Finance & Economy - Page 118

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Naira Slumps To N1130/$1 Despite Prior Gains; CBN’s Measures In Focus

In a turn of events, the Nigerian naira faced a downward spiral against the US dollar, hitting an intraday high of N1130/$1 at the official market, signaling a concerning trend for the

Emmanuel Ochayi

November 28, 2023

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Finance & Economy·News

Persisting Forex Crisis Threatens Nigeria’s $1trn Economy Ambition

Analysis by Prime Business Africa has shed light on Nigeria’s struggle to achieve its $1 trillion economy goal amidst the forex exchange market turmoil and the naira’s persistent weakness. The devaluation of

Emmanuel Ochayi

November 27, 2023

Business·News·Oil & Gas

Tinubu Reappoints Kyari As NNPCL CEO, Appoints New Board Members

President Bola Tinubu reappoints Mallam Mele Kolo Kyari as the CEO of the Nigerian National Petroleum Company Limited (NNPCL), and as announced the appointment of new board members. This decision, alongside the

Emmanuel Ochayi

November 27, 2023

Agro-Economy·Business·News

Lagos State Commissioner Urges Youth Participation In Agriculture

Lagos State Commissioner of Agriculture, Ms. Abisola Olusanya Advocates Youth Involvement in Farming as Crucial for Economic Growth and Development. The call for increased youth engagement in agriculture resonated strongly at the

Emmanuel Ochayi

November 27, 2023

Business·Finance & Economy

Companies Increase Staff Salaries By 18.35% Amid Soaring Inflation

Nigerian companies have moved to cushion the effect of the soaring inflation by increasing staff salaries by 18.35%. The move revealed through data from the National Bureau of Statistics (NBS) ‘Nigerian Gross

Emmanuel Ochayi

November 27, 2023

Senate Speedily Passes N2.176trn Supplementary Budget, Cites Dry Season As Reason

Business·News·Oil & Gas

Nigerian Lawmakers To Probe N250 Billion CBN Disbursement For Gas Expansion Program

The Nigerian Senate gears up for a deep dive into the utilization of the over N250 billion disbursed by the Central Bank of Nigeria (CBN) under the Nigeria Gas Expansion Programme (NGEP)

Emmanuel Ochayi

November 26, 2023

NMDPRA: Nigerian Govt Will Not Fix Price For Petroleum Products From Dangote Refinery, Pushes CNG Expansion

Business·News·Oil & Gas

Dangote Announces $20 Billion Refinery Listing On NGX

Nigerian business mogul Aliko Dangote has unveiled plans to list his $20 billion Dangote Refinery on the Nigerian Exchange Limited (NGX). Dangote revealed the resolution of critical challenges hindering crude oil supply,

Emmanuel Ochayi

November 26, 2023

Tomato Supply Threat Sparks Fear Of Price Hike In Lagos Over Market Clash

Agro-Economy·Business·News

Food Prices Skyrocket Beyond Reach As Tomato Prices In Nigeria Soar 48.73% To N675.91/kg

Nigeria faces surge in food prices, according to the latest report by the National Bureau of Statistics (NBS) for October. The cost of essential commodities has soared with tomatoes, rice, boneless beef,

Emmanuel Ochayi

November 26, 2023

Africa·Business·News·Oil & Gas

Nigerian Govt Pledges Commitment To West African Gas Pipeline Project

Minister of State for Petroleum Resources (Gas) Ekperikpe Ekpo has reiterated Nigeria’s support for the West African Gas Pipeline Project, emphasizing the government’s dedication to realizing its full potential. In his speech,

Emmanuel Ochayi

November 26, 2023

Agro-Economy·Business·News

Nigeria’s Stockfish Imports From Norway Declines Amid Economic Challenges

Nigeria which is traditionally the largest importer of Norwegian stockfish, experienced a drop in imports in 2023. Expressing concern over the reduction, the Norwegian Seafood Council revealed during a workshop in Lagos

Emmanuel Ochayi

November 26, 2023

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Finance & Economy - Page 118

Naira Slumps To N1130/$1 Despite Prior Gains; CBN’s Measures In Focus

Persisting Forex Crisis Threatens Nigeria’s $1trn Economy Ambition

Tinubu Reappoints Kyari As NNPCL CEO, Appoints New Board Members

Lagos State Commissioner Urges Youth Participation In Agriculture

Companies Increase Staff Salaries By 18.35% Amid Soaring Inflation

Nigerian Lawmakers To Probe N250 Billion CBN Disbursement For Gas Expansion Program

Dangote Announces $20 Billion Refinery Listing On NGX

Food Prices Skyrocket Beyond Reach As Tomato Prices In Nigeria Soar 48.73% To N675.91/kg

Nigerian Govt Pledges Commitment To West African Gas Pipeline Project

Nigeria’s Stockfish Imports From Norway Declines Amid Economic Challenges

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