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Business - Page 702

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

AMA News·Business

Africa’s e-government efforts are bearing fruit

By Sunil Geness, Director: Global Government Affairs & CSR at SAP Africa LAGOS, Nigeria, 20th December 2021 -/African Media Agency(AMA)/- Following the impact of the COVID-19 pandemic on governments and citizens, countries across the African continent are looking at e-government with renewed interest

December 20, 2021

Business

Pay Online For Passport Application, Avoid Patronizing Touts – Minister

The Minister of Interior, Ogbeni Rauf Aregbesola, said the federal government has digitalised payments for Nigerian Passports. Aregbesola, however, asked Nigerians to avoid patronizing touts and unscrupulous officials when applying for the documents. The minister made this known on Monday in Ibadan,

December 20, 2021

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

Business

Global Community Steps Up With $93 Billion Support Package To Boost Poorest Countries

The World Bank has announced a 93 billion dollars replenishment package of the International Development Association (IDA) to help low-income countries respond to the COVID-19 crisis and build a greener, more resilient and inclusive future. This is according to a statement issued by

December 20, 2021

Business

FAAC Shares N675.946bn To FG, States, LGs

The Federation Accounts Allocation Committee (FAAC) has shared a total of N675.946 billion November 2021 Federation Account Revenue to the Federal Government, States and Local Government Councils. Prime Business Africa can confirm that the revenue from November was disbursed in December. This

December 20, 2021

AMA News·Business

Legendary global African marketer Thebe Ikalafeng honoured with a Financial Mail Adfocus Lifetime Achievement Award

JOHANNESBURG, South Africa ,20 December 2021/ African Media Agency (AMA)/- The Financial Mail Adfocus has honoured renowned marketer, Thebe Ikalafeng, with the 2021 Lifetime Achievement Award for his contributions to marketing, branding and the industry in a standout global African career that

December 20, 2021

The Nigeria Ports Authority (NPA), the Nigeria Customs Service (NCS) and three other agencies have been accused of illegal auction of Federal Government properties.

Business

Reps Summon Aregbesola, NIS Boss Over Passport Contracts

The House of Representatives’ Committee on Public Accounts has scolded the Nigerian Immigration Service for engaging consultants to manage visa and passport-related matters at Nigerian missions across the world. Consequently, the committee summoned the Minister of Interior, Rauf Aregbesola; the Permanent Secretary,

December 20, 2021

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

Business·Finance & Economy

Abdullahi Succeeds Babalola In FBN HoldCo Chairmanship

The Central Bank of Nigeria (CBN) has approved appointment of Alhaji Ahmad Abdullahi as non-executive director of First Bank Holdings Plc and Chairman of the company to replace Mr. Remi Balalola. The CBN’s Director for Corporate Communications, Osita Nwanisobi, disclosed late on

December 18, 2021

AMA News·Business

Dine by night – free entry to Expo 2020 Dubai

Book over 20 participating outlets and entry is free after 20:30 Jubilee Mixology, a rooftop bar with views over Al Wasl Dome DUBAI,UAE, 17 December 2021 /African Media Agency (AMA)/ – Savor the delights of Expo 2020, by night, with a limited-time offer.

December 17, 2021

Business

Buhari Okays Payment Of Salaries Withheld Over Health Workers’ Strike

President Muhammadu Buhari has approved the payment of health workers whose salaries were withheld when they embarked on strike. Chris Ngige, minister of labour and employment, made this known on Thursday while speaking to journalists after a meeting with the president at

December 17, 2021

Business

DMO Offers 10-Year N250bn Sukuk For Subscription

The Debt Management Office (DMO) has disclosed that it is offering a 10-year N250 billion road Sukuk instrument at a rental rate of 12.80 percent per annum, payable half-yearly. The offer at N1,000 per unit is subject to a minimum subscription of

December 17, 2021

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Business - Page 702

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

Africa’s e-government efforts are bearing fruit

Pay Online For Passport Application, Avoid Patronizing Touts – Minister

Global Community Steps Up With $93 Billion Support Package To Boost Poorest Countries

FAAC Shares N675.946bn To FG, States, LGs

Legendary global African marketer Thebe Ikalafeng honoured with a Financial Mail Adfocus Lifetime Achievement Award

Reps Summon Aregbesola, NIS Boss Over Passport Contracts

Abdullahi Succeeds Babalola In FBN HoldCo Chairmanship

Dine by night – free entry to Expo 2020 Dubai

Buhari Okays Payment Of Salaries Withheld Over Health Workers’ Strike

DMO Offers 10-Year N250bn Sukuk For Subscription

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Otti Breaks Ground on Dual Road Projects to Reconnect Abia’s Heartland, Boost Regional Trade

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Otti Breaks Ground on Dual Road Projects to Reconnect Abia’s Heartland, Boost Regional Trade

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