Victor Ezeja, Author at Prime Business Africa

Naira Ends Week With N59.71 Gain At Official Market

Naira Records Four-month High Of N1,520 At Official Market

The Nigerian naira on Wednesday, 9 July, recorded a four-month high of N1,520 per dollar at the official foreign exchange market. The last time the naira traded around that range was on

Victor Ezeja

July 10, 2025

News

Senate Probes ₦1.3 Trn CBEX Collapse, Vows Crackdown On Ponzi Schemes

The Nigerian Senate has launched an investigation into Ponzi schemes, including the collapse of the Crypto Bullion Exchange (CBEX), which allegedly defrauded investors of over ₦1.3 trillion. The Senate’s inquiry, announced in

Victor Ezeja

July 9, 2025

Business·Oil & Gas

Nigeria’s Oil Rig Count Rises By 38 To 46 In Two Years – NUPRC Boss

Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr Gbenga Komolafe, has stated that Nigeria’s oil rigs have risen to 46 from eight in the last two years. This increase

Victor Ezeja

July 9, 2025

Finance & Economy

Naira Stability: Analysts Project Nigeria’s FX Reserves To Hit $41bn By Year End

Analysts have projected that with the naira continuing its gains, Nigeria’s foreign exchange (FX) reserves would reach $41 billion by the end of the year, slightly more than what was recorded in 2024.

Victor Ezeja

July 9, 2025

News

UAE Bans Transit Visas For Nigerian Travellers, Imposes Tougher Entry Conditions

The United Arab Emirates (UAE) has introduced stringent new visa restrictions for Nigerian travelers, including a ban on transit visas and stricter financial requirements for tourist visas. The ban on transit visa

Victor Ezeja

July 9, 2025

News

UK Begins Issuing eVisas To Nigerian Study, Work Applicants

In a significant shift, the United Kingdom (UK) has rolled out a digital platform where Nigerians applying for study or work visas will receive electronic visas (eVisas) rather than the traditional physical

Victor Ezeja

July 9, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 9th July 2025

What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian naira (NGN) in the parallel market, also known

Victor Ezeja

July 9, 2025

Dangote Petrol Price Cut: We Expected Lower Price – Nigerians

Business·Oil & Gas

Again, Dangote Refinery Slashes Petrol Ex-depot Price To ₦820

Dangote Refinery has further reduced its ex-depot price of Premium Motor Spirit (PMS), also known as petrol, to ₦820. This is the second reduction by the company in a week. It had

Victor Ezeja

July 8, 2025

Business·Oil & Gas

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

Dangote Refinery expects to start processing only Nigerian crude oil by the end of 2025. Devakumar Edwin, Vice President of Oil and Gas at Dangote Industries, made this known in an interview

Victor Ezeja

July 8, 2025

News

Enugu Air Will Create Jobs, Access To Markets – Gov Mbah

Enugu State Governor, Peter Ndubuisi Mbah, has stated that the newly launched Enugu Air was established to create jobs for young people, access to markets, clients, and capital for businesspeople, and provide

Victor Ezeja

July 8, 2025

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Victor Ezeja

Naira Records Four-month High Of N1,520 At Official Market

Senate Probes ₦1.3 Trn CBEX Collapse, Vows Crackdown On Ponzi Schemes

Nigeria’s Oil Rig Count Rises By 38 To 46 In Two Years – NUPRC Boss

Naira Stability: Analysts Project Nigeria’s FX Reserves To Hit $41bn By Year End

UAE Bans Transit Visas For Nigerian Travellers, Imposes Tougher Entry Conditions

UK Begins Issuing eVisas To Nigerian Study, Work Applicants

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 9th July 2025

Again, Dangote Refinery Slashes Petrol Ex-depot Price To ₦820

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

Enugu Air Will Create Jobs, Access To Markets – Gov Mbah

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