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Business - Page 169

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

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

Business·Markets·News

Nigerian Stock Market Surges As Top 10 Brokers Trade Over N2.5trn

Stock Market Surge Driven by Top 10 Nigerian Brokers The Nigerian stock market saw significant growth in the first 10 months of 2024, led by the top 10 stockbroking firms that collectively traded equities valued at N2.528 trillion. This figure represents 55.08%

November 6, 2024

Dangote Petrol Price Cut: We Expected Lower Price – Nigerians

Business·FEATURES·Oil & Gas

Why We Need Effective Regulation As Dangote Refinery, Marketers Clash Over Petrol Price

While Nigerian consumers grapple with high cost and scarcity of Premium Motor Spirit (PMS) also known as petrol, Dangote Refinery and petroleum marketers have been embroiled in a feud over supply and price. This development, according to experts, calls for government intervention

November 5, 2024

Dangote Misleads Nigerian Govt On N500m Of Fuel Storage, Pushes NNPC To Buy Petrol At ₦990/Litre

Business·News·Oil & Gas

Dangote Misleads Tinubu On N500m Fuel Storage, Pushes NNPC To Buy Petrol At ₦990

Dangote’s Fuel Supply and Pricing Raises Questions in Nigeria’s Oil Market Billionaire industrialist, Aliko Dangote, reportedly misled President Ahmed Tinubu about having 500 million litres of fuel in storage. Despite this claim, Dangote is said to be pushing the Nigerian National Petroleum

November 5, 2024

Beneath The Bandages: How Nigeria’s Inflation Rate Is Bleeding Hospitals Dry

Business·FEATURES·News

Beneath The Bandages: How Nigeria’s Inflation Rate Bleeds Hospitals Dry

Rising Costs Squeeze Nigeria’s Health Sector As inflation bites deeper in Nigeria, hospitals and clinics find themselves facing severe financial pressures. The cost of almost everything from medical supplies to equipment maintenance, has reached the rooftop. According to a recent data from

November 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 November 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

November 5, 2024

Petrol Price Or Pretense: Nigerians Question Dangote Refinery’s N990 Fuel Amid Rising Hardship

Business·FEATURES·News·Oil & Gas

Nigerians Question Dangote Refinery’s N990 Price As Fuel Hardship Deepens

As Nigeria battles with the challenges of inflation, economic hardship, and fluctuating fuel prices, a new layer of frustration is emerging. The Dangote Refinery, widely anticipated as a game-changer for Nigeria’s fuel industry, recently announced its pricing structure, selling petrol at N990

November 5, 2024

Business·News·World News

US Election 2024: A Tug Of Fate For Nigeria’s Economy As Naira, Markets Hold Breath

The US Election 2024 and Nigeria: A Crossroads for Economic Impact As Americans prepare to vote in the US Election 2024, Nigeria, along with other emerging markets, is on high alert. The outcome could have substantial implications for Nigeria’s financial landscape, influencing

November 4, 2024

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

Business·News

Nigerian Forex Market Update: Uncertainty Lingers As Naira Struggles Amid Policy Shifts

Uncertain Terrain: The Nigerian Forex Market Update Despite numerous interventions by the Central Bank of Nigeria (CBN), the Nigerian forex market remains turbulent. While some reports indicate positive shifts, many Nigerians and experts feel the stability is fleeting. Recent data reveal the

November 4, 2024

AMA News·Business

ChitChat Launches Global Remittances, Expanding Financial Services Features

LUSAKA, Zambia, 4th November 2024 -/African Media Agency (AMA)/- ChitChat, a leading African social commerce platform, today announced the launch of its new remittance feature, which enables seamless cross-border money transfers across 13 countries worldwide. This feature expands the financial services users can

November 4, 2024

AMA News·Business

Locally-built EVs launch new mobile storefront for African telcos

Robert van Breukelen, CEO of Itemate Solutions NAIROBI, Kenya, 04 November 2024 -/African Media Agency (AMA)/- Stellenbosch-based electric vehicle (EV) company MellowVans has partnered with Itemate Solutions to launch a new mobile store solution for African telcos. Neil du Preez, CEO at MellowVans, the

November 4, 2024

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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 169

Airplane Crashes at Owerri Airport – Four Injured, No Fatalities

Nigerian Stock Market Surges As Top 10 Brokers Trade Over N2.5trn

Why We Need Effective Regulation As Dangote Refinery, Marketers Clash Over Petrol Price

Dangote Misleads Tinubu On N500m Fuel Storage, Pushes NNPC To Buy Petrol At ₦990

Beneath The Bandages: How Nigeria’s Inflation Rate Bleeds Hospitals Dry

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

Nigerians Question Dangote Refinery’s N990 Price As Fuel Hardship Deepens

US Election 2024: A Tug Of Fate For Nigeria’s Economy As Naira, Markets Hold Breath

Nigerian Forex Market Update: Uncertainty Lingers As Naira Struggles Amid Policy Shifts

ChitChat Launches Global Remittances, Expanding Financial Services Features

Locally-built EVs launch new mobile storefront for African telcos

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Business - Page 169

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