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Business - Page 9

UBA Partners Renewvia to Power 25 Branches with Solar Energy Across Nigeria

The United Bank for Africa (UBA) Plc has partnered with Renewvia Solar Nigeria to deploy renewable energy solutions across 25 of its branches in five states, in a move aimed at enhancing operational efficiency and promoting environmental sustainability. The partnership was formally

October 24, 2025

Business·News

Recapitalisation: UBA Extends Deadline For Rights Issue

The United Bank for Africa (UBA) has extended the closing date for its rights issue by two weeks. The rights issue, which was originally scheduled to close on 5 September 2025, has been shifted to 19 September 2025. This was contained in a notice to

September 11, 2025

Business

Fuel Subsidy Savings Can’t Meet Nigeria’s Development Needs – Oyedele

Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has stated that the savings from the removal of subsidies on fuel since 2023 are insufficient to meet Nigeria’s economic needs. He stressed the need for Nigeria to embrace

September 11, 2025

Business·Markets

Naira Rises To N1,500/$ At Official Market

The Nigerian naira has appreciated against the U.S. Dollar for the third consecutive time within the week at the official foreign exchange market. According to the Central Bank of Nigeria (CBN) data, the naira rose to N1,500.91 at the Nigerian Foreign Exchange

September 11, 2025

Business·Markets·Technology

Bitcoin Steady Above USD 114,000 as Markets Await CPI Release

The PPI fell 0.1% in August, its first drop in four months, reinforcing expectations of easing inflationary pressures.

September 11, 2025

Business·Markets

‘Global Markets Surge, But Caution Is Critical As Valuations Stretch’

In the US, the S&P 500 has pushed to fresh highs alongside technology bellwethers, while Japan's Nikkei 225 and South Korea's Kospi have logged unprecedented gains

September 11, 2025

Business·Finance & Economy·News

Sharia-Compliant Finance Assets Poised to Surpass $7.5 Trillion – HF Quarters

The global Islamic finance market is experiencing unprecedented momentum, says Mindaugas Suklevicius, founder and Fund Manager at HF Quarters. Suklevicious, in an exchange with Prime Business Africa on Wednesday, said the industry, valued at about $5.5 trillion in 2024, was projected to

September 11, 2025

Business·News

AI Backlash Hits McKinsey, PwC, Deloitte as Clients Push Back

Top consulting firms that once promised to lead the corporate rush into artificial intelligence are now facing growing backlash from their clients. McKinsey, PwC and Deloitte, among others, are under pressure after billion-dollar AI projects delivered underwhelming results, prompting some enterprises to

September 11, 2025

Business·Markets

Gold Remains Too Hot To Chase, Too Hot to Short!

Gold performance is largely due to the US dollar's 10% year-to-date decline in purchasing power and growing policy uncertainty.

September 11, 2025

Africa·Business·News

How Dollar, Euro Hit The Naira – Obasanjo Canvasses Single African Currency

Former Nigerian President Olusegun Obasanjo has reiterated his call for a single African currency, citing the detrimental effects of the continent’s dependence on the US dollar. Speaking at the Intra-African Trade Fair (IATF 2025) in Algiers, Algeria, Obasanjo expressed deep concern over

September 10, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th September 2025

What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian naira (NGN) in the parallel market, also known as the black market, as of 16th September 2025, is

September 10, 2025

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Business - Page 9

UBA Partners Renewvia to Power 25 Branches with Solar Energy Across Nigeria

Recapitalisation: UBA Extends Deadline For Rights Issue

Fuel Subsidy Savings Can’t Meet Nigeria’s Development Needs – Oyedele

Naira Rises To N1,500/$ At Official Market

Bitcoin Steady Above USD 114,000 as Markets Await CPI Release

‘Global Markets Surge, But Caution Is Critical As Valuations Stretch’

Sharia-Compliant Finance Assets Poised to Surpass $7.5 Trillion – HF Quarters

AI Backlash Hits McKinsey, PwC, Deloitte as Clients Push Back

Gold Remains Too Hot To Chase, Too Hot to Short!

How Dollar, Euro Hit The Naira – Obasanjo Canvasses Single African Currency

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th September 2025

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