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World’s largest soil carbon project in Kenya receives award during COP27

November 17, 2022

ISIOLO, Kenya, 17 November 2022,-/African Media Agency (AMA)/- The Northern Kenya Rangelands Carbon Project (NKRCP) is the world’s largest soil carbon removal project and proof of concept for rangelands restoration and community run development through the carbon market. It is the first ever project

Naira Opens Week With Gain Across FX Markets

Business·Currency

Dollar Rate Falls In Black Market, As Naira Prepares For Highest Devaluation

November 17, 2022

The exchange rate between the naira and the dollar fell in the black market on Wednesday, as the Nigerian currency appreciates by 1.25 per cent. This represents a N10 loss in the Dollar naira rate at the parallel market, with the Bureau

Obi, Atiku, Tinubu's Economic Plans To Create Highest Naira Devaluation

Business·Insights

Obi, Atiku, Tinubu’s Economic Plans Still Prone To Naira Devaluation

November 17, 2022

Next year, Nigeria’s currency, the Naira, will record its highest devaluation in recent years, ushering the country into a single foreign exchange market after years of operating a multiple exchange rate regime. Prime Business Africa drew this conclusion from the political tone

News·Politics

Ambassador Obaze Raises The Alarm Over Fake, Underage Voters In INEC’s Record

November 17, 2022

Former Nigerian diplomat, Ambassador Oseloka Obaze, has raised the alarm over alleged irregularities on the voter register in the custody of the Independent National Electoral Commission (INEC). Ambassador Obaze in a tweet on Thursday, November 17, 2022, said there are “evidence-backed reports”

AMA News·Business

African Tech Leaders, Investors To Connect At London Stock Exchange For The 6th Africa Tech Summit

November 17, 2022

African tech leaders, corporates and investors will connect at the London Stock Exchange for the sixth Africa Tech Summit London, taking place on November 24th. The annual Summit will share insights from leading industry players including; London Stock Exchange, DLA Piper, Alerzo,

AMA News·Business

Families Set To Spend 156% Of monthly Income On Christmas – WorldRemit Data

November 17, 2022

Families around the world can expect this year’s Christmas spend to hit up to 156% of their monthly income, according to the latest results from the WorldRemit Cost of Christmas study. Across 23 countries observed, the average spend across food, gifts and

Lifestyle·News

Nigerian Gov’t Supports Onitsha Ofala Festival With Cultural Excellence Award

November 17, 2022

Onitsha Ofala Festival has received an award of excellence in culture from the Nigerian government for its contributions to the development and preservation of nation’s cultural heritage. The announcement came through a statement made available to Prime Business Africa, on Wednesday by

FG Struggling To Borrow, As Foreign Investors Prefer US, Germany, Others

Business

Nigerian Govt Struggles To Borrow, As Foreign Investors Prefer US, Germany, Others

November 17, 2022

Nigeria is losing investors to G-7 securities – United States, Germany, France, Japan – as creditors avoid underdeveloped and developing countries to protect their investment. According to Director-General of the Debt Management Office (DMO), Patience Oniha, Nigeria is unable to attract investors to

Business

UK to fund Nigerian women-owned businesses with $100 million

November 17, 2022

Businesses owned by Nigerian women will receive $100 million worth of investment from the United Kingdom, British High Commissioner to Nigeria, Catriona Laing, has revealed. The funding is in line with effort to ensure gender equality in the country, also implement UK’s

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Latest

World’s largest soil carbon project in Kenya receives award during COP27

Dollar Rate Falls In Black Market, As Naira Prepares For Highest Devaluation

Obi, Atiku, Tinubu’s Economic Plans Still Prone To Naira Devaluation

Ambassador Obaze Raises The Alarm Over Fake, Underage Voters In INEC’s Record

African Tech Leaders, Investors To Connect At London Stock Exchange For The 6th Africa Tech Summit

Families Set To Spend 156% Of monthly Income On Christmas – WorldRemit Data

Nigerian Gov’t Supports Onitsha Ofala Festival With Cultural Excellence Award

Nigerian Govt Struggles To Borrow, As Foreign Investors Prefer US, Germany, Others

UK to fund Nigerian women-owned businesses with $100 million

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