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Business - Page 710

Tinubu Hosts Chinese Envoy, Push for Deeper Strategic Partnership, Zero-Tariff Implementation

President Tinubu on Friday received the Chinese Ambassador to Nigeria, Yu Dunhai, at the State House in Abuja, as both countries moved to strengthen their Comprehensive Strategic Partnership and expand cooperation across key economic and security sectors. Ambassador Yu, who was accompanied

December 6, 2025

Business

Arik Sacks Pilots For Embarking On Strike

Emerging reports have claimed that Arik Air has dismissed some of its pilots for embarking on a strike. The airline described as gross act of indiscipline the alleged decision of the pilots to embark on the strike “without recourse to lay down

December 24, 2021

Business

FEC Approves N65.3bn For Power Projects In 2022

The Federal Executive Council meeting has approved N65.39bn in foreign and local denominations to execute power projects in the country. The Minister of Power, Abubakar Aliyu, made this known to State House Correspondents on Thursday at the end of an extraordinary meeting

December 24, 2021

Business

WHO Sounds Warning Over Fast-Spreading Omicron Variant

The head of the World Health Organization (WHO) on Monday said Omicron variant is spreading faster than the Delta variant and is causing infections in people already vaccinated or who have recovered from the COVID-19 disease. WHO chief scientist Soumya Swaminathan said it

December 21, 2021

Nigeria Accounts For 35% Of Foreign Airlines’ Trapped Funds Globally

Business

FG Reinstates Emirates’ Flight Schedule To Nigeria

The federal government disclosed that it has reinstated Emirates’ winter flight schedule to Nigeria. The schedule consisted of 21 weekly passenger flights to Nigeria, comprising two daily flights to Lagos airport and one daily flight to Abuja airport. This was contained in

December 21, 2021

Business

NERC Records 6.3 Million Unmetered Customers Despite Mass Meter Deployment

The Nigerian Electricity Regulatory Commission (NERC) has put the number of unmetered power users across the country at about 6.3 million, despite the mass deployment of meters by the Federal Government. In its just released Second Quarter 2021 report, the commission decried

December 21, 2021

Business·Uncategorized

60% African Tech Funding Secured By Nigeria Start-ups – US

The United States has revealed that Nigeria secured most of the tech start-up funding in Africa for 2021. Speaking at the Nigeria Tech Summit in Abuja, the U.S. Ambassador to Nigeria, Mary Beth Leonard, said African start-ups raised about $2.9 billion in

December 20, 2021

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

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SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

What is the dollar-to-naira exchange rate on the black market,

CBN Further Raises Benchmark Interest Rate To 27.25%

CBN Holds Interest Rate At 27% — Fourth Time In 2025

The monetary policy committee (MPC) of the Central Bank of

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Business - Page 710

Tinubu Hosts Chinese Envoy, Push for Deeper Strategic Partnership, Zero-Tariff Implementation

Arik Sacks Pilots For Embarking On Strike

FEC Approves N65.3bn For Power Projects In 2022

WHO Sounds Warning Over Fast-Spreading Omicron Variant

FG Reinstates Emirates’ Flight Schedule To Nigeria

NERC Records 6.3 Million Unmetered Customers Despite Mass Meter Deployment

60% African Tech Funding Secured By Nigeria Start-ups – US

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

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Chinese Fighter Jets Lock Radar on Japanese Aircraft Near Okinawa, Tokyo Lodges Protest

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SEC Orders Full Registration of Tradable Instruments by January 2026

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CBN Holds Interest Rate At 27% — Fourth Time In 2025

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