Victor Ezeja, Author at Prime Business Africa

CBN Raises Benchmark Interest Rate To 26.75% Amid Soaring Inflation

Nigeria’s Gross External Reserves Rise To $40.11bn – CBN

The Central Bank of Nigeria (CBN) Governor, Dr Olayemi Cardoso, says Nigeria’s gross external reserves rose to $40.1 billion as of July 2025. He said this figure represents about 9.5 months of import

Victor Ezeja

July 23, 2025

Why CBN Retained Bencmark Interest Rate At 27.5%

Finance & Economy

Again, CBN Retains Benchmark Interest Rate At 27.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has again voted to retain the Monetary Policy Rate, the benchmark interest rate, at 27.50 per cent. The decision was

Victor Ezeja

July 22, 2025

Business·Oil & Gas·Top Stories

NNPC Revenue Drops By 23.9% Amid Global Oil Market Volatility

The Nigerian National Petroleum Company (NNPC) Limited reported a 23.9 per cent decline in oil revenue in June 2025, dropping to ₦4.57 trillion from ₦6 trillion in May. This marked the lowest revenue in three months. The drop was attributed to

Victor Ezeja

July 22, 2025

News

Police Retirees Protest: Officers’ Salaries, Welfare Should Be Reviewed To Increase Pension, Gratuity – Expert

President, Pension Fund Operators Association of Nigeria, Oguche Agudah, has called on the Federal Government and police hierarchy to review the salary structure and welfare of police officers as a way of

Victor Ezeja

July 22, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22nd July 2025

What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian naira (NGN) in the parallel market, also known

Victor Ezeja

July 22, 2025

Business·Currency·Markets

Naira Falls Against Dollar Across FX Markets

After ending last week on a positive note, the Nigerian naira depreciated against the United States Dollar across official and parallel foreign exchange windows as the market opened this week. The Central

Victor Ezeja

July 22, 2025

Services, Industry Sectors Drive Economic Growth As GDP Rises By 3.13% In Q1 2025

Business·Finance & Economy·Top Stories

Services, Industry Sectors Drive Nigeria’s Economic Growth As GDP Rises By 3.13% In Q1 2025

Nigeria’s economy grew by 3.13 per cent year-on-year (YoY) in real terms in the first quarter (Q1) of 2025. This is according to data released by the National Bureau of Statistics (NBS) on Monday, 21 July 2025.

Victor Ezeja

July 21, 2025

Nestlé Nigeria Trains 100 Plastics Waste Workers For Sustainable Future

News

Nestlé Nigeria Trains 100 Plastic Waste Workers For Sustainable Future

In recognition of the role of waste recycling both to the environment and the economy, Nestlé Nigeria has launched a comprehensive Safety, Health, and Environment (SHE) Training Programme, aimed at empowering 100

Victor Ezeja

July 21, 2025

Benefits Of Dangote Refinery’s PMS, Diesel Distribution Plan

Business·Oil & Gas

Oil, Gas Suppliers Kick Against Dangote’s Direct Supply To End Users

Plans by Dangote refinery to begin direct supply of petroleum products to end users have been met with opposition by Natural Oil & Gas Suppliers Association of Nigeria (NOGASA). The group said

Victor Ezeja

July 21, 2025

Nigeria’s Electricity Tariff Hike: Any Impact On Productivity?

Business·Power

GenCos Reject Band A Electricity Tariff Slash To N160/kwh In Enugu

Power Generation companies have responded to the declaration of tariff slash for Band A customers in Enugu State, saying it is unsustainable. The GenCos strongly opposed the order issued by the Enugu

Victor Ezeja

July 21, 2025

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Victor Ezeja

Nigeria’s Gross External Reserves Rise To $40.11bn – CBN

Again, CBN Retains Benchmark Interest Rate At 27.5%

NNPC Revenue Drops By 23.9% Amid Global Oil Market Volatility

Police Retirees Protest: Officers’ Salaries, Welfare Should Be Reviewed To Increase Pension, Gratuity – Expert

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22nd July 2025

Naira Falls Against Dollar Across FX Markets

Services, Industry Sectors Drive Nigeria’s Economic Growth As GDP Rises By 3.13% In Q1 2025

Nestlé Nigeria Trains 100 Plastic Waste Workers For Sustainable Future

Oil, Gas Suppliers Kick Against Dangote’s Direct Supply To End Users

GenCos Reject Band A Electricity Tariff Slash To N160/kwh In Enugu

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Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 17th August 2025

Court Jails Four Following Sting Operation At Obasanjo Library – EFCC

Nigeria Only Needs Visionary Leadership To Achieve Inclusive Prosperity – Aniagolu-Okoye

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