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Business - Page 206

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Exchange Rates For Dollar Increase Across Parallel, Official Markets

In the black market on Thursday, December 18, the naira depreciated against the United States dollar (USD) by 0.13 percent to N1,489.01/$1, from the N1,487.01/$1 reported on Wednesday, December 17. According to Naira Rates data, while the foreign exchange (FX) rate for

December 18, 2025

Dangote Refinery Targets 100% Evacuation Of Products Through Sea

Business·News·Oil & Gas

NNPCL Deploys 300 Trucks To Load Petrol At Dangote Refinery

Few hours before the scheduled commencement of supply of petrol by Dangote Refinery in Ibeju-Lekki, Lagos, the Nigeria National Petroleum Company Limited (NNPCL), has deployed not less than 300 trucks to the refinery’s gantry to load the product. NNPCL’s Chief Corporation Communication

September 14, 2024

Business·News·Oil & Gas

I’m Ready To Lose Money To Give Nigerians Cheap Fuel – Dangote

President of Dangote Group, Alhaji Aliko Dangote, has said he is ready to endure economic losses to ensure that Nigerians get cheap fuel supply. As part of the agreements reached with the Nigeria National Petroleum Company Limited (NNPCL), Dangote has accepted to

September 14, 2024

Dangote Refinery: Of Hopes, Drools And Jokes

Business·Oil & Gas

NNPCL Will Be Sole Offtaker Of Dangote Refinery Petrol – Nigerian Govt

The Nigerian government has said all arrangements have been concluded for the sale of crude oil in naira to Dangote Refinery and other local refineries and also sale of refined petroleum products in naira. It also clarified that Dangote Refinery will sell

September 14, 2024

Gold Prices Surge To $2,570 Per Ounce As Investors Eye Fed’s Next Move

Business·Markets·News·World News

Gold Prices Surge To $2,570 Per Ounce, Investors Eye Fed’s Next Move

Gold Prices Reach New High Amid Interest Rate Speculation Gold prices have soared to an all-time high, reaching $2,570 per ounce on Friday in London trade. This sharp rise is largely attributed to growing speculation that the United States Federal Reserve is

September 14, 2024

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

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 14th September 2024

What is the Dollar to Naira Exchange rate at 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 as black market, especially the Aboki fx as

September 14, 2024

Business·Markets·News

Japaul Lists 8bn Shares At N2.5k Per Share As Gold Mining Prospects Brighten

Japaul Gains SEC Approval for Special Placement Japaul Gold & Ventures Plc has announced that it secured approval from the Securities and Exchange Commission (SEC) for the Special Placement of 8 billion units of new shares at N2.50kobo. This move aims to

September 14, 2024

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Markets·News

Nigeria’s Equity Market Sees 1.06% Growth As Investors Focus On Banking, Oil Stocks

Equity Market Gains Driven by Banking and Oil Stocks Nigeria’s equity market experienced significant growth in the trading week ending on Friday, 13th September, rising by 1.06%. The increase followed three days of positive performance, which outweighed two declines. Investors’ interest in

September 14, 2024

Electricity Tariff Hike: NERC Fines Abuja DisCo ₦200m For Violation, Directs Customer Refunds

Business·Power

Abuja DisCo To Pay N1.69bn Fine For Overbilling Customers

The Nigerian Electricity Regulatory Commission (NERC), has mandated the Abuja Electricity Distribution Company (AEDC), to pay a fine of N1.69 billion for over-billing customers and failing to comply with estimated bill caps. This comes five months after NERC imposed a fine of

September 14, 2024

Fuel Price Racketeering: Dangote Must Do More for Nigerians

Business·News·Oil & Gas

Marketers To Start Lifting Petrol From Dangote Refinery On Sunday

Dangote Refinery commences distribution of 25 million litres of refined petrol to retail outlets The long-anticipated operation of Dangote Refinery begins this Sunday, with the refinery delivering 25 million litres of refined petrol to retail outlets across Nigeria. This move promises to boost

September 14, 2024

Business·Finance & Economy·News·Oil & Gas

Nigerians Accuse NNPCL Of Attempting To Hijack Dangote Refinery

Nigerians have reacted to the demand by the Nigeria National Petroleum Company Limited (NNPCL) to have a permanent presence at the Dangote Refinery in Lagos, as part of a proposed crude oil supply deal. They expressed misgivings about the new arrangement between

September 13, 2024

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Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

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Business - Page 206

Exchange Rates For Dollar Increase Across Parallel, Official Markets

NNPCL Deploys 300 Trucks To Load Petrol At Dangote Refinery

I’m Ready To Lose Money To Give Nigerians Cheap Fuel – Dangote

NNPCL Will Be Sole Offtaker Of Dangote Refinery Petrol – Nigerian Govt

Gold Prices Surge To $2,570 Per Ounce, Investors Eye Fed’s Next Move

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 14th September 2024

Japaul Lists 8bn Shares At N2.5k Per Share As Gold Mining Prospects Brighten

Nigeria’s Equity Market Sees 1.06% Growth As Investors Focus On Banking, Oil Stocks

Abuja DisCo To Pay N1.69bn Fine For Overbilling Customers

Marketers To Start Lifting Petrol From Dangote Refinery On Sunday

Nigerians Accuse NNPCL Of Attempting To Hijack Dangote Refinery

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Business - Page 206

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