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Finance & Economy - Page 258

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

President Tinubu has nominated new chief executives for Nigeria’s petroleum regulatory agencies following the resignation of the heads of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), developments that come amid intense controversy

December 18, 2025

Oil & Gas

Oil Firm, Moni Pulo Celebrates Employees In Corporate Praise, Worship

In appreciation of the faithfulness of God to its work, the management and staff of Nigerian indigenous oil firm Moni Pulo Limited recently organized a praise and worship ceremony for the organization and her sister companies. Executive Chairman of the company, Dr

March 7, 2022

Finance & Economy·Opinion

Overcoming Basic Economic Challenges

The Central Bank of Nigeria (CBN) is working hard to enable the country overcome some basic economic challenges and reset the economy on a right footing.

March 6, 2022

Business·Finance & Economy

UBA Hits N153 billion Profit On 11% Balance Sheet Growth

United Bank for Africa (UBA) Plc, has announced its audited results for the full year ended December 31, 2021, reporting impressive performance in key financial metrics. The 2021 financial result filed by the bank at the Nigerian Stock Exchange (NSE) on March

March 6, 2022

Business·Finance & Economy·News

Beer Sector Contribution To Global GDP Hits $555b – Report

Despite the COVID-19 pandemic which disrupted socio-economic activities worldwide between 2019 and 2020, a new report on beer sector economic impact reveals that the gross value added to global GDP in 2019 amounted to $555 billion and supported an estimated 23 million

March 4, 2022

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

Finance & Economy·Top Stories

Lawmakers Pass Financial Autonomy Bill For Local Councils

The Senate and House of Representatives have passed a bill granting full financial and administrative autonomy to local governments. In the bill, each local government council is mandated to create and maintain its own special account to be tagged Local Government Allocation

March 2, 2022

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

Oil & Gas·Top Stories

Oil Hits $105 Ahead Of OPEC+ Meeting

Global oil price surpassed $105 a barrel ahead of the meeting of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, known as OPEC+. On Tuesday, Brent Crude futures settled up 7.35 percent to $105.66 a barrel, at

March 2, 2022

Business·Entrepreneurship·News

Wema Bank Deepens Commitment to SMEs Growth

As emphasis on developing and strengthening Small and Medium Enterprises (SMEs) in Nigeria for boosting the economy continues, Wema Bank Plc, has reaffirmed its commitment to empowering players in the sector with skills and knowledge on current business trends.

March 1, 2022

FEATURES·Finance & Economy·Top Stories

TOKI MABOGUNJE: Nigeria Needs Broader Ecosystem For Startups

Former President, Lagos Chamber of Commerce and Industry and a seasoned business development consultant, Toki Mabogunje in this exclusive interview with Prime Business Africa's VICTOR EZEJA and DAVID OBIESESAN, says Nigeria needs a broader ecosystem for startups to boost the economy. She

February 28, 2022

Finance & Economy

Blame Nigerians For Forex Scarcity – Tunde Lemo

Tunde Lemo, a former deputy governor of Central Bank of Nigeria (CBN) and chairman of Flutterwave, a payment technology company, has disclosed that every Nigerian should be blamed for forex scarcity because they prefer imported items to locally made products. Lemo who

February 27, 2022

Oil & Gas

NCDMB Begins Tour Of Facilities With N’Delta Stakeholders

The Nigerian Content Development and Monitoring Board (NCDMB) has kicked off a tour of its facilities in the Niger Delta region with stakeholders, to showcase and sensitize them of its projects and programs in the area. The tour which began in Cross

February 27, 2022

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

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Finance & Economy - Page 258

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

Oil Firm, Moni Pulo Celebrates Employees In Corporate Praise, Worship

Overcoming Basic Economic Challenges

UBA Hits N153 billion Profit On 11% Balance Sheet Growth

Beer Sector Contribution To Global GDP Hits $555b – Report

Lawmakers Pass Financial Autonomy Bill For Local Councils

Oil Hits $105 Ahead Of OPEC+ Meeting

Wema Bank Deepens Commitment to SMEs Growth

TOKI MABOGUNJE: Nigeria Needs Broader Ecosystem For Startups

Blame Nigerians For Forex Scarcity – Tunde Lemo

NCDMB Begins Tour Of Facilities With N’Delta Stakeholders

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

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Enugu’s BRT Blitz: Modern Roads, Shattered Lives

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

Dollar Trades Flat In Black Market, Appreciates In Official Window

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

Heirs Energies Agrees $750m Afreximbank Financing to Drive Long-Term Growth

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Finance & Economy - Page 258

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