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Business - Page 52

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·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 11th 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 11th July 2025, is N1,550

July 11, 2025

Business

UBA Announces Strategic Expansion Into Key Markets Across Africa

The United Bank for Africa (UBA) Group has announced plans to embark on further strategic expansion into key markets across Africa. This was revealed during the UBA Group’s Half-Year Business Review held at its global headquarters in Lagos, Nigeria. The meeting brought

July 10, 2025

Business·Top Stories

Consolidated Hallmark, FTN Cocoa Lift Stock Market Cap By N1.75trn

A N1.75 trillion increase was recorded in the stock market capitalisation on Thursday, July 10, from the N76.97 trillion bourse valuation recorded on Wednesday, July 9. The market capitalisation ended trading today at N78.72 trillion, while the all-share index (ASI) increased by

July 10, 2025

Business·Top Stories

Nigerian Breweries Generates N383bn Revenue In Three Months

The Nigerian Breweries generated N383.63 billion within January and March 2025, according to the company’s first quarter (Q1) 2025 financial statement, which showed the brewer surpassed the N227.12 billion turnover reported in Q1 2024. While revenue increased by 68.91 percent, the cost

July 10, 2025

Business·Top Stories

Aliko Dangote Loses N585bn As Investment In Dangote Cement Drops

The investment of Aliko Dangote in Dangote Cement dropped by N585.96 billion in the second quarter (Q2) of 2025, according to analysis by Prime Business Africa. Note that the billionaire holds 14.64 billion shares in Dangote Cement, which covers 27.64 million direct

July 10, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 10th July 2025

July 10, 2025

Business·Markets

Naira Records Four-month High Of N1,520 At Official Market

The Nigerian naira on Wednesday, 9 July, recorded a four-month high of N1,520 per dollar at the official foreign exchange market. The last time the naira traded around that range was on 7 March 2025 when it exchanged N1,517.24 for one United States

July 10, 2025

Business·Oil & Gas

Nigeria’s Oil Rig Count Rises By 38 To 46 In Two Years – NUPRC Boss

Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr Gbenga Komolafe, has stated that Nigeria’s oil rigs have risen to 46 from eight in the last two years. This increase indicates a thriving petroleum industry. Speaking on Wednesday at a

July 9, 2025

Business·Top Stories

Valuation Of Nigerian Stock Market Rises To N76.97trn — Up By N220bn

At the end of trading on Wednesday, July 9, the equity capitalisation of the Nigerian stock market rose to N76.97 trillion, from N76.75 trillion on Tuesday, July 8. The market capitalisation increased by N220 billion after the all-share index (ASI) expanded by

July 9, 2025

Business·Top Stories

Abdul Samad Rabiu’s Investment In BUA Cement Rises To N3.15trn

Within three months, the investment of Abdul Samad Rabiu in BUA Cement increased by N386.97 billion, as the billionaire profited from the bullish sentiments of stock market investors in the second quarter of 2025. According to Prime Business Africa’s analysis, BUA Cement’s

July 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 52

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

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 11th July 2025

UBA Announces Strategic Expansion Into Key Markets Across Africa

Consolidated Hallmark, FTN Cocoa Lift Stock Market Cap By N1.75trn

Nigerian Breweries Generates N383bn Revenue In Three Months

Aliko Dangote Loses N585bn As Investment In Dangote Cement Drops

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 10th July 2025

Naira Records Four-month High Of N1,520 At Official Market

Nigeria’s Oil Rig Count Rises By 38 To 46 In Two Years – NUPRC Boss

Valuation Of Nigerian Stock Market Rises To N76.97trn — Up By N220bn

Abdul Samad Rabiu’s Investment In BUA Cement Rises To N3.15trn

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

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