Fakoyejo Olalekan, Author at Prime Business Africa

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Geregu Leads Gainers’ List, As Airtel Africa Top Losers’ In Nigerian Stock Market

The Nigerian stock exchange market capitalisation ended trading with N25.74 trillion, on the back of the All-Share Index which closed with 47,260.89 ASI. At the close of trading, investors exchanged N2.36 billion for over

Fakoyejo Olalekan

October 6, 2022

Business

Wema Bank Emerges Best Performing Bank in Half year 2022

Nigeria’s most innovative bank, Wema Bank Plc, has emerged the best performing bank in the first half of year 2022 financial year with a weighted average score of of 2.83 points, beating

Fakoyejo Olalekan

October 6, 2022

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business·Insights

Femi Otedola, Others Make N52 billion In One Day, Amid Plans To Buy Power Plant

Investors queued to have their hands on the shares of Geregu Power on Wednesday, as the electricity power plant company debuted on the Nigerian stock exchange. Interest were high for Geregu Power

Fakoyejo Olalekan

October 6, 2022

NNPCL Denies Inflating Fuel Subsidy Payments

Business·Oil & Gas

NNPC Reveals Why Nigeria Loses $150 million Every Day, Defends Low Earnings

Over $150 million is lost daily by the country according to the Chief Financial Officer (CFO) of the Nigerian National Petroleum Corporation (NNPC) Limited, Umar Ajiya. Pipeline vandalism and sideline production have

Fakoyejo Olalekan

October 6, 2022

Business·Tech News

Elon Musk’s ex-wife, Riley, Asks Him To Buy, Delete Twitter

On March 23, 2022, World’s richest person, Elon Musk, had a chat with his ex-wife, Talulah Riley, over the acquisition of Twitter, text messages made public for the court proceedings has disclosed.

Fakoyejo Olalekan

October 6, 2022

Business

Berger Paints Appoints New Managing Director, Adeyemi Adetomiwa

The board of directors at Berger Paints Nigeria have appointed Alaba Fagun as its Managing Director. Fagun was appointed to replace Adeyemi Adetomiwa. Prior to the change, Fagun was the founding managing

Fakoyejo Olalekan

October 5, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar To Naira Exchange Rate: Dollar Rises By N165, As Naira Suffers

August 5, 2022 Dollar Rates Update: The naira and dollar exchange rate depreciated in favour of the Nigerian currency on Wednesday at the black market. The traders in the parallel market dropped

Fakoyejo Olalekan

October 5, 2022

Business

Femi Otedola: Geregu List Shares On NGX, As Billionaire Eyes Acquisition Of New Power Plant

An electricity power plant company, Geregu Power Plc, has listed by way of introduction on the Nigerian Exchange Limited (NGX) to raise funds amid report of its expansion plan. Geregu Power, owned

Fakoyejo Olalekan

October 5, 2022

Access Bank Raises N351bn, Emerges First Nigerian Bank To Meet CBN’s N500bn Capital Requirement

Business

Access Bank To Acquire Shares Of Portuguese Investor In Angolan Bank, Finibanco

Access Bank and Montepio Holding SGPS S.A have entered into an agreement for the acquisition of Finibanco Angola S.A, as the Nigerian bank expands its operation in the African market. In a

Fakoyejo Olalekan

October 5, 2022

Finance Minister Likens Hardship Caused By Old Naira Deadline To Injury

Business

Risk Of Banks’ Failure High, Threatens Depositors’ Funds – Finance Min. Zainab Ahmed

Nigerian banks risk failing after increase in social-economic challenges across the world, the Minister of Finance, Budget, and National Planning, Zainab Ahmed, has disclosed. Ahmed, during the 2022 International Association of Deposit Insurers

Fakoyejo Olalekan

October 5, 2022

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Fakoyejo Olalekan

Wema Bank Emerges Best Performing Bank in Half year 2022

Femi Otedola, Others Make N52 billion In One Day, Amid Plans To Buy Power Plant

NNPC Reveals Why Nigeria Loses $150 million Every Day, Defends Low Earnings

Elon Musk’s ex-wife, Riley, Asks Him To Buy, Delete Twitter

Berger Paints Appoints New Managing Director, Adeyemi Adetomiwa

Dollar To Naira Exchange Rate: Dollar Rises By N165, As Naira Suffers

Femi Otedola: Geregu List Shares On NGX, As Billionaire Eyes Acquisition Of New Power Plant

Access Bank To Acquire Shares Of Portuguese Investor In Angolan Bank, Finibanco

Risk Of Banks’ Failure High, Threatens Depositors’ Funds – Finance Min. Zainab Ahmed

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