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Business - Page 643

Airplane Crashes at Owerri Airport – Four Injured, No Fatalities

A Skypower Express Cessna 172, registration 5N‑ASR, crashed during an emergency landing at Sam Mbakwe International Cargo Airport in Owerri, Imo State, on Tuesday night. The aircraft, which had departed Kaduna International Airport bound for Port Harcourt International Airport, declared an in‑flight emergency and diverted

December 17, 2025

Governor of Nigerias Central Bank Godwin Emefiele

Business

CBN’s Emefiele Defends Rising Debt Under Buhari, As World Bank Ranks Nigeria Fourth Chronic Debtor

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has defended the rising debt under President Muhammadu Buhari, stating that borrowing is an essential part of running a government. Emefiele said it is not a crime to borrow, as debt

August 12, 2022

Business

Airtel Africa In Need Of Money, To Borrow $125 million From Citi

Airtel Africa has disclosed that the company will use loan to finance its operation in 14 countries within the continent. This was revealed in a statement to shareholders of the firm. The network provider said it has signed an agreement to borrow

August 12, 2022

Business

Honeywell Flour To Sell Assets To Flour Mills of Nigeria Amid Mandatory Takeover

Flour Mills of Nigeria (FMN) has disclosed its intention for a mandatory takeover of shares in Honeywell Flour Mills, as the former looks to expand its operation in Nigeria through the latter. Prme Business Africa gathered that Flour Mills plan to acquire

August 12, 2022

AMA News·Business

Seagate Signs Mitsumi Distribution To Penetrate PAN Africa

Mitsumi Distribution, one of the leading IT distributors in the Middle East and Africa, has announced that Seagate signed Mitsumi as strategic distribution partner for PAN Africa. Under the accord, the leading distributor aims to further drive and promote Seagate`s complete range

August 12, 2022

Business·News

Aero Contractors Partners Umza Air, Takes Delivery Of 2 Aircraft To Resume Operations

Nigeria’s oldest aviation company, Aero Contractors, has procured two aircraft in a new partnership with Umza Air, to boost its services

August 11, 2022

Business·Oil & Gas

Seplat Reacts, As President Buhari Withdraws Approval For ExxonMobil Deal

Seplat Energy has reacted to statement by presidential spokesperson, Garba Shehu, that President Muhammadu Buhari has reversed the approval given for the acquisition of Mobil Producing Nigeria Unlimited (MPNU). Shehu, on Wednesday, had stated that President Buhari had chosen to stand behind

August 11, 2022

AMA News·Business

How to beat the Great Resignation with human experience management

Shiraz Khota, Human Experience Management Sales Leader at SAP Africa JOHANNESBURG, South Africa, 11 August 2022 -/African Media Agency(AMA)/- With the world gripped in a state of unprecedented uncertainty following the disruption of the pandemic and the transformational impact of technology, companies are facing

August 11, 2022

Business·Oil & Gas

Seplat Threatens Lawsuit In Latest Development Of ExxonMobil, MPNU $1.2 billion Deal

Seplat Energy has threatened to file lawsuit against persons creating falsehood relating to its acquisition deal with ExxonMobil, as disagreement within President Muhammadu Buhari’s government stalls the completion. The company issued the warning after it was accused of impropriety in the process

August 11, 2022

Business

World Bank Makes Terrifying Revelation About Nigeria’s Economy Under Buhari

Nigeria Is facing an existential threat, the World Bank has warned. The international financial body said the country has revenue problem, and its failure will have a significant impact on Africa’s economy. The World Bank’s Senior Public Sector Specialist, Domestic Resource Mobilisation,

August 11, 2022

Business

Peter Obi Sends Warning To Pres. Buhari Over Debt Ahead Of 2023 Election

The Presidential candidate for Labour Party in the coming 2023 election, Peter Obi, has frowned against the continous borrowing of President Muhammadu Buhari for consumption. Obi said its time for Buhari’s administration to borrow for investment in revenue generating development projects and

August 11, 2022

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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 643

Airplane Crashes at Owerri Airport – Four Injured, No Fatalities

CBN’s Emefiele Defends Rising Debt Under Buhari, As World Bank Ranks Nigeria Fourth Chronic Debtor

Airtel Africa In Need Of Money, To Borrow $125 million From Citi

Honeywell Flour To Sell Assets To Flour Mills of Nigeria Amid Mandatory Takeover

Seagate Signs Mitsumi Distribution To Penetrate PAN Africa

Aero Contractors Partners Umza Air, Takes Delivery Of 2 Aircraft To Resume Operations

Seplat Reacts, As President Buhari Withdraws Approval For ExxonMobil Deal

How to beat the Great Resignation with human experience management

Seplat Threatens Lawsuit In Latest Development Of ExxonMobil, MPNU $1.2 billion Deal

World Bank Makes Terrifying Revelation About Nigeria’s Economy Under Buhari

Peter Obi Sends Warning To Pres. Buhari Over Debt Ahead Of 2023 Election

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