PBA Reporter, Author at Prime Business Africa

JUST IN: Flour Mills Buys Honeywell For N80bn

A diversified Nigerian agribusiness company, Flour Mills of Nigeria (FMN) announced it had signed an agreement to acquire 71.69 per cent stake in Honeywell Group’s portfolio company, Honeywell Flour Mills Plc (HFMP),

PBA Reporter

3 years ago

CAC Grants Extension For Annual Return Filing Deadline To April

Business

CAC projects to take N24.5bn from registration fees, others

The Corporate Affairs Commission (CAC) has disclosed that it projects to rake in N24.5bn as internally generated revenue in the 2022 fiscal year. The figure was contained in its 2022 budget proposal

PBA Reporter

3 years ago

Business

Net Foreign Exchange Inflow Falls 31% To $21.8bn – CBN

Net foreign exchange inflow into the economy declined by 31 per cent, year-on-year, to $21.81 billion in the seven months to July 2021, from $31.57 billion in the corresponding period of 2020.

PBA Reporter

3 years ago

Business

Lagos Attracts 80% Of Investments Coming To Nigeria – Sanwo-Olu

The Lagos State Governor, Babajide Sanwo-Olu, has disclosed that the state attracts about 80 per cent of investment that comes to Nigeria. Sanwo-Olu made this known over the weekend while delivering a

PBA Reporter

3 years ago

Lagos Govt Vows To Demolish Illegal Structures

Finance & Economy

Lagos Needs $15 Billion Over 5 Years For Development – Sanwo-Olu

The Lagos state government has said that it needed a sum $15 billion for infrastructural development in the state for the next 5 years.

PBA Reporter

3 years ago

Nigeria Accounts For 35% Of Foreign Airlines’ Trapped Funds Globally

Business

Again, Emirates Airline Extends Flights Suspension Till Nov 30

Emirates Airline has again announced the suspension of its resumption of flight operations between the UAE and Nigeria to November 30.

PBA Reporter

3 years ago

Fidelity Bank In Need Of Money, Reveals Amount Company Needs To Run Operation

Business

Fidelity Bank’s Nine Month Profit Increases By 31.4%

Fidelity Bank Plc recorded a 31.4 per cent increase in its profit before tax for the nine months ended September 30, 2021. The bank said its pretax profit rose to N28.1bn in

PBA Reporter

3 years ago

FCCPC) has approved an additional 211 digital money lenders, known as loan apps, marking an increase from 161 fully approved companies in September.

Business

FG Approves N656 Billion Fresh Loan For 36 States

The federal government has approved N656 billion fresh loan for the 36 states of the country. The details of the loan as announced during the National Executive Council (NEC) meeting on Thursday,

PBA Reporter

3 years ago

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

Business

Nigeria’s GDP Growth Falls To 4.03% in Q3 – NBS reports

The nation’s economy grew more slowly in the third quarter of the year than it did in the second quarter. Primebusiness.africa obtained this from the fresh report released by the National Bureau

PBA Reporter

3 years ago

Religious Intolerance: HURIWA Faults US On Delisting Nigeria Under Buhari

Prominent pro-democracy and Civil Rights Advocacy Group, Human Rights Writers Association Of Nigeria (HURIWA ) has carpeted the United States of America under the Democratic Presidency of Joe Biden for unilaterally delisting

PBA Reporter

3 years ago

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PBA Reporter

JUST IN: Flour Mills Buys Honeywell For N80bn

CAC projects to take N24.5bn from registration fees, others

Net Foreign Exchange Inflow Falls 31% To $21.8bn – CBN

Lagos Attracts 80% Of Investments Coming To Nigeria – Sanwo-Olu

Lagos Needs $15 Billion Over 5 Years For Development – Sanwo-Olu

Again, Emirates Airline Extends Flights Suspension Till Nov 30

Fidelity Bank’s Nine Month Profit Increases By 31.4%

FG Approves N656 Billion Fresh Loan For 36 States

Nigeria’s GDP Growth Falls To 4.03% in Q3 – NBS reports

Religious Intolerance: HURIWA Faults US On Delisting Nigeria Under Buhari

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