Business

Air Peace introduces new boarding procedure

Air Peace has introduced a new boarding system to provide a smoother, more professional travel experience for passengers with special needs, military personnel, and Business Class travellers. Air Peace Chairman…

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Tinubu mourns Pascal Dozie, business icon

President Bola Tinubu has expressed his heartfelt condolences to the family, business community, and all Nigerians following the passing of Chief Pascal Dozie. The elder statesman, entrepreneur, and banker died…

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Stock market declines by N659bn

The stock market opened the week on a negative note, with performance indices showing mixed results. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation declined by N659 billion or 1.01…

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Investors lose N370bn on NGX as UACN leads losers’ chart

Stock market investors traded 1.183 billion shares worth N28.868 billion in 42,397 transactions this week on the floor of the Nigerian Exchange Limited. This is in contrast to 7.521 billion…

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Equity market records mixed performance

The stock market on Thursday recorded mixed performances. Specifically, the market capitalisation shed a marginal loss of N11 billion or 0.02 per cent to close at N66.155 trillion from N66.166…

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Air Peace marks one year of LA-London route, rewards passengers

Air Peace has marked its Lagos-London one-year anniversary by rewarding passengers for their loyalty and patronage on board the Lagos-London and London-Lagos flights with giveaways, raffle draw, and a cake-cutting…

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UBA, Zenith, Wema 3 other banks record N3trn profit

………amid complaints, challenges Six banks in the country have posted N3.41 trillion as Profit After Tax (PAT) for the year 2024 ended as against the N2.1 trillion recorded in 2023…

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Fidelity Bank records 210% profit increase in 2024

Fidelity Bank Plc has reported a pre-tax profit of N385.2 billion for 2024, representing a 210 per cent growth compared to the N124.3 billion recorded in 2023. The bank, in…

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Tinubu appoints Ibrahim Oloriegbe NHIA chairman

President Bola Tinubu has appointed Dr Ibrahim Oloriegbe as Chairman of the National Health Insurance Authority (NHIA), effective March 11. The appointment of the former Kwara central senator would  be…

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Wema Bank records 135% profit growth 

Wema Bank has recorded a profit before tax of N102.51 billion. This marks an increase of 135 per cent compared to the N43.59 billion recorded in 2023. The bank has…

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