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Finance & Economy - Page 110

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

President Tinubu has nominated new chief executives for Nigeria’s petroleum regulatory agencies following the resignation of the heads of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), developments that come amid intense controversy

December 18, 2025

Business·Finance & Economy

Banks’ Recapitalisation Will Strengthen Nigeria’s Economy – UBA GMD

Group Managing Director of United Bank for Africa PLC, Mr Oliver Alawuba, has underscored the critical role of banks’ recapitalisation in strengthening Nigeria’s economy. Prime Business Africa recalls that the Central Bank of Nigeria (CBN) had in March ending, directed all banks

May 21, 2024

Financial Inclusion Key To Realising Nigeria's $1trn Economy Target - Cardoso

Business·Finance & Economy·News

CBN Raises Benchmark Interest Rate To 26.25%

The Central Bank of Nigeria has increased the benchmark interest rate by 150 basis points to 26.25 per cent. This was the decision of the Monetary Policy Committee (MPC) of the CBN that held its 295th MPC meeting between Monday, 20 and

May 21, 2024

Dangote Sugar Refinery, NASCON Allied, Dangote Rice To Merge

Oil & Gas·Opinion

Dangote To The Rescue

For the first time in about 25 years, Nigerians heard a truly comforting fuel news. The owner of Dangote Refinery, the man himself, Aliko Dangote, assured that Dangote Refinery operations were finally here for real. This news has positively punctuated government’s litany

May 20, 2024

NNPC: Oil Production To Increase To 1.7mbpd Amid Infrastructure Challenges

Business·News·Oil & Gas

NNPC: Oil Production Nears 1.7mbpd Amid Infrastructure Challenges

In an engagement with stakeholders in Lagos, Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), highlighted strides towards enhancing Nigeria’s oil production. From April’s 1.28 million barrels per day, Kyari disclosed that production is steadily

May 20, 2024

FEATURES·Finance & Economy

10 Nigerian States With Lowest Cost Of Living In 2024

While the entire country grapples with soaring inflation, there some states in Nigeria that are still better than others in terms of cost of living. This could be determined using data on inflation rate which include consumption costs in the following: food,

May 19, 2024

Africa·Finance & Economy

Business Diplomacy And Africa’s Development

From May 16 to 17, over 2,000 of Africa’s business leaders, investors, policy makers and political leaders as well as their counterparts from around the world met in Kigali, Rwanda under the auspices of the Africa CEO Forum 2024

May 18, 2024

10 States With Lowest Cost Of Living In Nigeria 2024

Finance & Economy

Top 10 Nigerian States With Highest Cost Of Living As Of April 2024

Nigerian has continued to witness high cost of living in recent times as prices of things continue to rise beyond the purchasing power of average citizens.

May 17, 2024

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

Business·News·Oil & Gas

Dangote Refinery To Import 24 Million Barrels Of Crude Oil From U.S.

In a move set to bolster its operations, the Lagos-based Dangote Refinery, spearheaded by Africa’s wealthiest entrepreneur Aliko Dangote, has announced plans to procure 24 million barrels of US crude oil over the next year. This initiative underscores the refinery’s commitment to

May 17, 2024

Minimum Wage: Nigerian Govt Begs Labour Union To Reconsider Strike Action

Labour·News

Minimum Wage: FG’s ‘Paltry N48,000’ Offer Undermines Wellbeing Of Nigerian Workers – Organised Labour

Organised labour has rejected the ₦48,000 proposed by the Nigerian government as national minimum wage, insisting that it is a “paltry sum that not only not only insult the sensibilities of Nigerian workers but also falls significantly short of their needs and

May 16, 2024

Opinion·Personal Finance

Japa: Why Nigerian Youths Need Vital Skills For Better Global Opportunities

Nigeria’s unemployment rate has risen to 5 per cent, according to data released by the National Bureau of Statistics (NBS) recently. This no doubt, accounts for why many Nigerian youths have continued to leave the country

May 15, 2024

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Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

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Finance & Economy - Page 110

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

Banks’ Recapitalisation Will Strengthen Nigeria’s Economy – UBA GMD

CBN Raises Benchmark Interest Rate To 26.25%

Dangote To The Rescue

NNPC: Oil Production Nears 1.7mbpd Amid Infrastructure Challenges

10 Nigerian States With Lowest Cost Of Living In 2024

Business Diplomacy And Africa’s Development

Top 10 Nigerian States With Highest Cost Of Living As Of April 2024

Dangote Refinery To Import 24 Million Barrels Of Crude Oil From U.S.

Minimum Wage: FG’s ‘Paltry N48,000’ Offer Undermines Wellbeing Of Nigerian Workers – Organised Labour

Japa: Why Nigerian Youths Need Vital Skills For Better Global Opportunities

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