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Business - Page 199

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·Markets·News

Naira Falls Amid Increased Forex Turnover To N15.74tn, Says FMDQ Report

Forex Turnover Soars as Naira Weakens The value of foreign exchange turnover in Nigeria surged to N15.74 trillion in August 2024, marking a 33.88% increase from July’s N13.23 trillion. This rise reflects intensified trading and investor activity, according to an FMDQ report.

September 26, 2024

Business·News

UNGA79: Tinubu Calls for Debt Relief, Urgent Global Action

Tinubu urges world leaders to address debt burden, hunger, and terrorism President Bola Tinubu on Tuesday made a strong case for debt forgiveness for Nigeria and other developing countries. He urged world leaders to act decisively to address global challenges, including hunger

September 25, 2024

Air Fare In Nigeria Surges By 56.56% In 1 Year

Business·News

Air Fare In Nigeria Rises By 56.56% In 1 Year

The cost of air travels within Nigeria has recorded a significant increase in the last one year. According to data released by the National Bureau of Statistics (NBS), the average fare paid by air travellers for specified routes single journey surged by

September 25, 2024

CPPE Highlights What Must Be Done To Sustain Disinflation In Nigeria

Business·News

CBN’s Interest Rate Hike Will Stifle Investment, Economic Growth – CPPE

The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns about the impact of the latest decision of the Central Bank of Nigeria (CBN) to raise interest rate on investments and economic growth in the country. The economic think tank

September 25, 2024

Dangote Refinery Reduces Ex-depot Price Of Diesel To ₦1,020 Per Litre

Business·News

Dangote Petrol Will Reduce FX Demand, Transport, Food Costs – CBN

The Central Bank of Nigeria (CBN) has expressed optimism that the supply of refined petrol from Dangote Petrochemical Refinery will reduce transportation costs, and food prices across the country. The CBN Governor, Dr Olayemi Cardoso, made this known during a briefing at

September 25, 2024

Top 10 African Countries With the Highest Number Of U.S. Green Cards Recipients

Business·News·World News

Top 10 African Countries With The Highest Number Of U.S. Green Card Recipients

The U.S. green card programme offers permanent residency to foreign nationals, allowing them to live and work in the United States. In recent years, African countries have seen a growing number of their citizens obtaining green cards, which is a crucial pathway

September 25, 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, 25th 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 25, 2024

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

Business·Markets·News

Nigeria’s Stock Market Rises By 0.18% Despite CBN Interest Rate Hike

Nigeria’s stock market saw a 0.18% increase on Tuesday, adding N104 billion in value despite the Central Bank of Nigeria’s (CBN) recent hike in the Monetary Policy Rate (MPR). The equity market has continued to grow this week, rising 0.33%, and 2.06%

September 25, 2024

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

Equity Market In Nigeria Surpasses 2023 Record With N3.47trn Trade In 8 Months

Nigeria’s equity market has broken records, reaching a staggering N3.47 trillion in transactions during the first eight months of 2024, significantly surpassing the N2.41 trillion traded throughout the entirety of 2023. This growth signals increasing activity and investor confidence, especially from local

September 25, 2024

Business·News

Nigeria’s Unemployment Rate Rises To 5.3% In Q1- NBS

Nigeria’s unemployment rate has risen to 5.3% in the first quarter of 2024, according to the latest report from the National Bureau of Statistics (NBS). This is an increase from the 5.0% recorded in the third quarter of 2023. The report highlights

September 25, 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 199

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

Naira Falls Amid Increased Forex Turnover To N15.74tn, Says FMDQ Report

UNGA79: Tinubu Calls for Debt Relief, Urgent Global Action

Air Fare In Nigeria Rises By 56.56% In 1 Year

CBN’s Interest Rate Hike Will Stifle Investment, Economic Growth – CPPE

Dangote Petrol Will Reduce FX Demand, Transport, Food Costs – CBN

Top 10 African Countries With The Highest Number Of U.S. Green Card Recipients

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 25th September 2024

Nigeria’s Stock Market Rises By 0.18% Despite CBN Interest Rate Hike

Equity Market In Nigeria Surpasses 2023 Record With N3.47trn Trade In 8 Months

Nigeria’s Unemployment Rate Rises To 5.3% In Q1- NBS

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SEC Orders Full Registration of Tradable Instruments by January 2026

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Business - Page 199

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