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Business - Page 152

WINGING INTO THE HOLIDAYS: Air Peace Launches Daily Ibadan-Abuja Flights, Fares from ₦95,000

Air Peace Limited is set to revolutionize travel between Ibadan and Abuja with the resumption of daily return flights starting December 24, 2025. This move reinforces the airline’s commitment to enhancing domestic connectivity and passenger convenience, just in time for the

December 19, 2025

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Business·News·Top Stories

Naira Gains Stronger Footing As Dollar Dips To N1,567 Following CBN’s Fx Policy

The Naira strengthened significantly across foreign exchange markets on Thursday, closing at N1,567 to the dollar. This marks a N41 or 2.5% gain from Wednesday’s rate of N1,608 at the Nigerian Foreign Exchange Market (NFEM), according to data from the Central Bank

December 5, 2024

Business·News·Top Stories

UPDATE LIST: Companies Leaving Or Have Left Nigeria From 2020 Till Date

Every business owner, especially one who has survived past one of the most crucial parts of owning a business—the startup phase—wants to keep expanding. But then, how does any business owner (even multinationals) expecting to yield profits survive a 33.88% inflation rate?

December 5, 2024

Business·News·Top Stories

Sanwo-Olu Explains Nigerians’ Resistance To Tax Reform Bills

Governor Denies Lagos’ Dominance Over Tax Reform Bills Governor Babajide Sanwo-Olu of Lagos State has clarified misconceptions about the recently proposed tax reform bills, denying claims that Lagos would disproportionately benefit from the reforms. Speaking on the sidelines of the Africa Investment

December 5, 2024

Why Nigeria's Foreign Debt Rises To N30trn- Report

Business·News·Top Stories

How Naira Depreciation Shot Nigeria’s Foreign Debt To N30trn- Report

Naira Devaluation Drives Foreign Debt Increase Nigeria’s foreign debt has surged to N30 trillion in naira terms due to significant currency depreciation. The Debt Management Office (DMO) revealed that external obligations, although reduced in dollar value, have become far more burdensome in

December 5, 2024

PMS Price: Marketers Raise Concerns Over Epileptic Fuel Supply

Business·News·Oil & Gas

How Marketers Import 2.3bn Litres of Fuel In 3 Months Despite Local Refinery Operations

Marketers Persist with Fuel Imports Despite the operational launch of two major refineries in Nigeria, the Dangote Petroleum Refinery and the Port Harcourt Refining Company, oil marketers have continued to import fuel. Between September 11 and December 5, 2024, a total of

December 5, 2024

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, 5th December 2024

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

December 5, 2024

Port Harcourt Refinery Shutdown: Marketers Call On Minister, NNPCL GCEO To Intervene

Business·News·Oil & Gas

Port Harcourt Refinery: Mixed Feelings Over Nigeria’s Energy Future

The Long Journey to Resuscitating the Port Harcourt Refinery Nigeria’s Port Harcourt Refinery has long been a symbol of the nation’s struggle for energy independence. Once heralded as a beacon of industrial might, years of neglect turned it into a dormant shell,

December 5, 2024

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business·Markets·News

Nigeria’s Equity Market Posts Recovery, Gains N286bn In Value

Market rebounds after previous day’s losses Nigeria’s equity market bounced back on Wednesday, recording a 0.48% gain in market capitalisation, equivalent to N286 billion. This development followed the prior day’s decline, signalling renewed investor confidence. Trading activity showed significant volume, with 521,918,004

December 5, 2024

Publish Details Of Meter Purchase Refunds To Customers, NERC Orders DisCos

Business·Power

Electricity: NERC Extends DisCos’ Meter Upgrade To January 2025

The Nigerian Electricity Regulatory Commission (NERC), has again extended the deadline given to electricity distribution companies (DisCos), to replace upgrade meters for their customers. According to the Commission, the new date is now 1 January 2025, failing which they risk sanctions. In

December 5, 2024

Naira Opens Week With Gain Across FX Markets

Business·Currency·Markets·News

Naira Records Massive Gain Against Dollar At Black Market

The naira recorded a massive gain against the United States Dollar on Wednesday at the parallel market.The local currency appreciated to N1,700 per dollar at the parallel market also known as the black market. This represents N30 gain when compared to N1,730

December 5, 2024

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Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

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

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Business - Page 152

WINGING INTO THE HOLIDAYS: Air Peace Launches Daily Ibadan-Abuja Flights, Fares from ₦95,000

Naira Gains Stronger Footing As Dollar Dips To N1,567 Following CBN’s Fx Policy

UPDATE LIST: Companies Leaving Or Have Left Nigeria From 2020 Till Date

Sanwo-Olu Explains Nigerians’ Resistance To Tax Reform Bills

How Naira Depreciation Shot Nigeria’s Foreign Debt To N30trn- Report

How Marketers Import 2.3bn Litres of Fuel In 3 Months Despite Local Refinery Operations

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th December 2024

Port Harcourt Refinery: Mixed Feelings Over Nigeria’s Energy Future

Nigeria’s Equity Market Posts Recovery, Gains N286bn In Value

Electricity: NERC Extends DisCos’ Meter Upgrade To January 2025

Naira Records Massive Gain Against Dollar At Black Market

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Shari’ah Council Flags Alleged Alterations in Gazetted Tax Reform Laws, Demands Urgent National Assembly Review

WINGING INTO THE HOLIDAYS: Air Peace Launches Daily Ibadan-Abuja Flights, Fares from ₦95,000

Oworonshoki Demolitions: Residents Appeal to Gov. Sanwo-Olu as Homeowners Sacked

A Mentor’s Legacy: How Former FRSC Marshal Osita Chidoka Shaped a Generation of Public‑Sector Leaders

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Dollar Trades Flat In Black Market, Appreciates In Official Window

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SEC Orders Full Registration of Tradable Instruments by January 2026

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Business - Page 152

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