PBA Reporter, Author at Prime Business Africa

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

Nigeria’s GDP Improves By 3.11% In Q1 2022 – NBS

The National Bureau of Statistics (NBS) has reported that Nigeria’s Gross Domestic Product (GDP) grew by 3.11 per cent in the first quarter of 2022. Prime Business Africa obtained this from the

PBA Reporter

3 years ago

Business

ASUU: We Have Agreed To Pay N34bn Minimum Wage Arrears – FG

The federal government has disclosed its readiness to spend about N34 billion as arrears of Minimum Wage Consequential Adjustments in the education sector effective from 2019. The Minister of Labour and Employment,

PBA Reporter

3 years ago

Business

Cashless Transactions Rise By 44%, Hit N117.33tn In Four Months – NIBSS

Cashless transactions, according to data from the Nigeria Inter-Bank Settlement System (NIBSS), rose by 44 per cent year-on-year to hit N117.33tn in the first four months of 2022. From January 2022 to

PBA Reporter

3 years ago

Business

CBN Raises Interest Rate To 13%, First Time In Over Five Years

The policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate, to 13 per cent to tame rising inflation. The monetary policy

PBA Reporter

3 years ago

Business

AfDB Okays $1.5 billion To Address Potential Food Crisis In Africa

The African Development Bank (AfDB ) has approved a $1.5 billion emergency food production facility for about 20 million farmers in Africa. Prime Business Africa learnt that the fund is expected tonavoid

PBA Reporter

3 years ago

More Woes For Nigerians As Cooking Gas Price Rises By 70%

Business

Price Of 12.5kg Cooking Gas Increased By 89% In One Year – NBS

The National Bureau of Statistics (NBS) has disclosed that the price of 12.5kg liquefied petroleum gas, better known as cooking gas, has increased by 89.10 per cent year-on-year. The NBS disclosed this in its

PBA Reporter

3 years ago

Business

Buhari Appoints Semiu Adeniran As New Statistician-General

President Muhammadu Buhari has appointed Semiu Adeyemi Adeniran as the substantive statistician-general of the federation and chief executive officer of the National Bureau of Statistics (NBS). Sufuyan Ojeifo, special assistant (Media) to

PBA Reporter

3 years ago

Business·Latest News

FOOD INSECURITY: IMF Seeks Coordination Among Financial Institutions

Kristalina Georgieva, managing director, International Monetary Fund (IMF), said coordination among international financial institutions (IFIs) is crucial to alleviating food insecurity in vulnerable countries. Georgieva made this known in a statement published on

PBA Reporter

3 years ago

Business

FG Approves N169.72bn Private Sector Investments In Roads

The Federal Executive Council has approved N169.7bn private sector investments for at least four road infrastructures through the government’s Tax Credit Scheme. The Minister of Works and Housing, Babatunde Fashola, disclosed this

PBA Reporter

3 years ago

Business

FG Suspends Nigeria’s Accountant-General Over Alleged N80bn Fraud

Federal Government has indefinitely suspended the Accountant General of the Federation, Ahmed Idris, over alleged N80 billion fraud. Prime Business Africa learnt that Idris was suspended by the Minister of Finance, Budget

PBA Reporter

3 years ago

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PBA Reporter

Nigeria’s GDP Improves By 3.11% In Q1 2022 – NBS

ASUU: We Have Agreed To Pay N34bn Minimum Wage Arrears – FG

Cashless Transactions Rise By 44%, Hit N117.33tn In Four Months – NIBSS

CBN Raises Interest Rate To 13%, First Time In Over Five Years

AfDB Okays $1.5 billion To Address Potential Food Crisis In Africa

Price Of 12.5kg Cooking Gas Increased By 89% In One Year – NBS

Buhari Appoints Semiu Adeniran As New Statistician-General

FOOD INSECURITY: IMF Seeks Coordination Among Financial Institutions

FG Approves N169.72bn Private Sector Investments In Roads

FG Suspends Nigeria’s Accountant-General Over Alleged N80bn Fraud

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