Fakoyejo Olalekan, Author at Prime Business Africa

MTN Investors Earn N944bn In Three Months As Airtel’s Shareholders Record Zero

Investment Crash: Nigerian Investors In MTN, Airtel Lose Over N1.93 trillion

Within five days of trading, shareholders of telecommunications companies, Airtel Nigeria and MTN Nigeria lost a whopping sum of N1.93 trillion. Prime Business Africa (PBA) gathered that investment held in the only

Fakoyejo Olalekan

October 24, 2022

NNPCL Denies Inflating Fuel Subsidy Payments

Business·Oil & Gas

NNPC Limited Restructures Executive Director Roles

The Executive Director position in the Nigerian National Petroleum Company (NNPC) Limited is now referred to as Executive Vice President in line with the re-branding efforts of its management. NNPC Limited re-branded the

Fakoyejo Olalekan

October 23, 2022

Nigeria Air: Sirika Risks Contempt Of Court Charge - Domestic Airlines

Business

UPDATED: Confusion Over ‘Delivery Of 9 Aircraft For Nigeria Air’ As Sirika Sets Operational Timeframe

The Nigerian Aviation Minister, Hadi Sirika, at the weekend, disclosed that the Federal Government has placed order for 20 petrol-aircraft for the commencement of Nigeria Air. On Friday, during a meeting with

Fakoyejo Olalekan

October 22, 2022

Meet Lawan Auwal, Businessman Who Bought Polaris Bank

Business·Top Stories

Updated: How Nigerian Man Bought Polaris Bank For N1.35 trillion

Nigerian investor, Lawan Auwal Abdullahi, is power behind Strategic Capital Investment Limited (SCIL) that acquired Polaris Bank from government’s debt recovery agency, Asset Management Corporation of Nigeria (AMCON). Prime Business Africa had

Fakoyejo Olalekan

October 21, 2022

Business

Godwin Emefiele Ordered To Appear Before Federal High Court Over $70 million Judgement Debt

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been summoned by Justice Inyang Ekwo of the Federal High Court, Abuja, on Thursday, over a judgment debt case. Emefiele

Fakoyejo Olalekan

October 21, 2022

UNIZIK Teaching Hospital Honours Air Peace Boss, Onyema, With Benefactor Award

Business·News

Allen Onyema Reveals How UK Authority Put Air Peace, Passengers At Risk, Chased Them With Dogs

Chief Executive Officer of Air Peace, Allen Onyema, has revealed the moment authorities of the United Kingdom risked the safety of passengers during the COVID-19 period. Onyema made this known during a

Fakoyejo Olalekan

October 21, 2022

Polaris Bank Media Seminar: Expert Calls For More Training On Investigative Journalism

Business·Finance & Economy·News

Buyers Of Polaris Bank Still Owe CBN N1.30 Trillion, Apex Bank Reveals

The Central Bank of Nigeria (CBN) has revealed that the acquisition of Polaris Bank by Strategic Capital Investment Limited (SCIL) is worth N1.35 trillion. In a statement released on Thursday following reports

Fakoyejo Olalekan

October 21, 2022

Business·News

CBN Loses N1.15 trillion In Strategic Capital’s Acquisition Of Polaris Bank

Strategic Capital Investment Limited (SCIL) has acquired Polaris Bank from Asset Management Company of Nigeria (AMCON) and Central Bank of Nigeria (CBN), making the apex bank lose N 1.15 trillion in the

Fakoyejo Olalekan

October 20, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar To Naira Exchange Rate: BDC Operators Set New Dollar Rate After U.S Prediction

October 20 Dollar Exchange Rate: The exchange rate between the dollar and naira rose by 1.21% on Thursday, as Bureau De Change operators increased their asking price by N9. During trading hours,

Fakoyejo Olalekan

October 20, 2022

Business

Lafarge Cement Pays $778 million US Fine For ‘Donating’ To Terrorists

Lafarge Cement has admitted to paying terrorists groups in Syria to aid continuation of the firm’s operation in the country, leading to the United States justice department penalising the company with a

Fakoyejo Olalekan

October 20, 2022

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Fakoyejo Olalekan

Investment Crash: Nigerian Investors In MTN, Airtel Lose Over N1.93 trillion

NNPC Limited Restructures Executive Director Roles

UPDATED: Confusion Over ‘Delivery Of 9 Aircraft For Nigeria Air’ As Sirika Sets Operational Timeframe

Updated: How Nigerian Man Bought Polaris Bank For N1.35 trillion

Godwin Emefiele Ordered To Appear Before Federal High Court Over $70 million Judgement Debt

Allen Onyema Reveals How UK Authority Put Air Peace, Passengers At Risk, Chased Them With Dogs

Buyers Of Polaris Bank Still Owe CBN N1.30 Trillion, Apex Bank Reveals

CBN Loses N1.15 trillion In Strategic Capital’s Acquisition Of Polaris Bank

Dollar To Naira Exchange Rate: BDC Operators Set New Dollar Rate After U.S Prediction

Lafarge Cement Pays $778 million US Fine For ‘Donating’ To Terrorists

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