Business - Page 664

Savannah Acquisition In Jeopardy As Lekoil Shareholder Files Winding-up Petition

Lekoil Nigeria Limited has filed a petition in the Grand Court of Cayman Island to request a just and equitable winding up of Lekoil Cayman to avert value loss by shareholders of

Chimara Bygold

April 7, 2022

Business

Banks Enter CBN ‘Net’, Bag N800m Fine Over Crypto Transactions

Three Deposit Money Banks in Nigeria have violated Central Bank of Nigeria (CBN’s) order barring customers from transacting in cryptocurrencies, ncurringt N800m fine. A report by Bloomberg released on Wednesday read that

PBA Reporter

April 7, 2022

Business·News·Oil & Gas·Top Stories

Lekoil Nigeria Secures Court Injunction Against Lekoil Limited, Savannah Energy On Share Value Dilution

Following the announcement of 28 February 2022 by Lekoil Limited that it had entered into an agreement with Savannah Energy Investments Limited, a subsidiary of Savannah Energy PLC, Lekoil Nigeria Limited has

Uduegbunam Chukwujama

April 6, 2022

Nigeria's Debt Crisis Deepens With 183% Debt Service To Revenue Ratio

Business·News·Top Stories

Nigeria’s Debt Can Rise To N50trn – Muda Yusuf

The Centre for the Promotion of Private Enterprise has said that Nigeria’s debt, including that of the Asset Management Corporation of Nigeria and borrowings from the Central Bank of Nigeria, can hit

PBA Reporter

April 5, 2022

Access Bank Raises N351bn, Emerges First Nigerian Bank To Meet CBN’s N500bn Capital Requirement

Business·News·Top Stories

EXCLUSIVE: Access Bank’s Takeover Bid For First Guarantee Pensions Raises Dust

Latest moves by Access Bank Plc to acquire First Guarantee Pensions Limited (FGPL), a pension fund administrator (PFA), is now met with the stoutest resistance from shareholders who believe that the process

Uduegbunam Chukwujama

April 5, 2022

AMA News·Business

A four-step plan for African SMEs’ journey to the cloud

NAIROBI, Kenya, 5th April 2022 -/African Media Agency(AMA)/- As African SMEs feel the pinch of constrained growth following two years of disruption due to the pandemic, business owners are increasingly seeking the benefits

Prime Business Africa

April 5, 2022

Peg Import Duty Dollar Rate At N1000/$ - CPPE Urges CBN

Business

Nigeria’s Total Debt Can Hit N50tn – Economic Expert

Dr. Muda Yusuf, Former Director-General, Lagos Chamber of Commerce and Industry said Nigeria’s debt, including that of the Asset Management Corporation of Nigeria and borrowings from the Central Bank of Nigeria, can

PBA Reporter

April 5, 2022

Transcorp To Sell Transcorp Hotels Calabar Amid N269.26 million Loss

Business·News·Top Stories

TransCorp Hotels Disburses N717 Million Dividend To Shareholders

Transcorp Hotels Plc paid a total dividend of N717 million to its shareholders at its 8th Annual General Meeting held at Transcorp Hilton Abuja on Monday. The Chairman of the Board of Directors, Mr. Emmanuel

Uduegbunam Chukwujama

April 4, 2022

Business·News·Tech News

Elon Musk Now Twitter’s Biggest Shareholder

United States’ Securities and Exchange Commission (SEC’s) new filing has revealed that Tesla chief, Elon Musk, is now one of Twitter’s two biggest shareholders, with 9.2 per cent stake. The latest filing

Uduegbunam Chukwujama

April 4, 2022

AMA News·Business

COFINA Banks on Oracle to Get Loans to Underserved Businesses Faster

African mesofinance provider taps Oracle Financial Services to enhance its digital services for small-to-medium sized businesses CôTE D’IVOIRE, Africa and AUSTIN,Texas, 4 April 2022 -/African Media Agency(AMA)/- Compagnie Financiere Africaine (COFINA), an Africa-based financial group

Prime Business Africa

April 4, 2022

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Business - Page 664

Savannah Acquisition In Jeopardy As Lekoil Shareholder Files Winding-up Petition

Banks Enter CBN ‘Net’, Bag N800m Fine Over Crypto Transactions

Lekoil Nigeria Secures Court Injunction Against Lekoil Limited, Savannah Energy On Share Value Dilution

Nigeria’s Debt Can Rise To N50trn – Muda Yusuf

EXCLUSIVE: Access Bank’s Takeover Bid For First Guarantee Pensions Raises Dust

A four-step plan for African SMEs’ journey to the cloud

Nigeria’s Total Debt Can Hit N50tn – Economic Expert

TransCorp Hotels Disburses N717 Million Dividend To Shareholders

Elon Musk Now Twitter’s Biggest Shareholder

COFINA Banks on Oracle to Get Loans to Underserved Businesses Faster

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