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Finance & Economy - Page 101

Venezuela Says U.S. Oil Sales Proceed Commercially as Revenues Climb Into Billions

Venezuela’s interim president, Delcy Rodríguez, has defended recent crude oil sales to the United States as strictly commercial transactions conducted through the state oil company, Petróleos de Venezuela, S.A. (PDVSA), insisting that pricing mechanisms follow international norms and that proceeds are being

February 13, 2026

Finance & Economy·Opinion

Nigeria Week Ahead: Inflation, Naira And Oil In Focus

Some semblances of stability have returned to global markets after US recession fears created shockwaves last week. Still, concerns over the health of the world’s largest economy linger with investors on high alert ahead of another busy week. With the US elections

August 12, 2024

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

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 12th August 2024

What is the Dollar to Naira Exchange rate at 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, especially the Aboki fx as

August 12, 2024

US Dollar's Share In Global Reserves Drops To 59% As BRICS Pushes De-Dollarization

Currency·News·World News

US Dollar Share In Global Reserves Drops To 59% As BRICS Pushes De-Dollarisation

US Dollar’s Global Reserve Share Falls to 59% in 2024 The US dollar, long considered the world’s leading reserve currency, has seen a significant decline in its share of global reserves. In 2024, the dollar’s share dropped to 59%, a notable decrease

August 12, 2024

SERAP sues Tinubu, govs over cybercrime law abuse

Business·Finance & Economy·News

SERAP Urges Tinubu To Investigate Alleged Mismanagement Of $1.5 Billion World Bank Loan

SERAP Demands Accountability for World Bank Loan The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to take decisive action in investigating the alleged mismanagement of a $1.5 billion World Bank loan meant for poverty reduction and social

August 12, 2024

Elumelu’s Transcorp Power Records 55.4% Revenue Increase In Q1

Business·News·Oil & Gas

Elumelu To Nigerian Govt: Tell Us Those Behind Oil Theft

The Chairman Of United Bank for Africa and Heirs Holdings, Tony Elumelu, has charged the Federal Government and security operatives to tell Nigerians those behind oil theft, which has over the years kept crude production below output target. The billionaire business and

August 11, 2024

Presidency Foreign Trips: Tinubu Fiddles While Nigeria Burns – Atiku

News·Oil & Gas

We Must Stand Against Attempts To Frustrate Dangote Refinery – Atiku Charges Nigerians

Former Nigeria’s Vice President, Atiku Abubakar, has called for a decisive stand against any attempt to frustrate the Dangote Refinery. According to Atiku, the Dangote Refinery is “a significant private sector project positioned to meet our energy and forex needs,” and warned

August 11, 2024

Naira Falls To ₦1,530/$ At Official Market After Public Holiday

Business·Currency·News

Naira Rises Against Dollar, Ends Week On Positive Note

The naira value has further risen against the dollar, at official market, thereby ending the week on positive note. According to data obtained from the FMDQ Securities and Exchange, the official trading platform of the Nigerian Autonomous Foreign Exchange Market (NAFEM), the

August 10, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 9th August 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki FX? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market, especially the Aboki fx as of 9th August 2024 is

August 9, 2024

Dangote Refinery: Fueling Nigeria's Economic Resurgence or Monopoly Menace?

Business·News·Oil & Gas

Dangote Refinery’s Supplies Will Disrupt Europe’s Oil & Gas Industry – OPEC

The Organisation of Petroleum Exporting Countries (OPEC), has noted that supplies from 650,000bpd capacity Dangote Refinery and Petrochemical Company will put pressure on the performance of Europe’s oil industry, especially the Northwest Europe (NWE) Gasoil. OPEC in its newly released monthly Oil

August 8, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 8th August 2024

August 8, 2024

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Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

U.S. President Donald Trump has threatened to impose 100 per

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies

Behind the Geregu Power Sale: Politics and a $750m Deal

The sale of Geregu Power, one of Nigeria’s largest electricity

Recapitalisation: UBA Extends Deadline For Rights Issue

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

United Bank for Africa (UBA) has successfully concluded its rights

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Finance & Economy - Page 101

Venezuela Says U.S. Oil Sales Proceed Commercially as Revenues Climb Into Billions

Nigeria Week Ahead: Inflation, Naira And Oil In Focus

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 12th August 2024

US Dollar Share In Global Reserves Drops To 59% As BRICS Pushes De-Dollarisation

SERAP Urges Tinubu To Investigate Alleged Mismanagement Of $1.5 Billion World Bank Loan

Elumelu To Nigerian Govt: Tell Us Those Behind Oil Theft

We Must Stand Against Attempts To Frustrate Dangote Refinery – Atiku Charges Nigerians

Naira Rises Against Dollar, Ends Week On Positive Note

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 9th August 2024

Dangote Refinery’s Supplies Will Disrupt Europe’s Oil & Gas Industry – OPEC

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 8th August 2024

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Chinese Embassy Denies U.S. Allegations of Illegal Mining, Terror Funding in Nigeria

Dollar Rate Drops To N1,404/$ In Black Market, Rises To N1,355/$ In Official Window

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Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Behind the Geregu Power Sale: Politics and a $750m Deal

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

Chinese Embassy Denies U.S. Allegations of Illegal Mining, Terror Funding in Nigeria

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Finance & Economy - Page 101

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