PBA Reporter, Author at Prime Business Africa

Nigeria's GDP Growth Hit 2.51% In Second Quarter 2023 - NBS Reports

Nigeria Recorded 3.4% GDP Growth In 2021 – NBS

Nigeria’s Gross Domestic Product, according to the second-quarter GDP report released on Thursday by the National Bureau of Statistics, grew by 3.98 per cent in the fourth quarter of 2021. Prime Business

PBA Reporter

3 years ago

Business

Economic Recovery will Continue On Rising Oil Prices – Rewane

The Managing Director and Chief Executive Officer of Financial Derivatives Company Limited, Bismarck Rewane, has disclosed that Nigeria’s economy would to rebound as oil prices might remain high. Rewane made this known

PBA Reporter

3 years ago

Oil & Gas

Marketers Plunge Into Action To Blend Dirty Fuel As scarcity Persists In States

Oil marketers have plunged into action to blend the over 100 million litres of adulterated Premium Motor Spirit, popularly called petrol, which was imported into Nigeria over two weeks ago. Prime Business

PBA Reporter

3 years ago

Abba Kyari: NDLEA Gives More Details On Drug Deal

The National Drug Law Enforcement Agency (NDLEA) has given more details about the drug deal allegedly involving a suspended Deputy Commissioner of Police, Abba Kyari. The NDLEA’s Director, Media & Advocacy, Femi

PBA Reporter

3 years ago

Business·Latest News·Top Stories

Lagos Unveils New Resident Card For Payment Services, Loan Applications, Others

The Lagos State Government has introduced the introduction of a new resident card with multipurpose functions for residents. Prime Business Africa observed that the new card which is replacing the old identity

PBA Reporter

3 years ago

Oil & Gas

Buhari Charges Senate To Approve N2.55trn For Petrol Subsidy Payments

President Muhammadu Buhari has demanded an additional provision of N2.557 trillion for petrol subsidy payments in 2022. President Buhari made the demand in a letter sent to the national assembly requesting consideration

PBA Reporter

3 years ago

Business

FG Gross Debt To Grow By 92%, Hits N136tn In 2026 – IMF

The federal government’s gross debt profile, according to the International Monetary Fund, is projected to grow by 92.11 per cent from N70.85tn in 2022 to N136.11tn in 2026. The Washington based lender

PBA Reporter

3 years ago

Business

Nigeria’s Inflation Rate Falls To 15.60% In January

Prime Business Africa gathered that the consumer price index, which measures inflation increased to 15.60 percent year-on-year in January 2022. This Newspaper observed that this is 0.87 percent points lower than the

PBA Reporter

3 years ago

Oil & Gas

Statistician-General Hints On Implication Of Fuel Crisis On Nigerian Economy

The Statistician-General of the Federation, Mr. Simon Harry, has disclosed that the present fuel crises being experienced across the nation may have adverse effects on the inflation rate. Harry disclosed this on

PBA Reporter

3 years ago

Nigerian Gov’t Spends N96 Out Of Every N100 To Pay Debt - World Bank Says, Reveals Impact

Business

World Bank Economist Warns Countries Against Excessive Borrowing

A top World Bank official has warned that the delays in dealing with the growing debt burden in poor countries seems unlikely to be resolved by the G20. The World Bank chief

PBA Reporter

3 years ago

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PBA Reporter

Nigeria Recorded 3.4% GDP Growth In 2021 – NBS

Economic Recovery will Continue On Rising Oil Prices – Rewane

Marketers Plunge Into Action To Blend Dirty Fuel As scarcity Persists In States

Abba Kyari: NDLEA Gives More Details On Drug Deal

Lagos Unveils New Resident Card For Payment Services, Loan Applications, Others

Buhari Charges Senate To Approve N2.55trn For Petrol Subsidy Payments

FG Gross Debt To Grow By 92%, Hits N136tn In 2026 – IMF

Nigeria’s Inflation Rate Falls To 15.60% In January

Statistician-General Hints On Implication Of Fuel Crisis On Nigerian Economy

World Bank Economist Warns Countries Against Excessive Borrowing

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