Business - Page 570

Anxiety As Global food Prices Rise To highest Level Ever

The Food and Agriculture Organisation (FAO) of the United Nations’ report claimed that global food prices surged by 13 per cent in March, making a giant leap to the highest level ever.

PBA Reporter

3 years ago

Business

IMF Warns Nigeria, Others Of High Risk Of Debt Distress

Nigeria and 72 other countries, according to a new report by the International Monetary Fund (IMF), are at high risk of debt distress or are already in debt distress. This was contained

PBA Reporter

3 years ago

Business

Currency In Circulation Falls By N42.43bn In Two Months

Currency in circulation, according to the Central Bank of Nigeria (CBN), fell by N42.43bn between January and March. Figures obtained from the CBN revealed that the currency, which stood at N3.29tn as

PBA Reporter

3 years ago

AMA News·Business

Thales launches its sixth Cyber Security Operations Center in Morocco to serve the African continent

Thales strengthens its status as a cybersecurity leader with the creation of a new Security Operations Center on the African continent, based in Morocco. This operations center provides Moroccan and African administrations

Prime Business Africa

3 years ago

Business

NDIC Deploys Single Customer View Platform To MFBs, Gives Reasons

The Nigeria Deposit Insurance Corporation (NDIC) said it has developed a Single Customer View (SCV) platform to be deployed to Microfinance Banks (MFBs) to eliminate delays often experienced in reimbursing depositors following

PBA Reporter

3 years ago

Business·Latest News·Top Stories

Why Access Bank’s Takeover Bid For First Guarantee Pensions Fails On CAMA – Lawyer

‘‘By section 22(2)(b) of the Company and Allied Matters Act (CAMA), no member of a private limited liability company may sell his shares to a non-member without first offering the shares to

Uduegbunam Chukwujama

3 years ago

Business·Latest News·Top Stories

Elumelu At UBA’s 60th AGM Upholds Commitment To Exceeding Growth Trajectory, Creating Value

The United Bank for Africa (UBA) Plc has assured shareholders and investors of its unwavering commitment to sustain its current growth trajectory even as its efforts at business diversification across Africa and

Uduegbunam Chukwujama

3 years ago

Business·Latest News

Savannah Acquisition In Jeopardy As Lekoil Shareholder Files Winding-up Petition

Lekoil Nigeria Limited has filed a petition in the Grand Court of Cayman Island to request a just and equitable winding up of Lekoil Cayman to avert value loss by shareholders of

Chimara Bygold

3 years ago

Business

Banks Enter CBN ‘Net’, Bag N800m Fine Over Crypto Transactions

Three Deposit Money Banks in Nigeria have violated Central Bank of Nigeria (CBN’s) order barring customers from transacting in cryptocurrencies, ncurringt N800m fine. A report by Bloomberg released on Wednesday read that

PBA Reporter

3 years ago

Business·Latest News·Oil & Gas·Top Stories

Lekoil Nigeria Secures Court Injunction Against Lekoil Limited, Savannah Energy On Share Value Dilution

Following the announcement of 28 February 2022 by Lekoil Limited that it had entered into an agreement with Savannah Energy Investments Limited, a subsidiary of Savannah Energy PLC, Lekoil Nigeria Limited has

Uduegbunam Chukwujama

3 years ago

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Business - Page 570

Anxiety As Global food Prices Rise To highest Level Ever

IMF Warns Nigeria, Others Of High Risk Of Debt Distress

Currency In Circulation Falls By N42.43bn In Two Months

Thales launches its sixth Cyber Security Operations Center in Morocco to serve the African continent

NDIC Deploys Single Customer View Platform To MFBs, Gives Reasons

Why Access Bank’s Takeover Bid For First Guarantee Pensions Fails On CAMA – Lawyer

Elumelu At UBA’s 60th AGM Upholds Commitment To Exceeding Growth Trajectory, Creating Value

Savannah Acquisition In Jeopardy As Lekoil Shareholder Files Winding-up Petition

Banks Enter CBN ‘Net’, Bag N800m Fine Over Crypto Transactions

Lekoil Nigeria Secures Court Injunction Against Lekoil Limited, Savannah Energy On Share Value Dilution

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