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Business - Page 696

Stock Market Rally Halted As Demand For Ecobank, PZ Cussons Shares Dropped

ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

At the end of trading in the Nigerian stock market on Monday, December 22, the capitalisation of the Nigerian Exchange (NGX) Limited closed at N97.19 trillion. Also, the all-share index (ASI) of the NGX stood at 152,459.07 ASI. Equity traders exchanged 451,52

December 22, 2025

Business·Finance & Economy·Top Stories

Infrastructure: InfraCredit, ATI Sign Deal On Debt Financing

InfraCredit, a specialised infrastructure credit guarantee institution in Nigeria and the African Trade Insurance Agency (“ATI”), a pan-African multilateral development finance institution for risk solutions have signed a Memorandum of Understanding (“MoU”) on Cooperation as risk-sharing partners to unlock access to long-term

March 29, 2022

AMA News·Business

SES Adds Third Satellite from Thales Alenia Space to Extend Services across Europe, Africa and Asia

Innovative, flexible, software-defined satellite to replace NSS-12 at 57 degrees East to deliver content and connectivity to hundreds of millions at the crossroads of three continents LUXEMBOURG, 29 March 2022 -/African Media Agency (AMA)/- SES announced today it has ordered SES-26 a fully software

March 29, 2022

AMA News·Business

Cryptocurrency Exchange Bybit Receives In-Principle Approval to Conduct Virtual Asset Business in UAE and Move Global Headquarters to Dubai

UAE welcomes Bybit and heralds growth of ‘next generation FDI’ Bybit is committed to a continuous constructive dialogue with regulators and legislators in the UAE and will play a key role in educating investors and wider public on digital assets DUBAI, United

March 28, 2022

President/Group Chief Executive Officer, Owen Omogiafo

Business·News·Top Stories

Transcorp Hits N27.9B Profit, 530% PAT Leap In Full Year Performance

What appears a proof that hotel businesses and the entire hospitality sector are recovering from the COVID-19 pandemic has been presented in the 2021 Full Year Financial performance of Transnational Corporation of Nigeria (TransCorp) Plc. TransCorp, a listed conglomerate with investments in

March 28, 2022

Business·News·Top Stories

JUST IN: U.S. Provides Over $2 Million New Equipment To Strengthen Nigeria’s Counter-Nuclear Smuggling Capacity

The U.S. government on Friday said it works closely with Nigeria’s security services to provide technical assistance, equipment, professional exchange and training opportunities that support efforts to create a more peaceful, prosperous nation. The U.S. Department of Energy/National Nuclear Security Administration, through

March 25, 2022

Business·News·Sports

NFF Launches N5 billion ‘The Nigeria Football Fund’ With GTI Group

The Nigeria Football Federation has launched a groundbreaking deal with Investment bankers, GTI Group, which will greatly enhance sports development in the country reports Prime Business Africa.

March 24, 2022

Business·Markets·News

Why Foam Production In Nigeria Is Expensive, By Industrialist

Just like other firms in the manufacturing sector in Nigeria that face infrastructure challenges, foam companies have peculiar factors that make production very expensive says deputy managing director, Royal Foam Products Nigeria Ltd, Jibril Mohammed.

March 24, 2022

Agro-Economy·Business·News

Buhari Sees Food Sufficiency On Dangote’s $2.5 Billion Fertilizer Plant

President Muhammadu Buhari on Tuesday commissioned the Dangote Fertilizer Plant at Ibeju-Lekki with eminent Nigerians comprising of serving Governors, captains of industry and diplomats present to witness the grand opening of the plant reports Prime Business Africa.

March 22, 2022

AMA News·Business·Oil & Gas

Total digital transformation puts ANPG on track to achieve vital mandate

JOHANNESBURG, South Africa, 21st March 2022 -/African Media Agency(AMA)/- In the highly competitive oil and gas sector, any inefficiency could result in missed opportunities and lost revenue. For a newly decreed national agency overseeing oil and gas production in Angola, a total digital

March 21, 2022

Business·Top Stories

BUA Confirms Three Deaths In Sokoto Diesel Depot Fire

Following Friday morning fire incident that killed at least three people, including one expatriate, BUA in a statement said the fire incident occurred ”whilst routine maintenance work was ongoing on one of the storage tanks by a third-party contractor.’’ A statement signed

March 19, 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 696

ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

Infrastructure: InfraCredit, ATI Sign Deal On Debt Financing

SES Adds Third Satellite from Thales Alenia Space to Extend Services across Europe, Africa and Asia

Cryptocurrency Exchange Bybit Receives In-Principle Approval to Conduct Virtual Asset Business in UAE and Move Global Headquarters to Dubai

Transcorp Hits N27.9B Profit, 530% PAT Leap In Full Year Performance

JUST IN: U.S. Provides Over $2 Million New Equipment To Strengthen Nigeria’s Counter-Nuclear Smuggling Capacity

NFF Launches N5 billion ‘The Nigeria Football Fund’ With GTI Group

Why Foam Production In Nigeria Is Expensive, By Industrialist

Buhari Sees Food Sufficiency On Dangote’s $2.5 Billion Fertilizer Plant

Total digital transformation puts ANPG on track to achieve vital mandate

BUA Confirms Three Deaths In Sokoto Diesel Depot Fire

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

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

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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ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

Dollar Rate Drops In Black Market, Stable In Official Window

Best-Performing Cement Companies In Nigeria — By Revenue Growth

Dangote Cement Posts Strong Profit Growth Despite Flat Volumes

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

ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

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