PBA Reporter, Author at Prime Business Africa

Shell Suspends Exploration Offshore South Africa After Legal Challenge

Shell has suspended seismic exploration activity off South Africa’s east coast, terminating a contract for the Amazon Warrior survey vessel after a High Court ordered it to pause work after a legal challenge by environmental groups. S&P Global Platts quoted a Shell

January 6, 2022

Business

Presidency Announces Airing Of Buhari’s Interviews Wednesday, Thursday

The Presidency has announced that the Channels Television will broadcast its exclusive interview with President Muhammadu Buhari on Jan. 5, 2022 at 7 p.m. The President’s spokesman, Mr Femi Adesina, made this known in a statement on Wednesday in Abuja. “Similarly, another

January 5, 2022

News

Oromoni: Lagos Govt Clears Five Dowen Students, Staff, Orders Release Of Suspects

The Lagos State Government has cleared five students and five employees of Dowen College accused of complicity in the death of 12-year-old Sylvester Oromoni. The state cleared them as well as the school following the Legal Advice of the Director of Public

January 5, 2022

Business

Ekeh, Zinox Boss Commits Over N500m To Create Jobs In Imo

Leo Stan Ekeh, serial digital entrepreneur and Chairman, Zinox Group, has committed the sum of over N500 million towards a novel initiative to create jobs and promote peace in Imo State. Ekeh, a native of Mbaitoli in Imo State, announced the contribution during a

January 5, 2022

Business

INTERVIEW: Access Bank CEO, Herbert Wigwe, Discusses The Company’s Expansion Plans

Nigeria’s Access Bank has grown from a small commercial operation to a global financial brand. Access now wants to provide banking services to half of all Nigerians in 2022 and act as the continent’s gateway to the rest of the world. Herbert

January 5, 2022

Business

OPEN LETTER: Tony Elumelu Shares Key Values African Entrepreneur Must Pursue In 2022

Tony Onyemaechi Elumelu (CON), a Nigerian economist, entrepreneur, and philanthropist has penned an open letter to African entrepreneurs. The founder of the Tony Elumelu Foundation is propagating the message of ‘Africapitalism’. The coinage signifies an economic philosophy predicated on the belief that

January 5, 2022

Business

INTERVIEW: FirstBank Is Resilient, Stable And Built For The Long Haul – Adeduntan

Dr. Adesola (“Sola”) Kazeem Adeduntan (FCA) is the managing director/chief executive officer of First Bank Nigeria Limited, last year saw his tenure extended as part of efforts to ensure the stability of the financial institution. Prior to this appointment, he was an Executive

January 5, 2022

Nigerian Gov’t Spends N96 Out Of Every N100 To Pay Debt - World Bank Says, Reveals Impact

Business

Nigeria’s Debt Vulnerable, Costly – World Bank Alerts

The World Bank has disclosed that Nigeria’s debt, which may be considered sustainable for now, is vulnerable and costly. According to the Washington-based global financial institution, the country’s debt is also at risk of becoming unsustainable in the event of macro-fiscal

January 4, 2022

Business

CBN Vows To Improve Credit For Households, SMEs In 2022

The Central Bank of Nigeria (CBN) has disclosed that it will improve access to finance and credit for households, small and medium-sized enterprises (SMEs) in 2022. Godwin Emefiele, CBN governor, made this known at an event held recently in Lagos. Emefiele emphasised the need

January 4, 2022

Oil & Gas

OPEC Appoints New Secretary-General As Mohammad Barkindo’s Tenure Ends July

The Organisation of the Petroleum Exporting Countries (OPEC) has voted to appoint Kuwaiti candidate Haitham Al-Ghais as its new secretary-general In a statement, the oil cartel said Al-Ghais was selected at a special meeting of the Conference of OPEC held via videoconference on Monday,

January 4, 2022

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PBA Reporter

Shell Suspends Exploration Offshore South Africa After Legal Challenge

Presidency Announces Airing Of Buhari’s Interviews Wednesday, Thursday

Oromoni: Lagos Govt Clears Five Dowen Students, Staff, Orders Release Of Suspects

Ekeh, Zinox Boss Commits Over N500m To Create Jobs In Imo

INTERVIEW: Access Bank CEO, Herbert Wigwe, Discusses The Company’s Expansion Plans

OPEN LETTER: Tony Elumelu Shares Key Values African Entrepreneur Must Pursue In 2022

INTERVIEW: FirstBank Is Resilient, Stable And Built For The Long Haul – Adeduntan

Nigeria’s Debt Vulnerable, Costly – World Bank Alerts

CBN Vows To Improve Credit For Households, SMEs In 2022

OPEC Appoints New Secretary-General As Mohammad Barkindo’s Tenure Ends July

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