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Business - Page 53

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

Guinness Exits Loss Phase With N7.02bn Profit, Revenue Grows By 52%

Guinness Nigeria has revealed that it recorded N118.33 billion revenue for the quarter ended March 31, 2025, compared to N77.70 billion turnover reported in the same period last year, indicating an increase of 52.28 percent. The company’s cost of sales also increased

July 9, 2025

Business·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 9th 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 9th July 2025, is N1,560

July 9, 2025

Business·Oil & Gas

Again, Dangote Refinery Slashes Petrol Ex-depot Price To ₦820

Dangote Refinery has further reduced its ex-depot price of Premium Motor Spirit (PMS), also known as petrol, to ₦820. This is the second reduction by the company in a week. It had on Monday, 30 June, announced a reduction in the price

July 8, 2025

Business·Oil & Gas

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

Dangote Refinery expects to start processing only Nigerian crude oil by the end of 2025. Devakumar Edwin, Vice President of Oil and Gas at Dangote Industries, made this known in an interview with Bloomberg at the Lekki Free Trade Zone refinery complex

July 8, 2025

Business·Top Stories

Gains In Omatek, Champion Brew Add N226bn To Nigerian Stock Market

On Tuesday, July 8, trading closed with the market capitalisation rising by N226.24 billion to N76.75 trillion, from N76.53 trillion reported on Monday, July 7. Also, the all-share index (ASI) increased from 121,295.33 ASI to 121,653.93 ASI, representing an expansion of 358.6

July 8, 2025

Business·Top Stories

Ikeja Hotel Outperforms Transcorp Hotels In Q2 As Its Shareholders Gain 58%

Ikeja Hotel outperformed Transcorp Hotels in the stock market in the second quarter (Q2) of 2025, as stock market investors preferred the former over the latter during the period. According to Prime Business Africa’s analysis, stock market investors were bullish on Ikeja

July 8, 2025

Business·Top Stories

Cutix Grows Revenue To N3.96bn, Profit Declines By 60%

Cutix Plc, a wire and cable manufacturer for electrical, automobile, and telecommunication, generated N3.96 billion turnover in the fourth quarter (Q4) ending April 30, 2025. According to its unaudited financial statement for the Q4 period ended April 30, 205, the company’s revenue

July 8, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 8th July 2025

July 8, 2025

Business·Markets

DMO Launches Subscription For July 2025 FGN Savings Bonds, Offers Attractive Interest Rates

The Debt Management Office (DMO) has issued the July 2025 Federal Government of Nigeria (FGN) savings bonds, offering investors annual interest rates of up to 16.762 per cent. According to a circular released by DMO on Monday, the subscription window opened on

July 7, 2025

Business·Currency·Markets

Naira Opens Week With Gain Across FX Markets

The Nigerian naira opened the new week on a positive note, as it gained against the US dollar in both the official and parallel foreign exchange markets on Monday, 7 July 2025. According to Central Bank of Nigeria data, the naira rose

July 7, 2025

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The dollar traded at N1,487.01/$1 in the parallel market on

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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 53

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

Guinness Exits Loss Phase With N7.02bn Profit, Revenue Grows By 52%

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 9th July 2025

Again, Dangote Refinery Slashes Petrol Ex-depot Price To ₦820

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

Gains In Omatek, Champion Brew Add N226bn To Nigerian Stock Market

Ikeja Hotel Outperforms Transcorp Hotels In Q2 As Its Shareholders Gain 58%

Cutix Grows Revenue To N3.96bn, Profit Declines By 60%

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 8th July 2025

DMO Launches Subscription For July 2025 FGN Savings Bonds, Offers Attractive Interest Rates

Naira Opens Week With Gain Across FX Markets

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