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Business - Page 245

Air Peace Ushers in Third Embraer 190, Reinforcing Capacity and Additional Festive Connectivity

In a continued demonstration of strategic fleet expansion within Nigeria’s dynamic aviation landscape, Air Peace Limited, West and Central Africa’s largest airline, has welcomed its third Embraer 190 aircraft, reinforcing its operational capacity to meet the heightened travel demand of the festive

December 16, 2025

Vessels Discharge Hitches Causing Fuel Scarcity – NNPC

Business·News

NNPC Retail Denies ‘Lubricants-for-Petrol’ Claims, Says Investigation Underway

The Nigeria National Petroleum Company (NNPC) Retail Limited has debunked allegations that a pump attendant in one of its outlets coerced customers to purchase lubricants or engine oil as a prerequisite for buying Premium Motor Spirit (PMS), also known as petrol. In

June 30, 2024

Naira Falls Against Dollar Across FX Markets

Business·News

Nigeria’s FX Reserves Rise To $34.14bn Amid World Bank Support

Nigeria’s Reserves Hit New High Nigeria’s foreign exchange (FX) reserves have reached $34.14 billion, marking a 4.06% increase from $32.74 billion on June 3, 2024. This data, released by the Central Bank of Nigeria (CBN), highlights a significant improvement in the country’s

June 30, 2024

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Africa·Business·News

Naira, Ghana Cedis, Egyptian Pounds Rated Worst Performing Currencies

Devaluation and Market Volatility Hit Naira Hardest The naira has emerged as the worst-performing currency globally in the first half of 2024, according to a Bloomberg report released on Friday. The report highlights that devaluation, insufficient dollar liquidity, and market volatility have

June 29, 2024

Business·Markets

Financial Markets Week-end Summary – June 28, 2024

Nigeria Borrows N7.71 Trillion In Q1 2024 The Debt Management Office (DMO) reported that Nigeria’s new borrowing in Q1 2024 was N7.71 trillion. This included N2.81 trillion from the N6.06 trillion domestic borrowing provided in the 2024 Appropriation Act and N4.90 trillion

June 29, 2024

6 Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year

Business·Markets·News

NGX All-share Index Breaks Threshold As Oil, Gas Drive Gains

NGX All-share Index Surpasses Psychological Milestone The Nigerian stock market All-share Index (ASI) broke past the 100,000-point threshold as trading activity picked up momentum. The milestone was reached after the stock market recorded three consecutive days of positive sessions against two days

June 29, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Markets·News

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

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the black market, also known as the parallel market

June 29, 2024

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

Business·Currency·News

CBN Revises Guidelines For Foreign Currency Deposits

The Central Bank of Nigeria (CBN) has released new guidelines for the deposit of foreign currency notes by Deposit Money Banks (DMBs). In a circular dated 27 June 2024 signed by CBN’s acting director, Currency Operations Department, Mohammed Olayemi, the apex bank

June 29, 2024

Business·News

Netizens React As Cost Of Healthy Diet In Nigeria Rises By 32% In 5 Months

The cost of Healthy Diet Soars The cost of a healthy diet (CoHD) in Nigeria has surged by 32 percent, reaching N1,041 per adult per day in May 2024, compared to N786 in December 2023. This data comes from the latest Cost

June 29, 2024

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Finance & Economy

Nigeria’s External Reserves Rises To $34bn, Highest Since March

Nigeria’s external reserves has surged to $34.07 billion in June. This was revealed in the latest forex reserves data published by the Central Bank of Nigeria (CBN) on its official website. The figure marks the highest level since March 2024. Prime Business

June 28, 2024

AMA News·Business

Mastercard Foundation Fund for Resilience and Prosperity

LONDON, England, 28 June 2024, /African Media Agency/- AFSIC – Investing in Africa is wholly focused on accelerating Africa’s economic emergence by matching investment opportunities in Africa transforming Africa’s business, trade and investment environment sustainably growing Africa’s economy and increasing African incomes in all business sectors at a

June 28, 2024

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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

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

What is the dollar-to-naira exchange rate on the black market,

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Business - Page 245

Air Peace Ushers in Third Embraer 190, Reinforcing Capacity and Additional Festive Connectivity

NNPC Retail Denies ‘Lubricants-for-Petrol’ Claims, Says Investigation Underway

Nigeria’s FX Reserves Rise To $34.14bn Amid World Bank Support

Naira, Ghana Cedis, Egyptian Pounds Rated Worst Performing Currencies

Financial Markets Week-end Summary – June 28, 2024

NGX All-share Index Breaks Threshold As Oil, Gas Drive Gains

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

CBN Revises Guidelines For Foreign Currency Deposits

Netizens React As Cost Of Healthy Diet In Nigeria Rises By 32% In 5 Months

Nigeria’s External Reserves Rises To $34bn, Highest Since March

Mastercard Foundation Fund for Resilience and Prosperity

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Air Peace Ushers in Third Embraer 190, Reinforcing Capacity and Additional Festive Connectivity

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Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

SEC Orders Full Registration of Tradable Instruments by January 2026

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

Amnesty International Lists Alleged Gross Human Rights Violations Under Buhari’s Administration

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Business - Page 245

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