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Business - Page 333

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

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

Business·Markets

Jberger, Omatek, Others Top Gainers’ Chart As NGX Continues Its Bullish Run, Crossing 80,000 Mark

In a shift, the NGX’s bullish trend sees a surge beyond 80,000 points, with notable gains dominated by players like Jberger and Omatek. This upward trajectory pushes the All-Share Index to 80,324.53 points, marking a milestone for the market. READ ALSO: Bank Stocks’

January 8, 2024

Business·Entertainment

A Tribe Called Judah: How Nigerian Box Office Rakes In N19bn Revenue In 3 Years

Amidst a challenging global landscape, Nigeria’s box office has emerged as a beacon of resilience and success, amassing N19 billion in revenue over the past three years. This feat, propelled by a surge in ticket sales and a prolific outpouring of Nollywood

January 8, 2024

Saudi Arabia Issues Warning Of $50 Oil Price If OPEC+ Nations Fail To Comply

Business·Oil & Gas

Nigeria Mitigates OPEC Shortfall, Amidst UAE, Angola Oil Cuts

Last month, Nigeria emerged as a beacon of stability in the tumultuous world of oil production. As the UAE and Angola curtailed their outputs, Nigeria surged forward

January 8, 2024

How Nigeria Can Curb High Airfares On International Routes

Business·News

Airlines Receive $62m Windfall As CBN Eases Forex Woes By Repaying Banks $2bn Debt

The Central Bank of Nigeria (CBN) has taken a stride in reducing its backlog by repaying $2 billion to Deposit Money Banks, aiming to tackle the escalating volatility in the forex market. This repayment, aimed at clearing a portion of the $7

January 8, 2024

Forensic Expert Confirms Forgery Of Buhari’s Signature To Withdraw $26m

Business·News

New Charges Loom For Emefiele In Forex Scandal As Dangote Disputes Allegations

The Economic and Financial Crimes Commission (EFCC) has escalated its investigation into alleged fraudulent foreign exchange allocations during the tenure of former Central Bank Governor Godwin Emefiele, expanding its inquiries to over 85 entities, including corporate bodies and individuals. The move signals

January 7, 2024

Anambra Residents Lament As Cost Of Things Bite Harder

Business·News

Nigerian Govt To Drive Rice Production To Tackle Soaring Food Prices

In a bid to alleviate the surging food inflation gripping Nigeria, the Minister of Agriculture and Food Security, Abubakar Kyari, unveiled the Federal Government’s plans for an boost food crop production. Addressing reporters after a meeting with Jigawa State Governor Umar Namadi

January 7, 2024

Geometric's Aba Power Plant Set For Commissioning Monday February 26

Business·News

Power Crisis: NERC Threatens Strict Measures Against DisCos Over Load Rejection

In a bid to address the persistent power failure across Nigeria, the Nigerian Electricity Regulatory Commission (NERC) has expressed deep concern over the continuous electricity load rejection by power distribution companies (DisCos). Despite widespread blackouts affecting numerous regions in the country, the

January 7, 2024

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

Business·Currency·Markets·News

Cadbury, Guinness, Nestle Hit By Naira Depreciation As Report Reveals N472.3bn Loss

In a revelation by Meristem, some major consumer goods companies in Nigeria such as Cadbury, Guinness Nigeria, and Nestle, suffered a combined loss of N472.3 billion due to the depreciation of the Naira during the first nine months of 2023. The report

January 7, 2024

Business·Currency

Naira Appreciates To N869/$1 As Experts Debate Stability

Naira demonstrated fortitude by appreciating to N869.13/$1, thereby, gaining further ground against the dollar at the official market on Friday, marking its second advance in the New Year.

January 6, 2024

Business·Markets

Bank Stocks’ Surge Raises NGX’s All-Share Index By 2.11%, As Equities Rise By N900bn

NGX All-Share Index continued its upward trajectory, closing at 79,664.66 points, marking a 2.11% increase. This remarkable surge, fueled primarily by the banking sector

January 6, 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 333

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

Jberger, Omatek, Others Top Gainers’ Chart As NGX Continues Its Bullish Run, Crossing 80,000 Mark

A Tribe Called Judah: How Nigerian Box Office Rakes In N19bn Revenue In 3 Years

Nigeria Mitigates OPEC Shortfall, Amidst UAE, Angola Oil Cuts

Airlines Receive $62m Windfall As CBN Eases Forex Woes By Repaying Banks $2bn Debt

New Charges Loom For Emefiele In Forex Scandal As Dangote Disputes Allegations

Nigerian Govt To Drive Rice Production To Tackle Soaring Food Prices

Power Crisis: NERC Threatens Strict Measures Against DisCos Over Load Rejection

Cadbury, Guinness, Nestle Hit By Naira Depreciation As Report Reveals N472.3bn Loss

Naira Appreciates To N869/$1 As Experts Debate Stability

Bank Stocks’ Surge Raises NGX’s All-Share Index By 2.11%, As Equities Rise By N900bn

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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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SEC Orders Full Registration of Tradable Instruments by January 2026

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Business - Page 333

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