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Finance & Economy - Page 263

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

Prime Business Africa Editor-in-chief, Dr Marcel Mbamalu with members of the campus editorial board of the Journalism Mentorship Project (JMP)

Entrepreneurship·News

UNN Benefits As Prime Business Africa Begins Journalism Mentorship Project

In line with its vision of building sustainable practice in Africa, leading multi-media newspaper, Prime Business Africa has launched its Journalism Mentorship Project (JMP) and appointed first-ever Student Editor on the continent

February 7, 2022

News·Oil & Gas

Three Survivors, One Dead Body Found In SEPCOL Oil Vessel Explosion

Prime Business Africa reports that three crew members from the oil vessel that exploded in Delta State on Wednesday have been found alive. The vessel belonged to the Shebah Exploration & Production Company Ltd (SEPCOL) in Receivership. The SEPCOL Management confirmed the

February 6, 2022

Finance & Economy

InfraCredit Guarantees Pan African Towers’ N10b Infrastructure Bonds

InfraCredit, an infrastructure credit guarantee institution, has announced its guarantee of Pan African Towers (PAT) Limited's Digital Infra Fund N10 billion bond issuance.

February 6, 2022

Finance & Economy

Don’t Compare Nigeria’s Budget Deficit Ratio With Advanced Countries’, Utomi Warns

Defending the sustainability of Nigeria's 2022 budget outlook by comparing the deficit ratio with that of economically advanced countries amounts to turning economic principles upside down, says the founder of Centre for Values in Leadership (CVL) Prof. Pat Utomi.

February 5, 2022

Agro-Economy·News

US, Nigeria Stakeholders Join Forces On Food Security

United States Soybean Export Council (USSEC) in collaboration with the Nigerian Government throug its stakeholders in the agronomy and poultry industrial sector, hosted a nutrition and food security forum in Atlanta, Georgia.

February 4, 2022

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

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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 263

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

UNN Benefits As Prime Business Africa Begins Journalism Mentorship Project

Three Survivors, One Dead Body Found In SEPCOL Oil Vessel Explosion

InfraCredit Guarantees Pan African Towers’ N10b Infrastructure Bonds

Don’t Compare Nigeria’s Budget Deficit Ratio With Advanced Countries’, Utomi Warns

US, Nigeria Stakeholders Join Forces On Food Security

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

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Finance & Economy - Page 263

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