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Business - Page 318

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

Energy, Exchange Rate, Transportation Top Three Drivers Of Inflation In Nigeria - CBN Survey

Business

Relocation Of Some CBN Units To Lagos Will Ensure Efficient Oversight Of Banks – Economist

As reactions continue to trail the decision of the Central Bank of Nigeria (CBN) to relocate some of its departments from Abuja to Lagos, some economic experts have averred that it is a step in the right direction aimed at ensuring effective

January 31, 2024

Business·Currency

Naira Fall: CBN Sets Limit For Banks To Manage Forex Risks

The Central Bank of Nigeria (CBN) has placed restrictions on the amount of foreign exchange that banks may retain to prevent losses. This is as the country’s economy continues to witness depreciation of the local currency, the naira.

January 31, 2024

Business

CBN, Foreign Airlines Differ On $700m Trapped Fund

The Central Bank of Nigeria (CBN) declared on Tuesday that it had settled all verified claims by foreign airlines, culminating in an additional payment of $64.44 million

January 31, 2024

Business·Oil & Gas

NNPCL Woos South Korean Investors To Gas Projects In Nigeria

In a move to harness Nigeria's abundant gas resources for global energy markets, the Nigerian National Petroleum Company Limited (NNPCL) has engaged in discussions with a South Korean consortium led by Daewoo E & C.

January 31, 2024

Business·News

Edo IGR Surges By 40% To N62bn

Edo State's Internally Generated Revenue (IGR) has witnessed a surge, leaping by over 40% from N45bn in 2022 to a staggering N62bn in 2023.

January 31, 2024

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business·Markets

NGX: Equity Market Cap Loses N857bn As ASI Dips By 1.49%

The Nigerian Exchange Group (NGX) on Tuesday experienced depreciation in its equity market capitalization, losing N857 billion.

January 31, 2024

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

Business·Currency

Naira Hits Record Low At N1,482/$1 In Official Market, Triggering Economic Concerns, Shutdown Fears

The Nigerian naira witnessed a further decline on Tuesday, 30 January 2024, closing at N1,482 against the US dollar.

January 31, 2024

Business

Fidelity Bank Supports Temile Development Company To Boost Nigeria’s Gas Revenues

Temile Development Company Ltd, a key indigenous player in the oil and gas industry, has commissioned a 23,000 cubic meters ultramodern Liquefied Petroleum Gas (LPG) Carrier, aimed at boosting Nigeria's domestic gas industry and the generation of gas revenues.

January 31, 2024

Oil Prices Surge Amid Middle East Conflict Fears, Brent Crude Nears $80 Per Barrel

Business·Oil & Gas

Global Oil Prices Surge Amid Geopolitical Tensions, Supply Gap Concerns

In the early hours of GMT+1, Brent crude hit $82.65 per barrel, reflecting a market grappling with uncertainties. U.S. WTI crude futures saw a 0.4% rise, reaching $77.09, bouncing back from Monday’s dip fueled by fears surrounding Chinese demand and the China

January 30, 2024

Naira Opens Week With Gain Across FX Markets

Business·Currency

Naira Crisis: ‘Nigeria May Become Like Zimbabwe’

Stakeholders and economic experts have continued to express concerns about the persistent depreciation of the value of Nigerian currency, the naira.

January 30, 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 318

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

Relocation Of Some CBN Units To Lagos Will Ensure Efficient Oversight Of Banks – Economist

Naira Fall: CBN Sets Limit For Banks To Manage Forex Risks

CBN, Foreign Airlines Differ On $700m Trapped Fund

NNPCL Woos South Korean Investors To Gas Projects In Nigeria

Edo IGR Surges By 40% To N62bn

NGX: Equity Market Cap Loses N857bn As ASI Dips By 1.49%

Naira Hits Record Low At N1,482/$1 In Official Market, Triggering Economic Concerns, Shutdown Fears

Fidelity Bank Supports Temile Development Company To Boost Nigeria’s Gas Revenues

Global Oil Prices Surge Amid Geopolitical Tensions, Supply Gap Concerns

Naira Crisis: ‘Nigeria May Become Like Zimbabwe’

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

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

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Dollar Trades Flat In Black Market, Appreciates In Official Window

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SEC Orders Full Registration of Tradable Instruments by January 2026

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Business - Page 318

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