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Business - Page 651

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

AMA News·Business

Niyel strengthens advisory board and operational capability

DAKAR, Senegal, 28th July 2022 -/African Media Agency (AMA)/- Niyel, international, impact-driven campaigns, advocacy and public affairs firm, is pleased to announce the appointments of Mamadou Biteye, Abbé Alphonse Seck, Joel Aristide Oulai, as they join Zeina Ndong as independent non-executive members of

July 28, 2022

Business·World News

How Chinese Gov’t Causes Asia’s Richest Woman To Lose $12.4 billion

China’s richest woman, Yang Huiyan, has lost more than half of her wealth after the real estate industry in the Asian country collapsed over lack of cash, as new investment into the sector depreciates. Huiyan had become the wealthiest woman in Asia

July 28, 2022

Business·Oil & Gas

Seplat Founder, Austin Avuru, Suffers Setback In Tell-all Book Launch

The former chief executive of Seplat Energy, Austin Avuru, has experienced a setback in his tell-all book set for release on August, after the Federal Capital Territory High Court in Bwari, shutdown the launch. Avuru had authored the book titled; “My Entrepreneurship

July 28, 2022

AMA News·Business

Aleph Hospitality signs third hotel in Uganda

With the takeover of the Best Western Plus The Athena Hotel in Kampala, Aleph Hospitality increases its hotel portfolio in Uganda to three properties KAMPALA, Uganda, 28 July 2022 -/African Media Agency(AMA)/- Aleph Hospitality, the leading Dubai-based independent hotel management company, has solidified

July 28, 2022

Buhari Mourns Isaac Sagay, Former Nigeria’s Ambassador To The Holy See

Business

FG To Rent Boeing, Air Bus Planes For Nigeria Air, Spend N707.9 million On Investigation Tool

The Minister of Aviation, Hadi Sirika, has disclosed that Nigeria’s national carrier, Nigeria Air, will lease three aircraft for the commencement of the airline’s operation. Sirika stated that the Federal Executive Council (FEC) approved the lease of aircraft during the FEC meeting,

July 28, 2022

Naira Opens Week With Gain Across FX Markets

Business·Currency

Black Market Dollar To Naira Exchange Rate: Dollar Sells For N707, As Senate Wants Scapegoat For Weak Naira

July 27, 2022 Dollar Update: The exchange rate of the dollar in Nigerian currency, naira, finally crossed the N700 mark on Wednesday in the black market, as demand for the United States legal tender skyrocket. At the close of business hour, Bureau

July 28, 2022

Business·Currency

Senate Summons Emefiele Over Rising Dollar Rate, Lists 2 Things CBN Must Do

Nigerian Senate has summoned Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over the depreciating rate of the naira, as Senator Biodun Olujimi, said someone must be punished. Emefiele was summoned following a motion raised by lawmaker representing Ekiti north,

July 27, 2022

Africa·Business

Angolan Miners Discover Largest Pink Diamond In 300 Years

Australian mining operator, Lucapa Diamond Company, said the largest pink diamond in 300 years has been discovered by Angolan miners at the Lulo mine, operated by the foreign firm. The 170 carat pink stone, which is yet to be cut and polished

July 27, 2022

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

Business

Aviation Fuel Rises From N180 To N1000, As FG Reveals No Immediate Solution

The price of aviation fuel, also known as JET A1, has risen to N1000, the President of Airline Operators of Nigeria (AON), Abdulmunaf Sarina, revealed on Tuesday, as they struggle with rising cost of operation. Within Q4 2021 and the third quarter

July 27, 2022

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Black Market Dollar To Naira Exchange Rate: Dollar Sells At N685 In Black Market, N431 In I&E Window

July 26, 2022 Dollar Rate Update: The naira remains weak against the United States currency, dollar, as scarcity overwhelms the official foreign exchange market, Investors & Exchange window, as well as the black market on Tuesday. Bureau De Change operators raised the

July 27, 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 651

Exchange Rates For Dollar Increase Across Parallel, Official Markets

Niyel strengthens advisory board and operational capability

How Chinese Gov’t Causes Asia’s Richest Woman To Lose $12.4 billion

Seplat Founder, Austin Avuru, Suffers Setback In Tell-all Book Launch

Aleph Hospitality signs third hotel in Uganda

FG To Rent Boeing, Air Bus Planes For Nigeria Air, Spend N707.9 million On Investigation Tool

Black Market Dollar To Naira Exchange Rate: Dollar Sells For N707, As Senate Wants Scapegoat For Weak Naira

Senate Summons Emefiele Over Rising Dollar Rate, Lists 2 Things CBN Must Do

Angolan Miners Discover Largest Pink Diamond In 300 Years

Aviation Fuel Rises From N180 To N1000, As FG Reveals No Immediate Solution

Black Market Dollar To Naira Exchange Rate: Dollar Sells At N685 In Black Market, N431 In I&E Window

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