Browse Category

Finance & Economy - Page 125

Economy: Don’t Suffocate Businesses, CPPE Warns Regulatory Agencies

Nigeria’s Economy Stabilises in 2025; Non-Oil Sectors Set to Drive Growth in 2026 – CPPE

Nigeria’s macroeconomic environment stabilised in 2025, setting the stage for stronger business activity and private-sector-led growth in 2026, according to the Centre for the Promotion of Private Enterprise (CPPE), Prime Business Africa reports. In its Review of the Nigerian Economy in 2025

December 31, 2025

1.78mpd Oil Output Project Can Be Achieved – NNPCL

News·Oil & Gas

Our Joint Venture With TotalEnergies Achieves Zero Gas Flaring Target – NNPCL

NNPCL has that in line with the quest to meet global target of reducing greenhouse gas emissions, its joint venture with TotalEnergies has achieved zero routine gas flare in all its assets.

February 16, 2024

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business·Currency

Naira Trades N1,498/$ At Official Market, N1600 At Parallel Market As CBN Tackles Forex Operators

The naira edged up slightly against the US dollar, closing at N1,498.25/$ on Thursday, showing a marginal improvement from the previous day’s rate of N1,503.38/$. This minor appreciation occurred amidst ongoing efforts by the Central Bank of Nigeria (CBN) to combat foreign

February 16, 2024

Business·Finance & Economy

CBN Raises Customs Duty Rates By 59.1% In 2 Months Amid Naira Depreciation

CBN has increased the rates for computing Customs duties at ports for the sixth time in 2024 making it rise by 59.1 per cent since December 2023

February 15, 2024

Currency

Dollar Now N1600, Nigerians React

In Nigeria, the exchange rate has reached all all time high, with the dollar now exchanging for one thousand six hundred naira, while the pound surpasses two thousand naira. This increase has sparked outrage across social media platforms, particularly on X, formerly

February 15, 2024

Jigawa Residents Spent More On Petrol In June

Business·Oil & Gas

IPMAN Seeks Direct Fuel Supply From NNPCL To Offer Lower Prices For Nigerians

Independent oil marketers are calling for direct access to premium motor spirit (PMS) from the Nigerian National Petroleum Company Limited (NNPCL) to offer lower prices to consumers. Abubakar Maigandi, the National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), emphasized

February 15, 2024

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

Business·Oil & Gas

Dangote Refinery Set To Export 2 Fuel Cargoes

The Dangote Petroleum Refinery has initiated tenders to sell two fuel cargoes for export, marking a pivotal moment in Nigeria’s energy sector. Speaking on the matter, industry insiders revealed that the refinery, with its colossal $20 billion investment, is poised to transform

February 15, 2024

Nigeria Needs Improved Security, Investment To Achieve Over 2 mbpd Crude Oil Production – Report

Business·Oil & Gas

How Nigeria’s Crude Oil Production Slips To 1.419mbpd – OPEC

Nigeria experienced a slight dip in its crude oil production, falling to 1.42 million barrels per day (mbpd), as reported by the Organisation of Petroleum Exporting Countries (OPEC) for January 2024.

February 15, 2024

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency

Naira Trades Above N1,500/$1 Amid CBN’s Forex Market Reforms

The Nigerian naira surged to an intra-day high of N1,582 against the US dollar on Wednesday, marking a notable milestone in the currency’s performance. However, this achievement was juxtaposed with a sharp decline in forex turnover, plummeting by 56.58% to $117.87 million,

February 15, 2024

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

Business·Oil & Gas

Nigeria’s Oil Output Surges To 1.4 million Bpd, Fueling Economic Optimism

Amidst a global surge in crude oil prices, Nigeria’s oil production witnessed an upswing, reaching 1,426,574 barrels per day in January 2024. This is shown in data obtained from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). READ ALSO: Major Events That Shaped Nigeria’s

February 14, 2024

Finance & Economy

States’ Allocation To Increase By 69% In 2024, Yet Borrowing Persists

In a projection for the year 2024, state governments in Nigeria anticipate an increase in statutory federal allocations, marking a 69% rise to N5.54 trillion Prime Business Africa reports that this surge, amounting to N2.24 trillion more than the disbursed amount in

February 14, 2024

Previous 1 … 123 124 125 126 127 … 333 Next

GivTrade Secures UAE SCA Category 5 Licence

GivTrade, an international multi-asset brokerage providing access to global markets

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

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

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Finance & Economy - Page 125

Nigeria’s Economy Stabilises in 2025; Non-Oil Sectors Set to Drive Growth in 2026 – CPPE

Our Joint Venture With TotalEnergies Achieves Zero Gas Flaring Target – NNPCL

Naira Trades N1,498/$ At Official Market, N1600 At Parallel Market As CBN Tackles Forex Operators

CBN Raises Customs Duty Rates By 59.1% In 2 Months Amid Naira Depreciation

Dollar Now N1600, Nigerians React

IPMAN Seeks Direct Fuel Supply From NNPCL To Offer Lower Prices For Nigerians

Dangote Refinery Set To Export 2 Fuel Cargoes

How Nigeria’s Crude Oil Production Slips To 1.419mbpd – OPEC

Naira Trades Above N1,500/$1 Amid CBN’s Forex Market Reforms

Nigeria’s Oil Output Surges To 1.4 million Bpd, Fueling Economic Optimism

States’ Allocation To Increase By 69% In 2024, Yet Borrowing Persists

Featured Stories

New Year: Why Nigerians Celebrate Despite Economic Hardship

ALEX Tops NGX Gainers’ List, Tantalizers Among Losers

The Raw Goat in Morocco 2025: AFCON and the Burden of Crude Representation

Nigeria’s New Tax Law: Why Doubts Are Growing

Whatsapp Channel

Latest News

New Year: Why Nigerians Celebrate Despite Economic Hardship

Somalia Takes Security Council Helm Amid Scrutiny of Ambassador’s Past

ALEX Tops NGX Gainers’ List, Tantalizers Among Losers

VFD Group Takes Out N6.82bn From Investment In Abbey Mortgage Bank

GivTrade Secures UAE SCA Category 5 Licence

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

Dollar Trades Flat In Black Market, Appreciates In Official Window

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

New Year: Why Nigerians Celebrate Despite Economic Hardship

Suggestions

Finance & Economy - Page 125

Featured Stories

Follow Us

Whatsapp Channel

Latest News