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Business News; Tracks, records, analyzes, and interprets the business, economic and financial activities, and changes that take place in societies.

Air Peace Raises One Way Ticket From Lagos To Abuja To 200k

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Air Peace Slams NCAA Report On August Flight Delays

From November 1, 2024, a one-way flight ticket from Lagos to Abuja on Air Peace is to hit N200,000. The harsh economy has been affecting...

FG, Health Workers Agree 65 Years Retirement Age, Increased Salary

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The Federal Government has announced a deed with aggrieved Joint Health Sector Unions (JOHESU) and Assembly of Healthcare Professions Association. On September 3, the unions...

Naira Gains N5.75 At Official Market

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Naira Gains N5.75 At Official Market

The Naira on Tuesday recovered from a two-day loss, appreciating at the official market to close trading at N1,382.63 against the U.S. dollar. According to...

FG Announces Date For Presentation Of 2023 Budget By President Buhari

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Barring any change, President Muhammadu Buhari is expected to present the 2023 appropriation to the National Assembly in September. The Director General, Budget Office of...

CBN Pumps $500m Into Forex Market, Promises To Clear Backlog Soon

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CBN Pumps $500m Into Forex Market, Promises To Clear Backlog Soon

In a move aimed at addressing the persistent backlog of verified foreign exchange (forex) transactions, the Central Bank of Nigeria (CBN) has injected another...

No Plan To Regulate Market Prices — FG

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FCCPC Calls For Harmonized State Electricity Market Regulations

The Federal Competition and Consumer Protection Commission (FCCPC) on Tuesday said it has no plans to regulate prices in the Nigerian market. FCCPC in a...

Stock Investors Reap N26.5trn In April, Market Cap Hits N155.7trn

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Stock Market Losses N1.9trn To Profit-Taking

The Nigerian stock market ended April 2026 on a bullish note last week, as strong buying momentum across key sectors lifted the performance indicators of...

Naira Crashes To N710 Per Dollar

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Naira Value Rises At Exchange Markets As EFCC Continues Traders’ Arrests

The naira has crashed further in the parallel market, trading for N710 against the U.S. dollar on the exchange platform Aboki Forex. Checks by Peoples Gazette (not ABN TV) on Wednesday showed the current parallel market rate pegged at N710 to a dolla...

FG, EU Collaborate To Strengthen 1.3bn Euro Trade Deals

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FG, EU Collaborate To Strengthen 1.3bn Euro Trade Deals

The Federal Government and the European Union (EU) have initiated high-level talks aimed at enhancing economic cooperation between the EU and Nigeria. A statement issued...

We Spent N42 Billion Fixing Pipelines In 6 Months – NNPC

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The Nigerian National Petroleum Corporation, NNPC has said it spent a total of N41.98bn on pipeline repairs and management cost in the first half...

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