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Business - Page 675

Heirs Energies Agrees $750m Afreximbank Financing to Drive Long-Term Growth

Heirs Energies Limited, Nigeria’s leading indigenous integrated energy company, has executed a USD 750 million financing with the African Export–Import Bank (Afreximbank). The transaction was concluded at a signing ceremony in Abuja on Saturday 20th December 2025, attended by Mr. Tony

December 21, 2025

Business

Electricity Grid Records Fifth Collapse In Four Months, 99 Times Under President Buhari

For the fifth time in the last four months, Nigeria’s national electricity grid collapsed on Sunday, disclosing the Federal Government’s inability to halt the situation, considering it has collapse more times than all of 2021. The recent collapse was reported by Enugu

June 13, 2022

AMA News·Business

Walken to Launch on Bybit Launchpad 2.0

DUBAI, United Arab Emirates, 13 June 2022 -/African Media Agency(AMA)/- Walken protocol, the market’s first all-in-one product based on the Walk2Play-Win2Earn concept, will launch on June 20 in partnership with Bybit as the first listing platform for its token $WLKN. Bybit users can

June 13, 2022

AMA News·Business

Siginon Group catalyzes growth potential with SAP ByDesign

NAIROBI, Kenya, 13th June 2022 -/African Media Agency(AMA)/- Fast-growing businesses need to be supported by technology platforms that support their growth and expansion while keeping tight controls over financial and other core business processes. Siginon Group, a leading Pan-African transport and logistics company

June 13, 2022

Business·Oil & Gas

Nigerians Spent N156.5 billion In Two Weeks On Petrol, Lagos Leads States

In two weeks, Nigerians consumed 966.58 million litres of petrol, which cost them about N156.58 billion, in May, according to the Nigerian National Petroleum Company (NNPC), with Lagosians spending the highest amongst state. According to data on NNPC Premium Motor Spirit (PMS)

June 13, 2022

AMA News·Business

The 2022 U.S.-Africa Business Summit is Coming to Marrakech, Morocco

WASHINGTON DC, USA,13 June 2022, /African Media Agency/-The Corporate Council on Africa (CCA) has officially launched the 2022 U.S. – Africa Business Summit website which is now open for registration. The Summit, themed ‘Building Forward Together,’ will be held in Marrakech, Morocco on

June 13, 2022

Business

Starlink Coming To Nigeria Means A Kid From Ojoto Will Have Same Internet Access As A Kid In Abuja, Lagos, Port Harcourt – Dr Mbamalu

Media expert and Chief Executive Officer of Newstide Publications Limited, publishers of Prime Business Africa, Dr Marcel O. Mbamalu, has explained that the arrival of Elon Musk’s Starlink in Nigeria would offer a child in Ojoto in far-away Anambra State similar opportunity

June 13, 2022

Business·Markets

Bitcoin Losing Appeal, As Crash Cost Investors $384.7 billion

Investors are currently not seeing bitcoin as a safe haven for their funds, despite inflation ripping through Nigeria, United States and other countries, on the back of the ongoing war between Russia and Ukraine. Bitcoin’s dip comes as a shock considering in

June 13, 2022

Business

Humanitarian Affairs Ministry Reveals How NPower Batch C Applicants Can Confirm Selection

The Federal Ministry of Humanitarian Affairs has revealed how Nigerians who applied to become NPower beneficiaries can confirm their selection by the Federal Government for Batch C of the empowerment programme. According to the official Twitter account of the Social Investment Programme

June 12, 2022

Business·Finance & Economy·News

Capital Market Rules: NGX Slams N13.5m Fine On Unity Bank, Union Bank, First Bank

Unity Bank, under the leadership of Oluwatomi Somefun, has been sanctioned for failing to comply with the rules of the capital market authority, the Nigerian Exchange Limited (NGX), relating to release of financial statements. The management of the company failed to submit

June 12, 2022

Business·Technology

Google Takes Down Nigerian Loan Apps, Sokoloan, EasyMoni, 2000 Others In India Later

Google has taken down Sokoloan, EasyMoni and some other Nigerian loan apps from its Playstore, few months after the Federal Competition and Consumer Protection Commission (FCCPC) clampdown on their operation in Lagos State. FCCPC boss had written an order to Google and

June 10, 2022

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

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

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Business - Page 675

Heirs Energies Agrees $750m Afreximbank Financing to Drive Long-Term Growth

Electricity Grid Records Fifth Collapse In Four Months, 99 Times Under President Buhari

Walken to Launch on Bybit Launchpad 2.0

Siginon Group catalyzes growth potential with SAP ByDesign

Nigerians Spent N156.5 billion In Two Weeks On Petrol, Lagos Leads States

The 2022 U.S.-Africa Business Summit is Coming to Marrakech, Morocco

Starlink Coming To Nigeria Means A Kid From Ojoto Will Have Same Internet Access As A Kid In Abuja, Lagos, Port Harcourt – Dr Mbamalu

Bitcoin Losing Appeal, As Crash Cost Investors $384.7 billion

Capital Market Rules: NGX Slams N13.5m Fine On Unity Bank, Union Bank, First Bank

Google Takes Down Nigerian Loan Apps, Sokoloan, EasyMoni, 2000 Others In India Later

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Heirs Energies Agrees $750m Afreximbank Financing to Drive Long-Term Growth

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Heirs Energies Agrees $750m Afreximbank Financing to Drive Long-Term Growth

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Heirs Energies Agrees $750m Afreximbank Financing to Drive Long-Term Growth

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