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Business - Page 586

First HoldCo, Lasaco Add N244.61bn To Nigerian Stock Market

The Nigerian Exchange Limited (NGX) said the market capitalisation for the stock market increased to N95.52 trillion on Wednesday, December 17, from the N95.28 trillion posted on Tuesday, December 16, representing a N244.61 billion gain. About 383.71 basis points were added to

December 17, 2025

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar Rate Depreciates In Black Market Amid CBN’s Controversial Naira Policies

The naira gained against the dollar in the black market on Monday but depreciated in the official market on Friday based on exchange rate data obtained from FMDQ. Prime Business Africa gathered that the exchange rate between the dollar and the naira

December 19, 2022

Lai Mohammed Counters Claim By Twitter’s Former Official Over Negotiation

Business

Lai Mohammed Counters Claim By Twitter Official Over Negotiation

The Minister of Information and Culture, Lai Mohammed, has countered the claim made by a former Twitter senior official that the social media firm didn’t negotiate with the Nigerian government to lift the suspension. Mohammed said the official that made the comment

December 19, 2022

Call CBN to arrest POS agents selling naira notes

Business

POS Operators To Take Over Streets To Protest CBN’s Cash Withdrawal Limits

The Association of Mobile Money and Bank Agents (AMMBAN) has given the Central Bank of Nigeria (CBN) until the end of 2022 to reverse its the cash withdrawal limits. Point of Sales operators under the umbrella of AMMBAN plan to stage public

December 19, 2022

Business·Technology

Key Things To Know About Cryptocurrency

Cryptocurrency is a digital currency that works as a medium of exchange and is encrypted. Clients can purchase, sell, or exchange digital currency through internet-based commercial centres and trades like Coinbase. These virtual coins have made better approaches to ponder cash and

December 19, 2022

Elon Musk Joins Network Operator To Offer Smartphone Service Under Water, Remote Areas

Business·Technology

Elon Musk’s Starlink To Compete Against MTN Nigeria, Others By December

Starlink, the Internet company owned by billionaire, Elon Musk, will begin operations in Nigeria in December 2022, the Nigerian government has revealed. Musk had revealed that Starlink, a subsidiary of SpaceX, will commence operation in the third quarter of 2022, however, the

December 19, 2022

AMA News·Business

Three ways retailers can continue their golden run in 2023

by Blessed Hwaire, Industry Value Advisor: Consumer Products, Life Sciences & Retail at SAP Africa NAIROBI, Kenya, 19 December 2022 -/African Media Agency(AMA)/- The retail industry is one of the few sectors of the economy that emerged from the pandemic relatively unscathed. Despite depressed consumer confidence

December 19, 2022

Business·Transport

Start-up ‘Volato’ Makes Massive Order For HondaJet’s Brand New $7 million Private Jet

Prime Business Africa reports that HondaJet has landed an order for its $7 million private jet. The new Elite II private jet, once in service, promises to be the fastest and longest-ranged plane in its class and can fly up to 485

December 18, 2022

GTCO, First Bank Fail To Make Top Five Performing Nigerian Bank Stocks In H1

Business·Top Stories

Top 10 African Banks – Why Nigerian Banks Are Missing

Isn’t it surprising that Nigeria – the largest economy in Africa – is missing on the list of top 10 banks in Africa? Indeed, many have expressed shock over this reality. A recent report of a ranking done by Statista, the leading

December 18, 2022

Business·News·Oil & Gas·Top Stories

Fuel Scarcity: ‘Our Experience In Agbara, Egbeda, Badagry’

Amid the alleged rationing of the days of selling petrol among some petroleum products marketers who have formed cartels, Prime Business Africa can report that the fuel scarcity that has bit hard across the Federation in the last one month seems to

December 17, 2022

Inflation Hits 21.91%, As Nigerians Pay More For Bread, Yam, Others

Business·News

Nigeria Conducive For Robust Foreign Investment – Buhari

President Muhammadu Buhari, on Friday in Washington DC, insisted that Nigeria remains the best destination for American investors to put their money. According to the President, apart from Nigeria’s population advantage in size and demography, various incentives and policies emplaced by the

December 16, 2022

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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

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

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Business - Page 586

First HoldCo, Lasaco Add N244.61bn To Nigerian Stock Market

Dollar Rate Depreciates In Black Market Amid CBN’s Controversial Naira Policies

Lai Mohammed Counters Claim By Twitter Official Over Negotiation

POS Operators To Take Over Streets To Protest CBN’s Cash Withdrawal Limits

Key Things To Know About Cryptocurrency

Elon Musk’s Starlink To Compete Against MTN Nigeria, Others By December

Three ways retailers can continue their golden run in 2023

Start-up ‘Volato’ Makes Massive Order For HondaJet’s Brand New $7 million Private Jet

Top 10 African Banks – Why Nigerian Banks Are Missing

Fuel Scarcity: ‘Our Experience In Agbara, Egbeda, Badagry’

Nigeria Conducive For Robust Foreign Investment – Buhari

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Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

Rep Raises the Alarm Over Mismatched Gazetted Tax Reform Laws

Airplane Crashes at Owerri Airport – Four Injured, No Fatalities

Air Peace Ushers in Third Embraer 190, Reinforcing Capacity and Additional Festive Connectivity

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First HoldCo, Lasaco Add N244.61bn To Nigerian Stock Market

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

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

SEC Orders Full Registration of Tradable Instruments by January 2026

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

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