Will Wednesday’s Fed Rate Cut Be Last One Until Summer 2026?
The latest employment report showed just 22,000 new jobs in August and unemployment at 4.3%, the highest since 2021.
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NNPC Retail’s N18.4 Billion Q1 Profit Post OVH Energy Deal- Mele Kyari Reveals
Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), delivered a compelling testimony today before the House of Representatives Ad-Hoc Committee on the OVH Energy acquisition, shedding new light on the company’s remarkable success story post-merger.
NCDMB, PTI To Join Forces On Capacity Devt In Nigerian Oil & Gas Industry
The Nigerian Content Development and Monitoring Board (NCDMB) and Petroleum Training Institute (PTI), Effurun, Delta State, have resolved to collaborate to actualise their shared mandate for human capacity development and advancement of Nigeria’s oil and gas industry. During an exploratory session at
Investment Ideas For Undergraduates In Nigeria
Are you an undergraduate student in Nigeria looking to explore investment opportunities while pursuing your education? Prime Business Africa has collated 10 investment ideas to guide you on your path to achieving your dreams and building a brighter future in Nigeria. These
Economy: World Bank Urges Nigeria To Revamp Macroeconomic Management For Growth
In a fresh perspective on Nigeria’s economic landscape, the World Bank has raised concerns over the country’s macroeconomic management, emphasizing the urgent need for structural reforms. The institution stressed the importance of these reforms to improve revenue mobilization and financial management, ultimately
Amended NCDMB, BOI MoU On $50m NOGaPS Fund Increases Access To Financing For Local Industry Players
The Nigerian Content Development and Monitoring Board (NCDMB) and the Bank of Industry (BoI) have signed an amendment to the Memorandum of Understanding (MoU) on the $50 million NOGaPS Manufacturing Fund. The Fund was created by the NCDMB and domiciled with BoI
Yellow Card, MoonPay Partner to Revolutionize Crypto Accessibility in Nigeria
In a groundbreaking move that could reshape Nigeria’s cryptocurrency landscape, Yellow Card, a pioneering African fintech firm, and MoonPay, a global cryptocurrency ecosystem leader, have joined forces. This strategic alliance aims to transform the crypto-purchasing experience for Nigerians by harnessing the power
CBN Restricts Banks From Using Forex Gains For Dividends
In a move that aims to safeguard the stability of Nigeria’s financial sector, the Central Bank of Nigeria (CBN) has issued a directive to Deposit Money Banks (DMBs), compelling them to refrain from utilizing gains accrued from foreign exchange revaluation for dividends
President Tinubu’s Economic Diplomacy Triumphs at G-20 Summit
In the midst of the bustling sidelines of the G-20 Summit, President Bola Ahmed Tinubu emerged as a proactive advocate for Nigeria’s economic growth, engaging in high-stakes discussions with leaders from Germany, South Korea, and India. President Tinubu’s meeting with the Chief
NES 29 Summit Aims To Transform Nigeria’s Economy, Lift Citizens Out Of Poverty
In a bid to chart a new course for Nigeria’s economic future, the Nigerian Economic Summit Group (NESG) has announced its readiness to host the 29th summit, NES 29. The summit which has the theme ‘Pathways for Sustainable Economic Transformation and Inclusion,’
Nigeria’s Finance Minister Promises a Level Playing Field for Global Investors
Speaking to a gathering of Indian investors at the G20 summit in India, Nigeria’s Finance Minister, Wale Edun, affirmed the government’s commitment to removing obstacles that hinder exchange rate and inflation stability for a level playing field for Global investors. In a
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