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Business - Page 644

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

Business·News

Aero Contractors Partners Umza Air, Takes Delivery Of 2 Aircraft To Resume Operations

Nigeria’s oldest aviation company, Aero Contractors, has procured two aircraft in a new partnership with Umza Air, to boost its services

August 11, 2022

Business·Oil & Gas

Seplat Reacts, As President Buhari Withdraws Approval For ExxonMobil Deal

Seplat Energy has reacted to statement by presidential spokesperson, Garba Shehu, that President Muhammadu Buhari has reversed the approval given for the acquisition of Mobil Producing Nigeria Unlimited (MPNU). Shehu, on Wednesday, had stated that President Buhari had chosen to stand behind

August 11, 2022

AMA News·Business

How to beat the Great Resignation with human experience management

Shiraz Khota, Human Experience Management Sales Leader at SAP Africa JOHANNESBURG, South Africa, 11 August 2022 -/African Media Agency(AMA)/- With the world gripped in a state of unprecedented uncertainty following the disruption of the pandemic and the transformational impact of technology, companies are facing

August 11, 2022

Business·Oil & Gas

Seplat Threatens Lawsuit In Latest Development Of ExxonMobil, MPNU $1.2 billion Deal

Seplat Energy has threatened to file lawsuit against persons creating falsehood relating to its acquisition deal with ExxonMobil, as disagreement within President Muhammadu Buhari’s government stalls the completion. The company issued the warning after it was accused of impropriety in the process

August 11, 2022

Business

World Bank Makes Terrifying Revelation About Nigeria’s Economy Under Buhari

Nigeria Is facing an existential threat, the World Bank has warned. The international financial body said the country has revenue problem, and its failure will have a significant impact on Africa’s economy. The World Bank’s Senior Public Sector Specialist, Domestic Resource Mobilisation,

August 11, 2022

Business

Peter Obi Sends Warning To Pres. Buhari Over Debt Ahead Of 2023 Election

The Presidential candidate for Labour Party in the coming 2023 election, Peter Obi, has frowned against the continous borrowing of President Muhammadu Buhari for consumption. Obi said its time for Buhari’s administration to borrow for investment in revenue generating development projects and

August 11, 2022

Business

Lagos State Launches Whistle-Blower Platform To Uncover Tax Evaders, Corrupt LIRS Staff

The Executive Chairman of Lagos State Internal Revenue Service (LIRS), Ayodele Subair, said the tax administrator has launched a Whistle-Blower program to uncover tax evaders. LIRS partnered with Delloite Nigeria, to utilise the Anonymous and the Confidential Whistle-Blowing facility of the accounting

August 10, 2022

Business·Insights

How Aliko Dangote Made N351.57 billion, After Losing It, Within Two Days

The founder of Dangote Cement, Aliko Dangote, lost a significant part of his investment in the company on Tuesday, after the share of the firm fell by -9.05% on the exchange floor. Dangote Cement share had dip after investors dumped the company’s

August 10, 2022

Top Two Billionaires, Bernard Arnault, Elon Musk, Lose $7.8 billion, As Wealth Drops

Business·Technology

Elon Musk Reduces Tesla Investment, As Twitter Court Battle Nears

The Chief Executive Officer of Tesla, Elon Musk, has sold part of his shares in the vehicle manufacturer, as he prepares for a court battle with social networking site, Twitter. Musk sold $6.9 billion worth of Tesla shares, according to documents submitted

August 10, 2022

Business·News·Sports

CAF Officially Launches $100m Africa Super League

The Confederation of African Football (CAF) on Wednesday officially launched the Africa Super League reports Prime Business Africa

August 10, 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 644

Exchange Rates For Dollar Increase Across Parallel, Official Markets

Aero Contractors Partners Umza Air, Takes Delivery Of 2 Aircraft To Resume Operations

Seplat Reacts, As President Buhari Withdraws Approval For ExxonMobil Deal

How to beat the Great Resignation with human experience management

Seplat Threatens Lawsuit In Latest Development Of ExxonMobil, MPNU $1.2 billion Deal

World Bank Makes Terrifying Revelation About Nigeria’s Economy Under Buhari

Peter Obi Sends Warning To Pres. Buhari Over Debt Ahead Of 2023 Election

Lagos State Launches Whistle-Blower Platform To Uncover Tax Evaders, Corrupt LIRS Staff

How Aliko Dangote Made N351.57 billion, After Losing It, Within Two Days

CAF Officially Launches $100m Africa Super League

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Exchange Rates For Dollar Increase Across Parallel, Official Markets

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Dollar Trades Flat In Black Market, Appreciates In Official Window

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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

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