Business - Page 341

NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

U.S. Investors Seek New Collaboration In Nigeria’s Capital Market

A high-profile delegation of United States institutional investors, led by Cameron Khowsroshahi, Senior Investment Advisor for Prosper Africa, expressed their interest in expanding their investments in Nigeria’s capital market. The delegation made

Emmanuel Ochayi

October 12, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency·News

Naira-Dollar Exchange Rate Hits N1,040 In Parallel Market As Scarcity Grows

The exchange rate between the Nigerian Naira and the US Dollar has taken a plunge, reaching N1,040 at the parallel market. This latest development stems from the battle between soaring demand and

Emmanuel Ochayi

October 11, 2023

Business·News·Oil & Gas

Oil Assets Divestments Will Boost Production, Employment – Wabote

The Nigerian oil and gas industry is poised for a boost in crude oil production, employment creation, and capital injection with the planned divestment of some assets by select international oil and

Admin

October 11, 2023

Business·News

MMA2 to Implement Tariff Adjustments In Car Park, VIP Lounge From November

Murtala Muhammed Airport Terminal Two (MMA2), operated by Bi-Courtney Aviation Services Limited (BASL), has announced that it will adjust car park and VIP lounge tariffs from November 1st 2023. In a statement

Emmanuel Ochayi

October 11, 2023

Business·Oil & Gas

Nigerian Regulator Upbeat As Seplat Speeds Up $1.3bn ExxonMobil Asset Purchase Deal

Seplat Energy Wednesday expressed optimism on finalizing talks that will allow it to conclude the deal to purchase ExxonMobil’s offshore shallow water assets. This is as the regulator, the Nigerian Upstream Petroleum

Victor Ezejaand

Admin

October 11, 2023

Presidential Committee Proposes Tax On Unofficial Forex Transactions

Business·News

Ease Of Doing Business: Nigerian Govt Plans Slashing 62 Taxes To 9

Mr. Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms has revealed plans by the Tinubu administration to reduce Nigeria’s current web of 62 taxes to a mere nine, in

Emmanuel Ochayi

October 11, 2023

Breaking: Senate Confirms Cardoso As CBN Governor, 4 Deputies

Business

CBN Sustains Market Intervention To Stabilize Exchange Rates, Announces New Measures

In its half-year financial markets report, the Central Bank of Nigeria (CBN) revealed that it has maintained efforts to alleviate demand pressures and ensure exchange rate stability. Mr. Fola Shonubi, the then

Emmanuel Ochayi

October 11, 2023

Business

ECA Predicts $195bn Intra-Africa Trade On AfCFTA Implementation

The Economic Commission for Africa (ECA) has predicted that the full implementation of the African Continental Free Trade Area (AfCFTA) will elevate intra-Africa trade to $195 billion by 2045, as compared to

Emmanuel Ochayi

October 11, 2023

Senate Speedily Passes N2.176trn Supplementary Budget, Cites Dry Season As Reason

Business·Oil & Gas

Senate Demands Stiffer Punitive Measures As Nigeria Loses N2.3trn To Crude Oil Theft

Senator Ned Nwoko has disclosed that Nigeria has suffered a loss of N2.3 trillion due to crude oil theft in 2023. Disclosing this yesterday, he emphasized that the socio-economic impact of pipeline

Emmanuel Ochayi

October 11, 2023

NNPC Doesn’t Have Fuel To Sell – Oil Marketers’ Depot Chairman Says

Business·Oil & Gas

NNPCL Lying To Nigerians, Country Will Burn Without Fuel Subsidy – Oil Marketers

Oil marketers in the country under the aegis of Independent Petroleum Marketers Association of Nigeria (IPMAN) has accused the Nigerian National Petroleum Company Limited (NNPCL) of twisting the facts as regards the

Victor Ezejaand

Admin

October 11, 2023

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Business - Page 341

U.S. Investors Seek New Collaboration In Nigeria’s Capital Market

Naira-Dollar Exchange Rate Hits N1,040 In Parallel Market As Scarcity Grows

Oil Assets Divestments Will Boost Production, Employment – Wabote

MMA2 to Implement Tariff Adjustments In Car Park, VIP Lounge From November

Nigerian Regulator Upbeat As Seplat Speeds Up $1.3bn ExxonMobil Asset Purchase Deal

Ease Of Doing Business: Nigerian Govt Plans Slashing 62 Taxes To 9

CBN Sustains Market Intervention To Stabilize Exchange Rates, Announces New Measures

ECA Predicts $195bn Intra-Africa Trade On AfCFTA Implementation

Senate Demands Stiffer Punitive Measures As Nigeria Loses N2.3trn To Crude Oil Theft

NNPCL Lying To Nigerians, Country Will Burn Without Fuel Subsidy – Oil Marketers

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