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Business - Page 682

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

AMA News·Business

Kerry Expands in East Africa to bring local, sustainable nutrition to Africa

Nairobi Development and Application Centre opens to support customers in East Africa and the development of sustainable food processing for the continent NAIROBI, Kenya, 26 May 2022, /African Media Agency/-Kerry, the world’s leading taste and nutrition company, is expanding operations in East Africa

May 27, 2022

AMA News·Business·Sports

Oracle Red Bull Racing to Unveil 2022 NFT Collection at the Monaco Grand Prix, Powered by Bybit and Tezos

MONACO, 27 May 2022 -/African Media Agency(AMA)/- Oracle Red Bull Racing is set to take its fans even closer to the action with the launch of its second series of digital collectibles with a one-of-a-kind auction at the Monaco Grand Prix. This next

May 27, 2022

AMA News·Business

Bybit’s World Series of Trading 2022 Entices Top Traders With a Record-Breaking $8M Prize Pool

DUBAI, United Arab Emirates, 26 May 2022 -/African Media Agency(AMA)/- Bybit’s World Series of Trading (WSOT) has been blazing a trail in competitive digital assets trading, and this year is no exception with registrations set to open on May 26, 2022. Players will compete in

May 27, 2022

AMA News·Business

African brands surge to 17% of the Top 100 brands.

Nike is the #1 brand for the 4th consecutive year. Dangote is the #1 brand that embraces African pride. MTN is the #1 most admired African brand. GT Bank is the #1 financial services brand. LAGOS, Nigeria, 26 May 2022/ African Media Agency

May 27, 2022

Business

FIRS Demands Tax Compliance Approval For Holding Political Offices

The Federal Inland Revenue Service (FIRS) has asked that tax compliance should be a prerequisite for clearing aspirants to contest elective positions. Muhammad Nami, executive chairman, FIRS and chairman, Joint Tax Board (JTB) made the recommendation at a meeting with the Independent National Electoral

May 27, 2022

Business

Company Income Tax Increased By 53% To N532.5bn In Q1 2022 – NBS

The National Bureau of Statistics (NBS) has disclosed that Nigeria generated N532.48 billion from company income tax (CIT) in the first quarter (Q1) of 2022. The NBS disclosed this in its recent company income tax report for the first three months of 2022 and obtained

May 27, 2022

CBN Denies Discriminating Against People With Physical Disabilities Seeking Job

Business

MAN, LCCI React As CBN Raises Lending Rate To 13%

The Manufacturers Association of Nigeria, the Lagos Chamber of Commerce and Industry, and the Nigerian-American Chamber of Commerce, have reacted to the hiking of the monetary policy rate by the Central Bank of Nigeria. They disclosed that the policy will hurt the

May 26, 2022

Business·News

Nigeria Exports Promotion Council Tasks New Exporters On Potentials In Service Sector

The need for Nigerian exporters to take advantage of the emerging market in the service sector was highlighted on Wednesday at a training programme organised by the Nigeria Exports Promotion Council (NEPC) in Lagos reports Prime Business Africa

May 25, 2022

AMA News·Business·Oil & Gas

African Media Agency Partners With South Sudan Oil And Power 2022 Conference And Exhibition

The Partnership Aims To Drive Business And Investment For East Africa’s Only Major Oil Producer ABIDJAN, Côte d’Ivoire, 25 May 2022, /African Media Agency/-African Media Agency, a leading pan-African PR and communications firm, today announced its partnership with Energy Capital & Power, an Africa-focused

May 25, 2022

Nigeria's GDP Growth Hit 2.51% In Second Quarter 2023 - NBS Reports

Business

Nigeria’s GDP Improves By 3.11% In Q1 2022 – NBS

The National Bureau of Statistics (NBS) has reported that Nigeria’s Gross Domestic Product (GDP) grew by 3.11 per cent in the first quarter of 2022. Prime Business Africa obtained this from the NBS Nigerian Gross Domestic Product Report Q1 2022 released in

May 24, 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 682

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

Kerry Expands in East Africa to bring local, sustainable nutrition to Africa

Oracle Red Bull Racing to Unveil 2022 NFT Collection at the Monaco Grand Prix, Powered by Bybit and Tezos

Bybit’s World Series of Trading 2022 Entices Top Traders With a Record-Breaking $8M Prize Pool

African brands surge to 17% of the Top 100 brands.

FIRS Demands Tax Compliance Approval For Holding Political Offices

Company Income Tax Increased By 53% To N532.5bn In Q1 2022 – NBS

MAN, LCCI React As CBN Raises Lending Rate To 13%

Nigeria Exports Promotion Council Tasks New Exporters On Potentials In Service Sector

African Media Agency Partners With South Sudan Oil And Power 2022 Conference And Exhibition

Nigeria’s GDP Improves By 3.11% In Q1 2022 – NBS

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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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