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Finance & Economy - Page 260

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

Oil & Gas

Petrol Landing Cost Rises To N282/litre, Oil Hits $90 – Reports

Emerging reports have claimed that the landing cost of Premium Motor Spirit (petrol) imported into Nigeria to over N282 per litre. Prime Business Africa gathered that the further rise in the landing cost of petrol means increased subsidy as the pump price

January 27, 2022

Finance & Economy·Opinion

Top Secrets For Balanced Investment Portfolio (Part 2)

This is the concluding part of the series on having a balanced investment portfolio, you can read part 1 here.

January 26, 2022

Aliko Dangote Spent $18.5 billion To Build Refinery, Owes $2.7 billion Debt

Personal Finance

Dangote Remains Africa’ Richest Man In 11th Year Row

President of Dangote Group, Alhaji Aliko Dangote has according to the Forbes 2022 list of Africa's Billionaires, retained his position as the continent's richest man for the 11th year in a row

January 25, 2022

Oil & Gas

BREAKING: Nigerian Workers Suspend Protest Over Planned Subsidy Removal

The leadership of the Nigeria Labour Congress has suspended its planned nationwide protest earlier scheduled for 27th January 2022. It also suspended the follow-up protest which would have taken place on February 2nd, 2022 in the nation’s capital, Abuja. President of the

January 25, 2022

Oil & Gas

BREAKING: Fuel Subsidy Will Last For 18 More Months – FG

The federal government has said the subsidy of fuel will last for 18 more months, pending when an amendment in the Petroleum Industry Act will be forwarded to the National Assembly. Minister of State for Petroleum Resources, Timipre Sylva, disclosed this on

January 25, 2022

Oil & Gas·Politics

Senate Begs Nigerian Workers To Shelve Fuel Subsidy Protests

Senate President Ahmad Lawan has begged the Nigeria Labour Congress (NLC), and the Trade Union Congress (TUC) to terminate planned protests against Federal Government’s plan to end the controversial fuel subsidy regime. Lawan described the planned nationwide protest as “totally unnecessary,” saying

January 25, 2022

Oil & Gas

Dangote Oil Refinery To Start Processing 540,000bpd In Q3

Dangote Industries Limited has disclosed that its oil refinery will start processing crude in the third quarter of this year. Speaking on the plan, President, Dangote Industries, Aliko Dangote, said the plant would start with a processing capacity of 540,000 barrels per

January 24, 2022

Oil & Gas

Oil Prices Plunge As US Inventory Build Prompts Profit-Taking

Oil prices have dropped after rising to seven-year highs as an increase in US crude and fuel stockpiles prompted investors to take profits from the rally. Prime Business Africa gathered that Brent crude futures over the weekend dropped $2.46, or 2.8%, to

January 24, 2022

Fresh Petrol Price Hike Stokes Fears Of Further Inflation Spike In Nigeria

News·Oil & Gas

Divert Fuel Subsidy Fund To Health, Education, Ibru Tells FG

Former President of the Nigerian Stock Exchange (NSE), Mr Goodie Ibru has joined voices with those calling for an end of fuel subsidy regime in Nigeria.

January 20, 2022

More Woes For Nigerians As Cooking Gas Price Rises By 70%

Oil & Gas

Cooking Gas Demand Rises Over NLNG’s 100% Domestic Supply

A follow-up report convened by Prime Business Africa on the recent decision of the Nigeria Liquefied Natural Gas company to channel all its LPG into the domestic market showed that there is a surge in the demand for Liquefied Petroleum Gas, popularly

January 20, 2022

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Finance & Economy - Page 260

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

Petrol Landing Cost Rises To N282/litre, Oil Hits $90 – Reports

Top Secrets For Balanced Investment Portfolio (Part 2)

Dangote Remains Africa’ Richest Man In 11th Year Row

BREAKING: Nigerian Workers Suspend Protest Over Planned Subsidy Removal

BREAKING: Fuel Subsidy Will Last For 18 More Months – FG

Senate Begs Nigerian Workers To Shelve Fuel Subsidy Protests

Dangote Oil Refinery To Start Processing 540,000bpd In Q3

Oil Prices Plunge As US Inventory Build Prompts Profit-Taking

Divert Fuel Subsidy Fund To Health, Education, Ibru Tells FG

Cooking Gas Demand Rises Over NLNG’s 100% Domestic Supply

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