Fakoyejo Olalekan, Author at Prime Business Africa

MTN Service Down Time Caused By Damaged Undersea Cables

MTN 5G Broadband Sells At N50,000

MTN Nigeria has begun sale of 5G broadband after becoming the first Nigerian telecommunications firm to roll out the fifth-generation technology standard for broadband cellular networks on August 24, 2022. The network

Fakoyejo Olalekan

September 2, 2022

Business

Pres. Buhari Appoints First Lady’s Brother To Head Company Printing Naira Notes

President Muhammadu Buhari has made the appointment of Ahmed Halilu, the acting Managing Director of Nigerian Security Printing and Minting Company (NSPMC), permanent. Halilu, who happens to be the elder brother of

Fakoyejo Olalekan

September 1, 2022

Access Bank Obtains Central Bank of Angola’s Approval To Acquire 80% of Finibanco

Business

First Bank Completes Acquisition Of Access Bank‘s Pension Business

First Pension Custodian Nigeria Limited, the subsidiary of First Bank of Nigeria, has fully taken over possession of Access Pension Fund Custodian Limited, the pension subsidiary of Access Bank. In a statement

Fakoyejo Olalekan

September 1, 2022

Flutterwave Says N2.9 Billion Hack Report Not True

Business·Tech News

Kenyan Court Freezes 22 Accounts Belonging To Flutterwave, As Crackdown Continues

About 22 accounts belonging to Nigerian financial technology (Fintech) company, Flutterwave, has been blocked from transferring or withdrawing by Kenyan court, amid investigation by authorities in the country. Kenya’s Assets Recovery Agency

Fakoyejo Olalekan

September 1, 2022

Domestic Airplane Ticket Rises By 97.09%, As Inflation, Dollar Rate, Others Bite

Business

N19 billion Debt Is Not Fraud – Airline Operators of Nigeria Counters Comment By NCAA DG

The Airline Operators of Nigeria (AON) have denied claims that the umbrella body for local carriers defrauded Federal Airports Authority of Nigeria (FAAN), the Nigerian Civil Aviation Authority (NCAA), and other Nigerian

Fakoyejo Olalekan

September 1, 2022

Emirates To Suspend Flights To Nigeria Over Inability To Repatriate Earnings

Business

Trapped Funds: Emirates Airlines To Proceed On Suspension of Nigerian Flights Despite CBN Intervention

Emirates Airlines has revealed that the suspension of Nigerian flights will continue after the Central Bank of Nigeria (CBN) released funds to settle protest among foreign airlines over trapped funds. Two weeks

Fakoyejo Olalekan

September 1, 2022

Business·Markets

Investors Hit N104.54 billion As Guinness, Caverton, Others Raise Stock Exchange

The equity capitalisation of the Nigerian stock exchange rose to N26.88 trillion from N26.77 trillion on Wednesday, appreciating by 0.3 percent, which represents N104.54 billion growth. It followed the path of the

Fakoyejo Olalekan

August 31, 2022

Business·Oil & Gas

Dangote Refinery Has Right Of First Refusal To Nigeria’s Crude Oil – NNPC

The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, said the corporation held the right to sell crude to Dangote Refinery, owned by billionaire, Aliko Dangote.

Fakoyejo Olalekan

August 31, 2022

IPMAN Asks FG To Partner With Illegal Refinery Operators In Creeks

Business·Oil & Gas

NNPC Boss, Mele Kyari, Says Churches, Mosques Involved In Crude Oil Theft

Religious leaders in Nigeria have been accused by the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, of aiding oil pipeline vandalism. Kyari said there’s a

Fakoyejo Olalekan

August 31, 2022

Finance Minister Likens Hardship Caused By Old Naira Deadline To Injury

Business

Nigerian Gov’t Eyes N8.46 trillion Revenue for 2023, Finance Minister Defends Debt

Nigeria’s Minister of Finance, Budget and National Planning, Zainab Ahmed, said the Federal Government has projected generating N8.46 trillion revenue for 2023, with oil accounting for 22.4% of the earnings. According to

Fakoyejo Olalekan

August 31, 2022

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Fakoyejo Olalekan

MTN 5G Broadband Sells At N50,000

Pres. Buhari Appoints First Lady’s Brother To Head Company Printing Naira Notes

First Bank Completes Acquisition Of Access Bank‘s Pension Business

Kenyan Court Freezes 22 Accounts Belonging To Flutterwave, As Crackdown Continues

N19 billion Debt Is Not Fraud – Airline Operators of Nigeria Counters Comment By NCAA DG

Trapped Funds: Emirates Airlines To Proceed On Suspension of Nigerian Flights Despite CBN Intervention

Investors Hit N104.54 billion As Guinness, Caverton, Others Raise Stock Exchange

Dangote Refinery Has Right Of First Refusal To Nigeria’s Crude Oil – NNPC

NNPC Boss, Mele Kyari, Says Churches, Mosques Involved In Crude Oil Theft

Nigerian Gov’t Eyes N8.46 trillion Revenue for 2023, Finance Minister Defends Debt

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