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PBA Reporter

AfDB

AfDB Okays €9.8m To Support Venture Capital Investments

An equity investment of €9.8 million has been approved as a support venture capital investments in African startups by board of the African Development Bank Group (AfDB). Prime Business Africa is aware that the development finance institution announced this in a statement
April 20, 2022
IMF

Nigeria’s Economy To Grow By 3.4% In 2022 – IMF

The International Monetary Fund (IMF) has disclosed that Nigeria’s economy would grow by 3.4 per cent in 2022 in its latest world economic outlook projections. The IMF revealed a 3.1 per cent growth projection for the nation in 2023, down from 3.4
April 19, 2022
Chrisland: Whitney Was Electrocuted, Lagos Government

Chrisland Finally Reacts To Sex Scandal

The authorities of Chrisland School have finally reacted to the sex tape scandal involving its students in Dubai, United Arab Emirates. Pupils from the private school located in Victoria Garden City were in the UAE to participate in the World School Games
April 18, 2022
Chrisland: Whitney Was Electrocuted, Lagos Government

BREAKING: Lagos Govt Shuts Down Chrisland Schools

Following a controversy generated over an “immoral act” engaged in by students of the school during a trip to Dubai, Lagos State Government has shut down all Chrisland Schools in Lagos State indefinitely. The shutdown notice was contained in a press statement
April 18, 2022
DMO

How Nigeria Can Lower Debt Service-To-Revenue – DMO

The Debt Management Office (DMO) has disclosed that Nigeria can lower its debt service-to-revenue ratio if it generates higher revenue like Ghana, Kenya, and Angola. The DMO explained that Nigeria has a revenue-to-Gross Domestic Product ratio of nine per cent while Ghana,
April 16, 2022
Inflation in Nigeria

Nigeria’s Inflation Hits Six-month High

The consumer price index, which measures the rate of increase in the price of goods and services, rose to the highest level since October 2021. The Consumer Price Index (CPI) report for February 2022, which was released on Friday by the National
April 15, 2022
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