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News - Page 614

Kenya Moves to Revoke Licences of 22 TV Stations

October 11, 2026

Kenya’s communications regulator has issued a seven-day notice to revoke the licences of 22 television stations, including several faith-based broadcasters, according to a Gazette notice published on October 9. The Communications

US Seeks Expanded Trade Ties With Nigeria

Insights·News·Nigeria

US Warns Investors of Detention Risks in Nigeria

October 11, 2026

The United States has warned American companies that executives travelling to Nigeria could face detention amid regulatory investigations, tax disputes or commercial disagreements with government authorities, highlighting concerns about the country’s business

Finance & Economy·News

Proposed VAT, Petrol Price Hike Will Deepen Cost-of-living Crisis – Atiku

Former vice president, Atiku Abubakar, has criticised the proposed increase of the value-added tax (VAT) by the Tinubu-led administration from 7.5 per cent to 10 per cent. Prime Business Africa reports that the Presidential Committee on Fiscal Policy and Tax Reforms recommended

September 9, 2024

Top 20 Nigerian Newspaper Headlines Today, 19th November 2024

News·Top Stories

FBN Holdings Plc Sells 100% Stake In FBNQuest Merchant Bank To EverQuest LLP

FBN Holdings Plc has officially announced the sale of its entire equity stake in its subsidiary, FBNQuest Merchant Bank Limited, to EverQuest Acquisition LLP. The agreement aligns with FBN Holdings’ strategy to optimise its portfolio. This sale is subject to approvals from

September 8, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business News·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 8th September 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki FX? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market also known as black market, especially the Aboki fx as

September 8, 2024

Business News·FEATURES·News

Top 15 African Countries With The Highest External Reserves

External reserves are critical to the financial health and stability of any country. These reserves, typically held in foreign currencies, enable countries to manage their monetary policies, stabilize their currencies, and support international trade. In Africa, various nations have amassed significant external

September 8, 2024

Business News·News

Opay To Charge N50 Levy On Transfers Of N10,000, Above From September 9

Opay, a leading fintech company in Nigeria, will begin charging customers a N50 levy on electronic transfers of N10,000 or more from September 9, 2024. This move complies with the Federal Inland Revenue Service (FIRS) regulations. The company shared this update with

September 8, 2024

News

3 Men Abducted In Anambra Community Regain Freedom After 4 Weeks In Captivity

Three men abducted in Nkpologwu community, Aguata Local Government Area of Anambra State, have regained freedom after spending almost four weeks in captivity. Prime Business Africa gathered that they were released on Friday night. They were reportedly abducted at different locations in

September 7, 2024

Naira Opens Week With Gain Across FX Markets

Business News·Currency·News

CBN Sells $20,000 To BDCs At N1,580 As Naira Depreciation Persists

In its bid to increase liquidity in the foreign exchange market, the Central Bank of Nigeria (CBN) has offered to sell $20,000 to each eligible Bureau De Change (BDC) operator at a rate of N1,580 per dollar. The apex bank made this

September 7, 2024

NCDMB Debunks Report On Alleged N7.7bn Expenditure On Consultancy

News·Oil & Gas

NCDMB Hails Nigerian Content Achievements In NLNG’s Train 7 Project

Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has applauded the significant achievement recorded with the adoption of the Nigerian Content policy in the Nigeria LNG Limited (NLNG) Train 7 Project. Engr Ogbe gave the

September 7, 2024

News

FOSAD Condemns Anti-Igbo Narratives In Prof Ahmed Bako’s Inaugural Lecture At Usman Danfodio University

The Forum of Southeast Academic Doctors (FOSAD) has decried the content of the 50th Inaugural Lecture delivered by Professor Ahmed Bako at the Usmanu Danfodio University, Sokoto (UDUS) recently, saying it misrepresented facts about the Igbo ethnic group. According to FOSAD, Professor

September 7, 2024

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Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

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South Africa will raise petrol prices by more than 11%

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

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News - Page 614

Kenya Moves to Revoke Licences of 22 TV Stations

US Warns Investors of Detention Risks in Nigeria

Proposed VAT, Petrol Price Hike Will Deepen Cost-of-living Crisis – Atiku

Top 10 Stories From Nigerian Newspapers Today, 8th September 2024

FBN Holdings Plc Sells 100% Stake In FBNQuest Merchant Bank To EverQuest LLP

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 8th September 2024

Top 15 African Countries With The Highest External Reserves

Opay To Charge N50 Levy On Transfers Of N10,000, Above From September 9

3 Men Abducted In Anambra Community Regain Freedom After 4 Weeks In Captivity

CBN Sells $20,000 To BDCs At N1,580 As Naira Depreciation Persists

NCDMB Hails Nigerian Content Achievements In NLNG’s Train 7 Project

FOSAD Condemns Anti-Igbo Narratives In Prof Ahmed Bako’s Inaugural Lecture At Usman Danfodio University

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Kenya Moves to Revoke Licences of 22 TV Stations

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