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Business - Page 197

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

How 47 Million People Are At Risk of Food Crisis By Mid-2025 – ECOWAS

Business·FEATURES·Markets·News

Nigerians Face Growing Hunger Crisis As Food Insecurity Reaches Critical Levels

A growing hunger crisis is gripping Nigeria, with a staggering 31 million people now struggling with food insecurity. The causes of this crisis are numerous, ranging from escalating insecurity across the country to economic challenges. According to a recent report by Cadre

September 29, 2024

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Currency·Markets

Naira Further Appreciates, Ends Week On Good Note

The Nigerian naira further appreciated at the official market on Friday, ending the week on a positive note. According to the Nigeria Autonomous Foreign Exchange Market (NAFEM) data published on the FMDQ Securities and Exchange platform, the naira exchanged ₦1540.78 per dollar

September 28, 2024

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

Business·Markets·News

Nigeria’s Equity Market Sees N120bn Rise Despite Interest Rate Hike

Equity Market Surges Amid Interest Rate Hike Nigeria’s equity market gained N120 billion last week, rising 0.21 percent despite a surprising interest rate hike by the Central Bank of Nigeria (CBN). The surge in the market was largely driven by buy-side decisions

September 28, 2024

Yahaya Bello: Court Dismisses Bail Application In N110bn Fraud

Business·News·Politics

Yahaya Bello’s Daughters’ School Fees Paid With $300,000- BDC Operator Tells Court

Jamilu Abdullahi, a Bureau de Change (BDC) operator based in Abuja, has testified in court about his role in the payment of $300,000 school fees for Yahaya Bello’s daughters. This testimony raises fresh questions about the financial dealings linked to the former

September 28, 2024

Business·News

Nigerian Airlines To Resume Flights To UAE As Keyamo Secures Reciprocal Rights

Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has concluded negotiations with the United Arab Emirates (UAE) for a new Bilateral Air Service Agreement (BASA) that will allow both countries to enjoy reciprocal rights of direct flight operations. Keyamo and his

September 27, 2024

Food Prices Remain High In Nigeria As Beans, Rice, Yam Take The Lead

Business·News

Inflation: Yam, Beans, Rice Lead High Food Prices In Nigeria

The biggest challenge many Nigeria households have faced in the last one year is the enduring high cost of food. Many popular staple foods in the country that were hitherto affordable, have experienced sharp spike in prices, making them out of reach

September 27, 2024

Why NNPC Is Facing Challenges Meeting Crude Supply Demands To Dangote Refinery- PENGASSAN

Business·News·Oil & Gas

Why NNPCL Can’t Meet Crude Supply Demands To Dangote Refinery- PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has disclosed why the Nigerian National Petroleum Company (NNPC) Limited is facing difficulties in supplying crude oil to the Dangote Refinery. The revelation was made by PENGASSAN President, Festus Osifo, during

September 27, 2024

Minimum Wage Crisis: Workers, Experts Weigh In On Nigeria's N70,000 Controversy

Business·News

NACCIMA Applauds N70,000 Minimum Wage Payment, Faults Threat For Defaulters

NACCIMA Commends New Minimum Wage The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has applauded the Federal Government’s decision to begin payment of N70,000 minimum wage to workers across the country. In a statement released by the National

September 27, 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, 27th 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 27, 2024

Business·Markets·News

Nigeria’s Equity Market Records First Decline After CBN’s Rate Hike, Investors Lose N267bn

Nigeria’s equity market saw a 0.47% drop on Thursday following the Central Bank’s decision to raise the Monetary Policy Rate. Equity Market Reacts to CBN Rate Hike Nigeria’s equity market experienced its first decline on Thursday after the Central Bank of Nigeria

September 27, 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 197

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

Nigerians Face Growing Hunger Crisis As Food Insecurity Reaches Critical Levels

Naira Further Appreciates, Ends Week On Good Note

Nigeria’s Equity Market Sees N120bn Rise Despite Interest Rate Hike

Yahaya Bello’s Daughters’ School Fees Paid With $300,000- BDC Operator Tells Court

Nigerian Airlines To Resume Flights To UAE As Keyamo Secures Reciprocal Rights

Inflation: Yam, Beans, Rice Lead High Food Prices In Nigeria

Why NNPCL Can’t Meet Crude Supply Demands To Dangote Refinery- PENGASSAN

NACCIMA Applauds N70,000 Minimum Wage Payment, Faults Threat For Defaulters

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 27th September 2024

Nigeria’s Equity Market Records First Decline After CBN’s Rate Hike, Investors Lose N267bn

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Business - Page 197

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