PBA Reporter, Author at Prime Business Africa

SEC Begins Charging Regulatory Fee On Fixed Income Transactions

Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), will commence charging regulatory fee on fixed income secondary market transactions with effect from January 1, 2022. In a circular released yesterday,

PBA Reporter

3 years ago

2023: Buhari Discloses His Next Line Of Action After Presidential Election

President Muhammadu Buhari has disclosed that he would hand over to his successor after the 2023 presidential election and return to his farm in Daura, Katsina State. President Buhari made this known in

PBA Reporter

3 years ago

Business

Buhari Okays Payment Of Salaries Withheld Over Health Workers’ Strike

President Muhammadu Buhari has approved the payment of health workers whose salaries were withheld when they embarked on strike. Chris Ngige, minister of labour and employment, made this known on Thursday while

PBA Reporter

3 years ago

Business

DMO Offers 10-Year N250bn Sukuk For Subscription

The Debt Management Office (DMO) has disclosed that it is offering a 10-year N250 billion road Sukuk instrument at a rental rate of 12.80 percent per annum, payable half-yearly. The offer at

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 Rolls Out N329.53bn Cash Transfer Programme In Nigeria

The World Bank is rolling out an $800m (N329.53bn at official exchange rate) facility designed to fund a large-scale Conditional Cash Transfer programme in Nigeria. The Nigeria Governors’ Forum disclosed this in

PBA Reporter

3 years ago

Business

UK Lifts Suspension On Processing Of Visitor Visa Applications From Nigeria

The United Kingdom (UK) has lifted the pause on processing visitor visas in all countries previously on the red list, including Nigeria. The UK Visas & Immigration (UKVI) announced this in a statement

PBA Reporter

3 years ago

Business

Terminate Passport Production Contract With Foreign Firm – Reps Tell FG

The House of Representatives has condemned a situation where over 70 per cent of Nigerian embassies, high commissions and other foreign missions have received zero allocation for capital expenditure over the years.

PBA Reporter

3 years ago

Business

FG Debt Servicing Gulps N2.49tn In Nine Months – DMO

Nigeria, the Debt Management Office, spent N2.49tn on debt servicing payments in the first nine months of 2021. Between January and March 2021, Nigeria spent N612.71bn on domestic debt servicing, while it

PBA Reporter

3 years ago

Nigeria, Other West African Countries To Endure Soaring Food Prices In 2024 - Report

Business

Food Prices Continue To Soar As Inflation Dropped in November

The inflation rate in Nigeria, according to the National Bureau of Statistics (NBS), fell in November to 15.40 per cent (year-on-year), the lowest since December last year. The NBS, in its Consumer

PBA Reporter

3 years ago

Why Buhari Is Reluctant To Assent To Electoral Bill – Falana

Femi Falana, a senior advocate of Nigeria (SAN), has disclosed some governors in the All Progressives Congress (APC) are influencing President Muhammadu Buhari’s decision, not to assent to the electoral bill. Falana

PBA Reporter

3 years ago

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PBA Reporter

SEC Begins Charging Regulatory Fee On Fixed Income Transactions

2023: Buhari Discloses His Next Line Of Action After Presidential Election

Buhari Okays Payment Of Salaries Withheld Over Health Workers’ Strike

DMO Offers 10-Year N250bn Sukuk For Subscription

World Bank Rolls Out N329.53bn Cash Transfer Programme In Nigeria

UK Lifts Suspension On Processing Of Visitor Visa Applications From Nigeria

Terminate Passport Production Contract With Foreign Firm – Reps Tell FG

FG Debt Servicing Gulps N2.49tn In Nine Months – DMO

Food Prices Continue To Soar As Inflation Dropped in November

Why Buhari Is Reluctant To Assent To Electoral Bill – Falana

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