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Business - Page 617

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

Business·Technology

Elon Musk’s ex-wife, Riley, Asks Him To Buy, Delete Twitter

On March 23, 2022, World’s richest person, Elon Musk, had a chat with his ex-wife, Talulah Riley, over the acquisition of Twitter, text messages made public for the court proceedings has disclosed. It was disclosed that Riley, who is an English actress

October 6, 2022

Business

Berger Paints Appoints New Managing Director, Adeyemi Adetomiwa

The board of directors at Berger Paints Nigeria have appointed Alaba Fagun as its Managing Director. Fagun was appointed to replace Adeyemi Adetomiwa. Prior to the change, Fagun was the founding managing director of UPDC Facility Management Limited (UPDCFM). She has over

October 5, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar To Naira Exchange Rate: Dollar Rises By N165, As Naira Suffers

August 5, 2022 Dollar Rates Update: The naira and dollar exchange rate depreciated in favour of the Nigerian currency on Wednesday at the black market. The traders in the parallel market dropped their asking price by N10. Bureau De Change operators sold

October 5, 2022

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business

Femi Otedola: Geregu List Shares On NGX, As Billionaire Eyes Acquisition Of New Power Plant

An electricity power plant company, Geregu Power Plc, has listed by way of introduction on the Nigerian Exchange Limited (NGX) to raise funds amid report of its expansion plan. Geregu Power, owned by Nigerian investor, Femi Otedola, listed 2.5 billion shares on

October 5, 2022

Access Bank Raises N351bn, Emerges First Nigerian Bank To Meet CBN’s N500bn Capital Requirement

Business

Access Bank To Acquire Shares Of Portuguese Investor In Angolan Bank, Finibanco

Access Bank and Montepio Holding SGPS S.A have entered into an agreement for the acquisition of Finibanco Angola S.A, as the Nigerian bank expands its operation in the African market. In a statement dated October 4, 2022,which was sent to the investing

October 5, 2022

Finance Minister Likens Hardship Caused By Old Naira Deadline To Injury

Business

Risk Of Banks’ Failure High, Threatens Depositors’ Funds – Finance Min. Zainab Ahmed

Nigerian banks risk failing after increase in social-economic challenges across the world, the Minister of Finance, Budget, and National Planning, Zainab Ahmed, has disclosed. Ahmed, during the 2022 International Association of Deposit Insurers (IADI) Africa Regional Committee workshop on Tuesday, said the high risk

October 5, 2022

Business·World News

Twitter Market Valuation Rises, As Elon Musk’s Ready To Buy Firm At Agreed Price

Twitter share skyrocket by 22.09 per cent on Tuesday after news broke that the world’s richest man, Elon Musk, has reportedly agreed to acquire the social networking site for $44 billion. Trading activities around Twitter stock showed investors confidence was high towards

October 4, 2022

Nigerians Groan As NNPCL Again Increases Pump Price of Petrol

Business·Oil & Gas

Mele Kyari Reacts, As NNPC Limited Records N674 billion Profit In 12 Months

Over N674 billion has been declared as profit after tax for 2021 by the Nigerian National Petroleum Corporation (NNPC) Limited, which recently acquired Oando retail business, OVH Energy Marketing. The net profit rose by 134.8 per cent year-on-year growth from N287 billion

October 4, 2022

Mark Zuckerberg Reveals What Being Meta CEO Feels Like

Business

Mark Zuckerberg Makes N437 billion, As Meta Investors Ignore Nigerian Gov’t Lawsuit

Mark Zuckerberg’s wealth grew on Tuesday by 2.08 per cent amid a faceoff between his company, Meta Platforms and the Nigerian government over unapproved advertisements targeting Nigerian audience. Zuckerberg’s networth rose to $51.2 billion after making over N437 billion ($1 billion) during

October 4, 2022

AMA News·Business

4 Reasons Why SMEs Are Taking To The Cloud

NAIROBI: In the midst of a period of ongoing disruption, SMEs are increasingly turning to the cloud to help evolve their business models, achieve greater efficiency, and drive innovation. According to Jade Michael, Head of Public Cloud at SAP Africa, the impact

October 4, 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 617

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

Elon Musk’s ex-wife, Riley, Asks Him To Buy, Delete Twitter

Berger Paints Appoints New Managing Director, Adeyemi Adetomiwa

Dollar To Naira Exchange Rate: Dollar Rises By N165, As Naira Suffers

Femi Otedola: Geregu List Shares On NGX, As Billionaire Eyes Acquisition Of New Power Plant

Access Bank To Acquire Shares Of Portuguese Investor In Angolan Bank, Finibanco

Risk Of Banks’ Failure High, Threatens Depositors’ Funds – Finance Min. Zainab Ahmed

Mele Kyari Reacts, As NNPC Limited Records N674 billion Profit In 12 Months

Mark Zuckerberg Makes N437 billion, As Meta Investors Ignore Nigerian Gov’t Lawsuit

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

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

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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