Finance & Economy - Page 105

Naira vs Dollar: What To Expect This Week

Naira Falls To N1,035/$1, As Depreciation Persists

The Nigerian Naira encountered a steep fall, culminating in a close at N1,035.12 per dollar in the official market on January 3, 2024, indicating a 4.72% decline from the previous closure. The

Emmanuel Ochayi

January 3, 2024

Business·Oil & Gas

No Plan To Increase Petrol Pump Price, NNPC Assures Nigerians

The Nigerian National Petroleum Company (NNPC) Limited says it has no plan to increase the pump price of Premium Motor Spirit (PMS) commonly known as petrol. This was made known in a

Victor Ezeja

January 3, 2024

Business·Currency

Nigerian Naira Depreciates To N988/$ Despite $2.25bn Injection In Forex Market

The Nigerian naira spiraled downwards by 8.97% against the dollar, closing at N988.46/$1 despite a $2.25 billion infusion from Afreximbank.

Emmanuel Ochayi

January 3, 2024

Agro-Economy·Business

Nigeria, Other West African Countries To Endure Soaring Food Prices In 2024 – Report

A looming crisis in West Africa's food security emerges as experts predict a distressing surge in staple food prices across the region in 2024.

Emmanuel Ochayi

January 3, 2024

How Strong Competitive Market Will Stabilise Fuel Price In Nigeria

Business·Oil & Gas

NNPC, Marketers Bicker On Fuel Subsidy Payment As Naira Depreciation Deepens

Further depreciation of naira while the pump price of Premium Motor Spirit (PMS) popularly called petrol sells between N617 and N650 have resurrected contentious debates between independent petroleum marketers and the Nigerian

Victor Ezeja

January 3, 2024

Nigeria Optimistic On Achieving 1.7mpd Crude Despite November Output Drop

Business·Oil & Gas

Nigeria’s Petroleum Minister Targets 2 Million Barrels Daily Crude Oil Production In 2024

Minister of State for Petroleum Resources, Heineken Lokpobiri, has set a target for Nigeria's crude oil production, eyeing a jump to 2 million barrels per day in 2024.

Victor Ezeja

January 2, 2024

Finance & Economy

BRICS Capital Inflow To Nigeria Plummets By 59.84% In Q3 2023 – NBS

The National Bureau of Statistics (NBS) released a report unveiling a 59.84% drop in foreign capital from BRICS nations during Q3 of 2023.

Emmanuel Ochayi

January 2, 2024

Why Tinubu Govt Is Against Borrowing To Fund 2024 Budget - Edun

Finance & Economy·News

Nigeria Will Rely More On Revenue To Implement 2024 Budget – Finance Minister

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced a move by the federal government to move away from heavy reliance on borrowing for the implementation of

Victor Ezeja

January 2, 2024

Kaduna Refinery: The Role Of Local Refining In Nigeria's Fuel Economy

Business·Oil & Gas

NNPCL Begins Crude Oil Supply To Test-run Port Harcourt Refinery

Nigerian National Petroleum Company Limited (NNPCL) has initiated the supply of crude oil for the test-running of the Port Harcourt Refinery.

Emmanuel Ochayi

January 1, 2024

Blue Economy: Tinubu Appoints New Executive Directors For NPA, NIMASA

Finance & Economy·News

2024: Tinubu Promises Ease Of Doing Business, As Nigerians Face Hard Times

Amidst hard times occasioned by surging inflation, Nigerian president, Bola Tinubu, has promised to do everything possible to remove obstacles to ease of doing business in the country. The inflation, caused by

Victor Ezeja

January 1, 2024

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Finance & Economy - Page 105

Naira Falls To N1,035/$1, As Depreciation Persists

No Plan To Increase Petrol Pump Price, NNPC Assures Nigerians

Nigerian Naira Depreciates To N988/$ Despite $2.25bn Injection In Forex Market

Nigeria, Other West African Countries To Endure Soaring Food Prices In 2024 – Report

NNPC, Marketers Bicker On Fuel Subsidy Payment As Naira Depreciation Deepens

Nigeria’s Petroleum Minister Targets 2 Million Barrels Daily Crude Oil Production In 2024

BRICS Capital Inflow To Nigeria Plummets By 59.84% In Q3 2023 – NBS

Nigeria Will Rely More On Revenue To Implement 2024 Budget – Finance Minister

NNPCL Begins Crude Oil Supply To Test-run Port Harcourt Refinery

2024: Tinubu Promises Ease Of Doing Business, As Nigerians Face Hard Times

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