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Finance & Economy - Page 268

Finance & Economy·News·Nigeria·Top Stories

What Nigeria’s 15.10% Inflation Rate Drop Means

Nigeria’s headline inflation rate fell to 15.10% in January 2026, the latest figures from the National Bureau of Statistics (NBS) show, extending a run of gradual declines that has lasted for almost a year. The figure is slightly lower than the 15.15%

February 16, 2026

Oil & Gas

NMDPRA Confirms Supply Of Petrol With Methanol Above Specification

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has confirmed petrol, with methanol quantities above Nigeria’s specification. NMDPRA disclosed this in a statement issued on Tuesday confirming concerns by Nigerians and other stakeholders over the importation of crude above Nigeria’s grade to the

February 8, 2022

Trump Criticises Ramaphosa’s Land Policy, Threatens To Cut Off Funding To South Africa

Africa·Finance & Economy·News

South Africa Hikes Minimum Wage By 6.9%, Above 2022 Inflation Forecast

Prime Business Africa can confirm that South Africa has just increased minimum hourly wage by as much as 6.95% to 23.19 rand ($1.50). The new minimum wage takes effect on March 1, 2022. South Africa’s Labour Minister, Thulas Nxesi, made the announcement

February 8, 2022

Entertainment·Entrepreneurship

Screenwriters Residency 2022: Realness Institute calls For Applications From Nigerian Filmmakers, Writers

Six African filmmakers will have a once-in-a-lifetime opportunity to develop their fiction film story ideas and work-in-progress scripts in a three-month residency that includes attending film industry programmes in three countries in the 2022 edition of the Realness African Screenwriters’ Residency.

February 8, 2022

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

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‘CBN’s Interest Rate Remains High, Choking Businesses’

Soludo’s New Market Design: Why Onitsha Traders Must Tread Carefully

The main fears and warnings of critics of the actions

Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

U.S. President Donald Trump has threatened to impose 100 per

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies

Behind the Geregu Power Sale: Politics and a $750m Deal

The sale of Geregu Power, one of Nigeria’s largest electricity

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Finance & Economy - Page 268

What Nigeria’s 15.10% Inflation Rate Drop Means

NMDPRA Confirms Supply Of Petrol With Methanol Above Specification

South Africa Hikes Minimum Wage By 6.9%, Above 2022 Inflation Forecast

Screenwriters Residency 2022: Realness Institute calls For Applications From Nigerian Filmmakers, Writers

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

Featured Stories

Customs Service Explains Exchange Rate Process for Import, Export Valuation

Soludo’s New Market Design: Why Onitsha Traders Must Tread Carefully

El-Rufai’s Calculated Victimhood

South Africa Killing: 22yrs Nigerian Student Murdered on Dashcam

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Customs Service Explains Exchange Rate Process for Import, Export Valuation

Tinubu Pledges Sustained Reforms, Hails Fintiri’s Projects During Adamawa Visit

Dangote Signs $400m Equipment Deal to Fast-Track Refinery Expansion

Soludo’s New Market Design: Why Onitsha Traders Must Tread Carefully

Soludo’s New Market Design: Why Onitsha Traders Must Tread Carefully

Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Behind the Geregu Power Sale: Politics and a $750m Deal

Customs Service Explains Exchange Rate Process for Import, Export Valuation

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Finance & Economy - Page 268

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