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Business - Page 569

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

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar Rate: Gap Between Official, Black Markets Rises To 61.3%

The dollar rate rose in the Bureau De Change window of the black market on Tuesday, 24 January 2023, as the naira weakened by -1.07 per cent. It was learnt that the cost to buy one dollar increased to an average of

January 24, 2023

AMA News·Business

How Overseas Zimbabwean Workers Can Save Money Amidst Inflation

Migration from Zimbabwe to Pan African countries and overseas continues to increase, with a new study finding almost 15 percent of the country’s population now has oversea Zimbabwean workers. Over the years, thousands of Overseas Zimbabwean Workers (OZWs) have left the country

January 24, 2023

CBN Places Service Restriction On PoS Agents Across Nigeria

Business

Updated: Why CBN Raised Interest Rate To 17.5%, Highest In 22 Years

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) increased the interest rate to 17.5 per cent on Tuesday, 24 January 2023. This was disclosed by the central bank governor, Godwin Emefiele, during the post-MPC meeting held on Monday

January 24, 2023

AMA News·Business

Mama Money and AFC Commercial Bank partner for money transfers to Zimbabwe

The partnership allows for affordable money transfers from South Africa to Zimbabwe with guaranteed US dollar collection Matthieu Coquillon and Raphael Grojnowski, Co-founders, Mama Money CAPE TOWN, South Africa, 24 January 2023 -/African Media Agency(AMA)/- Mama Money, a rapidly growing fintech that offers cross-border money transfer

January 24, 2023

Aliko Dangote Reveals Refinery Will Not Distribute Fuel In Next 60 Days

Business

How Dangote Refinery Will Exploit Nigerians – Oil Marketers

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has stated that Aliko Dangote’s oil refinery might exploit oil producers and Nigerians. According to the oil marketers, Nigerians will be at the mercy of Dangote due to its refinery’s monopoly, as it will

January 24, 2023

Business·Finance & Economy

Inflation And Poverty In Nigeria: Explainer

1. Understanding Inflation Inflation is one of the most used expressions in discussions about the economy. Yet the idea is often misunderstood. Although there are several schools of thought on inflation, economists generally agree that it means a constant, progressive rise in

January 23, 2023

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business·Markets

Stock Market Cap Hits N28.68 trillion, Geregu, Others Record Growth

The market capitalisation of the Nigerian bourse rose by 0.11 per cent or N34.32 billion on Monday to close at N28.68 trillion, against the previous trading session’s N28.64 trillion. It followed the path of the All-Share Index which climbed to 52,657.69 after adding

January 23, 2023

Aviation Workers To Shutdown Airport Operation For Two Days, Reveal Reasons

Business

Nigerian Aviation Unions Reveal Why International Flights Are Shutdown

Aviation workers embarked on strike on Monday, 23 January 2023, after salary negotiation talks with the Nigerian Aviation Handling Company (NAHCO) Plc failed. The negotiation talks were between NAHCO management, the National Union of Air Transport Employees (NUATE) and the Air Transport

January 23, 2023

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Currency

Naira Faces Biggest Devaluation, Loses To Dollar, Others

In the Investors and Exporters window of the official market, the exchange rate between the naira and the dollar depreciated by 0.05 per cent or N0.25 kobo on Friday, 20 January 2023. This came on the back of concerns that the Nigerian

January 23, 2023

Breaking: NNPC Increases Fuel Price, Filling Stations Now Selling At N500

Business·Oil & Gas

Petrol May Hit N800 Per Litre – Oil Marketers Give Reasons

The Secretary, Independent Petroleum Marketers Association of Nigeria (IPMAN), Abuja-Suleja, Mohammed Shuaibu, has disclosed that the cost of Premium Motor Spirit (PMS) could rise to N800/litre even as petrol scarcity persists. According to Shuaibu, the removal of the fuel subsidy will cause

January 23, 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 569

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

Dollar Rate: Gap Between Official, Black Markets Rises To 61.3%

How Overseas Zimbabwean Workers Can Save Money Amidst Inflation

Updated: Why CBN Raised Interest Rate To 17.5%, Highest In 22 Years

Mama Money and AFC Commercial Bank partner for money transfers to Zimbabwe

How Dangote Refinery Will Exploit Nigerians – Oil Marketers

Inflation And Poverty In Nigeria: Explainer

Stock Market Cap Hits N28.68 trillion, Geregu, Others Record Growth

Nigerian Aviation Unions Reveal Why International Flights Are Shutdown

Naira Faces Biggest Devaluation, Loses To Dollar, Others

Petrol May Hit N800 Per Litre – Oil Marketers Give Reasons

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

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