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Business - Page 616

Air Peace Ushers in Third Embraer 190, Reinforcing Capacity and Additional Festive Connectivity

In a continued demonstration of strategic fleet expansion within Nigeria’s dynamic aviation landscape, Air Peace Limited, West and Central Africa’s largest airline, has welcomed its third Embraer 190 aircraft, reinforcing its operational capacity to meet the heightened travel demand of the festive

December 16, 2025

Elon Musk Now Twitter's Biggest Shareholder

Business·Technology

Elon Musk Accuses Twitter In New Statement, As Court Issues 22 Days To Buy Twitter

World’s richest man, Elon Musk, now has until October 28 to complete the acquisition of Twitter or risk a court trial, a Delaware’s Court of Chancery in the United States has ordered. The judge made the order on Thursday following Musk’s decision

October 7, 2022

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

Business·Currency

Dollar To Naira Exchange Rate: Again, CBN’s Intervention Fails To Save Naira Against Dollar

The United States dollar depreciated in value against the naira on Thursday, after the Bureau De Change (BDC) operator cut the cost of buying $1 in the black market by -0.27 per cent. Traders in the parallel market dropped their asking price

October 7, 2022

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

Business

Dangote Cement Accuses Kogi Gov’t Of Using Thugs To Attack Workers

Dangote Cement has reacted to the attack on its staff by thugs and local vigilantes reportedly hired by the Kogi State Government. The attack took place on Wednesday. The manufacturing company in a statement released on Thursday, said the Kogi State Government

October 7, 2022

Business

Anthony Joshua Loses N1.4 billion, As Brands Start Underpricing Boxer

Anthony Joshua has began to experience loss of revenue in sponsorships and endorsements, as his company, 258 Management, reported brands are now undervaluing the British-Nigerian boxer. The loss in revenue comes after Joshua lost his heavyweight title to Oleksandr Usyk during a

October 6, 2022

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business·Markets

Geregu Leads Gainers’ List, As Airtel Africa Top Losers’ In Nigerian Stock Market

The Nigerian stock exchange market capitalisation ended trading with N25.74 trillion, on the back of the All-Share Index which closed with 47,260.89 ASI. At the close of trading, investors exchanged N2.36 billion for over 140.67 million shares in 4,371 deals on Thursday. Top five gainers

October 6, 2022

AMA News·Business

GITEX GLOBAL 2022 takes over Dubai with a special focus on African tech ecosystem

42nd edition now the world’s largest tech and start-up show, hosting unrivalled growth in 26 halls, selling out three new halls across multi sector tech wonders Dubai will kick off GITEX 3.0 edition next week as it transports audience into the next

October 6, 2022

Business

Wema Bank Emerges Best Performing Bank in Half year 2022

Nigeria’s most innovative bank, Wema Bank Plc, has emerged the best performing bank in the first half of year 2022 financial year with a weighted average score of of 2.83 points, beating 12 other bank’s. According to a special report on the

October 6, 2022

AMA News·Business

Six reasons why YouthConnekt Africa Summit is the most awaited showcase of African innovation and talent

KIGALI, Rwanda, 6 October, 2022,-/African Media Agency (AMA)/- In less than ten days, all roads will lead to Kigali, Rwanda, for the 5th edition of the annual YouthConnekt Africa Summit 2022 (YCAS 2022). Organised by the Government of Rwanda, through its Ministry of

October 6, 2022

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business·Insights

Femi Otedola, Others Make N52 billion In One Day, Amid Plans To Buy Power Plant

Investors queued to have their hands on the shares of Geregu Power on Wednesday, as the electricity power plant company debuted on the Nigerian stock exchange. Interest were high for Geregu Power shares, resulting to the firm’s stock appreciating in value by

October 6, 2022

NNPCL Denies Inflating Fuel Subsidy Payments

Business·Oil & Gas

NNPC Reveals Why Nigeria Loses $150 million Every Day, Defends Low Earnings

Over $150 million is lost daily by the country according to the Chief Financial Officer (CFO) of the Nigerian National Petroleum Corporation (NNPC) Limited, Umar Ajiya. Pipeline vandalism and sideline production have been preventing the Nigerian oil industry from performing optimally, resulting

October 6, 2022

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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

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

What is the dollar-to-naira exchange rate on the black market,

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Business - Page 616

Air Peace Ushers in Third Embraer 190, Reinforcing Capacity and Additional Festive Connectivity

Elon Musk Accuses Twitter In New Statement, As Court Issues 22 Days To Buy Twitter

Dollar To Naira Exchange Rate: Again, CBN’s Intervention Fails To Save Naira Against Dollar

Dangote Cement Accuses Kogi Gov’t Of Using Thugs To Attack Workers

Anthony Joshua Loses N1.4 billion, As Brands Start Underpricing Boxer

GITEX GLOBAL 2022 takes over Dubai with a special focus on African tech ecosystem

Wema Bank Emerges Best Performing Bank in Half year 2022

Six reasons why YouthConnekt Africa Summit is the most awaited showcase of African innovation and talent

Femi Otedola, Others Make N52 billion In One Day, Amid Plans To Buy Power Plant

NNPC Reveals Why Nigeria Loses $150 million Every Day, Defends Low Earnings

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Air Peace Ushers in Third Embraer 190, Reinforcing Capacity and Additional Festive Connectivity

Tony Elumelu: Personal Branding As Corporate Strategy

Naira Depreciates To N1,487/$ In Black Market, Appreciates To N1,943/$ In Official Window

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

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

Amnesty International Lists Alleged Gross Human Rights Violations Under Buhari’s Administration

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