Browse Category

Business - Page 718

Dollar Rate Crosses N1,400/$ In Black Market, Rises To N1,387/$ In Official Window

On Wednesday, March 4, the foreign exchange (FX) rate for the United States dollar (USD) increased by N21.65 kobo to N1,409.42 kobo per $1. The dollar rate increased from N1,387.77 kobo per USD recorded on Tuesday, March 3, indicating the naira depreciated

March 4, 2026

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

Business

World Bank Reveals Factors Responsible For Food Inflation In Nigeria

The World Bank’s report has claimed that import restrictions and non-flexible exchange rate management of the Central Bank of Nigeria are the major driving forces for food inflation in Nigeria. This was contained in the Washington-based bank in new biannual report by

April 21, 2022

CBN Denies Discriminating Against People With Physical Disabilities Seeking Job

Business

External Reserves Return To Growth Path, Rise By $243.83m In 19 Days

Figures obtained from the Central Bank of Nigeria have claimed that the country’s external reserves rose by $243.83m in 19 days. The CBN made this known in its data on movement in reserves that the value rose from $39.54bn as of April

April 21, 2022

Business

Fire Guts Section Of CBN Office In Benue – Report

An emerging report has claimed that there was a fire outbreak at the Makurdi office of the Central Bank of Nigeria (CBN) in Benue state today, Thursday. Prime Business Africa learnt that the fire started from the fuel dome of the bank.

April 21, 2022

Business

Travellers Via Nigerian Airports Increased By 43% To 13m In 2021 – Report

The National Bureau of Statistics (NBS) has disclosed that about 13 million passengers travelled through Nigerian airports in 2021 Prime Business Africa can report that the figure represents a growth rate of 43.41 per cent from 9 million recorded in 2020. The

April 20, 2022

Business

AfDB Okays €9.8m To Support Venture Capital Investments

An equity investment of €9.8 million has been approved as a support venture capital investments in African startups by board of the African Development Bank Group (AfDB). Prime Business Africa is aware that the development finance institution announced this in a statement

April 20, 2022

AMA News·Business

Thales obtains type certification for Spy’Ranger 330 system

Type certification enables the French Army to proceed with operator instruction and training with the SMDR mini-UAS reconnaissance system, deploy it in overseas theatres of operations without requiring specific flight approvals, and sustain it over long periods. Thales worked with partner companies

April 20, 2022

Business

Nigeria’s Economy To Grow By 3.4% In 2022 – IMF

The International Monetary Fund (IMF) has disclosed that Nigeria’s economy would grow by 3.4 per cent in 2022 in its latest world economic outlook projections. The IMF revealed a 3.1 per cent growth projection for the nation in 2023, down from 3.4

April 19, 2022

Business

World Bank Says 60% Of Low-Income Countries In Debt Distress

David Malpass, World Bank Group president, has explained that 60 per cent of low-income countries are in debt distress or at high risk of it. Malpass noted that low-income economies are countries with a gross national income (GNI) per capita of $1,045

April 19, 2022

Concerns For Nigeria's Oil Market As Over 60 Million Barrels Remain Unsold

Business

Oil Earnings Drop By N75.9bn Despite Monthly Price Hike

An emerging report has claimed that Nigeria’s earnings from crude oil has dropped by about N75.9bn this year despite the increase in global oil prices for the third consecutive month in March 2022. The report was contained in the latest data of

April 19, 2022

Business

Fuel Subsidy Puts Nigeria’s Economy At High Risk – World Bank

The World Bank has disclosed that increasing fuel subsidy puts the Nigerian economy at a high risk as subsidy payments could significantly impact public finance and pose debt sustainability concerns. The Washington-based lender made this known in a new biannual report known

April 18, 2022

Previous 1 … 716 717 718 719 720 … 754 Next

Dangote Cement Records 20% Increase in 2025 Revenue

Dangote Cement Plc reported a 20.3 percent rise in revenue

Aston Martin to Cut 20% of Workforce Over Rising Losses

British luxury carmaker Aston Martin has announced plans to reduce

CPPE Warns Nigeria’s $6bn Capital Inflow Surge May Be Fragile Despite Rebound

Nigeria recorded a sharp increase in foreign capital inflows in

Dangote Sugar, Jaiz Bank Shares Decline, Drag NGX Down By N101bn

Ellah Lakes’ N235 Billion Public Offer Falls Flat: Investors to Receive Refunds

Ellah Lakes Plc’s ambitious N235 billion public offer has ended

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Business - Page 718

Dollar Rate Crosses N1,400/$ In Black Market, Rises To N1,387/$ In Official Window

World Bank Reveals Factors Responsible For Food Inflation In Nigeria

External Reserves Return To Growth Path, Rise By $243.83m In 19 Days

Fire Guts Section Of CBN Office In Benue – Report

Travellers Via Nigerian Airports Increased By 43% To 13m In 2021 – Report

AfDB Okays €9.8m To Support Venture Capital Investments

Thales obtains type certification for Spy’Ranger 330 system

Nigeria’s Economy To Grow By 3.4% In 2022 – IMF

World Bank Says 60% Of Low-Income Countries In Debt Distress

Oil Earnings Drop By N75.9bn Despite Monthly Price Hike

Fuel Subsidy Puts Nigeria’s Economy At High Risk – World Bank

Featured Stories

Unsung Heroes: Meet 8 Frontline Activists Shaping Nigeria’s Future

Remembering Ambakina Moses Jitoboh

Iran’s Supreme Leader Ayatollah Khamenei is confirmed dead

Israeli PM Claims Khamenei Targeted in Strikes, Fate Remains Unclear

Whatsapp Channel

Latest News

Tinubu Dispatches Five-Member Team to Represent Nigeria at Jesse Jackson’s Funeral

Tinubu Swears in Disu as Substantive IGP, Backs Police Role in State Police Implementation

Tinubu Suspends Cashless Payment Policy at Nigerian Airports After Traffic Gridlock

President Tinubu Felicitates Former President Obasanjo on 89th Birthday

Dangote Cement Records 20% Increase in 2025 Revenue

Aston Martin to Cut 20% of Workforce Over Rising Losses

CPPE Warns Nigeria’s $6bn Capital Inflow Surge May Be Fragile Despite Rebound

Ellah Lakes’ N235 Billion Public Offer Falls Flat: Investors to Receive Refunds

Tinubu Dispatches Five-Member Team to Represent Nigeria at Jesse Jackson’s Funeral

Suggestions

Business - Page 718

Featured Stories

Follow Us

Whatsapp Channel

Latest News