Browse Category

Business - Page 527

Best-Performing Cement Companies In Nigeria — By Revenue Growth

In the third quarter (Q3) of 2025, the cement industry recorded N1.62 trillion revenue, based on the financial statements of the three major producers listed on the Nigerian Exchange (NGX) Limited: Dangote Cement, BUA Cement and Lafarge Africa. According to Prime Business

December 22, 2025

Business

Transcorp To Sell Transcorp Hotels Calabar Amid N269.26 million Loss

Shareholders of Transcorp Hotels have given the hospitality firm’s board of directors approval to sell the 100 per cent stake in Transcorp Hotels Calabar amid N269.26 million loss. The approval was given on Monday, 3 April 2023, after the Annual General Meeting

April 5, 2023

Business

LASU Denies Banning Bread Sales On Campus After Backlash

Lagos State University (LASU) has denied banning other bread brands within the school’s campus after establishing its own bakery business. Prime Business Africa previously reported that LASU released a statement hinting at the ban of other bread brands, as it stated that

April 5, 2023

Business

Nigeria Blocks $802 million Revenue Belonging To Foreign Airlines

The International Air Transport Association (IATA) has disclosed that foreign airlines’ trapped fund in Nigeria has increased to $802 million. Prime Business Africa previously reported five months ago that the trapped fund was $700 million, rising from $464 million disclosed in July

April 5, 2023

Business

KPMG Says Unemployment Didn’t Drop Under Buhari, Shows 4 Years Unemployment Scorecard

KPMG has projected that Nigeria’s unemployment rate will rise to 40.6 per cent in 2023, indicating that more Nigerians will become jobless this year. The firm in its ‘Global Economic Outlook’ report said the unemployment rate will rise from the 33.3 per

April 5, 2023

21 International Airlines Operating In Nigeria

Business

Foreign Airlines Increase Forex Rate On Ticket Charge In Nigeria

International airlines have raised the foreign exchange (Forex) rate in their ticket charge for international travel, a move that could lead to a reduction in passenger volume. The foreign airlines have reportedly increased the rate charge for their flight ticket from the

April 4, 2023

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Currency

Dollar Rate Up In Official Market, As Naira Drops In Value

The exchange rate between the Naira and Dollar settled at N463.50/$1 on Monday, 3 March 2023, as the Nigerian currency depreciated in value by 0.45 per cent in the official market. Prime Business Africa learnt that the Naira to Dollar rate closed

April 4, 2023

Shareholders Remember Wigwe, Others At Access Holdings Annual General Meeting

Business

Access Bank Joins FCMB To Raise Funds In Face Of Insolvency Fears In Global Banking

Access Holdings Plc has invested $300 million in Access Bank in the face of insolvency fear in the global banking industry. In the circular released to investors and shareholders on Tuesday, via Nigerian Exchange Limited (NGX), Access Holdings said the $300 million

April 4, 2023

Business

Failure To Scrap Fuel Subsidy, Cash Shortage Major Fiscal Risk To Nigeria’s Economy – FocusEconomics

The delay in subsidy removal and the scarcity of Naira pose fiscal risk to the Nigerian economy, Spain-based macroeconomic intelligence provider, FocusEconomics, has revealed. In its April 2023 Consensus Forecast report, the firm said the cash shortage will have a negative impact

April 4, 2023

Benue State’s Ex-gov, Ortom, Signs Bill To Earn N25 million, Receive 2 SUVs After Tenure

Business

Ortom, FG Seal Agreement To Clear Benue State’s N84 billion Debts

Benue State Government has agreed to a swap deal with the Federal Government to reduce the state’s debt, the state’s Commissioner for Finance, David Olofu, revealed on Monday. Olofu said the debt swap deal will clear about N84 billion borrowed under Governor

April 4, 2023

Business·Oil & Gas

Oil Firm Boss, Tunji Oyebanji, Warns FG Against Fuel Subsidy Removal

The Federal Government has been warned by the Managing Director of 11 Plc, formerly Mobil Oil Nigeria Plc, Tunji Oyebanji, of the impact fuel subsidy removal will have on Nigerians. Oyebanji said before the government goes ahead to remove the subsidy, there’s

April 3, 2023

Previous 1 … 525 526 527 528 529 … 728 Next

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Business - Page 527

Best-Performing Cement Companies In Nigeria — By Revenue Growth

Transcorp To Sell Transcorp Hotels Calabar Amid N269.26 million Loss

LASU Denies Banning Bread Sales On Campus After Backlash

Nigeria Blocks $802 million Revenue Belonging To Foreign Airlines

KPMG Says Unemployment Didn’t Drop Under Buhari, Shows 4 Years Unemployment Scorecard

Foreign Airlines Increase Forex Rate On Ticket Charge In Nigeria

Dollar Rate Up In Official Market, As Naira Drops In Value

Access Bank Joins FCMB To Raise Funds In Face Of Insolvency Fears In Global Banking

Failure To Scrap Fuel Subsidy, Cash Shortage Major Fiscal Risk To Nigeria’s Economy – FocusEconomics

Ortom, FG Seal Agreement To Clear Benue State’s N84 billion Debts

Oil Firm Boss, Tunji Oyebanji, Warns FG Against Fuel Subsidy Removal

Featured Stories

Dangote–Farouk Saga: Why Damning Claims Brought Down Oil Sector Giants

Heirs Energies Agrees $750m Afreximbank Financing to Drive Long-Term Growth

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

SAFE IN NIGERIA: Boris Johnson’s Claim and the outrage

Whatsapp Channel

Latest News

Best-Performing Cement Companies In Nigeria — By Revenue Growth

Dangote Cement Posts Strong Profit Growth Despite Flat Volumes

Zimbabwe Tops List of Africa’s Most Expensive Mobile Data as Nigeria Ranks Among Cheapest

Dangote–Farouk Saga: Why Damning Claims Brought Down Oil Sector Giants

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

Dollar Trades Flat In Black Market, Appreciates In Official Window

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

Best-Performing Cement Companies In Nigeria — By Revenue Growth

Suggestions

Business - Page 527

Featured Stories

Follow Us

Whatsapp Channel

Latest News