Business

Naira rises, now N1,405/$ in parallel market

Naira rises, now N1,405/$ in parallel market

The Naira yesterday appreciated to N1,405 per dollar from N1,410 in the parallel market on Wednesday. Likewise, the naira appreciated to N1,322.5 per dollar in the Nigerian Foreign Exchange Market, NFEM.
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Lafarge Africa records 63% revenue growth to N780.48bn in Q3’25

Lafarge Africa records 63% revenue growth to N780.48bn in Q3’25

By Peter Egwuatu   Lafarge Africa Plc, has announced revenue of N780.48 billion for the first nine months of 2025, Q3’25, representing a 63% increase from N479.49 billion recorded in the corresponding period of 2024, Q3’24. A detailed review of the results sent to the Nigerian  Exchange Limited, NGX shows a 246% surge in Profit After Tax […]

How to invest your money wisely (1)

How to invest your money wisely (1)

 A huge number of people lose money to bad investments because they do not know what to consider before putting their money in any investment offer.

NEM Insurance Revenue for Q2 2025 soars to ₦75.41bn as sector grosses ₦1.2tn

NEM Insurance Revenue for Q2 2025 soars to ₦75.41bn as sector grosses ₦1.2tn

Insurance companies in Nigeria have continued to demonstrate resilience in premium generation, as the industry’s gross written premium (GWP) surged to ₦1.21 trillion in the second quarter of 2025 — representing a 49.3% year-on-year growth compared to the same period in 2024, and a 57.8% quarter-on-quarter increase.