PBA Reporter, Author at Prime Business Africa

CBN Owes Goldman Sachs, JP Morgan $7.5bn, Releases Financials Amid Probe

CBN’s RT200 FX Scheme Needs Right Mechanisms To Thrive – LCCI

Lagos Chamber of Commerce and Industry (LCCI) has disclosed that the newly introduced forex repatriation scheme needs adequate mechanisms to achieve desired results. Recall, the Central Bank of Nigeria(CBN) introduced RT200 FX programme,

PBA Reporter

3 years ago

Business

Telcos Lost 12.3m Internet Subscribers In 2021 – NBS

Prime Business Africa has gathered that Nigeria’s internet users dipped by 7.99 percent to 141.9 million — as telecoms operators lost 12.3 million data subscribers in 2021. The National Bureau of Statistics

PBA Reporter

3 years ago

Technology

ASUU Declares Pantami’s Professorship Illegal, Sanctions FUTO VC , Others

The Academic Staff Union of Universities (ASUU) has condemned the promotion of the Minister of Communications and Digital Economy, Dr Isa Ali Pantami, to a professor, describing the action as illegal. The

PBA Reporter

3 years ago

WAEC Honours Outstanding Ghanaian, Nigerian Candidates

Business

WAEC Releases 2021 WASSCE Results For Private Candidates

The West African Examination Council (WAEC) has announced the release of the results of the 2021 second series edition of the West African Senior School Certificate Examination (WASSCE) for private candidates, also

PBA Reporter

3 years ago

Oil & Gas

Fuel Sells For N400/Litre In Abuja, Others As Scarcity Persists In Lagos

Prime Business Africa has gathered that residents of Abuja and neighbouring states of Niger and Nasarawa are still facing tough times sourcing for Premium Motor Spirit, popularly called petrol, with the commodity

PBA Reporter

3 years ago

CBN Issues Guideline On How To Avoid Getting Duped By Illegal Financial Operators

Business

CBN Reveals When To Stop Sales Of Forex To Banks, Gives Reasons

The Central Bank of Nigeria (CBN) has revealed that it will stop the sale of foreign exchange to Deposit Money Banks by the end of the year. The CBN Governor, Godwin Emefiele,

PBA Reporter

3 years ago

Oil & Gas

Nigeria’s Oil Production Rises By 202,000 Barrels As OPEC Increases Output

Nigeria increased oil production by 202,000 barrels per day (bpd) in January, compared to a recorded decline in December last year, as the major Oil cartel decided to maintain higher output. This

PBA Reporter

3 years ago

Business·Latest News

CBN Introduces New Scheme To improve Dollar Supply

The Central Bank of Nigeria (CBN) on Thursday introduced a new scheme to improve dollar supply, known as Bankers’ Committee “RT200 FX Programme”, which stands for the “Race to $200 billion in

PBA Reporter

3 years ago

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business

Naira4Dollar Boosts Remittances By 1,566.6% – Emefiele

The Naira4Dollar Scheme has helped to boost remittances by 1,566.6 percent from only $6 million per week to over $100 million weekly. Godwin Emefiele, governor of the CBN, on Thursday disclosed this

PBA Reporter

3 years ago

Business·Latest News

Facebook Asks Nigerian Customers To Update Records By Feb 25

Facebook has declared that Nigerian customers should update their value-added tax (VAT) identification numbers by February 25. The social media giant said this in a statement issued on Thursday. The company said

PBA Reporter

3 years ago

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PBA Reporter

CBN’s RT200 FX Scheme Needs Right Mechanisms To Thrive – LCCI

Telcos Lost 12.3m Internet Subscribers In 2021 – NBS

ASUU Declares Pantami’s Professorship Illegal, Sanctions FUTO VC , Others

WAEC Releases 2021 WASSCE Results For Private Candidates

Fuel Sells For N400/Litre In Abuja, Others As Scarcity Persists In Lagos

CBN Reveals When To Stop Sales Of Forex To Banks, Gives Reasons

Nigeria’s Oil Production Rises By 202,000 Barrels As OPEC Increases Output

CBN Introduces New Scheme To improve Dollar Supply

Naira4Dollar Boosts Remittances By 1,566.6% – Emefiele

Facebook Asks Nigerian Customers To Update Records By Feb 25

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