Business - Page 524

Nigeria’s Oil Regulator, NUPRC, Blocks Seplat, ExxonMobil’s Acquisition Deal, After Buhari’s Approval

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has denied the approval of Seplat’s acquisition of ExxonMobil’s Nigerian subsidiary. On Monday, Seplat had announced that President Muhammadu

Fakoyejo Olalekan

2 years ago

CBN Places Service Restriction On PoS Agents Across Nigeria

Business

Nigerians Bypass CBN’s Dollar Ban To Import N385 billion Worth Of Sugar

Despite the Central Bank of Nigeria (CBN) placing sugar in the restriction list of the foreign exchange, the country imported N385 billion worth of the commodity in the first half of 2022.

Fakoyejo Olalekan

2 years ago

Business·Latest News·Sports

Werner Departs Chelsea, Arrives Leipzig For Medical Ahead €20m Move

Chelsea and RB Leipzig have reached an agreement in principle for the permanent sale of forward Timo Werner to the German side where he had played for before the transfer to Chelsea

Izuchukwu Okosi

2 years ago

Business

Nigerian Think-Tank, NESG, Calls For Subsidy Removal, Change In FX Multiple Rates

The Federal Government has been urged to remove subsidy in fuel price, as the Nigerian Economic Summit Group (NESG) highlighted some challenges of the Nigerian economy in a new report. NESG, which

Fakoyejo Olalekan

2 years ago

Buhari Mourns Isaac Sagay, Former Nigeria’s Ambassador To The Holy See

Business·Oil & Gas

President Buhari Approves Seplat Acquisition Of ExxonMobil’s Nigerian Subsidiary

The Federal Government has approved Seplat’s acquisition of Mobil Producing Nigeria Unlimited (MPNU) from Exxon Mobil Corporation, after the Nigerian National Petroleum Company (NNPC) initially block the deal. In a statement released

Fakoyejo Olalekan

2 years ago

Elon Musk Joins Network Operator To Offer Smartphone Service Under Water, Remote Areas

Business·Tech News

Elon Musk Finally Reveals What Will Make Him Complete Twitter Acquisition

The world’s richest man, Elon Musk, has challenged Twitter Chief Executive Officer, Parag Agrawal, to a public debate to settle the completion of their $44 billion acquisition deal. Musk requested to debate

Fakoyejo Olalekan

2 years ago

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Black Market Dollar To Naira Exchange Rate: Bureau De Change Operators Raise Dollar Rate After Advice To CBN

August 8, 2022 Dollar Rate Update: On the Investors and Exporters window, the naira closed flat at N430 to one dollar on Friday, maintaining the same selling price traders offered the United

Fakoyejo Olalekan

2 years ago

Business·Insights

Best Performing Nigerian Cement Companies: Aliko Dangote Losing To Abdulsamad Rabiu

As earnings report for the first half (H1) period of 2022 emerges from Nigerian cement producers, Prime Business Africa analyses the performance of the Big Three companies operating in the industry. The

Fakoyejo Olalekan

2 years ago

Business·Latest News

Nova Merchant Bank Appoints New Directors, Promotes 20% Workforce

NOVA Merchant Bank, a leading merchant bank in Nigeria has announced the appointment of two independent non-executive directors and one non-executive director as it elevates about 20 per cent of its

Admin

2 years ago

AMA News·Business

Bybit Launchpad 2.0 to Host DEFY IEO

ROAD TOWN, British Virgin Islands, 5 August 2022 -/African Media Agency(AMA)/- Bybit, the third most visited cryptocurrency exchange in the world, will list DEFY, the native platform token and the utility token of DEFY, on

Prime Business Africa

3 years ago

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Business - Page 524

Nigeria’s Oil Regulator, NUPRC, Blocks Seplat, ExxonMobil’s Acquisition Deal, After Buhari’s Approval

Nigerians Bypass CBN’s Dollar Ban To Import N385 billion Worth Of Sugar

Werner Departs Chelsea, Arrives Leipzig For Medical Ahead €20m Move

Nigerian Think-Tank, NESG, Calls For Subsidy Removal, Change In FX Multiple Rates

President Buhari Approves Seplat Acquisition Of ExxonMobil’s Nigerian Subsidiary

Elon Musk Finally Reveals What Will Make Him Complete Twitter Acquisition

Black Market Dollar To Naira Exchange Rate: Bureau De Change Operators Raise Dollar Rate After Advice To CBN

Best Performing Nigerian Cement Companies: Aliko Dangote Losing To Abdulsamad Rabiu

Nova Merchant Bank Appoints New Directors, Promotes 20% Workforce

Bybit Launchpad 2.0 to Host DEFY IEO

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