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Business - Page 575

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

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

Business·Markets

Stock Market Gains N173.73bn Amid Low Demand For Abbey Mortgage, Others

The market capitalisation grew by 0.61 per cent or N173.73 billion gain on Thursday, as the value of the stock market climbed from N28.17 trillion to N28.34 trillion. Also, the All Share Index increased in value from 51,729.87 ASI to 52,048.85 ASI,

January 12, 2023

Business·Technology

Flutterwave To Take On $20 million Debt, As It Moves To Buy Struggling UK Firm, Railsr

Nigerian unicorn, Flutterwave, is in talks to acquire UK fintech, Railsr, which is struggling to raise funds from Venture Capitalists. Railsr, formerly called Railsbank, was founded by Nigel Verdon and Clive Mitchell in 2016. The financial technology company makes financial products and

January 12, 2023

Peter Obi Reveals Why UK Gov't Shutdown His 'Next' Company

Business

Peter Obi Speaks On UK Shutdown Of ‘Next’ Company

The Presidential candidate of the Labour Party, Peter Obi, has addressed the controversy surrounding his company, Next International (UK) Limited. According to a report by Premium Times, Next was shut down by the UK authorities for failing to submit the company’s account

January 12, 2023

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

Business·Oil & Gas

Oil Marketers Reveal Exchange Rate, Three Other Factors Causing Fuel Scarcity

The National Public Relations Officer of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Ukadike Chinedu, has blamed the exchange rate as one of the factors causing the scarcity of Premium Motor Spirit (PMS). It was learnt that the high exchange rate

January 12, 2023

Seplat Energy, Total Lead List Of Highest Paying Companies In Nigeria

Business·Finance & Economy·News

10 Clever Ways To Make Money In 2023

The new year 2023 is one that could pose so many challenges for businesses in Nigeria evidently due to the upcoming general elections. Business projections have been a mixed grill of gloom and promise

January 12, 2023

5G Still Far Away - Official Sabotage Upsets The Apple Cart

Business·Opinion

Elon Musk’s Tech Disruption: CDMA Ghosts Hunt MTN, Airtel, Glo, 9Mobile – Sonny Aragba-Akpore

Elon Musk’s Starlink will, no doubt, disrupt internet technology currently binding Nigeria’s Internet subscribers, which latest data (November 2022) from the Nigerian Communications Commission (NCC) put at 152.8 million. Musk’s Internet tech disruption – as described by industry observers – has jolted

January 11, 2023

Business·Markets

Nigerian Stock Market Investors Pocket N154.29bn, As Thomas Wyatt, Others Record Gain

On Wednesday, the market capitalisation of the Nigerian stock exchange increased by 0.55 per cent or N154.29 billion to N28.17 trillion, from N28.02 trillion. The growth in market capitalisation followed the 283.27 basis points gained by the All Share Index on Wednesday, which lifted

January 11, 2023

Zenith Bank’s Gross Earnings Rises By 125% In 2023

Business

Zenith Bank’s Customer Account Hacked, Loses N4 million To Hacker, Threatens Firm

On Tuesday, a Zenith Bank customer, Chiamaka Jennifer, said a hacker gained access to her account on Monday, transferring over N4 million. According to Jennifer, the hacker transferred the N4 million out of her Zenith Bank account in batches around 8:43 pm after

January 11, 2023

Business

German Aviation Expert Reveals Plan For Nigeria Air, How Much Carrier Costs FG

Prof. Tilmann Gabriel, the technical advisor to Nigeria Air, said the Airline Operators of Nigeria (AON) should accept the country’s national carrier as a competitor that will create new business. In an article titled; ‘Nigerian Airline Status 2022 – What is next

January 11, 2023

Business

GTBank Admits To Money Laundering Failure, Loses $9.3 million

The United Kingdom’s Financial Conduct Authority (FCA) revealed on Tuesday that the UK subsidiary of Guaranty Trust Bank (GTBank) has an inadequate money laundering system. As a result, it fined GTBank £11 million, stating that the money laundering system of the financial

January 11, 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 575

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

Stock Market Gains N173.73bn Amid Low Demand For Abbey Mortgage, Others

Flutterwave To Take On $20 million Debt, As It Moves To Buy Struggling UK Firm, Railsr

Peter Obi Speaks On UK Shutdown Of ‘Next’ Company

Oil Marketers Reveal Exchange Rate, Three Other Factors Causing Fuel Scarcity

10 Clever Ways To Make Money In 2023

Elon Musk’s Tech Disruption: CDMA Ghosts Hunt MTN, Airtel, Glo, 9Mobile – Sonny Aragba-Akpore

Nigerian Stock Market Investors Pocket N154.29bn, As Thomas Wyatt, Others Record Gain

Zenith Bank’s Customer Account Hacked, Loses N4 million To Hacker, Threatens Firm

German Aviation Expert Reveals Plan For Nigeria Air, How Much Carrier Costs FG

GTBank Admits To Money Laundering Failure, Loses $9.3 million

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

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