Business - Page 611

Nigeria’s Fiscal Deficit Hits N2.23trn In 3 Months

The Central Bank of Nigeria (CBN) has disclosed that the federal government recorded N2.23 trillion fiscal deficit in the fourth quarter (Q4) of 2021. The CBN made this known in its economic

PBA Reporter

April 25, 2022

CBN Denies Discriminating Against People With Physical Disabilities Seeking Job

Business

Why CBN Can’t Float Exchange Rate – Emefiele

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has disclosed that Nigeria cannot afford to operate a floated exchange rate system. This is sequel to the calls and recommendations by

PBA Reporter

April 23, 2022

Business

IMF Sees Soaring Food Prices In Nigeria, Others Till 2023

The International Monetary Fund (IMF) has disclosed the impact of the war in Ukraine is likely to sustain pressure on commodity prices, affecting oil and gas prices severely in 2022 and food

PBA Reporter

April 22, 2022

Access Bank Obtains Central Bank of Angola’s Approval To Acquire 80% of Finibanco

Business·News·Top Stories

PenCom Reacts To Access Bank’s Takeover Bid For First Guarantee Pensions

The National Pension Commission (PenCom) on Thursday reacted to Prime Business Africa’s report on Access Bank’s move to acquire controlling shares in First Guarantee Pensions Limited (FGPL), a pension fund administrator (PFA),

Uduegbunam Chukwujama

April 22, 2022

More Woes For Nigerians As Cooking Gas Price Rises By 70%

Business

Cooking Gas Price Rises By 83% In One Year – NBS

A new report by the National Bureau of Statistics (NBS) has claimed that the average retail price for cooking gas increased by 83.62 per cent from N2057.71 in March 2021. The NBS,

PBA Reporter

April 22, 2022

Business·Tech News·Top Stories

Google Equiano Sea Cable To Create 1.6m Jobs, $10b GDP – Sanwo-Olu

Lagos State Governor, Mr. Babajide Sanwo-Olu on Thursday have insights as to how the landing of a new sea cable system, the Google Equiano, in Nigeria would create 1.6 million jobs and

Editorand

Ifeoluwa Mokelu

April 22, 2022

Nigerian Gov’t Spends N96 Out Of Every N100 To Pay Debt - World Bank Says, Reveals Impact

Business

World Bank Reveals Factors Responsible For Food Inflation In Nigeria

The World Bank’s report has claimed that import restrictions and non-flexible exchange rate management of the Central Bank of Nigeria are the major driving forces for food inflation in Nigeria. This was

PBA Reporter

April 21, 2022

Business

External Reserves Return To Growth Path, Rise By $243.83m In 19 Days

Figures obtained from the Central Bank of Nigeria have claimed that the country’s external reserves rose by $243.83m in 19 days. The CBN made this known in its data on movement in

PBA Reporter

April 21, 2022

Business

Fire Guts Section Of CBN Office In Benue – Report

An emerging report has claimed that there was a fire outbreak at the Makurdi office of the Central Bank of Nigeria (CBN) in Benue state today, Thursday. Prime Business Africa learnt that

PBA Reporter

April 21, 2022

Business

Travellers Via Nigerian Airports Increased By 43% To 13m In 2021 – Report

The National Bureau of Statistics (NBS) has disclosed that about 13 million passengers travelled through Nigerian airports in 2021 Prime Business Africa can report that the figure represents a growth rate of

PBA Reporter

April 20, 2022

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Business - Page 611

Nigeria’s Fiscal Deficit Hits N2.23trn In 3 Months

Why CBN Can’t Float Exchange Rate – Emefiele

IMF Sees Soaring Food Prices In Nigeria, Others Till 2023

PenCom Reacts To Access Bank’s Takeover Bid For First Guarantee Pensions

Cooking Gas Price Rises By 83% In One Year – NBS

Google Equiano Sea Cable To Create 1.6m Jobs, $10b GDP – Sanwo-Olu

World Bank Reveals Factors Responsible For Food Inflation In Nigeria

External Reserves Return To Growth Path, Rise By $243.83m In 19 Days

Fire Guts Section Of CBN Office In Benue – Report

Travellers Via Nigerian Airports Increased By 43% To 13m In 2021 – Report

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