Business - Page 617

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

February 7, 2022

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

February 4, 2022

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

February 4, 2022

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

February 4, 2022

Total Energies’ shareholders lose N6.21bn to decline in investor confidence

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

February 4, 2022

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

February 3, 2022

Africa Banker Awards 2023: Full Nominees List

Business·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

February 2, 2022

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

February 2, 2022

BREAKING NEWS: CNN President, Jeff Zucker Resigns Over Intimate With Staff

Business·World News

BREAKING NEWS: CNN President, Jeff Zucker Resigns Over Intimate Relationship With Staff

CNN President, Jeff Zucker has shocked the media world when he tendered his resignation letter Wednesday, February 2, 2022 because of a secret relationship with a senior colleague which he never told

Queen Nwabueze

February 2, 2022

Business

Flour Mills Announces N25bn Profit, Plans Expansion

Flour Mills of Nigeria Plc has announced a profit before tax of N25bn for a nine-month period. The company recorded solid performance across food, agro-allied and support segments, delivering topline growth of

PBA Reporter

February 2, 2022

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Business - Page 617

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

BREAKING NEWS: CNN President, Jeff Zucker Resigns Over Intimate Relationship With Staff

Flour Mills Announces N25bn Profit, Plans Expansion

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