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Business - Page 700

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

FG To Spend N3.53tn On Infrastructure, Human Capital Development

The federal government has planned to spend N1.42 trillion on infrastructure and N2.11 trillion on human capital development in 2022. The Minister of Finance, Budget and National Planning, Zainab Ahmed, said the regime of President Muhammadu Buhari, was determined to prioritise spending

February 22, 2022

AMA News·Business

Better Together: Volunteering initiative drives social impact at black-owned businesses

JOHANNESBURG, South Africa, 22nd February 2022 -/African Media Agency(AMA)/- Black-owned businesses and social enterprises recently received welcome support when a team of local and international business and technology experts volunteered time, skills, and resources to help scale the impact they make in their

February 22, 2022

Air Peace Offers Affordable Luxury Flights To Antiqua For vacationers

Business

Air Peace, Arik Air Increase Base Fare For Economy Flights To N50,000

Nigerian airlines have increased the cost of economy flight tickets for domestic routes from about N35,000 to a base fare of N50,000. The airlines include Azman Air, Max Air, Ibom Air, Arik Air, Air Peace and Dana Air. Prime Business Africa gathered that

February 21, 2022

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

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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 700

ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

FG To Spend N3.53tn On Infrastructure, Human Capital Development

Better Together: Volunteering initiative drives social impact at black-owned businesses

Air Peace, Arik Air Increase Base Fare For Economy Flights To N50,000

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

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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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