Fakoyejo Olalekan, Author at Prime Business Africa

Nigeria's September Oil Production Hits 1.5 Million Barrels, Bolsters OPEC Output

FG To Start Collecting Landing, Take-off Fees From Oil Firms’ Helicopters

In a bid to increase its revenue generation, the Federal Government has inaugurated a team to collect landing and take-off fees from helicopters operating on all oil platforms within the country. According

Fakoyejo Olalekan

October 20, 2022

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

Business·News

VIDEO: Air Peace Boss, Onyema, Blames Foreign Airlines For Trapped Dollars, Gives Reasons

The Chief Executive Officer of Air Peace, Allen Onyema, has criticised foreign airlines over the issue of trapped funds in Nigeria, stating that they are partly to blame for the situation that

Fakoyejo Olalekan

October 20, 2022

No AK-47, Automatic Weapons – Buhari Warns States On Security Outfits

News

Nigerian Govt To Review Lecturers’ Salaries, Revive Universities With N470 billion

Government has earmarked over N470 billion in the 2023 budget as ‘special fund’ to revitalise Nigerian universities, as schools resume lectures after eight months of strike. The special fund will also be

Fakoyejo Olalekan

October 20, 2022

“I Want The Homeless To Model My Clothes,” Kanye West Tips

Business

Kanye West Says He’s Richer Than Aliko Dangote, Ranks Networth At $11 billion

United States’ rapper and fashion businessman, Kanye West, has stated that he’s richer than Nigerian billionaire, Aliko Dangote, stating that he is the richest black man in the world. Kanye West said he

Fakoyejo Olalekan

October 19, 2022

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Bank Of America Makes New Prediction For Official Naira Rate, As BDC Sells At N742

The exchange rate between the United States’ dollar and Nigeria’s naira has been projected to rise to N520/$1 next year, indicating the naira will extend its devaluation run into 2023. According to

Fakoyejo Olalekan

October 19, 2022

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business·Oil & Gas

Ardova Reacts To Alleged Dispute With Femi Otedola’s Firm Amid Court Case

Ardova Plc has stated that the court victory of Zenon Petroleum and Gas Limited over Ignite Investment Limited doesn’t affect the firm. In a statement released on Wednesday, Ardova said the victory

Fakoyejo Olalekan

October 19, 2022

Dangote Sugar Refinery, NASCON Allied, Dangote Rice To Merge

Business

Dangote Cement Reopens, But Dispute With Kogi Gov’t Persists

Dangote Cement factory in Obajana, Kogi State, has reopened after it was shutdown by the state government over tax issue and ownership stake in the manufacturing company. Aliko Dangote’s company had accused

Fakoyejo Olalekan

October 19, 2022

$471 million Lost To Nigeria’s Naira Devaluation – Airtel Africa Reveals

Business·Insights

Airtel Africa Shareholders Lose N1.28 trillion In 2 Days

Airtel Africa investors have lost -19 per cent of their investment in just two days amid meltdown experienced in the Nigerian stock exchange. The Nigerian stock exchange depreciated by -4.85 per cent,

Fakoyejo Olalekan

October 19, 2022

Business

Ghanaian Cedi Becomes Worst Currency Among 148 Countries, Raises Cost Of Living

Ghana’s currency, cedi, has been rated the worst performing currency in the world, as the legal tender continues to suffer depreciation in value against the United States dollar in 2022. In the

Fakoyejo Olalekan

October 18, 2022

Nigeria, Other West African Countries To Endure Soaring Food Prices In 2024 - Report

Business

Kwara Leads States With Highest Food Inflation In Nigeria For September

The National Bureau of Statistics (NBS) has released the top three states with highest food inflation rate, as the country records 23.34% rate in September 2022, rising from the 23.12% recorded in

Fakoyejo Olalekan

October 18, 2022

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Fakoyejo Olalekan

FG To Start Collecting Landing, Take-off Fees From Oil Firms’ Helicopters

VIDEO: Air Peace Boss, Onyema, Blames Foreign Airlines For Trapped Dollars, Gives Reasons

Nigerian Govt To Review Lecturers’ Salaries, Revive Universities With N470 billion

Kanye West Says He’s Richer Than Aliko Dangote, Ranks Networth At $11 billion

Bank Of America Makes New Prediction For Official Naira Rate, As BDC Sells At N742

Ardova Reacts To Alleged Dispute With Femi Otedola’s Firm Amid Court Case

Dangote Cement Reopens, But Dispute With Kogi Gov’t Persists

Airtel Africa Shareholders Lose N1.28 trillion In 2 Days

Ghanaian Cedi Becomes Worst Currency Among 148 Countries, Raises Cost Of Living

Kwara Leads States With Highest Food Inflation In Nigeria For September

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