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Business - Page 542

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

Tony Elumelu Parts With N633.14 million To Prevent Hostile Takeover In UBA

Business

Videos: UBA’s Tony Elumelu Criticised For Tinubu’s Visit, Naira Scarcity

The Chairman of United Bank for Africa (UBA), Tony Elumelu, has come under criticism from a former gubernatorial candidate, Babatunde Gbadamosi after a video emerged showing the investment banker congratulating Bola Tinubu, Nigeria’s President-Elect. Elumelu called Tinubu the “last man standing,” after

March 10, 2023

Business·Technology

Working Remotely: 15 Laptop Features To Look Out For

In recent years, laptops have become essential tools for individuals seeking entertainment and those looking to complete their work remotely. With so many brands and models on the market, finding the perfect laptop can be challenging. This article aims to provide readers

March 10, 2023

Business·News

NCC Spotlights Renewable Energy On World Consumer Rights Day

The Nigerian Communications Commission (NCC) plans to host an event to mark the 2023 World Consumer Rights Day in Abuja to spotlight its renewable energy initiatives.in the telecoms sector. In what has become a tradition in the Commission since 2017, when it

March 10, 2023

Business·Markets

Conoil, Ardova Among Losers’ List, Stock Market Cap Up By N11.43bn

On Thursday, the Nigerian bourse appreciated by 0.03 per cent or N11.43 billion, closing at N30.40 trillion, from N30.39 trillion. The All-Share Index rose slightly by 21 basis points to close at 55,822.14 ASI, up from the previous day’s 55,801.14 ASI. Data

March 9, 2023

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Currency

Official Market’s Dollar Rate Falls, Projected To Rise After Presidential Election

The Dollar rate in the Investors and Exporters (I&E) window of the official market closed down at N461.25 on Wednesday, 8 March 2023. According to data from FMDQ Securities, the exchange rate between the Dollar and the Naira closed below the previous

March 9, 2023

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

Business·Oil & Gas

Seplat Energy Defends CEO, Roger Brown, Amid Series Of Allegations

The board of directors, Seplat Energy Plc, have thrown their weight behind the company’s Chief Executive Officer, Roger Brown, after a series of allegations made against him by the Federal Government. In a letter dated 3 March 2023, written to Seplat’s board,

March 9, 2023

Business·Oil & Gas

FG Accuses Seplat CEO, Roger Brown, Of Racism, Withdraw His Visa

The Federal Government has revoked the work permit, visa, and residence permit of the Chief Executive Officer (CEO) of Seplat Energy Plc, Roger Brown. Nigerian government said Seplat workers accused Brown of racism and favouring foreign workers. He allegedly discriminates against Nigerian

March 9, 2023

AMA News·Business

Bybit Launches Unified Trading Fest: Unlock $700K Prize Pool and Optimize Trades

DUBAI, United Arab Emirates, 08 March 2023 -/African Media Agency(AMA)/- Bybit, the world’s third most visited crypto exchange, is proud to announce the launch of its first Unified Trading Fest competition. With over $700,000 in rewards up for grabs, this is an event for

March 9, 2023

CBN Reveals JP Morgan’s Intention After Report On Nigeria’s Foreign Reserves

Business

UPDATED: CBN’s Open Banking Allows Banks, Others To ‘Trade’ Customers’ Data

Deposit Money Banks (DMBs), other financial institutions and companies can now share customers’ data, in a bid to create innovative products, according to a new circular released by the Central Bank of Nigeria (CBN) on Wednesday, 8 March 2023. According to the

March 9, 2023

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

AMA News·Business

SAP research reveals top tech skills challenges for African organisations

JOHANNESBURG, South Africa, 08 March 2023 -/African Media Agency(AMA)/- SAP Africa today released a new report ‘Africa’s Tech Skills Scarcity Revealed’ which seeks to unveil the specific challenges and opportunities for African organisations seeking greater tech skills availability. Cathy Smith, Managing Director at SAP

March 8, 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 542

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

Videos: UBA’s Tony Elumelu Criticised For Tinubu’s Visit, Naira Scarcity

Working Remotely: 15 Laptop Features To Look Out For

NCC Spotlights Renewable Energy On World Consumer Rights Day

Conoil, Ardova Among Losers’ List, Stock Market Cap Up By N11.43bn

Official Market’s Dollar Rate Falls, Projected To Rise After Presidential Election

Seplat Energy Defends CEO, Roger Brown, Amid Series Of Allegations

FG Accuses Seplat CEO, Roger Brown, Of Racism, Withdraw His Visa

Bybit Launches Unified Trading Fest: Unlock $700K Prize Pool and Optimize Trades

UPDATED: CBN’s Open Banking Allows Banks, Others To ‘Trade’ Customers’ Data

SAP research reveals top tech skills challenges for African organisations

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