PBA Reporter, Author at Prime Business Africa

BREAKING: FG Announces Date For Air Nigeria Official Take-off

The Minister of Aviation Senator Hadi Sirika has announced that Air Nigeria will take off by April 2022. Sirika disclosed this on Wednesday after the week’s Federal Executive Council (FEC) meeting presided

PBA Reporter

3 years ago

Finance & Economy

Nigeria’s Top 5 Banks’ Earnings Rise Above N1.5trn, Profit Up By 39.4%

Despite the backdrop of the positive growth reported for the Nigerian economy in the second quarter 2021 amidst the adverse effect of the COVID-19 pandemic and the drop in Nigeria oil production,

PBA Reporter

3 years ago

Ecobank Fined N3.2m, PZ Cussons Slammed With N4.8m Amid Clampdown

Business

Ecobank Sends Strong Warning To Flour Mills Over Honeywell Deal

Ecobank Nigeria Limited has sent a srong warning to Flour Mills of Nigeria Plc over the proposed acquisition of equity stake in Honeywell Flour Mills Plc. The bank alleged that Honeywell Group

PBA Reporter

3 years ago

Business

Dana Air Appoints Sukhjinder Mann As New Deputy CEO

Dana Air has appointed Mr. Sukhjinder Mann as the new deputy chief executive officer of the company, effective November 22, 2021. A statement released by the firm read that the new DCEO

PBA Reporter

3 years ago

Finance & Economy

CBN Retains MPR At 11.5%, Holds Other Parameters Constant

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 11.5%, while keeping all other monetary parameters constant. The CBN Governor, Godwin Emefiele, disclosed

PBA Reporter

3 years ago

BREAKING: No Life Was Lost At Lekki Tollgate – Lai Mohammed Faults Lagos Panel Report

The Minister of Information and Culture, Lai Mohammed, on Tuesday, insisted that there was no “massacre” at the Lekki toll gate on October 20, 2020. Mohammed, who also described the leaked report

PBA Reporter

3 years ago

Business

Wike to FG: VAT Suit Will Strengthen Rule Of Law

Rivers State Governor, Nyesom Wike, has said the legal battle between the Rivers State Government and the Federal Inland Revenue Service over the Value Added Tax will strengthen the rule of law.

PBA Reporter

3 years ago

Business

Capital Inflow Crashes By 80% As Foreign Investors Shun Nigerian Market

Capital inflow to Nigeria, according to the Central Bank of Nigeria (CBN’s) report, has crashed by 80 per cent in two years. Specifically, capital inflow to Nigeria fell from $17.1bn in July

PBA Reporter

3 years ago

Business

FairMoney MFB Disburses Over N71 Billion In Loans In 2021

Nigeria’s leading digital bank, FairMoney Microfinance Bank, held its investor’s conference recently at the Federal Palace Hotel, Lagos, Nigeria. The event brought together fund managers, HNI’s, investors, fintech aggregators and Pension Fund

PBA Reporter

3 years ago

Business

Ikeja Electric Invests Over N200M On Safety Equipment In 12 Months

Ikeja Electric Plc (IE), Nigeria’s largest electricity Distribution Company, invested more than 200 million naira on safety equipment in the last one year. Similarly, the DisCo has cautioned members of the public

PBA Reporter

3 years ago

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PBA Reporter

BREAKING: FG Announces Date For Air Nigeria Official Take-off

Nigeria’s Top 5 Banks’ Earnings Rise Above N1.5trn, Profit Up By 39.4%

Ecobank Sends Strong Warning To Flour Mills Over Honeywell Deal

Dana Air Appoints Sukhjinder Mann As New Deputy CEO

CBN Retains MPR At 11.5%, Holds Other Parameters Constant

BREAKING: No Life Was Lost At Lekki Tollgate – Lai Mohammed Faults Lagos Panel Report

Wike to FG: VAT Suit Will Strengthen Rule Of Law

Capital Inflow Crashes By 80% As Foreign Investors Shun Nigerian Market

FairMoney MFB Disburses Over N71 Billion In Loans In 2021

Ikeja Electric Invests Over N200M On Safety Equipment In 12 Months

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