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Published on 10:10 GMT

Naira Slides to ₦1,602/$1 as Dollar Shortage and Weak Inflows Deepen Pressure on FX Market

Nigeria’s local currency, the naira, continued its descent against the U.S. dollar, closing at ₦1,602.02/$1 at the official window on Tuesday, April 29, 2025. This movement signals ongoing weakness in the foreign exchange (FX) market, driven by …

Source: The News Chronicle - Neutral
Published on 07:53 GMT

Naira Firms Against US Dollar Amid Rising External Reserves And CBN FX Interventions

The Nigerian naira posted marginal gains against the US dollar in the official foreign exchange window, buoyed by improved external reserve levels and sustained intervention by the Central Bank of Nigeria (CBN). On the Nigerian Foreign Exchange Market ( …

Source: Biz Watch Nigeria - Indeterminate
Published on 11:00 GMT

Nigeria Must Recalibrate its Policy Priorities to Achieve Inclusive Growth, National Stability — Prof. Uba

In a strongly worded policy advisory released today, Prof. Chiwuike Uba, renowned development economist and Chairman of the Board of the ACUF Initiative for Policy and Governance, has called for a decisive, inclusive, and well-sequenced approach to Nigeria …

Source: News Diary Online - Indeterminate
Published on 07:53 GMT

MTN Nigeria Returns To Profitability, Declares N133.7bn Q1 Profit

MTN Nigeria Communications Plc has posted a profit after tax of N133.7 billion for the first quarter of 2025, marking its first return to profitability since 2023. The development signals a turnaround for Nigeria’s largest telecommunications operator, …

Source: Biz Watch Nigeria - Indeterminate
Published on 11:20 GMT

Forex Trading in South Africa: Essential Tips

Forex trading in South Africa presents an opportunity for local traders to engage with the global financial landscape. Understanding the complexities of the Forex market is crucial for beginners aiming for success. In this article, we will explore vital …

Source: Prompt News Online - Neutral
Published on 10:45 GMT

Naira weakens further, hits N1,602/$1 at official market

The naira continued its downward trajectory on Tuesday, April 29, 2025, closing at N1,602.02/$1 at the official Nigerian Foreign Exchange Market (NFEM). This is according to data published by the Central Bank of Nigeria (CBN). This represents a further …

Source: Nairametrics - Neutral
Published on 12:56 GMT

MTN Nigeria records ₦133.7 billion profit in Q1 2025, its first since 2023

MTN Nigeria Communications Plc has reported a profit after tax of ₦133.7 billion ($102.85 million) for the first quarter of 2025, marking a significant recovery from a ₦392.7 billion loss in the same period last year. The telecom operator announced a 41% …

Source: Technext - Neutral
Published on 06:15 GMT

Naira Weakens to N1,601/$1 at Official Market, N1,610/$1 at Black Market

By Adedapo Adesanya The Naira witnessed a 0.12 per cent or N1.96 depreciation against the US Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Monday, April 28, trading at N1,601.38/$1 compared with the N1,599.42/$1 it was …

Source: BusinessPost Nigeria - Indeterminate
Published on 11:06 GMT

Naira crashes further as forex shortage deepens in official, parallel markets

The Nigerian naira extended its depreciation on Tuesday, April 29, 2025, closing at N1,602.02 per dollar at the official Nigerian Foreign Exchange Market (NFEM), according to data released by the Central Bank of Nigeria (CBN). This marks a further decline …

Source: Idoma Voice - Center-right
Published on 05:55 GMT

From cocoa to currency: Unlocking Nigeria’s economic stability through Agribusiness

Nigeria stands at a critical crossroads. With inflation surging, foreign exchange markets under pressure, and the economy grappling with the aftershocks of subsidy removals and policy instability, the question on every business leader’s mind is: Where do …

Source: Business Day - Neutral
Published on 10:45 GMT

MTN Nigeria’s revenue hits N1 trillion, bounces back to profitability in Q1 2025

MTN Nigeria recorded a N1 trillion revenue in the first quarter of this year, buoyed by the recent tariff increment implemented in the middle of February 2025. Compared with Q1 2024, this represents a 40.5% increase in revenue, even as the impact of the …

Source: Nairametrics - Neutral
Published on 12:46 GMT

Stable naira, tariffs boost MTN Nigeria Q1 profit to N133.7bn

MTN Nigeria posted a profit after tax of N133.7 billion in the first quarter of 2025, rebounding from a loss of N392.7bn in the same period last year. The turnaround was driven by a surge in operating profit and a sharp decline in foreign exchange losses. …

Source: Punch - Indeterminate
Published on 11:45 GMT

MTN Nigeria Posts $102.85 Million Q1 Profit Amid Strategic Recovery

MTN Nigeria reported a profit after tax of $102.85 million for the first quarter of 2025, marking its second consecutive profitable quarter and signaling a turnaround from a $302.08 million loss in the same period last year. The telecom operator attributed …

Source: News Ghana - Indeterminate
Published on 12:47 GMT

“If he abuses the dollar on Nigerian soil, what’s wrong with it?” – Actor Okon Lagos queries EFCC over E-Money

Nigerian actor and comedian Ime Bishop Umoh, better known as Okon Lagos, has queried the EFCC over E-Money’s arrest. Kemi Filani reported that E-Money had been allegedly arrested by the Economic and Financial Crime Commission for alleged Naira abuse on …

Source: Kemi Filani News - Pending
Published on 06:13 GMT

Why Ponzi scheme thrives in Nigeria

The emergence of “Ponzi Scheme” in the annals of investment’s Lexicon albeit a globally notorious phenomenon, was not a recent development. Its historical antecedent was set in motion with the celebrated Charles Ponzi scheme which came to the fore in the …

Source: The Guardian (Nigeria) - Indeterminate
Published on 10:45 GMT

At IMF Nigeria is winning praise, but the money isn’t flowing—this is why

In a chartered room on the 14th floor of the NASDAQ Building in Times Square, New York, sat a high-powered mix of global finance heavyweights, investors from JP Morgan, Standard Chartered, and other top institutions. Beside them were influential members of …

Source: Nairametrics - Neutral
Published on 08:32 GMT

Early Detection of Unregistered Financial Institutions in Nigeria: Mechanisms, Gaps, and Global Lessons

Unregistered and unlicensed financial institutions – often including fraudulent investment schemes, illegal deposit-takers (so-called “wonder banks”), or other unauthorized financial operators – pose a serious threat to investors and the stability of …

Source: Daily Trust - Pending
Published on 12:56 GMT

Nigerian telecom operators to boost internet delivery with $1bn investment

The Nigerian Communications Commission (NCC) has announced that Nigerian telecom operators have ordered network infrastructure worth over $1bn from original equipment manufacturers in China. The move has spelt a significant return to capital investment for …

Source: Technext - Neutral
Published on 12:38 GMT

TotalEnergies Nigeria grows shareholders’ funds amid earnings drop

TotalEnergies Marketing Nigeria Plc’s first-quarter 2025 financial report paints a mixed picture — one of short-term earnings pain but long-term balance sheet strength that may reassure value-focused investors. Revenue for the quarter fell by 18 percent, …

Source: Business Day - Neutral

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Published on April 30, 2025 - 13:13 GMT

Euro money market study 2024

The 2024 Euro money market study provides a comprehensive analysis of euro money markets using trade data from the 45 largest euro area banks. It examines five key segments of the euro money markets: (i) secured transactions – repurchase agreements (repos) …

Distribution channels: Banking, Finance & Investment Industry
Published on April 30, 2025 - 10:46 GMT

ECB study shows money market turnover rose from 2022 to 2024

30 April 2025 Money market rates efficiently reflected changes in the ECB’s deposit facility rate, used by Governing Council to steer monetary policy stance Increased daily money market activity, dominated by secured and foreign exchange swap segments High …

Distribution channels: Banking, Finance & Investment Industry

Published on April 30, 2025 - 10:30 GMT

Norwegian Cruise Line Holdings Reports First Quarter 2025 Financial Results

Company delivers solid first quarter performance Full year 2025 profitability guidance maintained MIAMI, April 30, 2025 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (together with NCL Corporation Ltd. (“NCLC”), “Norwegian Cruise …

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Published on April 30, 2025 - 11:00 GMT

Brookfield Infrastructure Reports Solid First Quarter 2025 Results

BROOKFIELD, News, April 30, 2025 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure, BIP, or the Partnership) (NYSE: BIP; TSX: BIP.UN) today announced its results for the first quarter ended March 31, 2025. “We delivered …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on April 30, 2025 - 10:00 GMT

Constellium Reports First Quarter 2025 Results and Maintains Full Year 2025 Guidance

PARIS, April 30, 2025 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) ("Constellium" or the "Company") today reported results for the first quarter ended March 31, 2025. First quarter 2025 highlights: Shipments of 372 thousand metric …

Distribution channels: Business & Economy, Mining Industry ...
Published on April 30, 2025 - 10:30 GMT

Oatly Reports First Quarter 2025 Financial Results

MALMÖ, Sweden, April 30, 2025 (GLOBE NEWSWIRE) -- Oatly Group AB (Nasdaq: OTLY) (“Oatly”, the “Company” or the “Group”), the world’s original and largest oat drink company, today announced financial results for the first quarter ended March 31, 2025. Jean- …

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Published on April 30, 2025 - 12:00 GMT

Capital Power announces strong first quarter 2025 results

EDMONTON, Alberta, April 30, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended March 31, 2025. Highlights Entered into a definitive agreement to acquire two natural gas-fired power …

Distribution channels: Business & Economy, Energy Industry ...
Published on April 30, 2025 - 12:00 GMT

CTS Announces First Quarter 2025 Results

LISLE, Ill., April 30, 2025 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE: CTS), a leading global designer and manufacturer of custom engineered solutions that “Sense, Connect and Move,” today announced first quarter 2025 results. “Our global teams continued …

Distribution channels: Business & Economy, Electronics Industry ...

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Published on April 30, 2025 - 13:04 GMT

Kevin O’Leary Recording on Flower Turbines' Small Wind Energy Available on Last Day of Investment Round

Kevin O’Leary Recording on Flower Turbines' Small Wind Energy Available on Last Day of Investment Round LUBBOCK, TX, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- In a recent webinar with Kevin O’Leary and Flower Turbines’ CEO, Dr. …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on April 30, 2025 - 13:00 GMT

Vault Verify Continues Expansion of Industry-Leading Vault EDGe Gateway

New Partners and Expanded Service Offerings Drive Continued Growth NEW SMYRNA BEACH, FL, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Vault Verify, a leader in outsourced employment and income verifications (VOIE), has announced new …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 13:00 GMT

Payroll Provider to Small Businesses in Maryland, IBN Technologies Delivers Secure and Cost-Effective Solutions

Payroll provider for small businesses in Maryland, delivering safe, scalable, and cost-effective payroll solutions. MIAMI, FL, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Payroll management remains a critical yet complex challenge for …

Distribution channels: Banking, Finance & Investment Industry ...
Published on April 30, 2025 - 13:00 GMT

LendSmart to Implement OttoMoto® Platform to Streamline Auto Lending

The Subprime Auto Finance company and OttoMoto team up to streamline loan approvals and speed up funding for dealers. ATLANTA, GA, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Auto dealers can now access faster loan approvals, reduced …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on April 30, 2025 - 12:33 GMT

One Foundation Awards Phase II Implementation Grant to Expand Child Care Access in Southern West Virginia

Grant supports Together We Grow's expansion to tackle child care shortages across Fayette County and neighboring communities in Southern West Virginia. OAK HILL, WV, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- The One Foundation has …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 12:21 GMT

Squaretalk Deepens Security Infrastructure with AI Voice Analytics, Brute-Force Defense & Enterprise-Grade Compliance

The platform acts on meeting the needs for real-time monitoring, credential security, and audit-ready transparency as cyber risks and compliance pressure rise. JERUSALEM, ISRAEL, April 30, 2025 /⁨EINPresswire.com⁩/ -- In a week where Iran …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 12:00 GMT

Guadalupe County Properties 2025 Tax Assessment Increases Differ between Residential & Commercial

O'Connor discusses how the Guadalupe County properties 2025 tax assessment increases differ between residential and commercial property. SAN ANTONIO, TX, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- In 2025, the Guadalupe Appraisal …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on April 30, 2025 - 12:00 GMT

25th Annual ACC Capital Governor’s Cup Celebrates Southern Student Entrepreneurs, Awards Over $140,000 in Prizes

LITTLE ROCK, AR, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Undergraduate and graduate students from colleges and universities across the Southern United States gathered in mid-April for the 25th annual ACC Capital Governor’s Cup Collegiate …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 11:54 GMT

Findability Sciences Deepens Global AI Footprint with Strategic Multi-Million Dollar Expansion in Mumbai, India

New Mumbai Hub and Innovation & Delivery Centre Poised to Boost Innovation, Enhance Global Client Delivery, and Accelerate AI-driven Growth BOSTON, MA, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Findability Sciences, a leading …

Distribution channels: Banking, Finance & Investment Industry, Healthcare & Pharmaceuticals Industry ...
Published on April 30, 2025 - 11:53 GMT

AssetWatch Secures $75M in Series C Funding

Plans to Accelerate Predictive Maintenance Innovation & Scale Successful Business Model Internationally COLUMBUS, OH, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- AssetWatch, Inc., the fast-growing leader of end-to-end predictive …

Distribution channels: Agriculture, Farming & Forestry Industry, Automotive Industry ...
Published on April 30, 2025 - 11:51 GMT

The Pivot Master Solution Brings Energy-Efficient Irrigation to Farmers in Africa

New standard in sustainable agriculture with the Pivot Master Solution, an innovative irrigation system that transforms the way farmers power pivot irrigation. GEORGE, WESTERN CAPE, SOUTH AFRICA, April 30, 2025 /⁨EINPresswire.com⁩/ -- Tripple …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on April 30, 2025 - 11:48 GMT

NCDF Unveils Multi-Sector Programs to Power Nigeria’s Sustainable Future

From affordable housing to venture funding and clean energy partnerships, NCDF is leading a new era of inclusive national development. ABUJA, NIGERIA, April 30, 2025 /⁨EINPresswire.com⁩/ -- The Nigerian Capital Development Fund (NCDF), Nigeria’s …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 11:38 GMT

London Real Founder Brian Rose Fights Modrick Buck at Crypto Fight Night: A Battle Beyond Boxing

Brian Rose enters the ring at Crypto Fight Night in Dubai, fighting for visionaries, risk-takers, and the bold: stream it live via London Real. DUBAI, UNITED ARAB EMIRATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Entrepreneur, broadcaster, and …

Distribution channels: Banking, Finance & Investment Industry, Media, Advertising & PR ...
Published on April 30, 2025 - 11:00 GMT

Nexos Invest Expands Lending Capabilities to Support Real Estate Growth in Florida

Nexos Invest strengthens its lending operations, aiming to support Florida's booming real estate market and fuel continued growth and development. AVENTURA, FL, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Nexos Invest, a leading …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on April 30, 2025 - 10:00 GMT

Retirement Tax Consultants Says Before Converting to Roth, Get a Roth Analysis First

Compare the Cost of Converting vs Cost of Not Converting MCKINNEY, TX, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- For individuals contemplating whether to convert their traditional IRAs, 401(k)s, and other tax-qualified retirement plans …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 10:00 GMT

Canadian startup Just Meeting Rooms launches in the UK

Just 2 years old and in over 100 North American cities, Just Meeting Rooms is now in the UK with almost 100 meeting rooms for hire by the hour or by the day. TORONTO, ONTARIO, CANADA, April 30, 2025 /⁨EINPresswire.com⁩/ -- After only 2 years in …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 09:48 GMT

EBC Profunde su Compromiso con United to Beat Malaria con una Nueva Asociación y su Primer Patrocinio una Carrera de 5K

Desde la asociación estratégica hasta la acción de los empleados en todo el mundo, EBC se une al movimiento global para acabar con la malaria una vez por todas. DC, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- A medida que el mundo …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 09:48 GMT

EBC Profunde su Compromiso con United to Beat Malaria con una Nueva Asociación y su Primer Patrocinio una Carrera de 5K

Desde la asociación estratégica hasta la acción de los empleados en todo el mundo, EBC se une al movimiento global para acabar con la malaria una vez por todas. DC, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- A medida que el mundo …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 09:46 GMT

EBC Financial Group renova parceria com a United to Beat Malaria e patrocina sua primeira corrida de 5 km

Desde parcerias estratégicas até a ação global de seus colaboradores, o EBC se une ao movimento global para erradicar a malária de uma vez por todas. DC, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Enquanto o mundo celebra o Dia Mundial …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 09:17 GMT

EBC Financial Group нь дэлхий даяар хумхаа өвчнийг дарахын тулд Юнайтедтай хамтын ажиллагаагаа өргөжүүлж байна

Стратегийн түншлэлээс эхлээд EBC -ийн олон улсын ажилтнуудын идэвхтэй оролцоо хумхаа өвчнийг устгах хөдөлгөөнд нэгдлээ WA, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Дэлхий нийтээрээ "Дэлхийн Хумхааны Өдөр"-ийг “Хумхаа …

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