Fakoyejo Olalekan, Author at Prime Business Africa

Nigerian Stock Market’s Total Investment Value Rises By N517 billion

Following hours of trading, the total investment in the Nigerian stock market rose by N517 billion on Friday, representing 2.03 per cent growth in the market capitalisation. Data obtained from the Nigerian Exchange

Fakoyejo Olalekan

November 25, 2022

UNIZIK Teaching Hospital Honours Air Peace Boss, Onyema, With Benefactor Award

Business·Transport

Air Peace To Resume Uyo Route With N50,000, Below Competitor’s Fare

Nigeria’s largest air carrier, Air Peace, has revealed it will resume Uyo operations to intensify competition in Akwa Ibom’s aviation market. Currently, the Uyo route depends on Ibom Air, a state government-run

Fakoyejo Olalekan

November 25, 2022

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency

Naira Sustains Slow Recovery, As Dollar Goes For N772

The naira appreciated on Thursday against the dollar in the black market, as the exchange rate between both currencies went down by 0.39 per cent. This means that the rate to exchange

Fakoyejo Olalekan

November 25, 2022

Peter Obi’s Jet Accused Of Violating Air Safety, Risks Sanction

Business·News·Top Stories

Peter Obi’s Jet Accused Of Violating Air Safety, Risks NCAA Sanctions

The Nigerian Civil Aviation Authority (NCAA) has begun investigation into possible air safety violations by the private jet that conveys the presidential candidate of the Labour Party (LP), Peter Obi, for campaigns.

Fakoyejo Olalekan

November 25, 2022

Nigeria's Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Business·News

ICAN Partners Prime Business Africa, CBN For Webinar On New Naira Notes

The Nsukka and District Society arm of the Institute of Chartered Accountants of Nigeria (ICAN) is partnering with Prime Business Africa (PBA) to enlighten stakeholders, and all Nigerians on the impact of

Fakoyejo Olalekan

November 24, 2022

Business·News

Shoprite Shuts Down DR Congo Stores To Focus On South African Operation

One year after South African retailer, Shoprite, discontinued its operation in Nigeria, the supermarket giant has shut down its stores in the Democratic Republic of Congo. Since 2012, when Shoprite entered the

Fakoyejo Olalekan

November 24, 2022

Nigeria Air: Airline Operators Hail Judiciary, Aviation Minister For Upholding Justice

Business

Domestic Airlines Settle Leadership Tussle, As Members Unite Against Nigeria Air, Ethiopian Airlines

The leadership rift among domestic airlines under the auspices of the Airline Operators of Nigeria (AON) has been resolved out of court. Members also forged a common front to prevail on the

Fakoyejo Olalekan

November 24, 2022

Aviation Workers To Shutdown Airport Operation For Two Days, Reveal Reasons

Business·Insights

Air Passengers May Pay More, As Scarcity Pushes Aviation Fuel To N800

Scarcity of aviation fuel, also known as Jet A1, in the northern region of Nigeria has pushed the price to N800, circling back to the level it was at the end of

Fakoyejo Olalekan

November 24, 2022

Nigeria’s Minimum Wage Now N19,355 – World Bank Says, Reveals Factors Hindering Growth

Business·Currency

CBN’s Deposit Record Rises By N165 billion On Old Naira Deadline

The Director of Currency for the Central Bank of Nigeria (CBN), Rasheed Adams, has disclosed that the financial regulator has received more deposits than it projected since the apex bank urged Nigerians

Fakoyejo Olalekan

November 24, 2022

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business·Markets

Stock Market: Investors Make N709.73 billion, As Living Trust, Transcorp Top Trades

The Nigerian stock exchange maintained its bull’s position on Wednesday after the market capitalisation appreciated by 2.9 per cent from the N24.47 trillion it closed previous trading day with. After trading hours on

Fakoyejo Olalekan

November 23, 2022

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Fakoyejo Olalekan

Nigerian Stock Market’s Total Investment Value Rises By N517 billion

Air Peace To Resume Uyo Route With N50,000, Below Competitor’s Fare

Naira Sustains Slow Recovery, As Dollar Goes For N772

Peter Obi’s Jet Accused Of Violating Air Safety, Risks NCAA Sanctions

ICAN Partners Prime Business Africa, CBN For Webinar On New Naira Notes

Shoprite Shuts Down DR Congo Stores To Focus On South African Operation

Domestic Airlines Settle Leadership Tussle, As Members Unite Against Nigeria Air, Ethiopian Airlines

Air Passengers May Pay More, As Scarcity Pushes Aviation Fuel To N800

CBN’s Deposit Record Rises By N165 billion On Old Naira Deadline

Stock Market: Investors Make N709.73 billion, As Living Trust, Transcorp Top Trades

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