Business - Page 423

Moghalu, British Gov’t Support Tinubu’s Fuel Subsidy Removal, Forex Reforms

The former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, and the British High Commissioner to Nigeria, Richard Montgomery, have both backed the economic reforms of President Bola Tinubu.

Fakoyejo Olalekan

June 22, 2023

Business·News

Fuel Subsidy: NEITI Probes Fuel Consumption Figures

The Nigeria Extractive Industries Transparency Initiative (NEITI) has stated that it is conducting a study to determine the accurate consumption figure of fuel in the country because it does not believe in

Ifeanyi Ibeand

Admin

June 22, 2023

Moghalu Highlights How Trump’s Presidency Will Affect African Economies

Business

Moghalu Warns Tinubu Against Making Naira Stronger, Says It Makes Import Cheaper

The former Presidential aspirant, Kingsley Moghalu, cautioned President Bola Tinubu against being fixated on a stronger naira, as it could affect the exportation drive. Moghalu said Nigeria having a stronger naira could

Fakoyejo Olalekan

June 22, 2023

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

One Dollar Costs N760 In Black Market, USD Rises In Official Market

The average rate of the dollar in the black market increased by N1.2 kobo or 0.15% on Wednesday, 21 June, to N760.3/$1, from the previous day’s N759.1/$1. However, the pound rate depreciated

Fakoyejo Olalekan

June 22, 2023

Nigerian Equity Market Records First Gain This Week

Business·Markets

Nigerian Stock Market Value Up By 0.36%, Investors Made N116.48bn

Nigerian stock exchange closed high on Wednesday, with the equity capitalisation appreciating by 0.36 per cent to N32.30 trillion, from N32.18 trillion. Prime Business Africa understands that this represents a combined gain

Fakoyejo Olalekan

June 21, 2023

Business·News·Sports

Gundogan Agrees Two-year Deal With La Liga Champions Barcelona

Reports from reliable English media on Wednesday reveals that Manchester City and Germany captain Ilkay Gundogan is set to leave the Premier League winners this summer for a stint in the La

Izuchukwu Okosi

June 21, 2023

AMA News·Business·Health

Bill Gates Shares Optimism about Nigeria’s Future: Says Innovative, Talented Young People are a Powerful Asset

LAGOS, Nigeria, 21 June 2023 -/African Media Agency (AMA)/- At a forum with students and young innovators from Nigeria and across Africa, Bill Gates, co-chair of the Bill & Melinda Gates Foundation, discussed how

Prime Business Africa

June 21, 2023

Business·News·Sports

Arsenal Set To Finalise £65m Havertz Deal From Chelsea

Premier League deputy champions Arsenal are closing in on the signing of Chelsea star Kai Havertz according to reliable English media organization, The Athletic

Izuchukwu Okosi

June 21, 2023

Google Ordered To Delete Cashpal, Swiftkash, 16 Other Nigerian Loan Apps

Business·Tech News

10 Nigerian Startups Selected By Google For $4 million Black Founders Fund

Google for Startups (GfS) has selected 10 Nigerian startups for the company’s Black Founders Fund, which will provide access to $4 million and other non-financial support. Nigeria accounted for 10 out of

Fakoyejo Olalekan

June 21, 2023

Business

Awele Elumelu Increases Investment In Transcorp To N6.66 billion

Awele Elumelu, the wife of the chairman of Transnational Corporation (Transcorp) Plc, Tony Elumelu, has acquired more shares in the company. She acquired 7.30 million shares in the Nigerian stock market in

Fakoyejo Olalekan

June 21, 2023

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Business - Page 423

Moghalu, British Gov’t Support Tinubu’s Fuel Subsidy Removal, Forex Reforms

Fuel Subsidy: NEITI Probes Fuel Consumption Figures

Moghalu Warns Tinubu Against Making Naira Stronger, Says It Makes Import Cheaper

One Dollar Costs N760 In Black Market, USD Rises In Official Market

Nigerian Stock Market Value Up By 0.36%, Investors Made N116.48bn

Gundogan Agrees Two-year Deal With La Liga Champions Barcelona

Bill Gates Shares Optimism about Nigeria’s Future: Says Innovative, Talented Young People are a Powerful Asset

Arsenal Set To Finalise £65m Havertz Deal From Chelsea

10 Nigerian Startups Selected By Google For $4 million Black Founders Fund

Awele Elumelu Increases Investment In Transcorp To N6.66 billion

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