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Business - Page 332

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

Globacom Denies Owing MTN Interconnect Charges, Calls Disconnection Notice False

In a twist to the ongoing narrative, Globacom Ltd, Nigerian Telecommunications Company, refuted claims of indebtedness to MTN for interconnect charges. A reliable source within Globacom disclosed that the purported outstanding amount of N1.6 billion had indeed been settled without any dispute.

January 9, 2024

I Was Awake Until 3am So 400,000 NPower Beneficiaries Can Be Paid Before Christmas Minister

Business·News

Just In: Betta Edu Arrives EFCC HQ Over N585 Million Alleged Fraud

In a development, the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, has made an appearance at the Economic and Financial Crimes Commission (EFCC) headquarters. This move comes in response to an invitation extended by the EFCC in connection to

January 9, 2024

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

Business·Currency

Naira Appreciates To N856/$1 In Official Window As Afreximbank Injects $2.25bn Into FX Market

In a positive turn for the Nigerian economy, the Naira saw a surge against the dollar at both the official and parallel forex markets on Monday. The official exchange rate closed at N856.57 to a dollar, marking a 1.45% gain from the

January 9, 2024

Business·News

EFCC’s Invasion Of Dangote Group Office May Scare Away Potential Foreign Investors – MAN DG

The Manufacturers Association of Nigeria (MAN) has berated the Economic and Financial Crimes Commission (EFCC) for the invasion of Dangote Group Limited's office in Lagos last week.

January 9, 2024

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

Business·Oil & Gas

Dangote Refinery Ready To Begin Production As Crude Supply Hits 6m Barrels

Dangote Petroleum Refinery has marked a milestone as it announced the reception of its final shipment, totaling six million barrels of crude oil, essential for commencing its operations.

January 9, 2024

NO Cash In ATMs: CBN Slams N1.35bn On 9 Banks

Business

Naira Scarcity: ATM Usage Drops To 40% With Surge In Online Banking – KPMG

A report by KPMG titled "In Pursuit of Value" revealed a decline in weekly Automated Teller Machine (ATM) usage, dropping from 70% to 40% due to the scarcity of physical cash in circulation.

January 9, 2024

Jigawa Residents Spend More On Petrol As Price Rises By 223.21% To N770

Business·News·Oil & Gas

Nigerian Oil Marketers Assure Stable Fuel Prices, NNPCL To Bear Under-recovery Costs

Independent Petroleum Marketers Association of Nigeria (IPMAN), reassured the public on Monday that there are no plans to increase the pump price of Premium Motor Spirit (PMS), commonly known as petro

January 9, 2024

Business·News

ICAN Seeks Overhaul Of Anti-corruption Agencies To Boost Foreign Investment

To boost Nigeria's appeal to foreign investors, the Institute of Chartered Accountants of Nigeria (ICAN) has called for a comprehensive review of anti-corruption agency mandates.

January 9, 2024

Foreign Investors Capitalize On Nigeria’s Manufacturing Potential - Expert

Business

How Naira Redesign, Forex crisis, Fuel Subsidy Removal, Others Crippled Manufacturing Growth In Nigeria

The manufacturing sector in Nigeria faced an arduous 2023 due to a culmination of challenges stemming from government policies, as highlighted by the Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir.

January 9, 2024

Business·World News

EU Unveils New Import Control System For Maritime, Rail, Road

European Union’s new customs pre-arrival safety and security system, Import Control System 2 (ICS2), has introduced a new process for entry of goods by maritime and inland waterways, road and rail in the EU.

January 8, 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 332

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

Globacom Denies Owing MTN Interconnect Charges, Calls Disconnection Notice False

Just In: Betta Edu Arrives EFCC HQ Over N585 Million Alleged Fraud

Naira Appreciates To N856/$1 In Official Window As Afreximbank Injects $2.25bn Into FX Market

EFCC’s Invasion Of Dangote Group Office May Scare Away Potential Foreign Investors – MAN DG

Dangote Refinery Ready To Begin Production As Crude Supply Hits 6m Barrels

Naira Scarcity: ATM Usage Drops To 40% With Surge In Online Banking – KPMG

Nigerian Oil Marketers Assure Stable Fuel Prices, NNPCL To Bear Under-recovery Costs

ICAN Seeks Overhaul Of Anti-corruption Agencies To Boost Foreign Investment

How Naira Redesign, Forex crisis, Fuel Subsidy Removal, Others Crippled Manufacturing Growth In Nigeria

EU Unveils New Import Control System For Maritime, Rail, Road

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Business - Page 332

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