Business - Page 409

Scottish Giants Rangers Signs Super Eagles Defender Balogun On One-year Deal

Super Eagles defender Leon Balogun was officially unveiled on Wednesday by Scottish Premiership side, Glasgow Rangers in a one-year deal after departing English Championship outfit, QPR

Izuchukwu Okosi

July 12, 2023

Business·News

Tinubu Writes NASS, Seeks Approval For N500bn Subsidy Removal Palliatives

Nigeria’s President, Bola Ahmed Tinubu has written to the National Assembly seeking an amendment to the 2022 supplementary appropriation act to allow the Federal Government raise N500 billion for palliatives to cushion

Victor Ezeja

July 12, 2023

AMA News·Business

Rwanda Maintains Strong Growth Momentum in Early 2023

KIGALI, Rwanda,12 July, 2023-/African Media Agency(AMA)/Rwanda’s economy grew by 9.2% in the first quarter of 2023, following 8.2% growth in 2022. But recent floods, resulting in the loss of life and destruction

Prime Business Africa

July 12, 2023

Air Peace Offers Affordable Luxury Flights To Antiqua For vacationers

Business·Transport

Air Peace Offers Affordable Luxury Flights To Antigua For Vacationers

Leading airline in Sub-Saharan Africa, Air Peace, has announced availability of its flights from Nigeria to the Caribbean Island of Antigua for those going on vacation. In a post on its verified

Victor Ezeja

July 12, 2023

Business·FEATURES·Markets

New Facts About Honeywell Group’s Purchase of 15.1% Stake In FBNH

Fresh facts have emerged about the FBN Holdings transaction that has dominated market discussions, disrupted the status quo at Nigeria’s oldest bank, and reintroduced a significant player into the bank and its

Admin

July 12, 2023

Investors To Buy N150 billion-worth Of FBN Holdings Stake

Business

Otudeko Criticises Ecobank, Counters Claims In Letter To FBN Holdings

The Chairman of Honeywell Group, Oba Otudeko, has denied Ecobank’s disclosure that the Supreme Court granted the N13.5 billion debt claim against the investor. Ecobank had made this known in a letter

Fakoyejo Olalekan

July 12, 2023

Pension Fund Assets Increase To N19.787trn In April 2024

Business·Finance & Economy

‘Only 10% Of Nigerian Workers In Pension Scheme’

By Chidera Abaratu, Journalism Mentee Considering the failure of employers to enrol their employees in the nation’s Contributory Pension Scheme (CPS), 90% of Nigerian employees do not have pension accounts, Mr Hamisu

Chidera Abaratu, PBA Journalism Mentee

July 12, 2023

Experts Allege Shady Deal By Security Operatives, Who Burnt Vessel With Stolen Oil InA Delta

Business·Oil & Gas

Experts Allege Shady Deal By Security Operatives, Who Burnt Vessel With Stolen Oil In Delta

Security experts have called for a probe of the activities of security operatives involved in fighting oil theft in the Niger Delta. The call follows the report of security operatives of the

Victor Ezeja

July 12, 2023

Breaking: CBN Raises Interest Rate To 18.75%

Business·Currency

Banks Are Formalising Black Market Operations, BDC Chief Says, Laments Exclusion

The President of the Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadabe, said banks are now formalising the black market. Gwadabe stated that while banks are formalising parallel market

Fakoyejo Olalekan

July 12, 2023

Nigeria’s Crude Oil Production Surges To 1.3mbpd

Business·Oil & Gas

FG, OPEC+ To Renegotiate Crude Oil Output After Nigeria’s Failure To Meet Quota

The Federal Government is planning to meet with members of the Organisation of the Petroleum Exporting Countries and its non-OPEC partner, Russia, in November to renegotiate Nigeria’s crude oil output. According to

Fakoyejo Olalekan

July 12, 2023

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Business - Page 409

Scottish Giants Rangers Signs Super Eagles Defender Balogun On One-year Deal

Tinubu Writes NASS, Seeks Approval For N500bn Subsidy Removal Palliatives

Rwanda Maintains Strong Growth Momentum in Early 2023

Air Peace Offers Affordable Luxury Flights To Antigua For Vacationers

New Facts About Honeywell Group’s Purchase of 15.1% Stake In FBNH

Otudeko Criticises Ecobank, Counters Claims In Letter To FBN Holdings

‘Only 10% Of Nigerian Workers In Pension Scheme’

Experts Allege Shady Deal By Security Operatives, Who Burnt Vessel With Stolen Oil In Delta

Banks Are Formalising Black Market Operations, BDC Chief Says, Laments Exclusion

FG, OPEC+ To Renegotiate Crude Oil Output After Nigeria’s Failure To Meet Quota

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