Allen Onyema, chief executive officer (CEO) of Air Peace, says some airlines are conspiring to take his company out of business by underpricing the flight tickets for the Lagos-London route.
Business
The United Bank for Africa (UBA) says it recorded N757.7 billion in profit before tax (PBT) in 2023 — rising from N201 billion in 2022. In a statement on Tuesday
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has set up a textile and garment workshop for fashion designers. The agency also granted one month of free access
Electricity distribution companies (DisCos) have started publishing their inability to meet the required power supply for Band A customers — as directed by the Nigerian Electricity Regulatory Commission (NERC). On
The Nigerian Electricity Regulatory Commission (NERC) has asked power distribution companies (DisCos) to prioritise customers on Band A for metering.
The naira, on Monday, appreciated to N1,120 per dollar at the parallel section of the foreign exchange (FX) market. The
First Bank Nigeria (FBN) Holdings has announced its plan to sell shares to private investors and existing shareholders to raise
The Nigeria Customs Service (NCS) has adjusted the foreign exchange (FX) rate for its tariffs and duties to N1,246 per
The Nigerian National Petroleum Company (NNPC) Limited owes around $3 billion to fuel traders for imported petrol. According to Reuters
Canal+ Group, a French TV channel, has announced plans to offer $2.9 billion to acquire South Africa’s MultiChoice deal. The
