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Business - Page 686

Dangote–Farouk Saga: Why Damning Claims Brought Down Oil Sector Giants

Dangote–Farouk Saga: Why Damning Claims Brought Down Oil Sector Giants By Dr Marcel Mbamalu In a stunning turn of events, high-profile resignations have rocked Nigeria’s oil sector, leaving many wondering what’s really going on. The sudden exits of Farouk Ahmed and Gbenga

December 22, 2025

Business·News·Top Stories

Emefiele’s Presidential Ambition: INEC To Move Sensitive Electoral Materials From CBN

The Independent National Electoral Commission (INEC) has disclosed that it would employ both the manual and electronic methods in the transmission of the 2023 elections results. The INEC also explained that there is a possibility of moving sensitive materials from the Central

May 12, 2022

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·News·Top Stories

Pre-election Year: N17tn Bank Deposits Hinged On Naira Depreciation, Investor Apathy

Households and corporates are increasingly becoming risk-averse as Nigeria gets closer to election year 2023, justifiably reflecting concerns around political uncertainties and attendant macro risks. This account for the astronomical rise in bank deposits recently reported by the Central Bank of Nigeria

May 12, 2022

Business·News·Technology

Data Science Gets New Boost On ZBook Mobile Workstations

HP Inc., on Thursday announced new ZBook mobile workstations, the HP ZBook Studio G9 and HP ZBook Fury G9, two new Z displays, a new Thunderbolt G4 Dock, and tools to help accelerate productivity for data scientists. Built for professional creators, the

May 12, 2022

Business

Below $33,000, Bitcoin Hits Lowest Price In 10 Months

Bitcoin, the world’s largest crypto by market cap, on Monday dropped below $33,000 for the first time in 10 months. The volatile asset had last recorded its lowest price in July 2021. The digital currency recently fell as low as $38,000 from

May 10, 2022

Business

Anxiety As Petrol Marketers Alert To Worst Scarcity

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has alerted Nigerians to prepare for the worst fuel crisis. The petrol marketers association urged the Federal Government to prevail on the Nigerian Midstream and Downstream Petroleum Regulatory Authority to pay its members their

May 10, 2022

CBN Orders Nigerian Banks To Lift Restriction On Accounts Of Crypto, Other Firms

Business

FG’s Debt Servicing Hits $101m – CBN Reports

The monthly debt service, according to figures obtained from the Central Bank of Nigeria (CBN), rose by $31.46m in one month to $101.29m in January. Prime Business Africa can report that the date indicated a 45 per cent increase month-on-month. The CBN,

May 10, 2022

Business·News·Sports

Chelsea Keen To Launch £65million Chase Of AS Monaco Star

Chelsea are considering a £65million approach for AS Monaco midfielder Aurelien Tchouameni. The French youngster of African descent has been churning out impressive performances

May 10, 2022

Business

Why Fuel Queues Resurfaced In Abuja – NNPC

The Nigerian National Petroleum Corporation (NNPC) has attributed the sudden appearance of fuel queues in parts of Abuja to low loadouts and increased purchases that characterise post-holiday periods. Prime Business Africa had reported that most filling stations in Abuja and neighbouring

May 9, 2022

Business

1,775 Workers Withdraw N3.09bn From Pension Contribution – PenCom

A total of 1,775 workers, according to the National Pension Commission (PenCom), withdrew N3.09bn from their Retirement Savings Accounts held by Pension Fund Administrators in six months after making additional voluntary contributions. PenCom disclosed this in its quarterly report on ‘Access to

May 9, 2022

Business

Fuel Queues Resurface In Abuja, Neighbouring States – Reports

Emerging reports have claimed that most filling stations in Abuja and neighbouring states of Nasarawa and Niger that dispensed Premium Motor Spirit, popularly called petrol, on Sunday were greeted with long queues. It was observed that many other outlets were shut as

May 9, 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 686

Dangote–Farouk Saga: Why Damning Claims Brought Down Oil Sector Giants

Emefiele’s Presidential Ambition: INEC To Move Sensitive Electoral Materials From CBN

Pre-election Year: N17tn Bank Deposits Hinged On Naira Depreciation, Investor Apathy

Data Science Gets New Boost On ZBook Mobile Workstations

Below $33,000, Bitcoin Hits Lowest Price In 10 Months

Anxiety As Petrol Marketers Alert To Worst Scarcity

FG’s Debt Servicing Hits $101m – CBN Reports

Chelsea Keen To Launch £65million Chase Of AS Monaco Star

Why Fuel Queues Resurfaced In Abuja – NNPC

1,775 Workers Withdraw N3.09bn From Pension Contribution – PenCom

Fuel Queues Resurface In Abuja, Neighbouring States – Reports

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Dangote–Farouk Saga: Why Damning Claims Brought Down Oil Sector Giants

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

SAFE IN NIGERIA: Boris Johnson’s Claim and the outrage

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Dangote–Farouk Saga: Why Damning Claims Brought Down Oil Sector Giants

Dangote Explains Why Cement Costs More in Nigeria Than Abroad

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

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

Dollar Trades Flat In Black Market, Appreciates In Official Window

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

Dangote–Farouk Saga: Why Damning Claims Brought Down Oil Sector Giants

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