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Business - Page 633

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Exchange Rates For Dollar Increase Across Parallel, Official Markets

In the black market on Thursday, December 18, the naira depreciated against the United States dollar (USD) by 0.13 percent to N1,489.01/$1, from the N1,487.01/$1 reported on Wednesday, December 17. According to Naira Rates data, while the foreign exchange (FX) rate for

December 18, 2025

MTN Service Down Time Caused By Damaged Undersea Cables

Business

MTN 5G Broadband Sells At N50,000

MTN Nigeria has begun sale of 5G broadband after becoming the first Nigerian telecommunications firm to roll out the fifth-generation technology standard for broadband cellular networks on August 24, 2022. The network provider had secured the 5G spectrum alongside Mafab Communications Limited

September 2, 2022

Business·News·Sports

Athletico Club Signs Nigeria Striker Umar On Six Years Deal

Athletico Bilbao in an official statement on their official website on Thursday announced the deadline day signing of Super Eagles striker Sadiq Umar on a six-year contract until 2028

September 1, 2022

AMA News·Business

Truecaller Launches Vastly Improved iOS App

Brand-new app oﬀers 10x better spam & business detection STOCKHOLM, Sweden, 1 September 2022 -/African Media Agency(AMA)/- Truecaller, the world’s leading global communications platform, today launched a brand new version of its iOS app for users around the world. Traditionally, Truecaller has

September 1, 2022

Business

Pres. Buhari Appoints First Lady’s Brother To Head Company Printing Naira Notes

President Muhammadu Buhari has made the appointment of Ahmed Halilu, the acting Managing Director of Nigerian Security Printing and Minting Company (NSPMC), permanent. Halilu, who happens to be the elder brother of the First Lady, Aisha Buhari, had been the acting MD

September 1, 2022

Trump Requests Postponement Of Classified Documents Trial Until After 2024 Election

Business·News·World News

Google Play Yanks Off Donald Trump’s Social Media App ‘Truth Social’

Popular online store where people go to find their favorite app, called, Google Play has yanked off Truth Social, a social media app founded by Former US President Donald Trump over content moderation concerns. Google says, the platform violates its policies on

September 1, 2022

Business·News·World News

BREAKING: UN-chattered, Wheat Loaded Ship Arrives Ethiopia To Wrestle Hunger

A UN-chartered ship loaded with Ukrainian wheat has berthed in Djibouti, the Ethiopia capital, ready to wrestle the ground the country’s starvation scourge. The bulk carrier MV Brave Commander, which is carrying 23,000 tonnes of grain, docked in the Horn of

September 1, 2022

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

Business

First Bank Completes Acquisition Of Access Bank‘s Pension Business

First Pension Custodian Nigeria Limited, the subsidiary of First Bank of Nigeria, has fully taken over possession of Access Pension Fund Custodian Limited, the pension subsidiary of Access Bank. In a statement released by Access Holdings, the company disclosed that the entire

September 1, 2022

Flutterwave Says N2.9 Billion Hack Report Not True

Business·Technology

Kenyan Court Freezes 22 Accounts Belonging To Flutterwave, As Crackdown Continues

About 22 accounts belonging to Nigerian financial technology (Fintech) company, Flutterwave, has been blocked from transferring or withdrawing by Kenyan court, amid investigation by authorities in the country. Kenya’s Assets Recovery Agency (ARA) had filed for a court order to restrain Flutterwave

September 1, 2022

Domestic Airplane Ticket Rises By 97.09%, As Inflation, Dollar Rate, Others Bite

Business

N19 billion Debt Is Not Fraud – Airline Operators of Nigeria Counters Comment By NCAA DG

The Airline Operators of Nigeria (AON) have denied claims that the umbrella body for local carriers defrauded Federal Airports Authority of Nigeria (FAAN), the Nigerian Civil Aviation Authority (NCAA), and other Nigerian aviation agencies. Reports had emerged on Wednesday that domestic airlines

September 1, 2022

Emirates To Suspend Flights To Nigeria Over Inability To Repatriate Earnings

Business

Trapped Funds: Emirates Airlines To Proceed On Suspension of Nigerian Flights Despite CBN Intervention

Emirates Airlines has revealed that the suspension of Nigerian flights will continue after the Central Bank of Nigeria (CBN) released funds to settle protest among foreign airlines over trapped funds. Two weeks ago, the United Arab Emirates national carrier disclosed that it

September 1, 2022

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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 633

Exchange Rates For Dollar Increase Across Parallel, Official Markets

MTN 5G Broadband Sells At N50,000

Athletico Club Signs Nigeria Striker Umar On Six Years Deal

Truecaller Launches Vastly Improved iOS App

Pres. Buhari Appoints First Lady’s Brother To Head Company Printing Naira Notes

Google Play Yanks Off Donald Trump’s Social Media App ‘Truth Social’

BREAKING: UN-chattered, Wheat Loaded Ship Arrives Ethiopia To Wrestle Hunger

First Bank Completes Acquisition Of Access Bank‘s Pension Business

Kenyan Court Freezes 22 Accounts Belonging To Flutterwave, As Crackdown Continues

N19 billion Debt Is Not Fraud – Airline Operators of Nigeria Counters Comment By NCAA DG

Trapped Funds: Emirates Airlines To Proceed On Suspension of Nigerian Flights Despite CBN Intervention

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Dollar Trades Flat In Black Market, Appreciates In Official Window

Airplane Crashes at Owerri Airport – Four Injured, No Fatalities

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Nigeria Placed on U.S. Partial Travel Ban List as Restrictions Expand to 39 Countries

Exchange Rates For Dollar Increase Across Parallel, Official Markets

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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

Nigeria Placed on U.S. Partial Travel Ban List as Restrictions Expand to 39 Countries

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Business - Page 633

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