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Business - Page 251

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

Intra-Africa Trade: Nigeria Ranks Fourth, Follows South Africa, Cote d’Ivoire, Egypt

Business·News

Nigeria’s Trade With UK Drops By 25% Despite Naira Devaluation

Trade Statistics Show Decline Nigeria’s trade with United Kingdom(UK) has plummeted by 25% in the first quarter of 2024, despite the higher value realised from the naira devaluation. This information comes from the recent foreign trade statistics report by the National Bureau

June 20, 2024

Nigeria Customs Scaring Away Importers From Ports With High Duties T PACI President

Business·News

Nigeria Customs Revenue Rises By 74%, Hits N4trn Amidst Strategic Reforms

Revenue Milestones The Nigeria Customs Service (NCS) has announced an increase in its revenue collection, reaching N4.49 trillion between June 2023 and May 2024. This marks a 74% rise compared to the same period the previous year, as revealed by Comptroller-General of

June 20, 2024

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

Business·Markets·News

Nigerian Equity Market Suffers N47bn Loss Post Eid Holiday

Investors in the equity market experienced a notable loss of about N47 billion on Wednesday as the Nigerian Exchange resumed trading after the two-day Eid al-Fitr holiday. The market faced a bearish trend, with the All-Share Index and market capitalization falling by

June 20, 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, 20th 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 20, 2024

AMA News·Business

Nearly two thirds of Nigerian and three quarters of Ghanaian professionals are willing to work abroad

Fourth global study on International Mobility Trends by BCG, The Network, The Stepstone Group, and local partner The African Talent Company (TATC) features survey data from more than 150,000 workforce respondents from 188 countries, including Nigeria and Ghana One in four professionals

June 19, 2024

AMA News·Business

Six in ten Kenyan professionals are willing to work abroad

Fourth global study on international mobility trends by BCG, The Network, The Stepstone Group, and local partner The African Talent Company (TATC) features survey data from more than 150,000 workforce respondents from 188 countries, including Kenya One in four professionals globally and

June 19, 2024

Nigeria's Food Crisis: Corruption, Mismanagement To Blame?

Business·News

Nigeria’s Inflation Crisis: Economy On The Brink Of Collapse?

High Inflation Strains Nigerian Wallets In May 2024, Nigeria’s inflation rate surged to a 28-year high of 33.95%, driven by soaring food prices. The National Bureau of Statistics (NBS) reported that food inflation alone hit 40.66%. This steep rise is due to

June 19, 2024

Dangote Refinery: Of Hopes, Drools And Jokes

Business·News·Oil & Gas

Dangote Refinery Breaks Into Asian Market With First Fuel Oil Shipment

Dangote Refinery is making headlines with its first shipment of low-sulfur straight-run fuel oil (LSSR) from Nigeria to Singapore. This marks a milestone as the refinery ventures into the Asian market for the first time. Ship tracking data and market sources confirm

June 19, 2024

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 19th 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 19, 2024

Business·Oil & Gas

Asharami Synergy Leads Aviation Fuel Market, Applauds IATA’s Sustainability Efforts

Asharami Synergy Limited, a Sahara Group downstream company in Nigeria has attributed its sterling performance in the aviation fuel market to the firm’s commitment to safety, technology-driven solutions and environmental sustainability.

June 18, 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 251

Airplane Crashes at Owerri Airport – Four Injured, No Fatalities

Nigeria’s Trade With UK Drops By 25% Despite Naira Devaluation

Nigeria Customs Revenue Rises By 74%, Hits N4trn Amidst Strategic Reforms

Nigerian Equity Market Suffers N47bn Loss Post Eid Holiday

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 20th June 2024

Nearly two thirds of Nigerian and three quarters of Ghanaian professionals are willing to work abroad

Six in ten Kenyan professionals are willing to work abroad

Nigeria’s Inflation Crisis: Economy On The Brink Of Collapse?

Dangote Refinery Breaks Into Asian Market With First Fuel Oil Shipment

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 19th June 2024

Asharami Synergy Leads Aviation Fuel Market, Applauds IATA’s Sustainability Efforts

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