NGX Investors Lose ₦930 Billion As Dangote And Transcorp Lead …
Jan 16, 2025 · The Nigerian Exchange (NGX) faced a significant market downturn on Wednesday, with investors losing over ₦930 billion as inflation concerns weighed on sentiment. The latest inflation report, showing a spike to 34.8% in December, triggered widespread sell-offs across the market. The NGX All-Share ...
Exploring New Tax Reforms and Their Impact on Business Growth …
Nov 18, 2024 · Ibe Wada studied Mass Communication and a dedicated journalist. She is currently working with Bizwatch, an online media platform, where she applies her expertise in delivering impactful news stories and engaging reportage.
The Latest Business News In Nigeria Today
Jan 30, 2025 · BizWatchNigeria.ng points you to the latest business news, financial news. Exclusive news & intelligence on your business sectors
FG Set to Finalize $3.8bn Gas Supply Agreement in May
Apr 18, 2024 · The Federal Government has announced plans to execute the Gas Supply and Purchase Agreement (GSPA) in May 2024, marking a significant step towards supporting the Final Investment Decision for the $3.8 billion Brass methanol project. The Brass methanol project, a pivotal industrial endeavor located in Bayelsa State, aims to produce methanol—a vital industrial chemical—utilizing Nigeria’s
NGX Weekly: Investors Pocket N1.137 Trillion as Market Hits New …
Jan 13, 2025 · The Nigerian Exchange Ltd. (NGX) closed the week on a bullish note, with the All-Share Index (ASI) and Market Capitalisation appreciating by 1.80% each to settle at 105,451.06 points and N64.303 trillion, respectively. This marks a significant increase from the previous week’s figures of 103,586.
IMF Projects Nigeria’s Economy To Grow By 3.2% In 2025, Inflation …
Oct 23, 2024 · The International Monetary Fund (IMF) has forecasted that Nigeria’s economy will grow by 3.2% in 2025, while inflation is expected to decrease to 25% that same year. This was revealed in the IMF’s latest World Economic Outlook (WEO) report, which also projects global economic growth to remain steady at 3.2% in 2025, unchanged from 2024. […]
World Bank Projects 3.5% GDP Growth For Nigeria in 2025
Jan 17, 2025 · The World Bank has projected Nigeria’s economy to grow by 3.5% in 2025, rising slightly to 3.7% in 2026. These forecasts, published in the latest Global Economic Prospects report, signal a modest recovery amidst ongoing economic challenges and global uncertainties.. The report notes that Nigeria’s economic growth improved to an estimated 3.3% in 2024, driven by strong activity in the ...
NGX Transactions Hit N5.59 Trillion In 2024 - bizwatchnigeria.ng
Jan 29, 2025 · Trading activity on the Nigerian Exchange (NGX) reached a total of N5.59 trillion in 2024, showing significant growth and increased participation in the market. According to the NGX report summarizing trading activities as of December 31, 2024, domestic investors dominated the market. They accounted ...
How To Apply For N50,000 Presidential Grant, Requirements In 2024
May 30, 2024 · Businesses must meet certain requirements in order to get the cash, such as being a microbusiness with a National Identity Number and a Bank Verification Number. Should they be eligible, the N50,000 president grant will be deposited into their bank accounts. The goal of Minister Uzoka-Anite is to support one million microbusinesses in local government […]
NGX Gains ₦795 Billion As Banking, Consumer Stocks Surge
Jan 28, 2025 · The Nigerian Exchange (NGX) kicked off the week on a positive note, with market capitalisation rising by ₦795 billion. This growth was driven by strong investor interest in banking and consumer goods stocks. The NGX All-Share Index increased by 0.79%, closing at 104,418.95 points, while market ...