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Business - Page 350

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

NLC To Suspend Strike Action Against CBN, FG Intervenes In Dispute

Business·News

NLC Denies Impending Strike, Calls Reports ‘Fake News’

The National Labour Congress (NLC) dismissed widespread rumors of an imminent nationwide strike scheduled for Monday, December 18, labeling the reports as “fake news.” Benson Upah, the Head of Information and Public Affairs for the NLC, refuted claims that the union intended

December 17, 2023

Lagos Gov Sanwo-olu Under Fire Over ‘N7.5m Fragrance, N18m Christmas Chickens’

Business·News

Lagos Govt Approves N35,000 Wage, Grants 50% Bonus To Public Servants For December

In a move showcasing commitment to the welfare of Lagos State public servants, Governor Babajide Sanwo-Olu has approved financial benefits for December. Revealed through a circular titled ‘2023 End of Year Bonus and Implementation of Wage Awards,’ the Head of Service, Bode

December 17, 2023

How Nigeria Loses $2.5bn Annually To Malnutrition - Shettima

Business·News

How Nigeria Loses $2.5bn To Malnutrition Every Year – Shettima

Nigeria’s Vice President, Kashim Shettim, has ignited a drive to confront the country’s annual loss of $2.5 billion to chronic malnutrition which prevalence stands at 33 per cent. Inaugurating the Nutrition Core Working Committee (NCWC) on Friday, Shettima spotlighted grim statistics: Only

December 16, 2023

Former Chinese Bank Manager Sentenced To Life Imprisonment In $325M Corruption Scandal

Business·News·World News

Ex-Chinese Bank Manager Sentenced To Life Imprisonment In $325m Corruption Scandal

In a decisive move reflecting China’s stance against corruption, Xu Guojun, once at the helm of the Bank of China branch, has been handed a life sentence for masterminding one of the nation’s high-profile corruption cases of $325 million. This landmark conviction

December 16, 2023

6 Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year

Business·Markets·News

NGX 2023: 3 New Listings Propel N179bn Surge In Market Cap

In a robust year for the Nigerian Exchange Limited (NGX), the addition of three new equities has played a role, contributing N179 billion to the exchange’s market capitalization. This surge marks a moment, with the NGX achieving its best performance since 2020,

December 16, 2023

Business·News

Wike Urges Swift Approval Of N17.1bn Budget Allocation For Critical Projects

Federal Capital Territory Minister, Nyesom Wike, has appealed to the National Assembly for speedy approval of crucial budget allocation to complete stalled projects. In a compelling plea before the joint session of the Senate and House Committees on FCT in Abuja, Wike

December 16, 2023

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business·Currency·News

Naira Gains, Dollar Drops In Official Market Despite Inflation

The Nigerian Naira showcased resilience against the US dollar across official and parallel markets, despite soaring inflation rates reported by the National Bureau of Statistics. November’s inflation figures revealed a surge, reaching a striking 28.20%, painting a grim picture of the intensifying

December 15, 2023

Rising Food Prices Bite Nigerians With Inflation Rate Hitting 28.20% In NBS Latest Data

Business·News

Rising Food Prices Bite Nigerians As Headline Inflation Hits 28.20% In Latest NBS Data

Nigeria’s headline inflation, which tracks prices of food, energy and other commodities, has jumped for a record 11th time, surging from 27.33 per cent in October 2023 to 28.20 per cent in November, according to the Consumer Price Index released by the

December 15, 2023

Elon Musk Assures Lenders Of Not Loosing Their Money Amidst Losses

Business·News·World News

Elon Musk Assures Lenders Of Not Losing Money Amidst Losses

In a bid to reassure lenders amid mounting concerns over the declining business fortunes of X platform formerly known as Twitter, Elon Musk reportedly pledged to protect banks from losses on the substantial $13 billion loan used to fund the leveraged buyout.

December 15, 2023

Agro-Economy·Business·News

Agriculture: The Alternative Bank Moves To Tackle Hunger In Ogoniland

The Alternative Bank Limited has moved to tackle hunger in Ogoniland through its Agricultural Community Support Programme (ACSP). Their partnership with over 800 local farmers and Global Entrepreneurship City Limited signals a move towards addressing hunger, reviving agriculture, and tackling environmental distress

December 15, 2023

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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 350

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

NLC Denies Impending Strike, Calls Reports ‘Fake News’

Lagos Govt Approves N35,000 Wage, Grants 50% Bonus To Public Servants For December

How Nigeria Loses $2.5bn To Malnutrition Every Year – Shettima

Ex-Chinese Bank Manager Sentenced To Life Imprisonment In $325m Corruption Scandal

NGX 2023: 3 New Listings Propel N179bn Surge In Market Cap

Wike Urges Swift Approval Of N17.1bn Budget Allocation For Critical Projects

Naira Gains, Dollar Drops In Official Market Despite Inflation

Rising Food Prices Bite Nigerians As Headline Inflation Hits 28.20% In Latest NBS Data

Elon Musk Assures Lenders Of Not Losing Money Amidst Losses

Agriculture: The Alternative Bank Moves To Tackle Hunger In Ogoniland

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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

Forged Laws Allegation Deepens Nigeria’s Governance Crisis – Obi

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