Victor Ezeja, Author at Prime Business Africa

Nigeria’s Inflation Rate Further Drops To 32.15% In August

CardinalStone Predicts Nigeria’s Inflation To Continue Declining In August

Analysts at CardinalStone Research have predicted that Nigeria’s inflation will record further decline in August 2025, continuing the downward trajectory. The July 2025 inflation report released by the National Bureau of Statistics (NBS)

Victor Ezeja

August 17, 2025

Nigeria Retains Position As Third-largest Debtor To W’Bank’s IDA

Business

Nigeria Retains Position As Third-largest Debtor To World Bank’s IDA

Nigeria’s debt to the World Bank’s International Development Association (IDA) has increased to $18.2 billion as of 30 June 2025, reflecting a year-on-year rise of $1.7 billion or 10.3 percent from $16.5 billion recorded in

Victor Ezeja

August 17, 2025

Power

Ikeja, Eko Charge Higher As DisCos Release New Meter Prices

Electricity distribution companies (DisCos) in Nigeria recently released new prices for prepaid meters, with Ikeja Electric and Eko DisCo having the highest prices. In line with the meter price deregulation scheme, different

Victor Ezeja

August 17, 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, 17th August 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

August 17, 2025

Business

NAICOM Orders Insurers To Meet New Capital Requirement Or Face Liquidation

The National Insurance Commission (NAICOM) has issued a warning to insurance and reinsurance companies in Nigeria regarding the new Minimum Capital Requirements (MCR). The Nigerian Insurance Industry Reform Act (NIIRA) 2025, signed recently by President

Victor Ezeja

August 16, 2025

News

PenCom Seeks Increase Of Police Pension To 20%

The National Pension Commission (PenCom) has called for a significant increase in police pension contributions, urging the Federal Government (FG) to raise its contribution from 10 per cent to 20 per cent to enhance retirement benefits

Victor Ezeja

August 16, 2025

Business·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th August 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

August 16, 2025

Oando Plc's Share Price Rise By %1,286% In One Year, Market Cap Crosses N1trn

Business·Markets

Oando Completes Tranche One Share Distribution To Shareholders

Nigerian indigenous oil and gas company, Oando Plc, has announced the completion of Tranche One of its Share Distribution Programme, delivering additional value to eligible shareholders through a pro-rata share allocation. This

Victor Ezeja

August 15, 2025

Food Prices Increase By 31% In Ebonyi, Abia

Business

Nigeria’s Inflation Records Fourth-straight Drop To 21.88% Amid Food Price Surge

Nigeria’s headline inflation rate has dropped for the fourth consecutive time this year. The latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) shows that the rate

Victor Ezeja

August 15, 2025

News

Tax Reforms: FIRS Unveils 16 Tech Firms For E-Invoicing Platform

The Federal Inland Revenue Service (FIRS) has named 16 digital technology companies as certified service providers to facilitate taxpayers’ onboarding onto its National E-Invoicing Solution (Merchant-Buyer Model). The initiative aims to replace

Victor Ezeja

August 15, 2025

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Victor Ezeja

CardinalStone Predicts Nigeria’s Inflation To Continue Declining In August

Nigeria Retains Position As Third-largest Debtor To World Bank’s IDA

Ikeja, Eko Charge Higher As DisCos Release New Meter Prices

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

NAICOM Orders Insurers To Meet New Capital Requirement Or Face Liquidation

PenCom Seeks Increase Of Police Pension To 20%

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th August 2025

Oando Completes Tranche One Share Distribution To Shareholders

Nigeria’s Inflation Records Fourth-straight Drop To 21.88% Amid Food Price Surge

Tax Reforms: FIRS Unveils 16 Tech Firms For E-Invoicing Platform

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