Browse Category

Business - Page 559

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

The Federal Government of Nigeria has issued its debut bond under the Presidential Power Sector Debt Reduction Programme, raising N590 billion to settle verified arrears owed to power generation companies and gas suppliers. The bond, guaranteed by the full faith and credit

December 21, 2025

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business·Markets

Redstar Express Leads Gainers, Glaxo Smith Tops Losers, As Stock Market Loses N36.57 billion

The equity capitalisation of the Nigerian stock market fell to N29.60 trillion on Thursday, 9 February 2023. It depreciated by -0.12 per cent from the N29.64 trillion recorded on Wednesday, losing N36.57 billion. Also, the All-Share Index lost 67.15 basis points from the

February 9, 2023

ACPN Warns Pharmacists Against Using Outlets As POS Centers

Business·News

Pharmacists Now Use Outlets As POS Centers – ACPN Warns

National Chairman of the Association of Community Pharmacists of Nigeria (ACPN), Wale Oladigbolu, has warned members against using their pharmacy shops as Point of Sales (POS) business centre. Oladigbolu described such practice as unprofessional and would be sanctioned by the professional body.

February 9, 2023

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency·News

Black, Official Market Dollar Rate Gap Drops On S’Court Order

The gap between the dollar-naira rates in black and official windows dropped on Thursday, but stayed close to N300. In the black market on Thursday, Bureau De Change operators informed Prime Business Africa that they offer an exchange rate between N760-N780/$1 for

February 9, 2023

Fuel Stations To Increase Petrol Price To Over N700, Oil Marketers Give Reasons

Business·Oil & Gas

Oil Marketers Defy FG’s Fuel Price Tag, As NNPC Needs N4.27trn To Keep Price Low

Some members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) are still selling fuel above the government-agreed price. Prime Business Africa on Wednesday gathered that filling stations of independent oil marketers were selling fuel at a range between N300 and N330

February 9, 2023

Business

UPDATED: IMF, World Bank Warn CBN On Naira Transition Timeframe

The International Monetary Fund (IMF) and the World Bank have cautioned the Central Bank of Nigeria (CBN) over its handling of the transition from the old Naira to new banknotes. Nigeria’s financial regulator announced in October 2022 that the N200, N500 and

February 9, 2023

Breaking: NNPC Increases Fuel Price, Filling Stations Now Selling At N500

Business·Oil & Gas

Kyari Says Nigerians Experiencing Fuel Scarcity Because Petrol At Wrong Locations

The Group Chief Executive Officer of Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, said the reason Nigerians are experiencing fuel scarcity is that the product is in the wrong locations. Kyari said the 2022 flood in the country disrupted the supply

February 9, 2023

Eight Controversial Decisions By Godwin Emefiele As CBN Governor

Business

Fact-Checker: Will CBN Suspend Naira Reissue Policy On Supreme Court Order?

Three Northern states – Kaduna, Kogi and Zamfara – on Wednesday secured Nigeria’s Apex Court order asking the Central Bank of Nigeria (CBN) to suspend the February 10 naira reissue (N200, N500 and N1000 denominations) deadline. READ: Updated: Supreme Court Suspends Old

February 9, 2023

Business·News

Naira Scarcity: UNN SUG Orders Slash Of POS Charges In Campus

By Blessing Amarachi Azoribe Amid the worsening crisis created by the scarcity of new naira notes across the country, Students Union Government (SUG) of the University of Nigeria Nsukka, has ordered slash of charges by Point of Sale (POS) operators within the

February 8, 2023

Looming Danger of Docile Political Opposition

2023 Elections·Business·Politics

Cashless Economy and Presidential Cabal – Salihu Moh. Lukman

Nigerians are today faced with the most uncertain of times. With national elections few days away and deliberate cash squeeze enforced by a deliberate policy of the Central Bank of Nigeria (CBN). First announced on October 26, 2022, new N200, N500 and

February 8, 2023

Sterling Bank, AATIF Raise $15m To Fund Renewable Energy-powered Agro-enterprises

Business·News·Top Stories

Naira Hoarding: Sterling Bank In Fresh Trouble, Faults ICPC’s Arrest Of 2 Staff

Few days after Sterling Bank defended allegation of hoarding new N200 notes in the vault of its Ekiti branch office, the bank on the evening of Tuesday February 8, 2023, faced similar ‘charges’ at its Abuja regional office and other Federal Capital

February 8, 2023

Previous 1 … 557 558 559 560 561 … 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 559

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

Redstar Express Leads Gainers, Glaxo Smith Tops Losers, As Stock Market Loses N36.57 billion

Pharmacists Now Use Outlets As POS Centers – ACPN Warns

Black, Official Market Dollar Rate Gap Drops On S’Court Order

Oil Marketers Defy FG’s Fuel Price Tag, As NNPC Needs N4.27trn To Keep Price Low

UPDATED: IMF, World Bank Warn CBN On Naira Transition Timeframe

Kyari Says Nigerians Experiencing Fuel Scarcity Because Petrol At Wrong Locations

Fact-Checker: Will CBN Suspend Naira Reissue Policy On Supreme Court Order?

Naira Scarcity: UNN SUG Orders Slash Of POS Charges In Campus

Cashless Economy and Presidential Cabal – Salihu Moh. Lukman

Naira Hoarding: Sterling Bank In Fresh Trouble, Faults ICPC’s Arrest Of 2 Staff

Featured Stories

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

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

Enugu’s BRT Blitz: Modern Roads, Shattered Lives

VENGEANCE UNLEASHED: US Launches Devastating Strikes Against ISIS in Syria After Deadly Attack

Whatsapp Channel

Latest News

Former Delta North Senator Peter Nwaoboshi Dies After Sudden Collapse in Abuja

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

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

Enugu’s BRT Blitz: Modern Roads, Shattered Lives

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

Former Delta North Senator Peter Nwaoboshi Dies After Sudden Collapse in Abuja

Suggestions

Business - Page 559

Featured Stories

Follow Us

Whatsapp Channel

Latest News