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Finance & Economy - Page 259

Arab Bank, DCO Agree on Framework for Cooperation on Inclusive, Sustainable Digital Economies

The Digital Cooperation Organization (DCO), the world’s first standalone international intergovernmental organization dedicated to accelerating inclusive and sustainable digital economies, and the Arab Bank for Economic Development in Africa (BADEA) Friday signed a Memorandum of Understanding (MoU) as part of an ongoing

November 1, 2025

Finance & Economy

FIRS Resumes Taxation On Bonds, Short-term Govt Securities

THE Federal Inland Revenue Service (FIRS) has commenced collection of income tax on bonds, short-term government securities.

February 2, 2022

CBN Asked To Disburse N250 billion To Cushion Subsidy Removal

Finance & Economy

CBN Spends N23.202b On First Cycle Of 100 For 100 Policy Scheme

The Central Bank of Nigeria (CBN) has spent N23.202 billion in funding 28 private companies that benefited from the bank's "100 for 100 policy on production and productivity (PPP) scheme.

February 2, 2022

Oil & Gas

Oil Revenue Drops As Nigeria Misses January OPEC Quota

Nigeria’s crude oil output target for January 2022 has dropped to 1.46 million barrels per day against a target of 1.683 million bpd as approved by the Organisation of Petroleum Exporting Countries. Officials of the Federal Ministry of Petroleum Resources and the

February 2, 2022

MTN Service Down Time Caused By Damaged Undersea Cables

Finance & Economy

MTN Nigeria Shares Over-subscribed By 139.47% In Series 1 Sale Offer

MTN Nigeria series 1 offer for sale of 575 million shares to Nigerian investors has been successfully completed recording 139.47 per cent over-subscription, thereby activating the allocation of an additional 86.25 million shares.

February 1, 2022

Nigerian Banks Rely More On Liquidity, As Borrowing From CBN Rises To N19.8trn

Business·Finance & Economy

Imports: Banks Rally Elite Customers For New Product Price Verification Mechanism

Banks are now sending out notices to potential import and export business customers for the first phase of the Central Bank of Nigeria (CBN) workshop on the new Product Price Verification Mechanism in Abuja. The workshop will hold on Thursday February 3,

February 1, 2022

Nigeria's September Oil Production Hits 1.5 Million Barrels, Bolsters OPEC Output

Oil & Gas

Nigeria’s Crude Oil Production Jumps By 50,000 BPD In A Month

Nigeria’s crude oil production increased by 50,000BPD in a month, from 1.41 million barrels a day average in December 2021 to 1.46 million barrels a day in January 2022, from a monthly output target of 1,683,000 BPD. Prime Business Africa obtained this

February 1, 2022

Oil & Gas

Nnimmo Bassey Hails US Court Ruling Against Sale Of Gulf Of Mexico Oil Lease

Nigerian environmental activist, Nnimmo Bassey has commended a United States Court ruling which blocked a highly controversial sale of oil and gas drilling leases across 80m acres of the Gulf of Mexico, by Joe Biden's administration.

January 31, 2022

Agro-Economy

IFAD Set To Increase Investments In Green Bond, ESG Securities

In a significant move to strengthen its commitment to ethical investments, the Executive Board of the International Fund for Agricultural Development (IFAD) has agreed on a policy to further shift the agency's treasury investments to green bonds and other Environmental, Social and Governance

January 29, 2022

Entrepreneurship·Insights

Choosing The Right Vendor For Your Business

Your ability to choose wisely and correctly the right fit of vendors for your business determines the sustainability of that business.

January 29, 2022

Finance & Economy·World News

US Stocks Rebound In Wild Week Trading

Wall Street stocks experienced sharp rally as global markets ended what analysts considered an intense wild week. The benchmark for the US S&P 500 index rose 2.4 per cent just as a late-day advance got some momentum considered strong enough to put

January 29, 2022

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Finance & Economy - Page 259

Arab Bank, DCO Agree on Framework for Cooperation on Inclusive, Sustainable Digital Economies

FIRS Resumes Taxation On Bonds, Short-term Govt Securities

CBN Spends N23.202b On First Cycle Of 100 For 100 Policy Scheme

Oil Revenue Drops As Nigeria Misses January OPEC Quota

MTN Nigeria Shares Over-subscribed By 139.47% In Series 1 Sale Offer

Imports: Banks Rally Elite Customers For New Product Price Verification Mechanism

Nigeria’s Crude Oil Production Jumps By 50,000 BPD In A Month

Nnimmo Bassey Hails US Court Ruling Against Sale Of Gulf Of Mexico Oil Lease

IFAD Set To Increase Investments In Green Bond, ESG Securities

Choosing The Right Vendor For Your Business

US Stocks Rebound In Wild Week Trading

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Arab Bank, DCO Agree on Framework for Cooperation on Inclusive, Sustainable Digital Economies

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Finance & Economy - Page 259

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