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Business - Page 91

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

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th 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 16th March 2025 is N1,595

March 16, 2025

Business

What EU’s €46 Million Social Protection Fund Means For Nigerians

The European Union (EU) has pledged €46 million towards the “Sustainable Social Protection System in Nigeria” programme in a move to bolster Nigeria’s social welfare infrastructure. This initiative, launched at the United Nations House in Abuja, aims to enhance the country’s social

March 16, 2025

Business·Real Estate

Can N101.6 Billion Allocation For Housing Projects Solve Real Estate Crisis In Lagos?

Lagos State has allocated N101.6 billion for housing and community amenities in its 2025 budget, marking an 81.69% increase from the previous year’s N55.92 billion allocation. This substantial investment aims to tackle the city’s significant housing deficit, which has been a growing

March 15, 2025

Business·Oil & Gas

Dangote Vs NNPCL: Petrol Price War Leaves Independent Marketers Struggling

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised concerns over the ongoing petrol price war between Dangote Refinery and the Nigerian National Petroleum Company Limited (NNPCL). Marketers say frequent price changes are making it difficult for them to stay in

March 15, 2025

Business·News

How Tech Revolution Forced Transgreen To Invest In Medical Consumables – MD

Managing Director of Transgreen Nigeria Limited, Mr Cyprian Orakpo, has highlighted the company’s transformation journey from manufacturing and sales of audio and video tapes to investing in production of medical consumables. Behind every successful enterprise, management experts have said, lies tales of

March 15, 2025

Business·Oil & Gas

Seven Solutions To Boost Nigeria’s Oil Production

Nigeria’s oil sector has long struggled with declining production, theft, and underutilised refining capacity. The government has set an ambitious goal of increasing Nigeria’s oil production by one million barrels per day (bpd) by December 2026. While security measures against oil theft

March 15, 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 15th March 2025

March 15, 2025

Business·Markets

Nigeria’s Stock Market Declines As Investors Lose N366bn In One Week

Nigeria’s stock market recorded a significant loss of N366 billion in the trading week ending Friday, March 14. Despite some gains in insurance and consumer goods stocks, the market’s performance remained weak. Major losses came from banking, industrial, and oil & gas

March 15, 2025

Business·Finance & Economy

10 Sectors In Nigeria With The Lowest GDP Growth Rate

Nigeria’s GDP growth rate improved in the fourth quarter of 2024, reaching 3.84% compared to 3.46% in the previous quarter. However, not all sectors contributed significantly to this growth. According to the National Bureau of Statistics, some industries recorded minimal expansion, reflecting

March 15, 2025

Business·News·Oil & Gas

Renaissance Fully Takes Over Shell’s $2.4bn Onshore Asset In Nigeria

Shell has finally completed the sale of its Nigerian onshore subsidiary, Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance Africa Energy Holdings. In separate statements on Thursday, both energy firms confirmed completion of the deal worth about $2.4 billion. With

March 14, 2025

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Business - Page 91

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

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th March 2025

What EU’s €46 Million Social Protection Fund Means For Nigerians

Can N101.6 Billion Allocation For Housing Projects Solve Real Estate Crisis In Lagos?

Dangote Vs NNPCL: Petrol Price War Leaves Independent Marketers Struggling

How Tech Revolution Forced Transgreen To Invest In Medical Consumables – MD

Seven Solutions To Boost Nigeria’s Oil Production

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 15th March 2025

Nigeria’s Stock Market Declines As Investors Lose N366bn In One Week

10 Sectors In Nigeria With The Lowest GDP Growth Rate

Renaissance Fully Takes Over Shell’s $2.4bn Onshore Asset In Nigeria

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