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Business - Page 698

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

AMA News·Business

Africa.com Definitive List of Women CEOs expands by 50%

JOHANNESBURG, South Africa, 10th March, 2022 -/African Media Agency(AMA)/- Africa.com announced the second annual Africa.com Definitive List of Women CEOs on March 8, 2022, in line with International Women’s Day. The list is a unique, data-driven research effort that highlights the women who lead big

March 10, 2022

AMA News·Business

Three East Africa economic sectors ripe for tech innovation

NAIROBI, Kenya, 10th March 2022 -/African Media Agency(AMA)/- As East Africa opens its economy following two years of pandemic-related disruption, the region needs to prioritise digitisation and innovation. This can help countries across the region boost their recovery and establish stronger foundations for

March 10, 2022

Business·Finance & Economy

UBA Hits N153 billion Profit On 11% Balance Sheet Growth

United Bank for Africa (UBA) Plc, has announced its audited results for the full year ended December 31, 2021, reporting impressive performance in key financial metrics. The 2021 financial result filed by the bank at the Nigerian Stock Exchange (NSE) on March

March 6, 2022

Business·Finance & Economy·News

Beer Sector Contribution To Global GDP Hits $555b – Report

Despite the COVID-19 pandemic which disrupted socio-economic activities worldwide between 2019 and 2020, a new report on beer sector economic impact reveals that the gross value added to global GDP in 2019 amounted to $555 billion and supported an estimated 23 million

March 4, 2022

AMA News·Business

Aleph Hospitality signs first hotel in Rwanda

Dubai-based hotel management company to operate the MGallery hotel in Kigali and oversee the management of all facilities at the Century Park Hotel and Residences DUBAI, UAE, 4 March 2022 -/African Media Agency(AMA)/- Leading independent hotel management company, Aleph Hospitality, has signed a

March 4, 2022

AMA News·Business

New report on narratives on business in Africa shows another ‘scramble for Africa’ by foreign powers is underway in international media

Analysis of 750 million stories published between 2017 and 2021 70% of coverage about business in Africa references foreign powers including China, the USA, Russia, France, and the UK Corruption referenced in nearly 10% of stories on business in Africa <1% of

March 3, 2022

Business

Buhari Approves $8.5 Million To Evacuate Stranded Nigerians In Ukraine

President Muhammadu Buhari on Wednesday approved $8.5 million dollars to the ministries of Foreign Affairs and Humanitarian, Disaster Management, and Social Development, for the immediate evacuation of over 5,000 (registered and unregistered) Nigerians stranded in Ukraine. These Nigerians who became stranded are

March 2, 2022

AMA News·Business·Politics

Women Heads of State Initiative Launches in Africa

JOHANNESBURG, South Africa, 2 March, 2022 -/African Media Agency(AMA)/- Africa.com announces an exciting new cross-media initiative in partnership with Coca-Cola Africa. This initiative recognizes current and former women Presidents and Prime Ministers. The corresponding research identified not just high-profile personalities but the women

March 2, 2022

Finance Minister Likens Hardship Caused By Old Naira Deadline To Injury

Business

Nigeria Ranks Low In World Bank Projects’ Implementation – FG

Nigeria has ranked low ranking in terms of the level of implementation of projects funded by the World Bank. The Minister of Finance, Budget and Nation Planning, Zainab Ahmed, disclosed this at a retreat for members of the National Assembly on process

March 2, 2022

Business·News

Zenith Declares N280.4b Profit, Rewards Shareholders With N97.32 billion

Zenith Bank, in line with its consistent impressive financial performance and customer service delivery, has announced an improved balance sheet for 2021.

March 1, 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 698

ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

Africa.com Definitive List of Women CEOs expands by 50%

Three East Africa economic sectors ripe for tech innovation

UBA Hits N153 billion Profit On 11% Balance Sheet Growth

Beer Sector Contribution To Global GDP Hits $555b – Report

Aleph Hospitality signs first hotel in Rwanda

New report on narratives on business in Africa shows another ‘scramble for Africa’ by foreign powers is underway in international media

Buhari Approves $8.5 Million To Evacuate Stranded Nigerians In Ukraine

Women Heads of State Initiative Launches in Africa

Nigeria Ranks Low In World Bank Projects’ Implementation – FG

Zenith Declares N280.4b Profit, Rewards Shareholders With N97.32 billion

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ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

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

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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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