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News - Page 440

Air Peace Adds Embraer 190 as Fleet Expansion Continues

October 8, 2026

Air Peace has added another Embraer 190 aircraft to its fleet, bringing the number of Embraer aircraft operated by the Nigerian carrier to 18 as it continues to expand its domestic, regional

News·Nigeria·Security·Top Stories

Army turns Old Oyo National Park into Training Ground after Abductions

October 8, 2026

The Nigerian Army has designated the entire stretch of Old Oyo National Park in Oyo State as a military training ground to prevent kidnappers and other criminal groups from using the forest

News·Power

Aba Power Recovers 50MW, Turns On New

Aba Power has turned on a new 47 megawatts turbine in its embedded power plant in Osisioma Industrial area in Aba, the commercial city of Abia State. According to a statement released Wednesday, the Aba Power brand and communication manager, Edise Ekong,

February 6, 2025

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business News·Markets·News

Naira Appreciates To N1,590/$1 In Black Market

The Naira appreciated to N1,590 per dollar in the black market on Wednesday, breaking the N1,600 mark. This marks a 4.7% gain in one month, as the local currency rose from N1,665 per dollar traded at the beginning of the year. On

February 5, 2025

Naira Falls Against Dollar Across FX Markets

Business News·Markets·News

Naira Holds Steady As CBN Extends Dollar Access To BDC Operators

The naira closed flat on Tuesday across foreign exchange (FX) markets following reduced demand and improved liquidity. This development came as the Central Bank of Nigeria (CBN) extended access to Bureau De Change (BDC) operators for purchasing dollars. At the Nigerian Foreign

February 5, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business News·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th February 2025

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market also known as black market, especially the Aboki Fx as

February 5, 2025

Banking In Nigeria: A Tale Of Frustration, Long Queues, High POS Charges

Business News·FEATURES·Finance & Economy·News

Banking In Nigeria: Tale Of Frustration, Long Queues, High POS Charges

In recent years, Nigeria’s banking landscape has shifted dramatically. The rise of Point-of-Sale (POS) operators has transformed how many Nigerians access their money. While these agents offer convenience, they’ve also introduced new challenges, especially concerning cash withdrawals. Many Nigerians now face long

February 5, 2025

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business News·Markets·News

Nigeria’s Equity Market Gains 0.15% As Northern Nigeria Flour Mills, Beta Glass Lead Rally

Nigeria’s equity market extended its positive momentum on Tuesday, rising by 0.15%. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) moved from 104,630.3 points to 104,788.35 points. Similarly, the equity market capitalization increased from N64.791 trillion to N64.889 trillion. Market analysts attributed

February 5, 2025

Business News·News·Power

₦200bn Monthly Electricity Subsidy Benefits Only Wealthy Nigerians – Energy Adviser

By Kelechi Ogbu Olu Verheijen, Special Adviser to Nigeria’s President Bola Tinubu on Energy, has revealed that the Federal Government spends over ₦200 billion every month on electricity subsidies. She said the electricity subsidies benefit only wealthiest 25 per cent of Nigerians

February 5, 2025

I Never Said I’ll Be Vice President To Anyone – Obi

News·Politics

Bandenoch’s Scathing Remarks Should Push Us To Strive For Better Nigeria – Obi

By Kenechukwu Onah Labour Party presidential candidate in 2023 election, Mr. Peter Obi, has urged Nigerians to see negative remarks by Nigeria-born UK parliamentarian, Kemi Badenoch and others about Nigeria, as a push to strive for a better country. He noted that

February 4, 2025

Business News·News

Nigeria’s External Reserve Drops By $1.19bn In Less Than One Month

Nigeria’s external reserve has dropped by $1.19 billion in just three weeks and five days, according to data from the Central Bank of Nigeria (CBN). The gross external reserve, which stood at $40.920 billion on January 6, 2025, declined steadily to $39.723

February 4, 2025

Minister of Art Culture Tourism and Creative Economy Hannatu Musawa

News

What Nigeria Hopes To Achieve With Creative And Tourism Corporation

The Federal government is determined to bring tourism contribution to the Nation’s GDP at par with that of Morocco, South Africa and Egypt through the new Creative And Tourism Corporation, it has been revealed. Minister of Art, Culture, Tourism, and Creative Economy,

February 4, 2025

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Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

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South Africa will raise petrol prices by more than 11%

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

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News - Page 440

Air Peace Adds Embraer 190 as Fleet Expansion Continues

Army turns Old Oyo National Park into Training Ground after Abductions

Aba Power Recovers 50MW, Turns On New

Naira Appreciates To N1,590/$1 In Black Market

Naira Holds Steady As CBN Extends Dollar Access To BDC Operators

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th February 2025

Banking In Nigeria: Tale Of Frustration, Long Queues, High POS Charges

Nigeria’s Equity Market Gains 0.15% As Northern Nigeria Flour Mills, Beta Glass Lead Rally

₦200bn Monthly Electricity Subsidy Benefits Only Wealthy Nigerians – Energy Adviser

Bandenoch’s Scathing Remarks Should Push Us To Strive For Better Nigeria – Obi

Nigeria’s External Reserve Drops By $1.19bn In Less Than One Month

What Nigeria Hopes To Achieve With Creative And Tourism Corporation

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Air Peace Adds Embraer 190 as Fleet Expansion Continues

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