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Business - Page 320

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

Jeff Bezos Ex-wife, MacKenzie Scott, Sells $10bn Amazon Shares

MacKenzie Scott, ex-wife of Amazon’s founder Jeff Bezos, has divested $10 billion worth of Amazon shares over the past year, marking a shift in her investment portfolio.

January 27, 2024

Business·Markets

Insurance Firms, Seplat Drive NGX To N317bn Gain As ASI Continues Bullish Run

Insurance firms, Seplat Energy, JapaulGold, and May& Baker Plc spearheaded a remarkable surge, propelling the Nigerian Exchange (NGX) to a significant N317bn gain, marking the 12th consecutive day of bullish momentum.

January 26, 2024

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Currency

5 Measures To Stabilize Naira As Value Sinks To New Low Of N1,400/$1

Concerns about the impact of persistent depreciation of the value of the naira on Nigerian economy have continued to worry stakeholders in different stakeholders.

January 26, 2024

Dangote Refinery: Fueling Nigeria's Economic Resurgence or Monopoly Menace?

Business·Oil & Gas

Dangote Refinery: ‘Catalyst For Naira Value Enhancement, Economic Growth’

In the pursuit of strengthening the value of the Nigerian Naira, financial experts have advocated a strategic increase in crude oil production in conjunction with the anticipated impact of the Dangote Refinery.

January 26, 2024

Business·News

NOVAmbl Asset Management Dollar Fixed Income Fund Named Best Performer Of 2023

NOVAmbl Asset Management’s Dollar Fixed Income Fund has been named as the best-performing Dollar Fund in 2023 by Nairametrics, the leading financial information and content creation company based on data from the Securities & Exchange Commission (SEC).

January 25, 2024

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business·Currency

Danger Looms As Naira Depreciates To N1,410/$1 At Black Market Amid High Demand, Economic Challenges

In a turn of events, the Nigerian Naira witnessed a depreciation, hitting a historic low of N1,410 against the US dollar on Thursday. This 3.29% decline, amounting to N45 weaker than the previous day’s closing rate of N1,365, underscores the severity of

January 25, 2024

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Business·FEATURES

Naira’s Uphill Battle: Unraveling The Forces Behind Its Continuous Depreciation

In the intricate dance of global currencies, the Naira finds itself caught in a relentless downward spiral, grappling with a depreciation that shows no sign of abating.

January 25, 2024

Capital Importation: Banking Sector Records Highest Inflow In Q3 2024

Business·Currency

US Dollar Surges As ECB Keeps Mum On Interest Rates

The US Dollar gains strength following the European Central Bank’s decision to keep interest rates unchanged, leaving traders puzzled amid expectations of a possible cut. The market awaits ECB Chairman Christine Lagarde’s communication, which contradicts her earlier suggestion of a cut near

January 25, 2024

CBN Reveals JP Morgan’s Intention After Report On Nigeria’s Foreign Reserves

Business·Finance & Economy

NNPC, Others Now Remit Dollar Revenue To CBN To Boost Nigeria’s Depleting Foreign Reserves

In a move, the Central Bank of Nigeria (CBN) has announced a collaboration with the Nigeria National Petroleum Corporation Limited (NNPCL) and the Ministry of Finance to channel all dollar revenues directly to the CBN. Governor Olayemi Cardoso, speaking at the Nigerian

January 25, 2024

Emerging Economies Face $220bn Budget Cuts Amid Looming Debt Crisis - Oxfam Warns

Business·News

Nigeria, Others’ Debt Will Hit $863bn In 2024 – Report

Sub-Saharan Africa, grappling with a 52.32% surge in external debt to $863.38bn by 2024, is poised for a pivotal year, as Financial Derivatives' report reveals.

January 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 320

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

Jeff Bezos Ex-wife, MacKenzie Scott, Sells $10bn Amazon Shares

Insurance Firms, Seplat Drive NGX To N317bn Gain As ASI Continues Bullish Run

5 Measures To Stabilize Naira As Value Sinks To New Low Of N1,400/$1

Dangote Refinery: ‘Catalyst For Naira Value Enhancement, Economic Growth’

NOVAmbl Asset Management Dollar Fixed Income Fund Named Best Performer Of 2023

Danger Looms As Naira Depreciates To N1,410/$1 At Black Market Amid High Demand, Economic Challenges

Naira’s Uphill Battle: Unraveling The Forces Behind Its Continuous Depreciation

US Dollar Surges As ECB Keeps Mum On Interest Rates

NNPC, Others Now Remit Dollar Revenue To CBN To Boost Nigeria’s Depleting Foreign Reserves

Nigeria, Others’ Debt Will Hit $863bn In 2024 – Report

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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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