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Business - Page 571

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·Markets

International Energy Leads Gainers’ List, C&I Leasing Tops Losers’ In Stock Market

The market capitalisation closed Thursday’s stock trading activity at N28.66 trillion, slightly above Wednesday’s N28.65 trillion. It grew by 0.02 per cent, which represents N5.94 billion gain. The All-Share Index appreciated by 10.91‬ basis points, rising from 52,615.51 ASI to 52,626.42 ASI. Over 129.03 million shares

January 19, 2023

Naira Opens Week With Gain Across FX Markets

Business·Currency

Naira Gains Against Dollar In Black Market, Official Market

The exchange rate between the naira and the dollar depreciated in the black market and the official channel on Wednesday, 18 January 2023. In the official market, the naira held on against the United States currency, appreciating slightly by 0.05 per cent,

January 19, 2023

FG To Share $800 million Among 50 million Nigerians After Removal Of Fuel Subsidy

Business·News

Buhari Approves NNPC’s N1.9trn Investment In Projects

President Muhammadu Buhari has approved the recommendation for the Nigeria National Petroleum Company Limited (NNPCL) to invest N1.9 trillion in 44 federal road projects across the country. This will come under the tax credit policy. The approval was given during the Federal

January 19, 2023

Nigeria's Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Business

Naira Hawkers Face Arrest, CBN Says Banks Ignoring New Banknotes

The Central Bank of Nigeria (CBN) has threatened to arrest persons selling the new naira notes, as it begs banks to come collect the redesigned currencies. During a sensitization programme on Wednesday, January 18, the head of Legal department of the central

January 19, 2023

Business

Soludo Succumbs To IPOB’s Simon Ekpa Criticism Over Taxes In Anambra State

The Governor of Anambra State, Chukwuma Soludo, has amended the tax imposed on the transportation sector within the state after criticism from Simon Ekpa of the Indigenous People of Biafra (IPOB). Soludo reduced the taxes imposed on tricycle, taxi, and shuttle bus

January 19, 2023

Business·Sports

Saudi Businessman Pays $2.6 million To Take Pictures With Ronaldo, Messi

Saudi real estate mogul, Mushref al-Ghamdi, has won the special ticket that will enable him to take pictures with footballers, Cristiano Ronaldo and Lionel Messi, after a friendly on Thursday, 19 January 2023. Prime Business Africa had reported that Cristiano and Messi

January 19, 2023

Nigeria Govt Finally Secures Access To Heathrow Airport For Air Peace

Business·FEATURES

Why Air Peace Continues To Record Miletones In Airline Business

At a time when most airlines, especially on the domestic front are not having the best of times due to challenges in the operating environment, Air Peace has continued to record milestones of achievements in the aviation sector. In less than a

January 19, 2023

Business·News·Sports

Transfer Roundup: Sommer, Depay Set For New Clubs As Top European Leagues Spend €373.2m

German Bundesliga champions, Bayern Munich and Borussia Monchengladbach have agreed a deal in principle for the signing of goalkeeper, Yann Sommer. After months of negotiations, both parties on Wednesday evening brokered an agreement

January 18, 2023

Business

Court Adjourns Summons Of CBN Gov, Godwin Emefiele, Set New Date

The appearance of the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, scheduled for Wednesday, 18 January 2023, has been adjourned. Emefiele was summoned by Justice Inyang Ekwo to appear before the Federal High Court Abuja over a $53 million

January 18, 2023

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

Business·Currency

Forex Transaction Drops In Official Market, Dollar Rate Rises In Black Market

The volume of foreign exchange (forex) traded on Tuesday, 17 January 2023, fell by 72 per cent in the Investors and Exporters (I&E) window of the official market. According to data obtained from the FMDQ Exchange, which monitors foreign exchange rates in

January 18, 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 571

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

International Energy Leads Gainers’ List, C&I Leasing Tops Losers’ In Stock Market

Naira Gains Against Dollar In Black Market, Official Market

Buhari Approves NNPC’s N1.9trn Investment In Projects

Naira Hawkers Face Arrest, CBN Says Banks Ignoring New Banknotes

Soludo Succumbs To IPOB’s Simon Ekpa Criticism Over Taxes In Anambra State

Saudi Businessman Pays $2.6 million To Take Pictures With Ronaldo, Messi

Why Air Peace Continues To Record Miletones In Airline Business

Transfer Roundup: Sommer, Depay Set For New Clubs As Top European Leagues Spend €373.2m

Court Adjourns Summons Of CBN Gov, Godwin Emefiele, Set New Date

Forex Transaction Drops In Official Market, Dollar Rate Rises In Black Market

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SEC Orders Full Registration of Tradable Instruments by January 2026

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