

Why Toshi.bet Is Becoming the Top No-KYC Crypto Casino in 2025

Looking for the best crypto casino in 2025? Compare Bitcasino, 20 Bet Casino, and Toshi.bet. No KYC, instant withdrawals, and top bonuses—Toshi.bet is setting a new global standard. Introduction: The...

NASD OTC Exchange Rallies by 0.33%
Source: Business Post Nigeria

NASD OTC Exchange Rallies by 0.33%

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed the week 0.33 per cent higher on Friday, August 1, supported by three price rises, which neutralised the loss posted by t...

NGX Index Grows 1.00% to Record High of 141,263.05 points
Source: Business Post Nigeria

NGX Index Grows 1.00% to Record High of 141,263.05 points

By Dipo Olowookere The first trading day of August 2025 on the floor of the Nigerian Exchange (NGX) Limited ended on a positive note, with a 1.00 per cent appreciation. The bourse continued its upward...

Naira Value Crashes 0.02% at NAFEM, Stable at Black Market
Source: Business Post Nigeria

Naira Value Crashes 0.02% at NAFEM, Stable at Black Market

By Adedapo Adesanya The Naira still moved in different directions in the various segments of the foreign exchange (FX) market on Friday, closing flat against the US Dollar at the black market at N1,54...

Airtel Nigeria Begins Free Hepatitis Vaccination for Employees
Source: Business Post Nigeria

Airtel Nigeria Begins Free Hepatitis Vaccination for Employees

By Modupe Gbadeyanka One of the leading telecommunications and digital service providers in the country, Airtel Nigeria, has taken its commitment to employee wellness and public health advocacy higher...

INEC Commences 2025 Voter Registration Exercise August 18
Source: Business Post Nigeria

INEC Commences 2025 Voter Registration Exercise August 18

By Adedapo Adesanya The Independent National Electoral Commission (INEC) has said that the 2025 Continuous Voter Registration (CVR) exercise would begin nationwide on August 18. The electoral body dis...

Insurers now warm up to health cover for the elderly
Source: Standard Media

Insurers now warm up to health cover for the elderly

He says, despite her requiring quality care due to her advanced age, very few insurance companies are willing to fully insure her, claiming that she is a high-risk client....

Fidelis Ayebae Retires as Fidson CEO, Abiola Adebayo Takes Over
Source: Business Post Nigeria

Fidelis Ayebae Retires as Fidson CEO, Abiola Adebayo Takes Over

By Aduragbemi Omiyale The founder of Fidson Healthcare Plc, Mr Fidelis Ayebae, has retired as the chief executive of the company, with Mr Abiola Adebayo succeeding him. Mr Ayebae stepped down from the...

Lagos Ports Modernization: The Time is Now!
Source: Business Post Nigeria

Lagos Ports Modernization: The Time is Now!

By Timi Olubiyi, PhD The bustling heart of Nigeria’s maritime economy is Apapa Lagos, and has long been the epicenter of trade and commerce in West Africa if I am not mistaken. Yet, beneath the...

Nigeria’s Balance of Payments Down 1.8% to $3.73bn in Q1 2025
Source: Business Post Nigeria

Nigeria’s Balance of Payments Down 1.8% to $3.73bn in Q1 2025

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has shown that Nigeria’s provisional Balance of Payments (BOP) data for the first quarter of 2025 dropped by 1.8 per cent to the current acc...

Tether Exposure to US Treasuries Climbs to $127bn
Source: Business Post Nigeria

Tether Exposure to US Treasuries Climbs to $127bn

By Aduragbemi Omiyale A leading figure in the global cryptocurrency landscape, Tether, has revealed that its exposure to the United States treasuries stood at $127 billion in the second quarter of 202...

AfDB Okays $46m Loan for Quality Healthcare in Sokoto
Source: Business Post Nigeria

AfDB Okays $46m Loan for Quality Healthcare in Sokoto

By Modupe Gbadeyanka A $46 million loan has been approved by the board of the African Development Bank (AfDB) Group to enhance healthcare access and quality in Sokoto State. The lender provided the fu...

Beta Glass Probit After Tax Surges 334% to N18.7bn in H1 2025
Source: Business Post Nigeria

Beta Glass Probit After Tax Surges 334% to N18.7bn in H1 2025

By Aduragbemi Omiyale Despite the macroeconomic challenges in Nigeria, Beta Glass Plc demonstrated resilient, closing the first half of 2025 strong with a 334 per cent surge in profit after tax after...

NASD OTC Index Soars 3.23% to 3,689.43 Basis Points
Source: Business Post Nigeria

NASD OTC Index Soars 3.23% to 3,689.43 Basis Points

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange jumped by 3.23 per cent on Thursday, July 31, with the Unlisted Security Index (NSI) rising by 17.23 points to close at 3,689.43...

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