Category : Search result: market competition


Mexican budget airlines Volaris and Viva agree to merge

Volaris and Viva, two leading Mexican low-cost carriers, have agreed to merge, pending 2026 regulatory approval. The deal aims to expand affordable air travel in Mexico amid industry turbulence. Read the full details.

Nigerian Stock Market Gains N245 Billion

The Nigerian equities market sustained its bullish trend on Wednesday, December 17, with investor wealth increasing by N244.62 billion. Key stocks like FirstHoldCo and Mecure drove the rally. Read the full analysis.

Naira Rate Gap Widens as Dollar Demand Rises

The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.

Lakowe Lakes 2025 Club Golf Championship Begins

The 2025 Lakowe Lakes Golf Championship kicks off today, featuring over 120 players competing for honours in a 36-hole event. The tournament celebrates skill and improvement across Ladies, Gentlemen, and Veterans categories. Read more.

Nigerian Equities Market Gains N997bn in Week

The Nigerian Exchange closed the first week of December positively, with investor wealth rising by nearly N1 trillion. The All-Share Index gained 1.08% as market sentiment remained strong. Discover the top gainers and most traded stocks.

SuperBall Youth League Finale Set for Lagos Stadium

The RiseVest SuperBall Youth League finale returns to Lagos National Stadium on Dec 18-19, 2025. Expect futsal, basketball, volleyball, music & festive fun. Join the celebration of youth talent!

Naira Falls as CBN Releases New FX Rate, Gap Widens

The Naira faced fresh pressure on Thursday, depreciating in both official and parallel markets. The Central Bank of Nigeria's new rate shows a widening gap with the black market. Read the full analysis.

EU Investigates Meta Over WhatsApp AI Competition

The European Union has opened an antitrust investigation into Meta, concerned its new WhatsApp AI policy may stifle competition. This marks the bloc's latest move to regulate Big Tech.

LCCI Honours Winners of AI and Robotics Competition

Lagos Chamber of Commerce and Industry celebrates young innovators in AI and robotics essay contest. Winners received cash, laptops, and seed investment. Discover how Nigerian youths are shaping the future.

Major Fire Guts Jabi Wood Market in Abuja

A devastating fire destroyed the popular Jabi Wood Market in Abuja early Wednesday. Traders lost millions in property. No casualties reported. Read more on the response and calls for aid.

Amazon's New AI Chip Aims to Rival Nvidia

Amazon Web Services launches its powerful, cost-effective Trainium3 AI chip, intensifying competition with Nvidia in the lucrative AI computing market. Discover how this impacts tech.

SEC Nigeria's Reforms Fuel Historic Market Growth

The Securities and Exchange Commission (SEC) Nigeria is transforming the capital market with new laws, investor protection, and tech. Market cap hit N91.3 trillion in November 2025. Discover the blueprint for economic prosperity.

Nigeria Capital Market Shifts to T+2 Settlement Cycle

Nigeria's capital market transitions to T+2 settlement cycle, signaling global readiness and enhancing investor confidence. Learn how this reform positions Nigeria for international competitiveness.

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