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Business - Page 313

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

Business·News

Why Borno, Adamawa, Kaduna, Others Risk Severe Food Crisis – World Bank

The specter of a severe food crisis looms over parts of Nigeria, with the World Bank shedding light on the underlying factors fueling this imminent threat. In its latest Food Security report, the bank singles out seven states in the North-west and

February 9, 2024

Nigerian Govt Must Prioritise Investment In Agriculture To Boost Economy – Experts

Agro-Economy·Business

High Food Costs: Only Targeted Govt Intervention To Boost Production Can Save Nigeria – Lawmaker

As the costs of items and other things continue to rise in Nigeria, the Federal Government has been advised to take concrete actions to address to and save the citizens from excruciating economic hardship.

February 8, 2024

NLC To Suspend Strike Action Against CBN, FG Intervenes In Dispute

Business·News

NLC, TUC Issue 14-Day Ultimatum To Federal Govt, Threaten Nationwide Strike

In a move aimed at compelling the Federal Government to address the longstanding grievances of Nigerian workers, the Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC) have jointly issued a 14-day nationwide strike notice. The unions accuse the

February 8, 2024

Business

PZ Cussons Reports £88.2m Loss Due To Naira Devaluation

PZ Cussons, renowned for its brands like Carex and Imperial Leather, announced £88.2 million loss stemming from the devaluation of the Nigerian naira.

February 8, 2024

Kaduna Refinery: The Role Of Local Refining In Nigeria's Fuel Economy

Business·Oil & Gas

How Delay Of Govt Approval Hinders Dangote Refinery Fuel Release

The much-anticipated release of aviation fuel (Jet A1) and diesel from the Dangote Petrochemical Refinery into the Nigerian market has hit a regulatory snag, delaying the commencement of sales.

February 8, 2024

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Business·Markets

NGX: Market Sentiments Waver As Trading Slows Down

Investors on the Nigerian Exchange witnessed subdued trading activities on Wednesday, resulting in a marginal depreciation in market capitalization to N55.87tn.

February 8, 2024

NAFDAC’S Sachet Alcoholic Ban Threatens 500,000 Jobs-FBTSSA, NUFBTE Lament

Business·News

NAFDAC’S Sachet Alcohol Ban Threatens 500,000 Jobs – FBTSSA, NUFBTE Lament

In a move that has sent shockwaves through Nigeria’s beverage industry, the ban on sachet alcohol by the National Agency for Food and Drug Administration and Control (NAFDAC) has drawn sharp criticism from the Food Beverage and Tobacco Senior Staff Association (FBTSSA)

February 7, 2024

Business·News

EFCC Launches Task Force To Combat Currency Mutilation, Dollarization

The Economic and Financial Crimes Commission (EFCC) has taken decisive action against currency mutilation and the pervasive dollarization trend. With a newly established task force across its zonal commands, the EFCC aims to stem the tide of abuses and distortions that threaten

February 7, 2024

Anti-Govt Protest: Lawmakers plead For Patience, Accept 50% Salary Cut

Business·News

Lawmakers To Probe Banks Over Non-Compliance With CBN Forex Directives

The Nigerian House of Representatives has directed its spotlight onto the banking sector’s handling of foreign exchange, issuing a directive to scrutinize compliance with Central Bank directives. This initiative, spearheaded by Committees on Banking Regulations and Banking Institutions, comes amid growing concerns

February 7, 2024

Business·News

Dangote Refinery Urges NUPENG, PTD Harmony Amid Leadership Dispute

Dangote Refinery management has issued a plea to the warring factions within the National Union of Petroleum and Natural Gas (NUPENG) and the Petroleum Tanker Drivers (PTD) leaders to resolve their internal strife.

February 7, 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 313

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

Why Borno, Adamawa, Kaduna, Others Risk Severe Food Crisis – World Bank

High Food Costs: Only Targeted Govt Intervention To Boost Production Can Save Nigeria – Lawmaker

NLC, TUC Issue 14-Day Ultimatum To Federal Govt, Threaten Nationwide Strike

PZ Cussons Reports £88.2m Loss Due To Naira Devaluation

How Delay Of Govt Approval Hinders Dangote Refinery Fuel Release

NGX: Market Sentiments Waver As Trading Slows Down

NAFDAC’S Sachet Alcohol Ban Threatens 500,000 Jobs – FBTSSA, NUFBTE Lament

EFCC Launches Task Force To Combat Currency Mutilation, Dollarization

Lawmakers To Probe Banks Over Non-Compliance With CBN Forex Directives

Dangote Refinery Urges NUPENG, PTD Harmony Amid Leadership Dispute

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