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Business - Page 90

Stronger Local Content Policies Key to Unlocking Africa’s Energy Market Value – Ogbe

Nigeria’s Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, says Africa risks losing billions in potential market value unless oil-producing nations hardwire local content policies into their energy strategies. Speaking at the 4th African Petroleum

November 6, 2025

Africa·Business·Oil & Gas

Full List: African Countries With The Highest Fuel Prices In March

The cost of fuel continues to rise in many African countries, affecting transportation, businesses, and household expenses. According to data from GlobalPetrolPrices, several African nations experienced significant fuel price increases in March 2025 due to global oil market changes, currency depreciation, and

March 18, 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 18th March 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 as black market, as of 18th March 2025 is N1,585

March 18, 2025

Business·Markets

Nigeria’s Stock Market Declines By 0.15% As Investors Sell Off Equities

Nigeria’s stock market opened the week on a negative note, recording a 0.15% decline on Monday. Equities value dropped by N8 billion at the close of trading, reflecting increased sell-offs by investors. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) declined from

March 18, 2025

Business·Finance & Economy

Food Inflation In Nigeria Drops To 23.51%, But Prices Remain High

Nigeria’s food inflation rate slowed to 23.51% in February 2025, a sharp drop from the 37.92% recorded in February 2024, according to the latest Consumer Price Index (CPI) report from the National Bureau of Statistics (NBS). The decline signals a slowdown in

March 17, 2025

AMA News·Business

RegTech Africa Conference 2025 – Catalyzing the Future of Fintech Innovation in Africa

LAGOS, Nigeria, 17th March 2025 /African Media Agency (AMA)/- Africa’s fintech landscape is evolving at an unprecedented pace, presenting both opportunities and challenges for startups looking to scale and redefine financial services. As regulatory complexities, cross-border payment inefficiencies, and investment hurdles persist,

March 17, 2025

Business·FEATURES·Markets

Naira Vs Dollar: What To Expect This Week (17th-22nd, March 2025)

The naira has been struggling against the dollar in recent months, reflecting the economic realities of the country. On Friday, March 14, 2025, the naira depreciated further, hitting N1,590 per dollar in the parallel market. This marked a new low for the

March 17, 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 17th March 2025

March 17, 2025

Business·Markets

Nigeria’s Foreign Trade Surplus Hits $50.4 Billion: Who Gains As Naira Depreciates?

In 2024, Nigeria’s foreign trade surplus soared to an unprecedented $50.4 billion, marking a significant milestone in the nation’s economic history. This surge, as reported by the National Bureau of Statistics (NBS), was driven by a substantial increase in exports, which reached

March 16, 2025

Africa·Business·Oil & Gas

Fuel Crisis: How Nigeria Became Niger’s Lifeline In Time Of Scarcity

Niger Republic is experiencing a severe fuel crisis, forcing its military-led government to turn to Nigeria for emergency supplies. Despite months of diplomatic tensions between the two countries, Nigeria has approved the delivery of 300 trucks of petrol to its northern neighbour.

March 16, 2025

Business·Climate Change & Sustainability

How Lagos $29 Billion Climate Crisis Threatens Infrastructure, Food Security

Lagos, Nigeria’s commercial hub, is facing a growing climate crisis that threatens its economy, infrastructure, and food security. A new report by the Lagos State Ministry of Planning and Budget, The Lagos Economic Development Update (LEDU) 2025, warns that climate change could

March 16, 2025

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Business - Page 90

Stronger Local Content Policies Key to Unlocking Africa’s Energy Market Value – Ogbe

Full List: African Countries With The Highest Fuel Prices In March

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 18th March 2025

Nigeria’s Stock Market Declines By 0.15% As Investors Sell Off Equities

Food Inflation In Nigeria Drops To 23.51%, But Prices Remain High

RegTech Africa Conference 2025 – Catalyzing the Future of Fintech Innovation in Africa

Naira Vs Dollar: What To Expect This Week (17th-22nd, March 2025)

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 17th March 2025

Nigeria’s Foreign Trade Surplus Hits $50.4 Billion: Who Gains As Naira Depreciates?

Fuel Crisis: How Nigeria Became Niger’s Lifeline In Time Of Scarcity

How Lagos $29 Billion Climate Crisis Threatens Infrastructure, Food Security

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