Victor Ezeja, Author at Prime Business Africa

Diezani Loot: Why US Has Right To Monitor Use Of Recovered Funds In Nigeria

A Senior Advocate of Nigeria, Wahab Shittu, has said the United States government has the right to monitor the utilisation of recovered funds linked to a former Nigeria’s Minister of Petroleum Resources, Diezani Alison-Madueke. Alison-Madueke was accused of looting millions of dollars

January 11, 2025

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

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 11th January 2025

What is the Dollar to Naira Exchange rate at 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 as black market, especially the Aboki Fx as

January 11, 2025

5 Things To Know About New Ohanaeze President-General Azuta-Mbata

News·Politics

Five Things To Know About New Ohanaeze President-General, Azuta-Mbata

Apex Igbo socio-cultural organisation, Ohanaeze Ndigbo Worldwide has elected former Senator John Azuta-Mbata as President-General. The election which took place on Friday in Enugu was witnessed by South-east governors, Peter Mbah (Enugu), Prof. Chukwuma Soludo (Anambra) and Hope Uzodimma (Imo). The election

January 10, 2025

Benefits Of Dangote Refinery’s PMS, Diesel Distribution Plan

Business·Oil & Gas

Dangote Refinery Builds 6.3 Million Barrels Capacity Storage, Plans More Crude Import

Dangote Refinery has set out to build eight new storage tanks with a combined capacity of 6.3 million barrels of crude oil to store crude. This is as the 650,000-barrel-a-day capacity refinery plans to import more crude oil in 2025 following its

January 10, 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 10th January 2025

What is the Dollar to Naira Exchange rate at 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 as black market, especially the Aboki Fx as

January 10, 2025

Business

Tariff Increase Will Make Telecom Sector More Sustainable – Rewane

Chief Executive Officer of Financial Derivatives, Bismarck Rewane, has said the proposed increase in tariff by telecoms companies would make the sector more sustainable. Rewane said the proposed tariff increase would not be a “bad deal” for both telecoms companies and consumers.

January 9, 2025

Business·News·Power

Nigerian Govt Incurs ₦464.12bn Electricity Subsidy Obligation

The Nigerian government incurred ₦464.12 billion in subsidy obligation in the third quarter (Q3) 2024. This was revealed in the latest report by the Nigeria Electricity Regulatory Commission (NERC) for Q3 2024. According to the report, the Federal Government incurred the sum

January 9, 2025

News

We’re Not Going To Revive Nigeria Air Project – Nigeria Govt

The Nigerian government has cleared the air on the issue of reviving the Nigeria Air Project. Permanent Secretary, Ministry of Aviation and Aerospace Development, Dr. Ibrahim Abubakar Kana, said the Federal Government has no intention to revive the botched Nigeria Air Project.

January 9, 2025

Capital Importation: Banking Sector Records Highest Inflow In Q3 2024

Business·Finance & Economy

Nigeria’s External Reserves Drop Slightly To $40.912bn

Nigeria’s external reserves dropped to $40.912 billion as of 7th January 2025. This is a slight decrease from $40.920 billion recorded on 6th January 2025. This is according to the Central Bank of Nigeria’s external reserves movement data obtained by Prime Business

January 9, 2025

Naira Opens Week With Gain Across FX Markets

Business·Currency·Markets

Naira Records First Major Depreciation At Official Market In 2025

The naira recorded the first major depreciation at the official foreign exchange market in 2025. The local currency closed trading at N1,545 per dollar at the official market on Wednesday, 8th January. This is the third consecutive time in 2025, according to

January 9, 2025

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Victor Ezeja

Diezani Loot: Why US Has Right To Monitor Use Of Recovered Funds In Nigeria

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 11th January 2025

Five Things To Know About New Ohanaeze President-General, Azuta-Mbata

Dangote Refinery Builds 6.3 Million Barrels Capacity Storage, Plans More Crude Import

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 10th January 2025

Tariff Increase Will Make Telecom Sector More Sustainable – Rewane

Nigerian Govt Incurs ₦464.12bn Electricity Subsidy Obligation

We’re Not Going To Revive Nigeria Air Project – Nigeria Govt

Nigeria’s External Reserves Drop Slightly To $40.912bn

Naira Records First Major Depreciation At Official Market In 2025

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