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Business - Page 45

Air Peace Ushers in Third Embraer 190, Reinforcing Capacity and Additional Festive Connectivity

In a continued demonstration of strategic fleet expansion within Nigeria’s dynamic aviation landscape, Air Peace Limited, West and Central Africa’s largest airline, has welcomed its third Embraer 190 aircraft, reinforcing its operational capacity to meet the heightened travel demand of the festive

December 16, 2025

Business·Top Stories

Nigeria’s Gross External Reserves Rise To $40.11bn – CBN

The Central Bank of Nigeria (CBN) Governor, Dr Olayemi Cardoso, says Nigeria’s gross external reserves rose to $40.1 billion as of July 2025. He said this figure represents about 9.5 months of import cover for goods. This marks a significant rebound from earlier

July 23, 2025

Business·Oil & Gas·Top Stories

NNPC Revenue Drops By 23.9% Amid Global Oil Market Volatility

The Nigerian National Petroleum Company (NNPC) Limited reported a 23.9 per cent decline in oil revenue in June 2025, dropping to ₦4.57 trillion from ₦6 trillion in May. This marked the lowest revenue in three months. The drop was attributed to volatile global crude prices in recent times, driven by geopolitical

July 22, 2025

Business·Top Stories

Dangote Sugar, Sovereign Insurance Lift Nigerian Stock Market Cap By N395bn

A 0.47 percent increase in the all-share index (ASI) added N395.34 billion to the Nigerian stock market capitalisation on Tuesday, July 22. This increased the market capitalisation to N83.78 trillion, from N83.39 trillion recorded on Friday, July 18, while the ASI expanded

July 22, 2025

Business·Top Stories

Briclinks Africa’s Revenue Rises By 3%, Total Assets Drop To N8.10bn

Briclinks Africa has reported a turnover of N135.61 million in the second quarter (Q2) of 2025, up slightly by 3 percent compared to the N131.66 million revenue recorded in the first quarter (Q1) of 2025. The company, in its financial statements for

July 22, 2025

Business·Top Stories

Most Valuable Paint Manufacturers In Nigeria In Q2 2025

The combined market valuation of paint manufacturers listed on the Nigerian Exchange Limited (NGX) increased to N55.54 billion in the second quarter (Q2) of 2025. According to analysis by Prime Business Africa, the market valuation, which comprises Chemical Allied and Products (CAP)

July 22, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22nd July 2025

What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian naira (NGN) in the parallel market, also known as black market, as of 22nd July 2025, is N1,540

July 22, 2025

Business·Currency·Markets

Naira Falls Against Dollar Across FX Markets

After ending last week on a positive note, the Nigerian naira depreciated against the United States Dollar across official and parallel foreign exchange windows as the market opened this week. The Central Bank of Nigeria’s foreign exchange data showed that the naira

July 22, 2025

Business·Finance & Economy·Top Stories

Services, Industry Sectors Drive Nigeria’s Economic Growth As GDP Rises By 3.13% In Q1 2025

Nigeria’s economy grew by 3.13 per cent year-on-year (YoY) in real terms in the first quarter (Q1) of 2025. This is according to data released by the National Bureau of Statistics (NBS) on Monday, 21 July 2025. This growth reflects a rebasing of the Gross Domestic Product

July 21, 2025

Business·Top Stories

NGX Market Cap Rises By N152.79bn To N83.39trn

The market capitalisation of the Nigerian Exchange Limited (NGX) increased to N83.39 trillion on Monday, July 21, from N83.24 trillion recorded on Friday, July 18. This represents an increase of N152.79 billion. Also, the all-share index (ASI) increased to 131,826.77 ASI, from

July 21, 2025

Business·Oil & Gas

Oil, Gas Suppliers Kick Against Dangote’s Direct Supply To End Users

Plans by Dangote refinery to begin direct supply of petroleum products to end users have been met with opposition by Natural Oil & Gas Suppliers Association of Nigeria (NOGASA). The group said the move, which would lead to bypassing the existing distribution

July 21, 2025

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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

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

What is the dollar-to-naira exchange rate on the black market,

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Business - Page 45

Air Peace Ushers in Third Embraer 190, Reinforcing Capacity and Additional Festive Connectivity

Nigeria’s Gross External Reserves Rise To $40.11bn – CBN

NNPC Revenue Drops By 23.9% Amid Global Oil Market Volatility

Dangote Sugar, Sovereign Insurance Lift Nigerian Stock Market Cap By N395bn

Briclinks Africa’s Revenue Rises By 3%, Total Assets Drop To N8.10bn

Most Valuable Paint Manufacturers In Nigeria In Q2 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22nd July 2025

Naira Falls Against Dollar Across FX Markets

Services, Industry Sectors Drive Nigeria’s Economic Growth As GDP Rises By 3.13% In Q1 2025

NGX Market Cap Rises By N152.79bn To N83.39trn

Oil, Gas Suppliers Kick Against Dangote’s Direct Supply To End Users

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Air Peace Ushers in Third Embraer 190, Reinforcing Capacity and Additional Festive Connectivity

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Air Peace Ushers in Third Embraer 190, Reinforcing Capacity and Additional Festive Connectivity

Tony Elumelu: Personal Branding As Corporate Strategy

Naira Depreciates To N1,487/$ In Black Market, Appreciates To N1,943/$ In Official Window

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

SEC Orders Full Registration of Tradable Instruments by January 2026

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

Amnesty International Lists Alleged Gross Human Rights Violations Under Buhari’s Administration

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