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Business - Page 700

Aliko Dangote Makes History as First African to Hit $30 Billion Net Worth

Africa’s richest man, Aliko Dangote, has reached a historic milestone, becoming the first African to attain a net worth of $30.5 billion, according to the latest update from the Bloomberg Billionaires Index. As of October 25, 2025, Bloomberg ranks Dangote 73rd globally,

October 25, 2025

Business

INTERVIEW: Access Bank CEO, Herbert Wigwe, Discusses The Company’s Expansion Plans

Nigeria’s Access Bank has grown from a small commercial operation to a global financial brand. Access now wants to provide banking services to half of all Nigerians in 2022 and act as the continent’s gateway to the rest of the world. Herbert

January 5, 2022

Business

OPEN LETTER: Tony Elumelu Shares Key Values African Entrepreneur Must Pursue In 2022

Tony Onyemaechi Elumelu (CON), a Nigerian economist, entrepreneur, and philanthropist has penned an open letter to African entrepreneurs. The founder of the Tony Elumelu Foundation is propagating the message of ‘Africapitalism’. The coinage signifies an economic philosophy predicated on the belief that

January 5, 2022

Business

INTERVIEW: FirstBank Is Resilient, Stable And Built For The Long Haul – Adeduntan

Dr. Adesola (“Sola”) Kazeem Adeduntan (FCA) is the managing director/chief executive officer of First Bank Nigeria Limited, last year saw his tenure extended as part of efforts to ensure the stability of the financial institution. Prior to this appointment, he was an Executive

January 5, 2022

Nigerian Gov’t Spends N96 Out Of Every N100 To Pay Debt - World Bank Says, Reveals Impact

Business

Nigeria’s Debt Vulnerable, Costly – World Bank Alerts

The World Bank has disclosed that Nigeria’s debt, which may be considered sustainable for now, is vulnerable and costly. According to the Washington-based global financial institution, the country’s debt is also at risk of becoming unsustainable in the event of macro-fiscal

January 4, 2022

AMA News·Business

Shelter Afrique sets the record straight on misrepresentations

NAIROBI, Kenya, January 4th, 2021 -/African Media Agency(AMA)/- The attention of the Board of Directors of Shelter Afrique has been drawn to the spurious allegations made against the company and its officials, which are contained in an article published in the Financial Afrik

January 4, 2022

Business

CBN Vows To Improve Credit For Households, SMEs In 2022

The Central Bank of Nigeria (CBN) has disclosed that it will improve access to finance and credit for households, small and medium-sized enterprises (SMEs) in 2022. Godwin Emefiele, CBN governor, made this known at an event held recently in Lagos. Emefiele emphasised the need

January 4, 2022

Aviation Workers To Shutdown Airport Operation For Two Days, Reveal Reasons

Business

Lagos Airport’s Car Park Safe For Travellers, Vehicles – FAAN

The Federal Airports Authority of Nigeria has disclosed that the car park at the Murtala Muhammed International Airport in Lagos which is managed by Messrs Seymour Nigeria Limited is safe for travellers and vehicles. FAAN stated this in reaction to a publication

December 30, 2021

Business

FG Borrows N13.6tn Via Bonds In Six Months Amid Rising Deficit Financing

The federal government’s bond offer and allotment rose by N1.99tn in the first six months of this year to N13.66tn, from the N11.67tn recorded in the corresponding period of last year. The Financial Markets Department of the Central Bank of Nigeria disclosed

December 30, 2021

Nigeria's President Muhammadu Buhari has been urged to ensure he quickly assents to the amended Electoral Bill as passed by the National Assembly.

Business

Buhari Promises To Ease Importation For Manufacturers Through Forex Supply

President Muhammadu Buhari has assured the Manufacturers Association of Nigeria that his regime will do everything in its power to improve access to foreign exchange for importation of raw materials and machines that are not available locally. Buhari said this on Wednesday

December 29, 2021

Business

FG Releases N16.6bn Accrued Pension for 2021 MDA Retirees

The National Pension Commission (PenCom) said the federal government has approved the release of N16.67 billion for the payment of accrued pension rights to 2021 retired workers. The retiring workers will be from treasury-funded ministries, departments and agencies (MDAs). PenCom said this

December 29, 2021

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Business - Page 700

Aliko Dangote Makes History as First African to Hit $30 Billion Net Worth

INTERVIEW: Access Bank CEO, Herbert Wigwe, Discusses The Company’s Expansion Plans

OPEN LETTER: Tony Elumelu Shares Key Values African Entrepreneur Must Pursue In 2022

INTERVIEW: FirstBank Is Resilient, Stable And Built For The Long Haul – Adeduntan

Nigeria’s Debt Vulnerable, Costly – World Bank Alerts

Shelter Afrique sets the record straight on misrepresentations

CBN Vows To Improve Credit For Households, SMEs In 2022

Lagos Airport’s Car Park Safe For Travellers, Vehicles – FAAN

FG Borrows N13.6tn Via Bonds In Six Months Amid Rising Deficit Financing

Buhari Promises To Ease Importation For Manufacturers Through Forex Supply

FG Releases N16.6bn Accrued Pension for 2021 MDA Retirees

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