PBA Reporter, Author at Prime Business Africa

DMO Returns Oversubscribed 2021 Sovereign SukukTo Investors

The Director-General of the Debt Management Office (DMO), Patience Oniha, has disclosed that the over subscribed portion of the N250 billion, 2021 Sovereign Sukuk, which attracted N865 billion, was returned to investors.

PBA Reporter

3 years ago

Business

Egbin Power Hints On Factors Responsible For Blackout In Lagos

The largest power generating plant in Nigeria, Egbin Power Plc has attributed blackout being experienced in Lagos and its environs to a fire incident at its power plant on Wednesday, February 2,

PBA Reporter

3 years ago

Breaking: Nigerian Govt Reveals 96 Boko Haram Sponsors

The Nigerian Financial Intelligence Unit has disclosed 96 financiers of terrorism, including 424 associates/supporters of the financiers. The Minister of Information and Culture, Lai Mohammed, disclosed this known during a briefing on

PBA Reporter

3 years ago

Business

FEC Okays $328.87m Railway Consultancy Services, N115.4bn Katsina Road Dualisation

The Federal Executive Council (FEC) approved N115.4bn for the dualisation of the proposed Kano-Kazaure-Kongolam highway in Katsina State from single carriageway to a dual carriageway. The Minister of Works and Housing, Babatunde

PBA Reporter

3 years ago

Business

Flour Mills Announces N25bn Profit, Plans Expansion

Flour Mills of Nigeria Plc has announced a profit before tax of N25bn for a nine-month period. The company recorded solid performance across food, agro-allied and support segments, delivering topline growth of

PBA Reporter

3 years ago

Oil & Gas

Oil Revenue Drops As Nigeria Misses January OPEC Quota

Nigeria’s crude oil output target for January 2022 has dropped to 1.46 million barrels per day against a target of 1.683 million bpd as approved by the Organisation of Petroleum Exporting Countries.

PBA Reporter

3 years ago

Business

Air Peace Has Submitted Request To Resume Flights In March – FG Writes UAE

The federal government has written the authorities in the United Arab Emirates (UAE) to approve the request by Air Peace for the resumption of passenger flights. The government said this in a

PBA Reporter

3 years ago

Business

Airtel Africa Appoints Emeka Oparah As Vice President, Corporate Communications

Airtel Africa Plc has approved the appointment of Emeka Oparah, a communications professional, as vice-president, corporate communications. Airtel disclosed this in a statement issued on Tuesday, saying Oparah will manage the image of

PBA Reporter

3 years ago

Business

FBN Holdings Appoints Julius Omodayo-Owotuga As Non-Executive Director

The management of First Bank Holdings Plc has appointed Julius B. Omodayo-Owotuga, deputy chief executive of Geregu Power Plc, as a non-executive director. Seye Kosoko, FBN Holdings’ company secretary, made this known

PBA Reporter

3 years ago

Governor of Nigerias Central Bank Godwin Emefiele

Business

28 Companies Benefitted In First Cycle Of ‘100 For 100’ Policy – Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has disclosed that 28 companies benefitted from the first cycle of the 100 for 100 policy on production and productivity (PPP). Emefiele

PBA Reporter

3 years ago

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PBA Reporter

DMO Returns Oversubscribed 2021 Sovereign SukukTo Investors

Egbin Power Hints On Factors Responsible For Blackout In Lagos

Breaking: Nigerian Govt Reveals 96 Boko Haram Sponsors

FEC Okays $328.87m Railway Consultancy Services, N115.4bn Katsina Road Dualisation

Flour Mills Announces N25bn Profit, Plans Expansion

Oil Revenue Drops As Nigeria Misses January OPEC Quota

Air Peace Has Submitted Request To Resume Flights In March – FG Writes UAE

Airtel Africa Appoints Emeka Oparah As Vice President, Corporate Communications

FBN Holdings Appoints Julius Omodayo-Owotuga As Non-Executive Director

28 Companies Benefitted In First Cycle Of ‘100 For 100’ Policy – Emefiele

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