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Business - Page 334

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

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

Business·Markets·News

Nigerian Stocks Surge By 6.54% In First Week Of 2024 Amidst Sustained Investor Confidence

Amidst a surge in trading activity and a marked uptick in market indices, the Nigerian Exchange Limited (NGX) closed the first week of 2024 on a positive trajectory. The All-Share index witnessed a significant surge of 6.54%, reaching 79,664.66 points, instigating optimism

January 6, 2024

Business·News·World News

UN Warns Of Looming Global Growth Crisis Amid Rising Tensions

The United Nations’ World Economic Situation and Prospects (WESP) 2024 report sounded the alarm on a distressing economic future, citing persistent low growth as a looming threat to sustainable development. The report, released on Friday, painted a grim picture of weakening global

January 6, 2024

Business·News

EFCC’s Raid On Dangote Group Threatens Nigeria’s Economy, Lawmaker Warns

The intrusion by the Economic and Financial Crimes Commission (EFCC) into the premises of Dangote Group has sparked concerns about its potential negative impact on Nigeria’s economy. The EFCC’s visit to the Dangote Group’s headquarters in Lagos was reportedly aimed at investigating the

January 6, 2024

Business·Entertainment·News

NNPCL, Infinix, Netizens Gift Lady Mocked For Waking Up At 4.50am To Cook For Husband

The Nigerian National Petroleum Company Limited (NNPCL) has extended a gesture of appreciation to #_Debbie_OA, a trending social media figure, by offering an N200,000 PMS voucher. The company, acknowledging her daily 4:50 a.m. routine of preparing meals for her husband, commended her

January 6, 2024

Business·News

GSK, JSM Exit Will Further Squeeze Nigeria’s Health Sector – Obi

Presidential candidate of the Labour Party in the 2023 general elections, Mr Peter Obi, has decried the continued shutdown of operations by foreign companies in Nigeria, warning that such development has detrimental effect on the economy.

January 6, 2024

Why No Plan To Withdraw Dormant Refining Licences – Nigerian Govt

Business·News·Oil & Gas

Port Harcourt Refinery Begins Operations After Test-run This Month – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that the test run on the 60,000-barrels-per-day (bpd) Port Harcourt refinery is on course and would be concluded this month. Femi Soneye, the NNPCL’s spokesperson, gave the affirmation on Thursday that the impending

January 5, 2024

Business·World News

How Crypto Startup Founder, Bill Lou, Lost $125,000 To Airdrop Scam

Bill Lou, co-founder of Nest Wallet, a crypto startup dedicated to enhancing wallet security, has fallen victim to scammers, losing $125,000 while attempting to claim an airdrop. Expressing his shock and devastation, Lou shared, “I just got scammed out of $125k of

January 5, 2024

Business·News

Why Foreign Investment Continues To Decline In Nigeria – KPMG

KPMG has highlighted reasons for decline in Foreign Direct Investment and the impact on Nigeria’s economy.

January 5, 2024

Business·News

NGX Imposes Mandatory Compliance Training On Multi-Trex Integrated Foods, Infinity Trust Mortgage Bank Following Breaches

Nigerian Exchange Limited has taken decisive action against Multi-Trex Integrated Foods Plc and Infinity Trust Mortgage Bank Plc, instructing them to undergo Mandatory Compliance Training after non-compliance with post-listing regulations.

January 5, 2024

Nigeria’s power generation has risen to 5,313 Mega Watts (MW), first time in three years, says the Minister of Power, Bayo Adelabu.

Business·Power

‘Nigeria Needs $2.5bn Investment To Tackle Power Sector Crisis’

Energy adviser to President Bola Tinubu, Olu Verheijen, says Nigeria's ailing power sector needs about $2.5 billion (N2 trillion) capital investment to revamp it.

January 5, 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 334

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

Nigerian Stocks Surge By 6.54% In First Week Of 2024 Amidst Sustained Investor Confidence

UN Warns Of Looming Global Growth Crisis Amid Rising Tensions

EFCC’s Raid On Dangote Group Threatens Nigeria’s Economy, Lawmaker Warns

NNPCL, Infinix, Netizens Gift Lady Mocked For Waking Up At 4.50am To Cook For Husband

GSK, JSM Exit Will Further Squeeze Nigeria’s Health Sector – Obi

Port Harcourt Refinery Begins Operations After Test-run This Month – NNPCL

How Crypto Startup Founder, Bill Lou, Lost $125,000 To Airdrop Scam

Why Foreign Investment Continues To Decline In Nigeria – KPMG

NGX Imposes Mandatory Compliance Training On Multi-Trex Integrated Foods, Infinity Trust Mortgage Bank Following Breaches

‘Nigeria Needs $2.5bn Investment To Tackle Power Sector Crisis’

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Business - Page 334

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