Fakoyejo Olalekan, Author at Prime Business Africa

UK Gov’t Reveals Data On Nigerians Abusing Student, Work Visas, May Tighten Rules

The British government is worried about the number of relatives Nigerian immigrants bring to the United Kingdom after securing student and work visas. According to the UK Home office data, the number

Fakoyejo Olalekan

October 12, 2022

Business

Nigeria Occupies Fourth Position On Most Crypto Transactions Despite CBN Ban

The founder of Patricia, a Fintech company, Hanu Fejiro, said Nigeria is the fourth country in the world with the most crypto transactions despite the ban placed on digital asset transactions in

Fakoyejo Olalekan

October 12, 2022

Business

Aliko Dangote’s Firm Reacts To Accusation Of Burning Kogi House Of Assembly Amid Faceoff

Aliko Dangote-owned manufacturing company, Dangote Group, has denied being behind the fire outbreak at the Kogi State House of Assembly in Lokoja, on Monday. Part of the building was destroyed by fire

Fakoyejo Olalekan

October 11, 2022

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Black Market Naira Gains As BDC Operators Drop Dollar

October 11, 2022 Dollar Rates Update: The Bureau De Change operators reduced their asking price for dollar sales on Tuesday, with the naira gaining against the United States currency in the black

Fakoyejo Olalekan

October 11, 2022

Nigerian Banks Rely More On Liquidity, As Borrowing From CBN Rises To N19.8trn

Business·FEATURES·Insights

GTCO, Zenith Bank, Seven Others Lose Revenue Market Share, As Industry Generates N3.14 trillion

Guaranty Trust Holding Company (GTCO), Zenith Bank and five other banks lost their revenue market share in the financial industry in the First Half (H1) of 2022, amid competition from Wema Bank

Fakoyejo Olalekan

October 11, 2022

Blockchain: Central Bank System In Its Last Days, Nigerian VP Warns Emefiele-led CBN

Business·Finance & Economy·News

Blockchain: Central Banking Ends Soon, Nigerian VP Warns Emefiele-led CBN

The Vice President, Yemi Osinbajo, says the central banking systems is in its last days due to blockchain technology. He said Central Bank of Nigeria (CBN) must adopt it to survive. Osinbajo

Fakoyejo Olalekan

October 11, 2022

Business·World News

$2,500 Policy Fine: PayPal Loses N4.77 trillion After Elon Musk, Others Criticism

The share price of PayPal Holdings Inc. fell on Monday due to criticism from Elon Musk and other social media users during the weekend over policy to fine customers $2,500. PayPal had

Fakoyejo Olalekan

October 11, 2022

Business·Oil & Gas

Ex-militant, Tompolo, Makes New Revelation About Illegal Crude Oil Sites In Nigeria

Ex-militant, Government Ekpemupolo, also known as Tompolo, revealed that in the Nigeria Delta region, there are 58 illegal crude oil tapping sites. Tompola’s revelation comes after the Nigerian National Petroleum Corporation (NNPC) Limited

Fakoyejo Olalekan

October 10, 2022

World News

Russian Hackers, Killnet, Attack Four US Airports Amid War With Ukraine

Russian-speaking hackers, Killnet, attacked four US airports amid the ongoing war between Ukraine and Vladimir Putin’s country on Monday. Killnet used Distributed Denial Of Service (DDoS) to flood the airports’ computer servers

Fakoyejo Olalekan

October 10, 2022

News

Nigerian Gov’t Agency, TCN, To Spend N26.26bn On Projects, Fails To Reveal Personnel Costs

Transparency issue has trailed the Transmission Company of Nigeria (TCN) after the government-owned firm hid its personnel and overhead costs from the public. In the 2023 budget presented by President Muhammadu Buhari,

Fakoyejo Olalekan

October 10, 2022

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Fakoyejo Olalekan

UK Gov’t Reveals Data On Nigerians Abusing Student, Work Visas, May Tighten Rules

Nigeria Occupies Fourth Position On Most Crypto Transactions Despite CBN Ban

Aliko Dangote’s Firm Reacts To Accusation Of Burning Kogi House Of Assembly Amid Faceoff

Black Market Naira Gains As BDC Operators Drop Dollar

Blockchain: Central Banking Ends Soon, Nigerian VP Warns Emefiele-led CBN

$2,500 Policy Fine: PayPal Loses N4.77 trillion After Elon Musk, Others Criticism

Ex-militant, Tompolo, Makes New Revelation About Illegal Crude Oil Sites In Nigeria

Russian Hackers, Killnet, Attack Four US Airports Amid War With Ukraine

Nigerian Gov’t Agency, TCN, To Spend N26.26bn On Projects, Fails To Reveal Personnel Costs

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