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News - Page 567

Dangote Explains Why Cement Costs More in Nigeria Than Abroad

Nigerian billionaire industrialist Aliko Dangote has attributed the higher cost of cement sold locally to Nigeria’s heavy tax regime and regulatory burden, saying fiscal policies make domestically sold cement more expensive than exports, Prime Business Africa reports. Dangote made the remarks amid

December 22, 2025

Consumer's Inflation In South Africa Hits 5.6%

Africa·Business·News·World News

Consumer Inflation In South Africa Hits 5.6%

South Africa has witnessed a surge in consumer inflation for the second consecutive month in February, edging closer to the upper target set by the Central Bank. This upswing in inflation rates could potentially prolong the wait for rate cuts, as economists

March 20, 2024

News·Power

Otti Pushes For Stable Electricity In Abia, Moves To Revive Alaoji Power Plant

Abia State Governor Dr Alex Otti has initiated moves to revive Alaoji Power Plant to ensure stable electricity supply in other parts of the state.

March 20, 2024

News·Technology·World News

Former Trump Treasury Secretary Set Bid To Acquire TikTok App

In a bid to maintain American control over the popular video-sharing app TikTok, former United States Treasury Secretary Steve Mnuchin has pledged to assemble a consortium of investors to purchase the platform. Mnuchin, speaking on CNBC’s Squawk Box, emphasized the necessity of

March 20, 2024

Business·Currency·News

Naira Depreciation Deals Heavy Blow As Dangote, Nestle Nigeria, MTNN, Others Lose N1.7trn

Major players in Nigeria’s corporate landscape, including Dangote Group, Nestle Nigeria, and MTN Nigeria, among others, faced a loss of N1.7 trillion due to naira depreciation in 2023. This loss was revealed in an analysis of financial statements published by the Nigerian

March 20, 2024

Obaseki Pledges $35,000 To Fund Edo State Film Festival

Business·News

Governor Obaseki Urges Fiscal Policies To Combat Forex Crisis

In a bid to address the ongoing forex crisis gripping Nigeria, Governor Godwin Obaseki of Edo State has emphasized the need for strategic fiscal policies aimed at stimulating local manufacturing and bolstering exports of Nigerian-made products. Speaking during a visit by the

March 20, 2024

News·Sports

13th African Games Update: Team Nigeria’s Enekwechi, Olajide, Itsekiri Win Medals

Nigeria's Chukwuebuka Enekwechi on Tuesday night led the cast of Nigerian athletes that won a few more medals as the country continues its fine run at the 13th African Games holding in Ghana, Prime Business Africa reports

March 19, 2024

News

OUJDA To Host Premier Business Analytics Gathering

Organized by the esteemed World Research Society, International Conference on Business Analytics and Operations Research is scheduled for March 21, 2024, at Oujda, Morocco.

March 19, 2024

News

Nigeria Needs Leaders With Strong Political Will To Prosper – Ezekwesili

Chinedu Ezekwesili, the husband of Nigeria’s former Minister of Education, Dr Oby Ezekwesili, said the country needs leaders with strong political will to do the needful and make it work effectively.

March 19, 2024

Kits Manufacturers, Nike Design New Jerseys For Super Eagles

News·Sports

Kits Manufacturer, Nike, Designs New Jerseys For Super Eagles

Kits manufactures Nike have designed new sets of national team jerseys for the Super Eagles to be launched in the international friendlies against Ghana and Mali on Friday and next week Tuesday, reports Prime Business Africa

March 19, 2024

News·Sports

16 Super Eagles Stars Arrive Marrakech Camp Ahead Ghana, Mali Friendlies

The Adam Park Hotel abode of the Super Eagles in the Moroccan city of Marrakech has witnessed a beehive of activities as 16 players reported to camp as at Tuesday afternoon ahead of the international friendlies against Ghana and Mali, Prime Business

March 19, 2024

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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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News - Page 567

Dangote Explains Why Cement Costs More in Nigeria Than Abroad

Consumer Inflation In South Africa Hits 5.6%

Otti Pushes For Stable Electricity In Abia, Moves To Revive Alaoji Power Plant

Former Trump Treasury Secretary Set Bid To Acquire TikTok App

Naira Depreciation Deals Heavy Blow As Dangote, Nestle Nigeria, MTNN, Others Lose N1.7trn

Governor Obaseki Urges Fiscal Policies To Combat Forex Crisis

13th African Games Update: Team Nigeria’s Enekwechi, Olajide, Itsekiri Win Medals

OUJDA To Host Premier Business Analytics Gathering

Nigeria Needs Leaders With Strong Political Will To Prosper – Ezekwesili

Kits Manufacturer, Nike, Designs New Jerseys For Super Eagles

16 Super Eagles Stars Arrive Marrakech Camp Ahead Ghana, Mali Friendlies

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Dollar Trades Flat In Black Market, Appreciates In Official Window

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

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