Business - Page 532

Remove Fuel Subsidy, Official Exchange Rate, IMF Tells FG

The International Monetary Fund (IMF) has again urged the Nigerian government to stop subsidising fuel and remove the official exchange rate. This came two weeks after the federal government suspended the removal

PBA Reporter

3 years ago

Business

Nigeria, Others Need $484bn By 2025 For Economic Recovery – AfDB President

The President of African Development Bank, Dr. Akinwumi Adesina, has disclosed that Africa needs $484bn over the next three years to tackle the socioeconomic impact of the COVID-19 pandemic and boost economic

PBA Reporter

3 years ago

Business

External Reserves Fall Below $40bn, Lowest In Three Months

The external reserves, according to the Central Bank of Nigeria (CBN), have fallen below the $40bn, making it the lowest point in over three months. Recall, reserves dropped to $39.82bn on February

PBA Reporter

3 years ago

Business·Opinion·Tech News

World’s Tech Business Trends

Thomas Friedman in 2005, wrote in his international bestseller, “The World is Flat” to explain how companies in the rich developed countries were taking advantage of cheap labour in the developing countries

Michael Olafusi

3 years ago

Business

DMO Returns Oversubscribed 2021 Sovereign SukukTo Investors

The Director-General of the Debt Management Office (DMO), Patience Oniha, has disclosed that the over subscribed portion of the N250 billion, 2021 Sovereign Sukuk, which attracted N865 billion, was returned to investors.

PBA Reporter

3 years ago

Business

Egbin Power Hints On Factors Responsible For Blackout In Lagos

The largest power generating plant in Nigeria, Egbin Power Plc has attributed blackout being experienced in Lagos and its environs to a fire incident at its power plant on Wednesday, February 2,

PBA Reporter

3 years ago

Africa·Business

Oil Exploration: TotalEnergies, Chinese Oil giant, Ugandan Govt Under fire

About 52 civil society groups in Ugandan and Congo have launched attacks on TotalEnergies (U) B.V., China National Offshore Oil Corporation (CNOOC) (U) Ltd and the Ugandan government for going ahead with

Editor

3 years ago

Business

FEC Okays $328.87m Railway Consultancy Services, N115.4bn Katsina Road Dualisation

The Federal Executive Council (FEC) approved N115.4bn for the dualisation of the proposed Kano-Kazaure-Kongolam highway in Katsina State from single carriageway to a dual carriageway. The Minister of Works and Housing, Babatunde

PBA Reporter

3 years ago

Africa Banker Awards 2023: Full Nominees List

Business·Latest News

AfDB’s $170 million Fund To Expand Nigeria’s Digital Industry, Grow Jobs In Creative Sector

The Africa Development Bank (AfDB) has provided $170 million to Nigeria which it says will help drive the country’s I-DICE initiative to expand the digital industry and grow jobs in the creative

Editor

3 years ago

Business·World News

Netherlands To Destroy Popular Bridge So Jeff Bezos’ Yacht Can Pass Through

All has been concluded to dismantle a popular Netherlands bridge situated in Rotterdam to make way for the brand new pleasure megayatch of Amazon Founder, Jeff Bezos. Bezos, one of the richest

Queen Nwabueze

3 years ago

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Business - Page 532

Remove Fuel Subsidy, Official Exchange Rate, IMF Tells FG

Nigeria, Others Need $484bn By 2025 For Economic Recovery – AfDB President

External Reserves Fall Below $40bn, Lowest In Three Months

World’s Tech Business Trends

DMO Returns Oversubscribed 2021 Sovereign SukukTo Investors

Egbin Power Hints On Factors Responsible For Blackout In Lagos

Oil Exploration: TotalEnergies, Chinese Oil giant, Ugandan Govt Under fire

FEC Okays $328.87m Railway Consultancy Services, N115.4bn Katsina Road Dualisation

AfDB’s $170 million Fund To Expand Nigeria’s Digital Industry, Grow Jobs In Creative Sector

Netherlands To Destroy Popular Bridge So Jeff Bezos’ Yacht Can Pass Through

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