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Business - Page 85

PMS Market Deregulation Will Boost Supply – Edun

Nigeria’s Eurobond Sale Draws Unprecedented Global Demand, Raises $2.35bn

Nigeria has raised $2.35 billion from its latest Eurobond issuance, marking the country’s largest-ever orderbook with bids exceeding $13 billion from global investors. The Debt Management Office (DMO) confirmed on Wednesday that the dual-tranche issuance comprised a $1.25 billion “long 10-year” bond

November 6, 2025

Business·News·Oil & Gas

Dollar-for-Crude: PETROAN Rejects Dangote Refinery’s Dollar Sale Policy

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has strongly opposed the decision of Dangote Petroleum Refinery to sell refined petroleum products in dollars. The association is urging the Federal Government to prevent the refinery from enforcing the dollar-based pricing

March 26, 2025

Business·FEATURES·Oil & Gas

What Happens If NNPC Ends Naira-For-Crude? Risks, Alternatives

The Naira-for-Crude policy has been a key part of Nigeria’s strategy to stabilise petrol prices and manage inflation. The Nigerian National Petroleum Company Limited (NNPCL) has been selling crude oil to local refiners in naira, instead of dollars, allowing fuel to be

March 26, 2025

Business·Oil & Gas

Six Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year

After a remarkable 170% gain in 2024, Nigeria’s Oil & Gas sector is now the worst-performing index on the Nigerian Exchange Limited (NGX). As of March 21, 2025, the NGX Oil & Gas Index has dropped by 7.82% year-to-date (YTD), surpassing the

March 26, 2025

Business·News

Five Countries Nigeria Imported Most Goods From In Q4, 2024

Nigeria, with a population of over 200 million, depends heavily on imports to meet domestic demand, particularly for machinery, petroleum products, pharmaceuticals, and food supplies. The country’s reliance on foreign goods is influenced by global trade dynamics, currency fluctuations, and government policies

March 26, 2025

Business·Markets

Nigeria’s Equity Market Gains For Second Time This Week As Stocks Rise By 0.04%

The Nigerian equity market continued its upward trend on Tuesday, gaining 0.04% as the value of listed stocks increased by N26 billion. The Nigerian Exchange Limited (NGX) recorded a rise in both the All-Share Index (ASI) and market capitalisation, reflecting renewed investor

March 26, 2025

Business·Finance & Economy

CBN Making Progress In Curbing Inflation, Stabilising FX Market, Says Cardoso

The Central Bank of Nigeria (CBN) is making progress in stabilising the foreign exchange (FX) market and reducing inflation, according to Governor Olayemi Cardoso. He made this statement while hosting scholars from the Harvard Kennedy School (HKS) at the CBN headquarters in

March 25, 2025

Business·Oil & Gas

Naira-for-crude Deal Could Have Negative Impact On Nigeria’s Economy – Depot Owners

Executive Secretary of the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), Olufemi Adewole, has warned that continuing with the implementation of the naira-for-crude policy could have a negative impact on Nigeria’s economy. Oluwole stated that the sale of crude oil

March 25, 2025

AMA News·Business

Minor Hotels Reveals New Masterbrand Strategy Driven By Digital, Loyalty And Distribution

Minor Hotels’ guest-facing pivot, supported by a new brand identity, enhanced digital experience, and simplified loyalty and B2B propositions, fuels strategic growth JOHANNESBURG, South Africa, 25 March 2025-/African Media Agency (AMA)/- Minor Hotels has unveiled its evolution into a guest-facing masterbrand and reinforced

March 25, 2025

Business·News·Oil & Gas

Dangote Refinery Boosts U.S. Jet Fuel Supply As Demand Rises

Nigeria’s Dangote Refinery has increased jet fuel exports to the United States, helping to stabilise prices as demand reaches a two-year high. The 650,000 barrels-per-day (bpd) refinery, the largest in Africa, has emerged as a key supplier in the global market. By

March 25, 2025

5 Ways Fintech Users Can Protect Themselves From Growing Online Fraud

Business·Technology

Five Ways Fintech Users Can Protect Themselves From Growing Online Fraud

Online fraud is a growing concern for fintech users, businesses, and financial institutions. Cybercriminals are using sophisticated methods to steal personal and financial information. From phishing emails to data breaches, both individuals and companies face significant risks. Protecting sensitive data requires awareness

March 25, 2025

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Business - Page 85

Nigeria’s Eurobond Sale Draws Unprecedented Global Demand, Raises $2.35bn

Dollar-for-Crude: PETROAN Rejects Dangote Refinery’s Dollar Sale Policy

What Happens If NNPC Ends Naira-For-Crude? Risks, Alternatives

Six Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year

Five Countries Nigeria Imported Most Goods From In Q4, 2024

Nigeria’s Equity Market Gains For Second Time This Week As Stocks Rise By 0.04%

CBN Making Progress In Curbing Inflation, Stabilising FX Market, Says Cardoso

Naira-for-crude Deal Could Have Negative Impact On Nigeria’s Economy – Depot Owners

Minor Hotels Reveals New Masterbrand Strategy Driven By Digital, Loyalty And Distribution

Dangote Refinery Boosts U.S. Jet Fuel Supply As Demand Rises

Five Ways Fintech Users Can Protect Themselves From Growing Online Fraud

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Business - Page 85

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