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Business - Page 541

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

Heirs Energies Limited, Nigeria’s leading indigenous integrated energy company, has executed a USD 750 million financing with the African Export–Import Bank (Afreximbank). The transaction was concluded at a signing ceremony in Abuja on Saturday 20th December 2025, attended by Mr. Tony

December 21, 2025

Concerns For Nigerian Tech Companies As 2 Big U.S Banks Fail In One Week

Business·Finance & Economy·News·Technology

Concerns For Tech Startups As 2 Big U.S Banks Fail In One Week

African and Nigerian tech start-ups could be affected by the wildfire of banking collapse in the United States of America. At least two big banks – Silicon Valley Bank (SVB) and New York-based Signature Bank experienced a run last week, forcing regulators

March 13, 2023

Business·Finance & Economy·World News

Signature Bank Falls: U.S Records Third Largest Bank Failure In History

The United States banking sector recorded its third largest failure in history on Sunday when state regulators closed New York-based Signature Bank two days after authorities shuttered Silicon Valley Bank in a collapse that trapped billions in deposits, according to a Reuters

March 13, 2023

Business·Technology

Ultimate Smartphone Trinity – Tecno Spark 10, Spark 10 5G And Spark 10C

In the latest announcement from Tecno, the technological giant has introduced its audience to the next generation of smartphones, namely Tecno Spark 10, Spark 10 5G and Spark 10C. These cutting-edge devices have been revealed hot on the heels of the launch

March 11, 2023

Seplat Shareholders Demand Sack Of CEO, Board Amid Legal Fees Controversy

Business·Oil & Gas

Seplat Appoints Samson Ezugworie To Replace CEO, Roger Brown

Seplat Energy has appointed the company’s Chief Operating Officer, Samson Ezugworie, as its interim Chief Executive Officer, pending the determination of a court case against Roger Brown. Prime Business Africa previously reported that aggrieved stakeholders petitioned a Federal High Court in Lagos,

March 11, 2023

Business·Oil & Gas

NCDMB, BOI Launch $50m Fund For Oil Industry Manufacturing

The Nigerian Content Development and Monitoring Board (NCDMB) and Bank of Industry on Wednesday in Lagos launched a $US50 million dollars fund for NOGAPS Manufacturing Product Line. The fund is to incentivize companies that would operate in the Nigerian Oil and Gas

March 10, 2023

Business·Oil & Gas

Court Restrains Roger Brown From Operating As Seplat CEO Amid Racism Allegation

A Federal High Court in Lagos State presided by Justice Chukwuejekwu Aneke, has ordered Roger Brown to vacate his Chief Executive Officer (CEO) position at Seplat Energy Plc. This was in response to a motion ex parte filed by applicants and petitioners;

March 10, 2023

AMA News·Business

Zero Fees Return for Bybit’s USDC-Settled Crypto Options

DUBAI, United Arab Emirates, 10 March 2023 -/African Media Agency(AMA)/- Bybit, the world’s third most visited crypto exchange, today announced zero fees on all its options contracts to celebrate the launch of its Unified Trading Account (UTA). As part of its goal to introduce the crypto

March 10, 2023

Nigeria Week Ahead: CBN Rate Decision, Inflation & Oil in Focus

Business·Oil & Gas

Nigeria Earns About $104.58 million Daily From Crude Oil, As Output Skyrockets

Nigeria earned at least $104.58 million daily from crude oil in February 2023, as Africa’s largest oil producer pumped 1.3 million barrels per day. The 1.3 million barrels produced daily last month is the highest crude oil produced by the country in

March 10, 2023

Business·Technology

Top Chrome Add-ons For Students: Enhance Your Productivity And Study Skills

As a student, the right tools can make a significant difference in improving productivity, staying organized, and enhancing study skills. Google Chrome is a popular browser choice for its compatibility and functionality. With an abundance of extensions available, students can make the

March 10, 2023

Have you ever considered the emerging world of Metaverse? From game design and programming to marketing and cyber security,

Business·Technology

Emerging World Of Metaverse Jobs – Insights On Future Of Work

Have you ever considered the emerging world of Metaverse? From game design and programming to marketing and cyber security, the Metaverse offers a plethora of job opportunities that cater to different interests and skill sets. In this article, we will delve deeper

March 10, 2023

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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

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Business - Page 541

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

Signature Bank Falls: U.S Records Third Largest Bank Failure In History

Ultimate Smartphone Trinity – Tecno Spark 10, Spark 10 5G And Spark 10C

Seplat Appoints Samson Ezugworie To Replace CEO, Roger Brown

NCDMB, BOI Launch $50m Fund For Oil Industry Manufacturing

Court Restrains Roger Brown From Operating As Seplat CEO Amid Racism Allegation

Zero Fees Return for Bybit’s USDC-Settled Crypto Options

Nigeria Earns About $104.58 million Daily From Crude Oil, As Output Skyrockets

Top Chrome Add-ons For Students: Enhance Your Productivity And Study Skills

Emerging World Of Metaverse Jobs – Insights On Future Of Work

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

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