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Business - Page 574

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·News·Sports

Chelsea Set To Outbid Arsenal For Signature Of €100 Million Mudryk

Chelsea have reached an agreement with Ukrainian club, Shakhtar Donetsk for Mykhailo Mudryk after meeting the €100 Million price valuation put forward by the club.

January 14, 2023

Africa·Business·News·Top Stories

$2.2 billion SGR Contract: Uganda Sacks China, Eyes Turkey’s Yapi Merkezi

The Ugandan government is looking to signing up a Turkish company to build its 273 kilometre standard gauge rail line from Malaba to its capital Kampala. This followed cancellation of its $2.2 billion SGR contract with Chinese firm, CHEC, after the company

January 14, 2023

Business·Insights

Best Small Scale Business Ideas In 2023

In today’s economy, starting a small-scale business can be a great way to make a living while also having the flexibility and freedom of being your own boss. With advancements in technology, it has never been easier to start a small business

January 14, 2023

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Business·Markets

Stock Investors Gain N252.52 billion On Total, Berger, Other Shares

Friday’s trading session closed with the market valuation of the Nigerian Stock Exchange rising from N28.34 trillion to N28.60 trillion, after gaining N252.52 billion. The All Share Index also appreciated by 463.63 basis points to 52,048.85 ASI, rising from Thursday’s 52,512.48 ASI. Over

January 13, 2023

Aliko Dangote Spent $18.5 billion To Build Refinery, Owes $2.7 billion Debt

Business·Oil & Gas

Dangote Refinery Gets New Operational Date After 5 Years Postponement

Africa’s richest man, Aliko Dangote, will have his Dangote Oil Refinery commissioned on January 24, 2023, after operation on the refinery was postponed for six years. The refinery was initially scheduled to become operational in 2018. According to a report by Nairametrics,

January 13, 2023

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

Business

CBN Fumes As Politicians Mop Up New Naira Notes In Nigerian Banks

Commercial banks in Nigeria risk sanction from the country’s financial regulator, the Central Bank of Nigeria (CBN), for exclusively dishing out the new naira notes politicians. In a statement signed by Benedict Maduagwu, the CBN’s Awka-Anambra State Branch Controller, the financial regulator

January 13, 2023

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Currency

Dollar Rate Falls In Official Market, Oil Marketer Blames Forex For Fuel Scarcity

The naira rose in value in the Investors’ and Exporters’ window of the official market on Thursday, January 12, 2023, as the dollar fell by -0.16 per cent in value. At the end of trading in the official channel backed by the

January 13, 2023

Access Bank Obtains Central Bank of Angola’s Approval To Acquire 80% of Finibanco

Business

Access Holdings Pulls Out Of Sidian Bank Acquisition, As Both Firms Disagree On Conditions

Access Holdings, the parent company of Access Bank, has announced it will no longer go ahead with the acquisition of Sidian Bank Limited from Kenyan-based Centum Investment Plc. The Nigerian creditor had disclosed in June 2022 that it was in discussion with

January 13, 2023

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

Business·Currency

Black Market Operators Offer To Buy Dollar Above CBN’s Official Market Rate

The Bureau De Change operators retained the exchange rate between the naira and the dollar in the black market at N288 above that of the official market. According to some Bureau De Change operators that spoke with Prime Business Africa on Thursday,

January 12, 2023

Business·News·Sports

IFAB, FIFpro Set To Hold Talks On Concussion Substitution

The Annual Business Meeting of the International Football Association Board (IFAB) is set to take place in Wembly, London on January 18. At the meeting, one of the agendas for discussion is the introduction of temporary concussion substitution

January 12, 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 574

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

Chelsea Set To Outbid Arsenal For Signature Of €100 Million Mudryk

$2.2 billion SGR Contract: Uganda Sacks China, Eyes Turkey’s Yapi Merkezi

Best Small Scale Business Ideas In 2023

Stock Investors Gain N252.52 billion On Total, Berger, Other Shares

Dangote Refinery Gets New Operational Date After 5 Years Postponement

CBN Fumes As Politicians Mop Up New Naira Notes In Nigerian Banks

Dollar Rate Falls In Official Market, Oil Marketer Blames Forex For Fuel Scarcity

Access Holdings Pulls Out Of Sidian Bank Acquisition, As Both Firms Disagree On Conditions

Black Market Operators Offer To Buy Dollar Above CBN’s Official Market Rate

IFAB, FIFpro Set To Hold Talks On Concussion Substitution

Featured Stories

Shari’ah Council Flags Alleged Alterations in Gazetted Tax Reform Laws, Demands Urgent National Assembly Review

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

Oworonshoki Demolitions: Residents Appeal to Gov. Sanwo-Olu as Homeowners Sacked

A Mentor’s Legacy: How Former FRSC Marshal Osita Chidoka Shaped a Generation of Public‑Sector Leaders

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Shari’ah Council Flags Alleged Alterations in Gazetted Tax Reform Laws, Demands Urgent National Assembly Review

Dollar Trades Flat In Black Market, Appreciates In Official Window

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

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

Tinubu Warns Governors Over Local Government Autonomy, Backs State Police

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Business - Page 574

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