Business - Page 619

Nigerians Working For Tesla Risk Losing Jobs, As Elon Musk’s Set To Sack Over 9,000 Workers

Nigerians risk losing their jobs in Tesla, as the electric carmaker suspends hiring across its companies globally. The pause on job hire within Tesla was ordered by its Chief Executive Officer, Elon

Fakoyejo Olalekan

June 3, 2022

Business

Billionaires, Elon Musk, Aliko Dangote Lost Over N6.25 trillion In One Day

The world richest man, Elon Musk, and the wealthiest person in Africa, Aliko Dangote, lost a combined N6.25 trillion ($14.91 billion) on Friday, but the businessmen retained their various positions on the

Fakoyejo Olalekan

June 3, 2022

Business

10 Union Bank Top Directors Who Lost Jobs To Titan Trust Acquisition

Titan Trust Bank Limited finally acquired Union Bank of Nigeria on Thursday, after receiving the approval of the Central Bank of Nigeria (CBN). The takeover of UBN led to a massive exit

Fakoyejo Olalekan

June 3, 2022

CBN Owes Goldman Sachs, JP Morgan $7.5bn, Releases Financials Amid Probe

Business

CBN Releases Guidelines On Bank Neutral Cash Hubs

The Central Bank of Nigeria (CBN) has released guidelines for setting up Bank Neutral Cash Hubs (BNCHs). The CBN, in a statement, noted that the BNCHs are being initiated in furtherance of

PBA Reporter

June 2, 2022

Business·Top Stories

Nigerians Tired Of MTN, Glo, Airtel, Can Now Order For Elon Musk’s Internet Service, Starlink

The internet company, Starlink, owned by billionaire, Elon Musk, can now be booked by Nigerians, as the network provider is now available in 32 countries around the world. Countries are now placed

Fakoyejo Olalekan

June 2, 2022

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Dollar Exchanges For Over N600, As Naira Falls In Official Investors Market

The cost of exchanging naira to dollar increased on Thursday in the black market, as the value of the Naira continues to move in different paths across the peer-to-peer segment and the

Fakoyejo Olalekan

June 2, 2022

Business

Data war: Over 100,000 data users dump 9mobile, as MTN, Airtel, Glo gain big

9mobile was the only loser among the top four telecommunications companies in the industry’s data war, as over 100,000 subscribers left the network provider, despite 1.54% growth in the telco industry’s total

Fakoyejo Olalekan

June 2, 2022

Business

FIRS Moves After States Over Failure To Remit Tax Deductions

The Federal Inland Revenue Service (FIRS) disclosed its readiness to begin process of enforcement and recovery of unremitted tax deductions owed by some states and local governments. The FIRS, in a statement on Wednesday,

PBA Reporter

June 1, 2022

Business

CBN Retains 5% Interest Rate For Power Sector, Others

The Central Bank of Nigeria (CBN) has agreed to leave interest rates at five per cent per annum for critical sectors and manufacturing industries until March 2023. Prime Business Africa learnt that

PBA Reporter

June 1, 2022

AMA News·Business·Sports

SAP and New Zealand rugby join forces to power digital transformation with global partnership

JOHANNESBURG, South Africa, 1st June 2022 -/African Media Agency(AMA)/- New Zealand Rugby (NZR) have announced a major multi-year partnership with SAP to power and accelerate the rugby union’s digital transformation across all areas

Prime Business Africa

June 1, 2022

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Business - Page 619

Nigerians Working For Tesla Risk Losing Jobs, As Elon Musk’s Set To Sack Over 9,000 Workers

Billionaires, Elon Musk, Aliko Dangote Lost Over N6.25 trillion In One Day

10 Union Bank Top Directors Who Lost Jobs To Titan Trust Acquisition

CBN Releases Guidelines On Bank Neutral Cash Hubs

Nigerians Tired Of MTN, Glo, Airtel, Can Now Order For Elon Musk’s Internet Service, Starlink

Dollar Exchanges For Over N600, As Naira Falls In Official Investors Market

Data war: Over 100,000 data users dump 9mobile, as MTN, Airtel, Glo gain big

FIRS Moves After States Over Failure To Remit Tax Deductions

CBN Retains 5% Interest Rate For Power Sector, Others

SAP and New Zealand rugby join forces to power digital transformation with global partnership

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