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Business - Page 4

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·Top Stories

Five Least Performing Insurance Stocks In Q3 2025

While the majority of the insurance stocks in the Nigerian Exchange (NGX) Limited recorded gains in the third quarter (Q3) of 2025, Prime Business Africa (PBA) presents the five least performing insurance stocks for the period under review. The list comprises Lasaco

December 11, 2025

Business·News·Nigeria·Transport

EFCC Unravels Alleged Arik – NG Eagle Money Trail, Former AMCON MD Kuru on the Spot

Fresh details have emerged in the ongoing trial of former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, as an EFCC witness on Monday narrated how funds, staff and operational assets belonging to the defunct Arik Air were

December 11, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business

Naira Depreciates Against Dollar, Euro, British Pound In Official Window

The naira depreciated against the dollar by 0.27 percent to N1,458/$ on Wednesday, December 10, in the Nigerian foreign exchange market (NFEM), also known as the official window. On Tuesday, December 9, the foreign exchange (FX) rate for the United States currency

December 10, 2025

Stock Market Rally Halted As Demand For Ecobank, PZ Cussons Shares Dropped

Business

UAC Nigeria, Sunu Assurance, Others Wipe Off N33.80bn From NGX

The Nigerian Exchange (NGX) Limited said the market capitalisation of the stock market dropped marginally by 0.05 percent to N93.62 trillion on Wednesday, December 10. This means N33.80 billion was wiped off the NGX at the end of trading as the bourse’s

December 10, 2025

FCMB Borrows N20.68bn To Protect Against Insolvency After Silicon Valley Bank Collapse

Business·Top Stories

FCMB Posts N828.12bn Revenue, Records 52.25% Increase In Profit

In the first nine months of 2025, FCMB generated N828.12 billion in gross earnings, exceeding the N587.77 billion recorded in the corresponding period in 2024, representing a 40.89 percent increase. FCMB announced the turnover growth in its unaudited consolidated and separate financial

December 10, 2025

Africa·Business·News·Oil & Gas

Barka Energies Debuts: Burkina Faso Seizes Control of Its Energy Sector

Burkina Faso has officially launched Barka Energies, marking a historic turning point in the country’s hydrocarbon distribution sector. The move follows the acquisition of TotalEnergies Marketing Burkina’s assets by Coris Invest Group (CIG SA), creating a 100% Burkinabè-owned energy company with regional

December 10, 2025

Naira Ends Week With Marginal Gain Against Dollar

Business·Top Stories

Naira Depreciates Against Dollar To N1,478/$ In Parallel Market

The foreign exchange (FX) rate for the United States dollar (USD) closed at N1,454/$ in the Nigerian foreign exchange market (NFEM), also known as the official window, on Tuesday, December 9, 2025. According to the data on NFEM provided by the Central

December 9, 2025

NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

Business·Top Stories

Transcorp Hotels, Ikeja Hotels Among Losers As NGX Market Cap Sheds N310bn

About N310 billion was lost in the Nigerian Exchange (NGX) on Tuesday, December 9, as the bourse’s market capitalisation dwindled to N93.65 trillion, from the N93.96 trillion reported on Monday, December 8. According to NGX data, 487.66 basis points were wiped from the

December 9, 2025

Africa·Business·News·Politics

Niger Tightens Inspections on Nigerian Goods Amid Regional Security Concerns

The Republic of Niger has ordered stricter inspections on all goods entering from Nigeria, particularly items classified as “miscellaneous,” requiring them to be unloaded and cleared at border entry points before any transit procedures, according to a directive signed by Colonel Mohamed

December 9, 2025

Business

Guinea Insurance’s Profit Drops From N567.66m to N49m

Between January and September 2025, Guinea Insurance recorded N2.13 billion in revenue, compared to the N2.03 billion reported in the first nine months of 2024, representing a 4.93 percent growth. According to the company’s financial statement for the period ended September 30,

December 9, 2025

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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 4

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

Five Least Performing Insurance Stocks In Q3 2025

EFCC Unravels Alleged Arik – NG Eagle Money Trail, Former AMCON MD Kuru on the Spot

Naira Depreciates Against Dollar, Euro, British Pound In Official Window

UAC Nigeria, Sunu Assurance, Others Wipe Off N33.80bn From NGX

FCMB Posts N828.12bn Revenue, Records 52.25% Increase In Profit

Barka Energies Debuts: Burkina Faso Seizes Control of Its Energy Sector

Naira Depreciates Against Dollar To N1,478/$ In Parallel Market

Transcorp Hotels, Ikeja Hotels Among Losers As NGX Market Cap Sheds N310bn

Niger Tightens Inspections on Nigerian Goods Amid Regional Security Concerns

Guinea Insurance’s Profit Drops From N567.66m to N49m

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Shari’ah Council Flags Alleged Alterations in Gazetted Tax Reform Laws, Demands Urgent National Assembly Review

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

Oworonshoki Demolitions: Residents Appeal to Gov. Sanwo-Olu as Homeowners Sacked

A Mentor’s Legacy: How Former FRSC Marshal Osita Chidoka Shaped a Generation of Public‑Sector Leaders

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