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Business - Page 687

Arab Bank, DCO Agree on Framework for Cooperation on Inclusive, Sustainable Digital Economies

The Digital Cooperation Organization (DCO), the world’s first standalone international intergovernmental organization dedicated to accelerating inclusive and sustainable digital economies, and the Arab Bank for Economic Development in Africa (BADEA) Friday signed a Memorandum of Understanding (MoU) as part of an ongoing

November 1, 2025

Business

FG Willing To Partner With Investors To Improve Power Supply – Minister

Abubakar Aliyu, minister of power, has disclosed that the federal government would partner with investors in the power sector to improve the power supply in the country. Aliyu made this known this while receiving Hidayet Bayratar, the ambassador of Turkey to Nigeria, and

February 21, 2022

Business

Nigerian Insurance Sector Rebounds, Records 8.01% Annual Growth – NBS

The Nigerian insurance industry, according to the National Bureau of Statistics (NBS), grew by 8.01 per cent in 2021, compared to a negative growth rate of 13.29 per cent in 2020, figures. Prime Business Africa obtained this from NBS’ Gross Domestic Product

February 21, 2022

Business

CBN Tackling Economic Challenges With Interventions – Emefiele

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has vowed to tack the economic challenges facing Nigeria’s economy. Emefiele who was represented by the Corporate Communications Director, CBN, Osita Nwanisoba, made this known at the end of a two-day CBN

February 21, 2022

Africa·AMA News·Business

Shelter Afrique & Managing Director Andrew Chimphondah Part Ways

NAIROBI, Kenya, February 21st, 2021 -/African Media Agency(AMA)/- Shelter Afrique the Pan-African Housing Financier dealing exclusively with the promotion of affordable housing has announced the departure of Managing Director Andrew Chimphondah. The announcement follows a recently held Board Meeting where a decision for

February 21, 2022

Business·News

Reasons Website Design Should Be Wholistic In Nigeria

The big importance of web designers in optimising websites for the search engines cannot be overlooked, anymore. If for a reason, the coronavirus pandemic has caused Nigeria to queue right behind her contemporaries in the world in terms of going virtual. Today’s

February 21, 2022

CBN Owes Goldman Sachs, JP Morgan $7.5bn, Releases Financials Amid Probe

Business

Currency In Circulation Hits N3.33tn On Cash Transactions – CBN

The currency in circulation, according to the Central Bank of Nigeria (CBN), rose by N418bn to N3.33tn as of December 31, 2021, from N2.91tn a year earlier. The CBN data showed that the currency in circulation increased by 19.06 per cent from

February 20, 2022

Cost Of Living Worsens As New Petrol Price Hits Hard On Nigerians

Business

Punish Dirty Petrol Importers, Overhaul Imports System – LCCI Tells FG

The Lagos Chamber of Commerce and Industry (LCCI) has asked the federal government to punish those involved in the importation of adulterated Premium Motor Spirit (petrol) into the country. The LCCI disclosed the need for an immediate overhaul of the country’s

February 20, 2022

Business·News·Top Stories

Court Issues Bench Warrant In N10.7 Billion Ponzi Case

The Federal High Court sitting in Lagos has issued a bench warrant for the arrest of one Joshua Adeyinka Kayode, a 22-year-old defendant who is standing trial for allegedly defrauding over 170 investors of N10.7 billion through a sham investment scheme. The

February 20, 2022

Business·News·Technology·Top Stories

Wema Bank Chief Reveals Secrets On Data Storage

Managing Director and Chief Executive Officer of Wema Bank Plc, Mr. Ademola Adebise, has advised accountants to store data safely and protect them against cyber threats and other criminal breaches. Adebise said this at the 16th Institute of Chartered Accountants of Nigeria

February 19, 2022

Cooking Gas Marketers Reveal Panic Buying Could Raise Price In Nigeria

Business·News·Top Stories

12.5kg Cooking Gas Hits N8,000 In January – NBS

National Bureau of Statistics (NBS) disclosed that residents in Osun, Abuja and Oyo states paid the highest amount for liquefied petroleum gas, better known as cooking gas, in January 2022. Prime Business Africa gathered that the average price for refilling a 12.5kg

February 18, 2022

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Business - Page 687

Arab Bank, DCO Agree on Framework for Cooperation on Inclusive, Sustainable Digital Economies

FG Willing To Partner With Investors To Improve Power Supply – Minister

Nigerian Insurance Sector Rebounds, Records 8.01% Annual Growth – NBS

CBN Tackling Economic Challenges With Interventions – Emefiele

Shelter Afrique & Managing Director Andrew Chimphondah Part Ways

Reasons Website Design Should Be Wholistic In Nigeria

Currency In Circulation Hits N3.33tn On Cash Transactions – CBN

Punish Dirty Petrol Importers, Overhaul Imports System – LCCI Tells FG

Court Issues Bench Warrant In N10.7 Billion Ponzi Case

Wema Bank Chief Reveals Secrets On Data Storage

12.5kg Cooking Gas Hits N8,000 In January – NBS

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