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Finance & Economy - Page 10

U.S. Seizes Sanctioned Venezuelan Oil Tanker, Escalating Tensions

The United States has seized a sanctioned Venezuelan oil tanker off the country’s coast, President Trump announced Wednesday, escalating tensions with Caracas and sending oil prices higher. “We’ve just seized a tanker on the coast of Venezuela, very large, largest one ever,”

December 11, 2025

Agro-Economy·Business

Shea Nut Ban Threatens Livelihoods, Investor Confidence – CPPE Warns

The Centre for the Promotion of Non-public Enterprise (CPPE) has warned that the six-month ban on raw shea nut exports by the Nigerian government poses a significant threat to the livelihoods of rural dwellers, the country’s non-oil export, and investor confidence. The

September 15, 2025

Business·Oil & Gas

Marketers Rattled As Dangote Refinery Begins Free Fuel Supply, Slashes Petrol Price

The Dangote Petroleum Refinery’s initiative to begin free direct fuel distribution to retailers starting 15 September 2025 has significantly disrupted Nigeria’s downstream oil sector. While promising cost savings and increased efficiency, this move has elicited mixed reactions from marketers, labour unions, and

September 12, 2025

Africa·News·Oil & Gas

From Gas to Power: Sahara Executives Named Among Africa’s Energy Rising Stars

Two senior executives from Sahara Group, a leading international energy and infrastructure conglomerate, have been named among the African Energy Chamber’s 2025 “20 Under 40 Energy Women Rising Stars,” an accolade that highlights their contributions to Africa’s energy sector and the continent’s

September 11, 2025

Business·Finance & Economy·News

Sharia-Compliant Finance Assets Poised to Surpass $7.5 Trillion – HF Quarters

The global Islamic finance market is experiencing unprecedented momentum, says Mindaugas Suklevicius, founder and Fund Manager at HF Quarters. Suklevicious, in an exchange with Prime Business Africa on Wednesday, said the industry, valued at about $5.5 trillion in 2024, was projected to

September 11, 2025

Global Oil Prices Rise To $73.05/ Barrel As Market Prepares For 2024 Outlook

Business·Oil & Gas

Oil Rises Amid Geopolitical Tensions and Rate Cut Prospect

Oil is rebounding for the second consecutive day, gaining more than 0.80% today after hitting its lowest levels since June last week. The upward move is largely driven by a mix of geopolitical risks in light of both U.S.–Venezuela tensions and OPEC+

September 9, 2025

News·Oil & Gas

Kachikwu Pushes for $1bn NCI Fund, Tougher Oil Block Rules

Former Minister of State for Petroleum Resources, Prof. Emmanuel Ibe Kachikwu, has called for the Nigerian Content Intervention (NCI) Fund to be doubled from its current $450 million to $1 billion.

September 9, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 9th September 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 the black market, as of 9th September 2025, is

September 9, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 8th September 2025

September 8, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 6th September 2025

September 6, 2025

News·Oil & Gas

Fuel Scarcity Looms as Oil Workers, Dangote Refinery Clash – PTD Counters Strike Call

Nigeria’s fuel supply chain faces fresh uncertainty as the Petroleum Tanker Drivers (PTD) branch of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) threatened an indefinite strike from September 8 over a growing rift with the management of the Dangote

September 6, 2025

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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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Finance & Economy - Page 10

U.S. Seizes Sanctioned Venezuelan Oil Tanker, Escalating Tensions

Shea Nut Ban Threatens Livelihoods, Investor Confidence – CPPE Warns

Marketers Rattled As Dangote Refinery Begins Free Fuel Supply, Slashes Petrol Price

From Gas to Power: Sahara Executives Named Among Africa’s Energy Rising Stars

Sharia-Compliant Finance Assets Poised to Surpass $7.5 Trillion – HF Quarters

Oil Rises Amid Geopolitical Tensions and Rate Cut Prospect

Kachikwu Pushes for $1bn NCI Fund, Tougher Oil Block Rules

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 9th September 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 8th September 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 6th September 2025

Fuel Scarcity Looms as Oil Workers, Dangote Refinery Clash – PTD Counters Strike Call

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Benin Government Confirms Attempted Coup Has Been Foiled, Talon Safe

Africa Not Rising: Ex-Nigerian Central Bank Official Blames ‘GDP Delusion’

Tony Blair, Barrack Obama, Boris Johnson, Others Turn Speaking Tours into Six‑Figure Windfalls

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Obasanjo’s Rare Villa Appearance, Cleric’s Call for Selfless Service Steal Spotlight at 2025 Christmas Carols

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SEC Orders Full Registration of Tradable Instruments by January 2026

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

Obasanjo’s Rare Villa Appearance, Cleric’s Call for Selfless Service Steal Spotlight at 2025 Christmas Carols

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Finance & Economy - Page 10

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