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Business - Page 196

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

UBA Reports Record 149% Net Interest Income Growth Of N2trn In Q3

Business·News

UBA Sees 16% Profit Decline In H1 Despite Interest Income Surge

UBA Reports 16% Drop in Profit for H1 2024 United Bank for Africa (UBA) has reported a profit after tax of N316.4 billion for the first half (H1) of 2024. This figure marks a 16% decrease compared to the N378.2 billion the

September 30, 2024

Africa·Business·News

AfDB Pledges Support To Lagos Health Sector, Aims To Curb Nigeria’s $1bn Monthly Medical Tourism Loss

AfDB’s Commitment to Boost Lagos Healthcare Sector The African Development Bank (AfDB) has expressed its commitment to supporting Lagos State in improving its healthcare system to reduce Nigeria’s reliance on medical tourism. At least $2.4 trillion is being lost annually in global

September 30, 2024

Nigeria Needs Improved Security, Investment To Achieve Over 2 mbpd Crude Oil Production – Report

Business·News·Oil & Gas

Over 7m Barrels Of Crude Oil Stolen From Nigeria In 2023, NEITI Reports

Crude Oil Losses Fall Dramatically in 2023 Nigeria’s crude oil theft has seen a significant drop, according to the Nigeria Extractive Industries Transparency Initiative (NEITI). The latest report, covering 2022 and 2023, reveals that about 7.68 million barrels of crude oil were

September 30, 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, 30th September 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

September 30, 2024

#Nigeria@64: Nigerian Government Rolls Out 64 CNG Buses, Promises More Transport Solutions

Business·News

#Nigeria@64: Government Rolls Out 64 CNG Buses, Labour Wants More

Nigerian Government Unveils CNG Buses to Ease Transportation Costs The Nigerian Government introduced 64 compressed natural gas (CNG) buses on Sunday as part of its effort to address the country’s transport challenges. The rollout, which coincides with Nigeria’s 64th Independence anniversary, aims

September 30, 2024

Business·FEATURES·News

#Nigeria@64: A Nation At The Crossroads Amid Economic Hardships

As Nigeria marks its 64th Independence Day, there is little celebration nationwide. Instead, there’s growing frustration as many citizens express their concerns about the country’s state, particularly under the economic reforms introduced by President Bola Tinubu. Since assuming office, Tinubu’s policies have

September 30, 2024

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 29th September 2024

September 29, 2024

NGX Set To Lose N60bn As MRS Oil Nigeria Plc Plans To Delist Shares

Business·Markets·News

Nigerian Stock Market Gains N15.66trn Despite Economic Challenges

Stock Market Sees Record Gains Despite Economic Pressure Amid Nigeria’s turbulent economic conditions, the stock market recorded a significant N15.66 trillion gain in the first nine months of 2024. Investors have shown increasing confidence, investing in blue-chip companies despite ongoing inflation, a

September 29, 2024

Raw Material Costs Surge By 98.9% In H1 For Major Companies In Nigeria’s Industrial Goods Sector

Business·News

Raw Material Costs Surge By 98.9% In H1 For Industrial Goods Sector

Companies in the industrial goods sector of the Nigeria Stock Exchange (NGX) experienced a sharp rise in their raw material costs during the first half of 2024. According to financial reports, the cost of purchasing materials increased by 98.9%, reaching ₦331.51 billion

September 29, 2024

Business·News·Oil & Gas

Why 3 Million Barrels Of Oil Production Daily Is Achievable – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) is confident that Nigeria can reach a daily crude oil production level of 3 million barrels. Mr. Olufemi Soneye, the Chief Corporate Communications Officer of NNPCL, shared this view during a Stakeholders Engagement Session with

September 29, 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 196

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

UBA Sees 16% Profit Decline In H1 Despite Interest Income Surge

AfDB Pledges Support To Lagos Health Sector, Aims To Curb Nigeria’s $1bn Monthly Medical Tourism Loss

Over 7m Barrels Of Crude Oil Stolen From Nigeria In 2023, NEITI Reports

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 30th September 2024

#Nigeria@64: Government Rolls Out 64 CNG Buses, Labour Wants More

#Nigeria@64: A Nation At The Crossroads Amid Economic Hardships

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 29th September 2024

Nigerian Stock Market Gains N15.66trn Despite Economic Challenges

Raw Material Costs Surge By 98.9% In H1 For Industrial Goods Sector

Why 3 Million Barrels Of Oil Production Daily Is Achievable – NNPCL

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Business - Page 196

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