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Business - Page 648

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

Business·Oil & Gas

UN Criticises Oil Companies For Making Over $100 billion In Three Months

The secretary-general of the United Nations, António Guterres, has condemned oil and gas companies for taking advantage of the rising price of crude oil to increase their earnings in the first quarter of 2022. Combined profits of some of the largest energy

August 4, 2022

Business·News·Sports

Chelsea Unveils £20 Million Talent Carney Chukwuemeka

Chelsea on Thursday confirmed the signing of Anglo-Nigerian midfielder Carney Chukwuemeka from Aston Villa reports Prime Business Africa.

August 4, 2022

CBN Places Service Restriction On PoS Agents Across Nigeria

Business·Currency

CBN Accuses Nigeria’s Private Sector Of Hoarding Dollars

The private sector have been directed to repatriate the foreign exchange earnings obtained from the Central Bank of Nigeria (CBN) to conduct business in the international market. According to CBN’s Deputy Director, Banking Services, Egboagwu Ezulu, the private sector have a problem

August 4, 2022

CBN Denies Discriminating Against People With Physical Disabilities Seeking Job

Business

CBN, AMCON Allegedly Planning To Sell Polaris Bank, To Lose N1.16 trillion In Deal

The Central Bank of Nigeria (CBN) is reportedly planning to sell Polaris Bank at the cost of N40 billion to Auwal Lawan Abdullahi, a commercial farmer and the Sarkin Sudan of Gombe State. Polaris Bank has been under the management of debt

August 4, 2022

Buhari Pledges Support For Stability Of Chad

Business

President Buhari Approves $2.59 billion To Develop Badagry Seaport

The Federal Executive Council (FEC) has approved the sum of $2.59 billion to develop the Badagry Seaport. The trade route will be developed to reduce unemployment in Nigeria. Approval for the development of the Badagry Seaport was obtained during the Federal Executive

August 4, 2022

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

Business·Markets

Nigerian Stock Market: Investors Lose N16.75 billion In Six Hours

Nigerian bourse fell -0.06% on Wednesday, representing a loss of N16.75 billion. This dragged the market capitalisation down to N27.28 trillion from N27.30 trillion. The All-Share Index lost 31.07 basis points from the 50,626.04 ASI recorded on Tuesday, declining to 50,594.97 ASI.

August 3, 2022

AMA News·Business

World’s Largest Crypto Trading Competition Breaks Records Despite the Bear Market

Bybit’s World Series of Trading (WSOT) is the “World Cup of crypto trading” This year it featured the largest prize pool in history The crypto trading competition drew a record number of participants VICTORIA, Seychelles, 3 August 2022 -/African Media Agency(AMA)/- The WSOT, the

August 3, 2022

Business·News

Wema Bank Records 50% Gross Earnings In First Half Of 2022

Wema Bank Plc, pioneer of Africa’s first fully digital bank in Nigeria has posted a growth performance across all financial indices in the First-Half of its 2022 operations. This is contained in the Financial Results for the Period Ended 30 June, 2022

August 3, 2022

Business

Nigerian Gov’t’s N6 billion Train Revenue At Risk, As NRC Suspends Lagos-Kano Service

Train service through the Lagos-Kano and Ajaokuta routes have been suspended, casting doubt on the government’s ability to generate another N6.08 billion from passengers in 2022. The Nigeria Railway Corporation (NRC) suspended services on the Lagos-Kano railway due to rising insecurity in

August 3, 2022

Presidential Poll: Obasanjo Warns About Looming Danger, Accuses INEC Of Attempts To Subvert Will Of Nigerians

Business

Obasanjo’s Fishery Business Risks Going Bankrupt, As Former President Laments

Former President, Olusegun Obasanjo, has cried out over the rising price of diesel that has made cost of doing business in Nigeria skyrocket, and also threaten his fishery enterprise. Obasanjo said his fishery business could go bankrupt due to the price of

August 3, 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 648

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

UN Criticises Oil Companies For Making Over $100 billion In Three Months

Chelsea Unveils £20 Million Talent Carney Chukwuemeka

CBN Accuses Nigeria’s Private Sector Of Hoarding Dollars

CBN, AMCON Allegedly Planning To Sell Polaris Bank, To Lose N1.16 trillion In Deal

President Buhari Approves $2.59 billion To Develop Badagry Seaport

Nigerian Stock Market: Investors Lose N16.75 billion In Six Hours

World’s Largest Crypto Trading Competition Breaks Records Despite the Bear Market

Wema Bank Records 50% Gross Earnings In First Half Of 2022

Nigerian Gov’t’s N6 billion Train Revenue At Risk, As NRC Suspends Lagos-Kano Service

Obasanjo’s Fishery Business Risks Going Bankrupt, As Former President Laments

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

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

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SEC Orders Full Registration of Tradable Instruments by January 2026

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

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