Business - Page 520

World Bank Says 60% Of Low-Income Countries In Debt Distress

David Malpass, World Bank Group president, has explained that 60 per cent of low-income countries are in debt distress or at high risk of it. Malpass noted that low-income economies are countries

PBA Reporter

3 years ago

Hamas Attack On Israel, Rising Tensions Surge Oil Prices

Business

Oil Earnings Drop By N75.9bn Despite Monthly Price Hike

An emerging report has claimed that Nigeria’s earnings from crude oil has dropped by about N75.9bn this year despite the increase in global oil prices for the third consecutive month in March

PBA Reporter

3 years ago

Nigerian Gov’t Spends N96 Out Of Every N100 To Pay Debt - World Bank Says, Reveals Impact

Business

Fuel Subsidy Puts Nigeria’s Economy At High Risk – World Bank

The World Bank has disclosed that increasing fuel subsidy puts the Nigerian economy at a high risk as subsidy payments could significantly impact public finance and pose debt sustainability concerns. The Washington-based

PBA Reporter

3 years ago

Business

How Nigeria Can Lower Debt Service-To-Revenue – DMO

The Debt Management Office (DMO) has disclosed that Nigeria can lower its debt service-to-revenue ratio if it generates higher revenue like Ghana, Kenya, and Angola. The DMO explained that Nigeria has a

PBA Reporter

3 years ago

Business

Nigeria’s Inflation Hits Six-month High

The consumer price index, which measures the rate of increase in the price of goods and services, rose to the highest level since October 2021. The Consumer Price Index (CPI) report for

PBA Reporter

3 years ago

AMA News·Business

Strategic partnership: African Media Agency (AMA) and VivaTech join forces to promote business innovation and drive opportunities in Africa Tech

ABIDJAN, Cote d’Ivoire, 15th April 2022 -/African Media Agency(AMA)/- African Media Agency (AMA), a leading pan-African PR and communications firm today announced its partnership with Europe’s biggest startup and tech event, VivaTech. The partnership

Prime Business Africa

3 years ago

Business

Zenith Bank Plc Appoints New Executive Directors

Zenith Bank Plc has appointed Mrs. Adobi Stella Nwapa and Mr. Anthony Akindele as Executive Directors of the company. Other appointments are Mr. Peter Olatunde Bamkole and Mr. Chuks Emma Okoh, as

PBA Reporter

3 years ago

Business

Nigeria’s Debt-to-revenue Ratio Worrisome – LCCI

Lagos Chamber of Commerce and Industry (LCCI) has warned the federal government that staying within the current debt-to-GDP threshold is an unreliable means of calibrating Nigeria’s current debt burden. The LCCI noted

PBA Reporter

3 years ago

Business

List Of Payment Service Banks In Nigeria (Check The List)

With the advent of information technology in the banking and financial service ecosystem globally, telecommunication companies are beginning to find their way into the financial sector. And of course, this is possible

PBA Reporter

3 years ago

Business·Tech News

MTN Receives CBN’s Final Approval To Operate Payment Service Bank

MTN has received the Central Bank of Nigeria (CBN’s) final approval to operate as Momo Payment Service Bank Limited (Momo PSB). Uro Ukpanah, company secretary at MTN Nigeria, disclosed this in a

PBA Reporter

3 years ago

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Business - Page 520

World Bank Says 60% Of Low-Income Countries In Debt Distress

Oil Earnings Drop By N75.9bn Despite Monthly Price Hike

Fuel Subsidy Puts Nigeria’s Economy At High Risk – World Bank

How Nigeria Can Lower Debt Service-To-Revenue – DMO

Nigeria’s Inflation Hits Six-month High

Strategic partnership: African Media Agency (AMA) and VivaTech join forces to promote business innovation and drive opportunities in Africa Tech

Zenith Bank Plc Appoints New Executive Directors

Nigeria’s Debt-to-revenue Ratio Worrisome – LCCI

List Of Payment Service Banks In Nigeria (Check The List)

MTN Receives CBN’s Final Approval To Operate Payment Service Bank

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