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Business - Page 660

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

Nigerian Gov’t Stops Seplat Energy, ExxonMobil’s $1.28 billion Oil Deal

Seplat Energy Plc’s plan to acquire ExxonMobil’s shallow water business in Nigeria, Mobil Producing Nigeria Unlimited (MPNU), has hit the rock following a lawsuit filed by the Nigerian National Petroleum Company (NNPC) Limited. The domestic oil and gas company had announced in

July 12, 2022

AMA News·Business

SAP Africa appoints Sandi de Souza as CFO

Sandi de Souza SAP new Chief Financial Officer for the Africa region JOHANNESBURG, South Africa, 12th July 2022 -/African Media Agency(AMA)/- SAP Africa has announced the appointment of Sandi de Souza as its new Chief Financial Officer for the Africa region. Cathy Smith, Managing

July 12, 2022

Business·World News

Cryptocurrency Investment Company, Three Arrows Capital Loses $10 billion In Four Months

Singapore-based cryptocurrency hedge fund, Three Arrows Capital, has suffered a significant loss in investment due to the meltdown in the crypto market, causing losses to other digital currency creditors. As of March, Three Arrows Capital held $10 billion in assets, part of which were

July 12, 2022

Africa·Business

Zimbabwean Gov’t Turns To Nigerian Economist, AfDB’s Akinwumi Adesina To Revive Economy

Zimbabwean government will meet with Nigerian economist and African Development Bank (AfDB) Group president, Akinwumi Adesina, to discuss solutions to its economy downturn and debt problem. The problem with Zimbabwe? The country has been struggling with soaring inflation rate of 191%, that

July 12, 2022

Business·Entertainment

Nigerian Cinema Revenue Drops N273.2 million In Six Months

The turnover on ticket sales at the Nigerian cinemas fell in June by -42.9% (N273.2 million) to N363 million in H1 2022, as cinema goers reduce their screen time amid soaring inflation, that has forced readjustment of priorities in the country. In

July 11, 2022

Business

Nigerian Gov’t Lashes Out At Investors Over Failing Electricity Companies

The Director-General of government agency, Bureau of Public Enterprises (BPE), Alex Okoh, has criticised comments by the sacked owners of Benin, Kano, Kaduna and Ibadan Distribution Companies (DisCos). Last week, Fidelity Bank had moved to retrieve its loan obtained by the former

July 11, 2022

Business·Technology

Elon Musk Reveals What Will Happen After Twitter Board Sue Him

The Chief Executive Officer of Tesla, Elon Musk, has mocked the decision of Twitter board to sue him after the founder of SpaceX withdrew his offer to acquire the company on Friday. Twitter board had released a statement after Musk terminated the

July 11, 2022

AMA News·Business

Bybit Launchpad 2.0 to Host Land of Conquest (SLG) IEO

SINGAPORE, 11 July 2022 -/African Media Agency(AMA)/- Bybit, one of the world’s fastest-growing crypto exchanges, will list SLG, the governance token of Land of Conquest, on Bybit Launchpad 2.0. Land of Conquest is an upcoming play-to-earn Massive Multiplayer Online Simulated Life Game (MMOSLG) developed by

July 11, 2022

Business

Nigeria Loses $6.92 billion In Capital Importation, Ahead World Bank Projection

In the first quarters between 2019 and 2022, Nigeria’s capital importation has dropped by $6.92 billion, with companies attracting less foreign equipment and capital inflow into the country. According to the Nigerian Bureau of Statistics (NBS), foreign investment inflow depreciated from $8.49 billion in

July 11, 2022

Fuel Stations To Increase Petrol Price To Over N700, Oil Marketers Give Reasons

Business·Oil & Gas

NNPC Increases Fuel Price In Own Filling Stations Amid Scarcity In Other Private Stations

The Nigerian National Petroleum Company (NNPC) Limited has increased price for premium motor spirit (PMS) at its filling stations amid fuel scarcity. Prime Business Africa gathered that NNPC retail stations hiked fuel pump by N10 on Sunday, with motorists and individuals buying

July 11, 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 660

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

Nigerian Gov’t Stops Seplat Energy, ExxonMobil’s $1.28 billion Oil Deal

SAP Africa appoints Sandi de Souza as CFO

Cryptocurrency Investment Company, Three Arrows Capital Loses $10 billion In Four Months

Zimbabwean Gov’t Turns To Nigerian Economist, AfDB’s Akinwumi Adesina To Revive Economy

Nigerian Cinema Revenue Drops N273.2 million In Six Months

Nigerian Gov’t Lashes Out At Investors Over Failing Electricity Companies

Elon Musk Reveals What Will Happen After Twitter Board Sue Him

Bybit Launchpad 2.0 to Host Land of Conquest (SLG) IEO

Nigeria Loses $6.92 billion In Capital Importation, Ahead World Bank Projection

NNPC Increases Fuel Price In Own Filling Stations Amid Scarcity In Other Private Stations

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

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