Business - Page 481

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

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

Fakoyejo Olalekan

2 years ago

Naira Strengthens To N1,576 As Dollar Supply Rises

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

Fakoyejo Olalekan

2 years ago

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

Fakoyejo Olalekan

2 years ago

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

Fakoyejo Olalekan

2 years ago

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

Fakoyejo Olalekan

2 years ago

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

Fakoyejo Olalekan

2 years ago

Creditors Ignore Nigerian Gov’t’s Loan Request After Buhari Seek Debt Cancellation

Business

Nigerian Gov’t To Lose Revenue To Dana Air Suspension, Aero Contractors Flight Withdrawal

The acting Managing Director of Nigerian Airspace Managing Agency (NAMA), Mathew Pwajok, has disclosed that the revenue of the Federal Government will decline due to challenge faced by Dana Air and Aero

Fakoyejo Olalekan

2 years ago

Business·Insights

How MTN Nigeria Investors Lost N742.93 billion In Two Days

As the capital market nosedive, investors in MTN Nigeria are counting their losses, as shareholders investment in the telecommunications company depreciated significantly. Within two days, MTN Nigeria investors lost -15.9% of their

Fakoyejo Olalekan

2 years ago

AMA News·Business

Kasi Insight and Creative VMLY&R partner to deliver data-driven marketing for brands in Africa

NAIROBI, Kenya, 26th July 2022 -/African Media Agency (AMA)/- To win in the world’s fastest-growing market, decision makers need to have better visibility on the realities of Africa’s economies, markets, and communities through

Prime Business Africa

2 years ago

Business

Nigerian Bank, FCMB Slammed With Over N3 million Penalty

FCMB Group was penalised in the second quarter of 2022, its financial statement, released on Tuesday, has revealed. The company also increased its turnover for the period under review. In the earnings

Fakoyejo Olalekan

2 years ago

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Business - Page 481

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

Nigerian Gov’t To Lose Revenue To Dana Air Suspension, Aero Contractors Flight Withdrawal

Kasi Insight and Creative VMLY&R partner to deliver data-driven marketing for brands in Africa

Nigerian Bank, FCMB Slammed With Over N3 million Penalty

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