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EXCLUSIVE: Nigerian Top Businessmen Dangote, Okonjo-Iweala, Otedola Among 100 Notable Africans To Be Honoured At Rwanda 2025 Summit
Top Nigerian business guru, Aliko Dangote, president of the Dangote Industries Limited (DIL), Femi Otedola, chairman of First HoldCo Plc, Ngozi Okonjo-Iweala, director-general of World Trade Organisation (WTO), are among the personalities to be honoured at the 100 most notable Africans leadership and business summit in Rwanda. The event billed to be held from July […] More
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in BusinessToday 24th May 2025 Black Market Dollar (USD) To Naira (NGN) Exchange Rate
The naira which has seen steady appreciation against the dollar all week closed stronger on Friday, trading at ₦1,580.44 in the official forex market. Data from the Central Bank of Nigeria’s website show that the naira gained ₦4.51k against the dollar on Friday. This marks a 0.28 per cent appreciation from Thursday’s closing rate of […] More
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in BusinessFACT CHECKING: What You Should Know Before You Buy A Used Cars
Nigerians are known for their deep love for cars. It’s rare to find a car model—luxury or otherwise—that doesn’t grace Nigerian roads. From sleek sedans to rugged SUVs and performance machines, the streets of cities like Lagos, Abuja, and Port Harcourt are filled with a wide variety of vehicles. Some Nigerians will go to great […] More
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Dangote: “52 Kobo Out of Every 1 Naira Earned by Domestic Investors Goes to Govt as Taxes”
Aliko Dangote, Africa’s richest man and President of the Dangote Group, has raised concerns about the heavy tax burden on domestic investors in Nigeria. Speaking on the challenges of doing business in the country, Dangote stated: “For every 100 kobo (1 Naira) you make as a domestic investor, 52 kobo goes to the federal government […] More
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in BusinessHow IFC, Canada, Invest $5M In Husk Nigeria Over Renewable Energy
The International Finance Corporation has signed a $5 million investment in Husk Nigeria to expand access to reliable, renewable energy in underserved communities across Nigeria. The funding, done with the support of Canada, was disclosed in a statement on Thursday in Lagos. The financing will support the rollout of Husk’s portfolio of solar hybrid mini […] More
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in BusinessBREAKING: MTN, CITN Begins Tax Reforms For National Development
MTN Nigeria and the Chartered Institute of Taxation of Nigeria have canvassed urgent tax reforms to boost national development. They made the call on Wednesday in Abuja at the ongoing 27th annual tax conference of CITN. Both organisations highlighted the importance of public-private collaboration in fostering fiscal transparency and sustainable national development. During a plenary […] More
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in BusinessBREAKING: Seplat Energy Plans On Well Revival, Output Growth
Samson Ezugworie, Seplat Energy CEO, says the company is prioritising the revival of existing wells in its SEPNU asset. At Seplat Energy’s 12th annual general meeting on Wednesday, Mr Ezugworie noted plans to invest in further drilling campaigns to boost performance and increase production output. He added that the company is increasing gas volumes through […] More
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in BusinessMeet The Leading Five Oil Companies by Revenue in 2024 and Their CEOs
According to the research gathered by LeadNaija, below are the leading five oil companies by revenue in 2024 and Their CEOs: 1. Aradel Holdings CEO: Adegbite Falade Compensation: N2.43 billion FY 2024 Financial Results: Revenue: ₦581.0 billion (↑ 162.7% YoY) Gross Profit: ₦319.8 billion Operating Profit: ₦297.4 billion Profit Before Tax: ₦321.6 billion (↑ 186.7% […] More
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BREAKING: Brent Crude Price Surges to $63 Amid Rising Demand for Cheaper Oil
Lagos, Nigeria – Brent Crude oil prices have surged to $63 per barrel, marking a significant rise from earlier in the week when the price was below $60. The increase is being driven by heightened demand, fueled by the availability of cheaper crude oil in the global market, LeadNaija Reported Experts suggest that the surge […] More
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in BusinessToday 8th April 2025 Black Market Dollar (USD) To Naira (NGN) Exchange Rate
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 7th April, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira today in the black market? […] More
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NNPCL Newly Appointed Management Team [Full Profile, Background, Career)
The Nigerian National Petroleum Company Limited (NNPC Ltd) on Friday announced the appointment of eight individuals into its new look management team. LeadNaija reports that the team will be headed by Bashir Bayo Ojulari, as the Group Chief Executive Officer (GCEO). The new management team include; Adesuwa Dozie, Secretary and Chief Legal Officer; Rowland Ewubare […] More
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in Business10 Worst Performing Stocks Rating: Why Futu Holdings Ltd. (FUTU) Performed Worst On Friday?
We recently published a list of Friday’s 10 Worst Performing Stocks. In this article, we are going to take a look at where Futu Holdings Ltd. (NASDAQ:FUTU) stands against other Friday’s worst performing stocks. The stock market suffered a bloodbath anew on Friday as investors digested news of a growing trade war, with China making […] More
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