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Finance & Economy - Page 12

NCDMB Unveils Nationwide Scheme to Equip 10,000 Young Nigerians for Emerging Oil and Gas Jobs

The Nigerian Content Development and Monitoring Board (NCDMB) has announced plans to train over 10,000 young Nigerians in the most sought-after technical and professional skills in the oil and gas sector, under a new initiative tagged the Oil and Gas Field Readiness

October 26, 2025

Business·Oil & Gas

Dangote Refinery Fuel Distribution: Expert Urges Fair Competition To Protect Marketers

As Dangote refinery finalises plans to begin direct distribution of petroleum products to end-users, oil and gas expert, Olabode Sowunmi, has called on regulatory authorities in the downstream sector to ensure fair competition to protect marketers. Sowunmi made the call while commenting

August 5, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th August 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 5th August 2025, is

August 5, 2025

Business·News·Oil & Gas

Nigeria’s Daily Oil Output Rises Above 1.8 Million Barrels, Highest In 3 Years

Nigeria’s crude oil production climbed to over 1.8 million barrels per day (bpd) in July, marking the country’s highest output in more than three years. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) confirmed the figures. NUPRC Chief Executive, Gbenga Komolafe, attributed the

August 4, 2025

FEATURES·Oil & Gas

Dangote Fuel Distribution Strategy: Between Monopoly Concerns And Market Competition

The Dangote Petroleum Refinery’s plan to launch direct fuel distribution has sparked intense debate in Nigeria’s downstream petroleum sector, regarding efficiency and fears of market domination. The $20 billion Dangote Refinery, with its 650,000 barrel-per-day capacity, had in June announced plans to begin direct

August 4, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 4th August 2025

August 4, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 3rd August 2025

August 3, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 2nd August 2025

August 2, 2025

Business·Currency·Markets

Naira Begins August On A Stable Note

The Nigerian naira remained stable across foreign market windows on Friday, the first trading day in August 2025. It maintained a flat rate of ₦1,533 per dollar at the official market, according to the Nigerian Foreign Exchange Market (NFEM) data published on

August 2, 2025

Business·Oil & Gas

PETROAN Urges Tinubu To Order Privatisation Of Port Harcourt Refinery

The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has strongly criticized the Nigerian National Petroleum Company Limited (NNPCL) for reversing its earlier consideration to privatize the Port Harcourt Refining Company (PHRC). PETROAN called on President Bola Tinubu to approve the

August 1, 2025

Business·News·Oil & Gas

Jigawa Residents Spent More On Petrol In June

The latest Petrol Price Watch released by the National Bureau of Statistics (NBS) showed that the average retail price of Premium Motor Spirit (PMS) in Nigeria rose to N1037.66 in June 2025, with Jigawa residents spending more on the commodity. The NBS report released on

August 1, 2025

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Finance & Economy - Page 12

NCDMB Unveils Nationwide Scheme to Equip 10,000 Young Nigerians for Emerging Oil and Gas Jobs

Dangote Refinery Fuel Distribution: Expert Urges Fair Competition To Protect Marketers

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th August 2025

Nigeria’s Daily Oil Output Rises Above 1.8 Million Barrels, Highest In 3 Years

Dangote Fuel Distribution Strategy: Between Monopoly Concerns And Market Competition

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 4th August 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 3rd August 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 2nd August 2025

Naira Begins August On A Stable Note

PETROAN Urges Tinubu To Order Privatisation Of Port Harcourt Refinery

Jigawa Residents Spent More On Petrol In June

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