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Business - Page 118

Airplane Crashes at Owerri Airport – Four Injured, No Fatalities

A Skypower Express Cessna 172, registration 5N‑ASR, crashed during an emergency landing at Sam Mbakwe International Cargo Airport in Owerri, Imo State, on Tuesday night. The aircraft, which had departed Kaduna International Airport bound for Port Harcourt International Airport, declared an in‑flight emergency and diverted

December 17, 2025

Agro-Economy·Business·News

Nestle Invests Over ₦1.8bn in Dairy Development, Unveils Demonstration Farm

Nestlé Nigeria has launched a dairy demonstration farm in Paikon Kore, Abuja, as part of its commitment to the development of the local dairy industry in the country. The company said the initiative, which comes under the Nestlé Nigeria Livestock Development Project

February 11, 2025

Business·News·Oil & Gas

Why Monopoly Should Be Discouraged— Oil Marketers

Oil marketers in Nigeria, under the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), have called for a fair and competitive petroleum market where all players, including refiners, importers, depot owners, and retail outlets, can operate without restrictions. They emphasized that

February 11, 2025

Renewal Of MTN Nigeria Spectrum Lease With NTEL Boosts Connectivity Across States

Business·News

MTN Implements 50% Tariff Increase, Raises Data Prices

Nigeria’s largest telecommunications company, MTN, has begun implementing a 50% tariff increase on its data plans. The price adjustment, which was approved by the Nigerian Communications Commission (NCC) in January, does not affect call and SMS rates at the moment. A senior

February 11, 2025

Netizens Tackle MRS For Setting Petrol Price In South-east Higher Than Other Regions

Business·News·Oil & Gas

MRS Under Fire: Netizens Slam Petrol Price Disparity in Southeast

Netizens have criticised the new regional prices set by MRS Oil Nigeria for Premium Motor Spirit (PMS), commonly known as petrol. In a post on social media on Monday, the major oil marketing firm listed new prices of petrol in its retail

February 11, 2025

Nigeria Ranks 140 In 2024 Corruption Perception Index Amid Challenges

Business·News

Nigeria Improves On Corruption Perception Index, Ranks 140

Nigeria has slightly improved in the latest Corruption Perception Index (CPI) released by Transparency International, ranking 140 out of 180 countries in 2024. This marks an improvement from its position of 145 in 2023. The country’s score also increased from 25 out

February 11, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 11th February, 2025

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market also known as black market, especially the Aboki Fx as

February 11, 2025

Agro-Economy·Business·News

Steps To Successfully Export Palm Oil In 2025

Exporting palm oil is a great opportunity for Nigerian businesses to tap into international markets. However, success requires proper planning, compliance with global standards, and overcoming logistical hurdles. The demand for palm oil is high, but competition is fierce. Nigerian exporters must

February 11, 2025

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Markets·News

Nigeria’s Stock Market Declines By 0.04% As Investors Take Profits

Nigeria’s stock market dropped by 0.04% on Monday as investors took profits following a record rally last week. The market, which had gained N884 billion in value, saw a slight correction as some stocks recorded losses. Major losers on Monday included International

February 11, 2025

Manufacturers Association of Nigeria (MAN) has welcomed the six months waiver of Value-added Tax (VAT) on diesel granted by the Federal Government.

Business

MAN Kicks Against NPA’s 15% Tariff Hike

The Manufacturers Association of Nigeria (MAN) has bemoaned the proposed 15 percent increase in tariff by the Nigerian Ports Authority (NPA). The NPA announced on 6 February that it has obtained authorisation to raise its charges by 15% in order to improve

February 10, 2025

AMA News·Business

Nigeria: Leading Africa’s Digital Trade Revolution

1. Introduction LAGOS, Nigeria, 10 February 2025 -/African Media Agency (AMA)/- Africa’s digital trade and trade in services landscape has witnessed significant growth in recent years. Indeed, digital trade is transforming the continent’s economic landscape, creating new opportunities for real economic growth,

February 10, 2025

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Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

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Business - Page 118

Airplane Crashes at Owerri Airport – Four Injured, No Fatalities

Nestle Invests Over ₦1.8bn in Dairy Development, Unveils Demonstration Farm

Why Monopoly Should Be Discouraged— Oil Marketers

MTN Implements 50% Tariff Increase, Raises Data Prices

MRS Under Fire: Netizens Slam Petrol Price Disparity in Southeast

Nigeria Improves On Corruption Perception Index, Ranks 140

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 11th February, 2025

Steps To Successfully Export Palm Oil In 2025

Nigeria’s Stock Market Declines By 0.04% As Investors Take Profits

MAN Kicks Against NPA’s 15% Tariff Hike

Nigeria: Leading Africa’s Digital Trade Revolution

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