Business - Page 406

IPMAN Asks FG To Partner With Illegal Refinery Operators In Creeks

NNPC Discovers Oil Thieves’ Sophisticated Equipment Siphoning Crude

The equipment of suspected oil thieves on oil mining lease (OML) 18, was discovered by the Nigerian Navy and the Nigerian National Petroleum Company (NNPC) Limited on Tuesday, 11 July 2023. This

Fakoyejo Olalekan

July 17, 2023

Business

Ikeja, Kaduna Electric Customers To Lose Prepaid Meters, As Conlog Calls For Reset

The prepaid meters used by Kaduna and Ikeja Electricity Distribution Companies will stop functioning by November 2024, Prime Business Africa has gathered. According to findings, the manufacturer of the prepaid meters, Conlog,

Fakoyejo Olalekan

July 17, 2023

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Naira Falls To Dollar Across Official, Black Markets

The cost of the dollar increased by N57.7 kobo in the Investors’ and Exporters’ (I&E) window and N7 in the Bureau De Change channel on Friday. Prime Business Africa learnt that the increase

Fakoyejo Olalekan

July 17, 2023

Breaking: CBN Raises Interest Rate To 18.75%

Business

CBN Asked To Get Rid Of Loan Apps Due To Danger To Nigerian Economy

The Central Bank of Nigeria (CBN) has been advised to end the operations of loan sharks in the country as they are dangerous to the economy. A former president of the Chattered

Fakoyejo Olalekan

July 17, 2023

Business·Transport

Nigerian Airlines Spend Millions Of Dollars On Aircraft Maintenance Abroad Due To Lack Of MROs – Onyema

Lack of Maintenance, Repair and Overhaul (MRO) facility for aircraft maintenance in Nigeria has made airlines lose millions of dollars in doing so abroad, says Chairman/CEO Air Peace, Allen Onyema. Onyema, who

Victor Ezeja

July 16, 2023

Business·News·Sports

Football Transfer News: Arsenal Confirms £105m Rice Signing, England Star Dreams Major Titles

Arsenal on Saturday evening unveiled new signing Declan Rice after protracted negotiations over the structure of the transfer fees with West Ham United

Izuchukwu Okosi

July 15, 2023

Business·News·Sports·Uncategorized

Cristiano Ronaldo Breaks Another Guinness World Record

Cristiano Ronaldo has emerged as number one on Forbes' list of the world's highest-paid athletes, and ultimately earning a place in the Guiness World Record title for the highest annual earnings for

Izuchukwu Okosi

July 14, 2023

Business·Tech News

Verified Twitter Content Creators To Start Sharing Ad Revenue

In a bid to draw more content creators, popular social media platform, Twitter, has decided to be sharing advertising revenue with verified content creators. The microblogging platform made this known on Thursday,

Victor Ezeja

July 14, 2023

Business·Markets

Over N97.57bn Lost To Selloffs In UAC Nigeria, Champion Brew

About N97.57 billion was lost in the Nigerian stock market on Friday, dragging the market capitalisation down to N34.06 trillion, from Thursday’s N34.16 trillion. This followed the 179.21 basis points drop in the All-Share

Fakoyejo Olalekan

July 14, 2023

Access Bank Raises N351bn, Emerges First Nigerian Bank To Meet CBN’s N500bn Capital Requirement

Business

Standard Chartered Sells Subsidiaries In Four African Countries To Access Bank

Access Holdings’ banking division, Access Bank, has agreed to acquire the subsidiaries of Standard Chartered in four African countries, amid its expansion drive. Access Bank offered to purchase Standard Chartered’s subsidiaries in Angola,

Fakoyejo Olalekan

July 14, 2023

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Business - Page 406

NNPC Discovers Oil Thieves’ Sophisticated Equipment Siphoning Crude

Ikeja, Kaduna Electric Customers To Lose Prepaid Meters, As Conlog Calls For Reset

Naira Falls To Dollar Across Official, Black Markets

CBN Asked To Get Rid Of Loan Apps Due To Danger To Nigerian Economy

Nigerian Airlines Spend Millions Of Dollars On Aircraft Maintenance Abroad Due To Lack Of MROs – Onyema

Football Transfer News: Arsenal Confirms £105m Rice Signing, England Star Dreams Major Titles

Cristiano Ronaldo Breaks Another Guinness World Record

Verified Twitter Content Creators To Start Sharing Ad Revenue

Over N97.57bn Lost To Selloffs In UAC Nigeria, Champion Brew

Standard Chartered Sells Subsidiaries In Four African Countries To Access Bank

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