Kayode Shopekan, Author at Prime Business Africa

CBN Won’t Convert Customers’ Foreign Exchange Accounts To Naira

Central Bank of Nigeria (CBN) has denied reports that it planned to convert foreign exchange (FX) in domiciliary accounts of bank customers into naira. This is as the CBN has also assured members of the public that it would continue to monitor

August 4, 2021

News·Technology

Germany Achieves One Million Electric Vehicles Target On Its Roads

Germany reached a milestone when the country announced in local media that the goal of having one million electric cars on the road has been achieved. Altmaier, the Federal Minister for Economic Affairs and Energy, said, “we reached our target after 57,000

August 3, 2021

Finance & Economy·News

IMF Board Endorses Raise In Lending Capacity By $650bn

IN an attempt at improving aids coming to vulnerable countries of the world, International Monetary Fund (IMF) governing board has increased the lending capacity of the institution by $650bn.

August 3, 2021

Finance & Economy

PenCom Goes Digital On Pre-Retirement Verification Exercise

PENSION Commission has introduced digital technology into the conduct of annual pre-retirement verification and enrollment exercise,,,,,,,

August 3, 2021

Finance & Economy·News

Senate To Assist Ikeja Electric Recover N70.96 Billion Debt

Ikeja Electric Corporate Headquarters. Photo credit: Google IKEJA Electric is set to recover N70.96 billion debt owed by Ministries, Departments, and Agency through the intervention of the Senate. The Senate Committee on Privatisation and Commercialisation made this promise to assist Ikeja Electric

August 2, 2021

News

FG To Meet ASUU On Monday Over Looming Industrial Action

Minister of of Labour and Employment Chris Ngige Federal Government of Nigeria will on Monday (today) meet with leaders of Academic Staff Union of Universities (ASUU). The meeting is to iron out issues relating to the allegations raised by the lecturers regarding

August 2, 2021

News

Resident Doctors Begin Nationwide Strike Amid COVID-19 Surge

Members of the Nigerian Association of Resident Doctors (NARD) have unanimously agreed to embark on an indefinite strike from Monday August 2, 2021. NARD noted that Federal Government failed to honour and implement the Memorandum of Understanding (MoU) it signed with them

August 1, 2021

News

PDP Demands Abba Kyari’s Extradition Over Alleged Involvement With Hushpuppi

The People Democratic Party (PDP) has urged President Muhammadu Buhari to order the Inspector General of Police to investigate and possibly extradite, DCP Abba Kyari to the United States for his alleged involvement with fraud suspect, Abbas Ramon, popularly known as Hushpuppi.

July 31, 2021

News

Okagbare Disqualified From Tokyo Olympics For Doping

Nigeria’s medal hopeful Blessing Okagbare has been provisionally suspended from the ongoing Tokyo Olympics for doping. According to the Athletic Integrity Unit, Okagbare tested positive to a banned substance- human growth hormone. This information which was disclosed in the early hours of

July 31, 2021

Entrepreneurship·Finance & Economy·News

Lafarge Declares Profit Of N19.19bn In Q2 2021

Cement production company, Lafarge Africa (Wapco) Plc declared a 25.75% growth in net profit for second quarter of year (Q2 2021). Lafarge recorded 29.40% increase in revenue, taking revenue for the period to N73.55 billion from N56.84 billion in the same quarter

July 31, 2021

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Kayode Shopekan

CBN Won’t Convert Customers’ Foreign Exchange Accounts To Naira

Germany Achieves One Million Electric Vehicles Target On Its Roads

IMF Board Endorses Raise In Lending Capacity By $650bn

PenCom Goes Digital On Pre-Retirement Verification Exercise

Senate To Assist Ikeja Electric Recover N70.96 Billion Debt

FG To Meet ASUU On Monday Over Looming Industrial Action

Resident Doctors Begin Nationwide Strike Amid COVID-19 Surge

PDP Demands Abba Kyari’s Extradition Over Alleged Involvement With Hushpuppi

Okagbare Disqualified From Tokyo Olympics For Doping

Lafarge Declares Profit Of N19.19bn In Q2 2021

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