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Business - Page 612

Dangote Accuses NMDPRA CEO Farouk of Corruption, Claims $5m Paid for Children’s School Fees in Switzerland

Billionaire businessman Aliko Dangote has publicly accused the CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, of corruption, economic sabotage, and lavish personal spending, claiming that Ahmed paid $5 million in tuition fees for his children’s

December 15, 2025

NNPC Has Not Added N20,000 To Federation Account This Year – El-Rufai Says

Business·Oil & Gas

El-Rufai Is Confused – NNPC Limited Slams Kaduna Governor Over Oil Comment

The Nigerian National Petroleum Company, NNPC, Limited has countered the claims made by Governor Nasir El-Rufai of Kaduna State regarding the performance of the oil firm. Prime Business Africa had reported El-Rufai described NNPC Limited as a failure, stating that whatever the

October 14, 2022

Naira Opens Week With Gain Across FX Markets

Business·Currency

Dollar To Naira Exchange Rate: Dollar Gets New Rate, As Demand Overwhelms Black Market, I&E

October 14, 2022 Dollar Rates Update: The cost of buying one dollar at the black market depreciated to N731/$1 on Friday, as the Bureau De Change operators dropped their asking price earlier today. This indicates Naira appreciated against the United States currency

October 14, 2022

Business

DMO Denies Buhari Seeking Debt Restructuring, As Claim Threatens Foreign Investors’ Confidence

The Debt Management Office (DMO) has refuted claims that Nigeria plans to restructure its debt, stating that the Finance Minister of the country, Zainab Ahmed, was misquoted. Bloomberg had reported that Ahmed stated Nigeria will reorganise its debt and extend repayment tenor through

October 14, 2022

AMA News·Business

Building Community Resilience Through Effective Disaster Risk Reduction

The role of disaster risk financing and insurance mechanisms NAIROBI, Kenya, 13 October 2022 -/African Media Agency(AMA)/- The past three years have seen a series of global challenges that have had a fundamental impact on nations, their economies and their citizens. Despite being

October 14, 2022

Business·World News

Concerns For Nigeria, As China Demands N4.71 billion From Kenya Over Loan Repayment Failure

The Chinese government has requested for N4.71 billion (Sh1.312 billion) penalty fee from Kenya, after the government failed to service the loan it obtained to build the Standard Gauge Railway (SGR). Kenya was expected to service the loan in the financial year

October 14, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar To Naira Exchange Rate: Bureau De Change Operators Raise Dollar Rate

October 13, 2022 Dollar Rates Update: On Thursday, the Bureau De Change operators increased the price to buy one dollar, as demand pressure returns to the black market, amid scarcity of forex in Nigeria. The foreign exchange rate reflected naira depreciated by

October 13, 2022

Business

London-based Firm, Wise, Suspends Dollar Transfer To Nigeria, As Dollar Sells Above N700

United Kingdom-based payment company, Wise, has announced that all dollar transfer to Nigeria will beenhas suspended till further notice amid scarcity of foreign exchange in the country. Wise told users in an email that transfer of united States’ dollar to Nigeria will

October 13, 2022

Business·Sports

Victor Osimhen, Ndidi Injury Cost Super Eagles €50.23 million In Market Value

The Super Eagles of Nigeria squad value dropped by -16.3 per cent, according to latest financial rankings of national teams by German-based football database, transfermarkt. This represents a loss of €50.23 million in the market value of the Super Eagles, as their

October 13, 2022

Business·Oil & Gas

NNPC Has Not Added N20,000 To Federation Account This Year – El-Rufai Says

The Nigerian National Petroleum Company, NNPC, Limited has not remitted even N20,000 to the federal account this year according to the Kaduna State Governor, Nasir El-Rufai. El-Rufai revealed this on Thursday, stating that the NNPC Limited should be privatised as it has

October 13, 2022

Business

Setback For CBN, As Reps Stop Godwin Emefiele From Selling Polaris Bank

Members of the House of Representatives have suspended the sale of Polaris Bank by the Central Bank of Nigeria (CBN), following allegations that the apex bank plans to sell the creditor cheaper than the capital invested to resuscitate it. There were reports

October 13, 2022

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SEC Orders Full Registration of Tradable Instruments by January 2026

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

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

What is the dollar-to-naira exchange rate on the black market,

CBN Further Raises Benchmark Interest Rate To 27.25%

CBN Holds Interest Rate At 27% — Fourth Time In 2025

The monetary policy committee (MPC) of the Central Bank of

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Business - Page 612

Dangote Accuses NMDPRA CEO Farouk of Corruption, Claims $5m Paid for Children’s School Fees in Switzerland

El-Rufai Is Confused – NNPC Limited Slams Kaduna Governor Over Oil Comment

Dollar To Naira Exchange Rate: Dollar Gets New Rate, As Demand Overwhelms Black Market, I&E

DMO Denies Buhari Seeking Debt Restructuring, As Claim Threatens Foreign Investors’ Confidence

Building Community Resilience Through Effective Disaster Risk Reduction

Concerns For Nigeria, As China Demands N4.71 billion From Kenya Over Loan Repayment Failure

Dollar To Naira Exchange Rate: Bureau De Change Operators Raise Dollar Rate

London-based Firm, Wise, Suspends Dollar Transfer To Nigeria, As Dollar Sells Above N700

Victor Osimhen, Ndidi Injury Cost Super Eagles €50.23 million In Market Value

NNPC Has Not Added N20,000 To Federation Account This Year – El-Rufai Says

Setback For CBN, As Reps Stop Godwin Emefiele From Selling Polaris Bank

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Dangote Accuses NMDPRA CEO Farouk of Corruption, Claims $5m Paid for Children’s School Fees in Switzerland

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UK Targets Sugary Milk Drinks as Government Tightens Health Levy

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

CBN Holds Interest Rate At 27% — Fourth Time In 2025

Dangote Accuses NMDPRA CEO Farouk of Corruption, Claims $5m Paid for Children’s School Fees in Switzerland

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