Business - Page 638

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

Moving Goods Locally In Nigeria Over 500% Costlier Than US – World Bank

The World Bank has disclosed that it costs more to move goods locally in Nigerian than in the United States of America, stating that the cost of moving goods (per unit distance)

PBA Reporter

November 9, 2021

Business

Nigeria’s Private Sector Borrowing Rises to N33.8 Trillion – Report

Reports claim that Nigeria’s private sector’s borrowing had risen to N33.8 trillion as of September 2021, making it the highest of all times. The data contained in the Central Bank’s money and

PBA Reporter

November 8, 2021

Business

Private sector activity continues to expand but intense cost pressures weigh on growth – Stanbic IBTC MPI report

Nigeria’s private sector concluded the third quarter of 2021 with a modest expansion in business conditions. Quicker uplifts were seen in new orders, employment and stocks of purchases, but output growth moderated

PBA Reporter

November 8, 2021

Business

Stock market closes on negative note as investors take profits in banking

The Nigerian Stock Market last week closed on a negative note as investors took profits in oil and gas, banking and consumer goods stocks. Primebusiness.africa can report that the market incurred losses

PBA Reporter

November 8, 2021

AMA News·Business

Agri Resources Group – Promoting sustainable agriculture as a response to the global pandemic

LONDON, UK, November 8, 2021 -/African Media Agency(AMA)/- As we approach the two-year mark since the beginning of the global pandemic, many from the public and private sector are coming together with the common

Prime Business Africa

November 8, 2021

Business

Nigeria Records $10.1b Investment Announcement – Minister

Otunba Adeniyi Adebayo, Minister of Trade and Industry, has disclosed that Nigeria’s economy recorded $10.1billiom investment announcement which was a-100 per cent increase over that of last year. Adebayo made this known at

PBA Reporter

November 8, 2021

Business

Pensioners Asked to Allow Operators to Manage 75% of Retirees’ Balance

Pensioners have been asked to support pension managers and allow them to manage the remaining 75 per cent of their Retirement Savings Accounts when they retire in order to guarantee them regular

PBA Reporter

November 8, 2021

AMA News·Business

Africa’s digital media disruptors ‘punching above their weight,’ achieving societal impact on shoestring budgets, amid ongoing threats

· Report based on interviews with 200 digital native media in Africa, Latin America and Southeast Asia provides key lessons for growing sector · More than 85% of African media interviewed have contributed to ‘significant

Prime Business Africa

November 5, 2021

Business

MTN, Airtel Receive Approval to Operate Payment Service Bank

MTN Nigeria and Airtel Africa Plc have received approval in principle to operate a Payment Service Bank (PSB) in the country. The two leading telcos disclosed in regulatory filings on the Nigerian

PBA Reporter

November 5, 2021

Business

POS Transactions in Nigeria Drop to N552.3 Billion in October

POS transactions in Nigeria dropped marginally by 0.74% to N552.26 billion in October 2021 compared to N556.36 billion recorded in the previous month. This was contained in a Nigeria Inter-Bank Settlement System

PBA Reporter

November 5, 2021

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Business - Page 638

Moving Goods Locally In Nigeria Over 500% Costlier Than US – World Bank

Nigeria’s Private Sector Borrowing Rises to N33.8 Trillion – Report

Private sector activity continues to expand but intense cost pressures weigh on growth – Stanbic IBTC MPI report

Stock market closes on negative note as investors take profits in banking

Agri Resources Group – Promoting sustainable agriculture as a response to the global pandemic

Nigeria Records $10.1b Investment Announcement – Minister

Pensioners Asked to Allow Operators to Manage 75% of Retirees’ Balance

Africa’s digital media disruptors ‘punching above their weight,’ achieving societal impact on shoestring budgets, amid ongoing threats

MTN, Airtel Receive Approval to Operate Payment Service Bank

POS Transactions in Nigeria Drop to N552.3 Billion in October

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