Business - Page 389

Nigerian Govt's Suspension Of Taxes On Food Imports Will Stabilise Prices - NACCIMA

GSK’s Exit From Nigeria: NACCIMA Urges Govt To Create Conducive Environment For Businesses

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called on the Nigerian government to take necessary steps towards creating a conducive environment for businesses and reverse the

Victor Ezeja

August 10, 2023

Business·Currency

Dollar Rate Hits N782 In Official Window, N891 In Black Markets

In the Investors’ and Exporters’ window of the official market, the naira to dollar rate settled at N782.38/$1 at the end of trading on Wednesday. The naira depreciated in value by 3.28

Fakoyejo Olalekan

August 10, 2023

Business

Investors To Buy N150 billion-worth Of FBN Holdings Stake

FBN Holdings said the board of directors will propose a N150 billion capital raise through Rights Issue to shareholders of the company on August 15, 2023. The company intends to sell some

Fakoyejo Olalekan

August 10, 2023

Business·Markets

Shareholders Of Dangote Cement, Others Lose N621.60bn In Stock Trading

Report from the Nigerian stock market showed that shareholders in Dangote Cement and others on the losers list on Wednesday lost N621.60 billion to selloffs. The loss reduced the valuation of the

Fakoyejo Olalekan

August 9, 2023

Business

GSK Exit: LCCI Decries Challenging Business Environment In Nigeria

Lagos Chamber of Commerce (LCCI) has called on the Nigerian government to undertake a comprehensive review of the business environment in the country with a view to addressing core issues stifling competitive

Victor Ezeja

August 9, 2023

Business·News·Sports

Football Transfer News: West Ham United Agree Triple Deals For Maguire, Ward- Prowse, Alvarez

West Ham United have agreement in principle with Manchester United to sign defender Harry Maguire in deal worth £30m. Personal terms are now not expected to be a problem

Izuchukwu Okosi

August 9, 2023

World Bank Stops Loan Disbursement To Uganda Over Anti-Homosexuality Law

Africa·Business

World Bank Stops Loan Disbursement To Uganda Over Anti-Homos3xuality Law

World Bank has halted loan discussion and disbursement to Uganda’s government due to the East African country’s Anti-Homos3xuality Act 2023. In May, Uganda’s President Yoweri Museveni signed a bill criminalising homosexuality or

Fakoyejo Olalekan

August 9, 2023

Business

Banks Adopt Plan To Repay MTN, Airtel, Others N120bn USSD Debt

Deposit Money Banks (DMBs) have adopted a repayment plan to resolve their faceoff with telecommunications firms over the use of the Unstructured Supplementary Service Data (USSD) service by the banks’ customers. The

Fakoyejo Olalekan

August 9, 2023

Dangote Cement, Rand Merchant Bank Begin Commercial Paper Issuances On FMDQ Exchange

Business·Insights

Dangote, BUA, Lafarge Cement Losing Revenue To Rising Costs Of Raw Materials, Labour, Others

Nigerian Cement companies, Dangote, BUA and Lafarge Cement are losing their earnings to the rising cost of sales, Prime Business Africa analysis showed. In the first half (H1) of 2023, the cement

Fakoyejo Olalekan

August 9, 2023

Africa·Business

Shelter Afrique Roots For Green Buildings At Zambia Stakeholders Training

Pan African housing development financier, Shelter Afrique, has implored stakeholders in the built environment to put more emphasis on addressing climate change, describing it as “one of the most pressing challenges of

PBA Reporter

August 9, 2023

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Business - Page 389

GSK’s Exit From Nigeria: NACCIMA Urges Govt To Create Conducive Environment For Businesses

Dollar Rate Hits N782 In Official Window, N891 In Black Markets

Investors To Buy N150 billion-worth Of FBN Holdings Stake

Shareholders Of Dangote Cement, Others Lose N621.60bn In Stock Trading

GSK Exit: LCCI Decries Challenging Business Environment In Nigeria

Football Transfer News: West Ham United Agree Triple Deals For Maguire, Ward- Prowse, Alvarez

World Bank Stops Loan Disbursement To Uganda Over Anti-Homos3xuality Law

Banks Adopt Plan To Repay MTN, Airtel, Others N120bn USSD Debt

Dangote, BUA, Lafarge Cement Losing Revenue To Rising Costs Of Raw Materials, Labour, Others

Shelter Afrique Roots For Green Buildings At Zambia Stakeholders Training

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