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Finance & Economy - Page 127

Venezuela Says U.S. Oil Sales Proceed Commercially as Revenues Climb Into Billions

Venezuela’s interim president, Delcy Rodríguez, has defended recent crude oil sales to the United States as strictly commercial transactions conducted through the state oil company, Petróleos de Venezuela, S.A. (PDVSA), insisting that pricing mechanisms follow international norms and that proceeds are being

February 13, 2026

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Currency

Naira Gains Little In Official Market At ₦1,617/$1

The Nigerian currency the naira recorded a marginal gain after close of trading in the official foreign exchange market on Monday, settling at ₦1,617/$1.

March 12, 2024

Business·Currency·Finance & Economy

Naira Falls Again By 1.57% To ₦1,627.40/$1 In Official Market

The value of the naira recorded a decline of 1.57 per cent as the exchange rate rose to N1,627.40/$1 in the official market on Friday, 8 March 2024.

March 10, 2024

Nigeria’s Current Economic Stress May Linger For 3 Years - Moghalu

Business·Currency·News

Forex Crisis: Go After Banks Not Only Crypto Platforms, Moghalu Tells CBN

Former Deputy Governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu, has called on the apex bank to beam its regulatory searchlight on commercial banks not only cryptocurrency exchange platforms in tackling the forex crisis in the country.

March 7, 2024

News·Oil & Gas

Tinubu Signs Executive Orders On Oil, Gas Reforms

President Bola Tinubu has signed executive orders for a set of Policy Directives to reform Nigeria’s oil and gas industry and make it the preferred investment destination in Africa. A statement by Special Adviser to the President on Media and Publicity, Ajuri

March 6, 2024

NCDMB Host Oil Industry Players, Academia, on Research And Innovation Imperatives

News·Oil & Gas

NCDMB Hosts Oil Industry Players, Academia, On Research And Innovation Imperatives

Oil and gas industry stakeholders and leading academics on Tuesday began a three-day Research and Development (R&D) Zonal Workshop at the Niger Delta University (NDU)

March 6, 2024

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

Business·Currency

Naira Drops To ₦1,602.43/$ After 3-Day Winning Streak In Official Market

The Nigerian local currency, the naira, has dropped again to ₦1,602.43/$1 after three consecutive days of trading below the ₦1,600/$1 mark in the official foreign exchange market window. According to data published by the FMDQ, the value of the naira dropped on

March 6, 2024

Forex Crisis: CBN Prunes Down Number Of BDCs To Almost 2009 Level

Business·Currency

Naira Retains Below N1,600/$ Exchange Rate Mark For Third Day In Official Market

Naira has retained trading value of below N1,600/$1 mark for the third day in official foreign exchange market window.

March 5, 2024

Africa·Finance & Economy

ECA Advises On How African Countries Can Deepen Domestic Resource Mobilization To Boost Economy

ECA has advised that to deepen domestic resource mobilization, countries in the continent should double efforts to broaden their national tax base.

March 4, 2024

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 3rd August 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki FX? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market , especially the Aboki fx as of 3rd August 2024

March 3, 2024

How Nigeria’s External Reserves Rose By 5.6% To $38.8bn In 2024 — CBN

Business·Finance & Economy

Inflation: CBN Set To Issue N1.6trn Treasury Bill In Q2 2024

In an attempt to control money supply as part of efforts to rein in inflation in the economy, the Central Bank of Nigeria (CBN), has announced that it would sell N1.64 trillion worth of treasury bills in the second quarter of 2024.

March 2, 2024

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Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

U.S. President Donald Trump has threatened to impose 100 per

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies

Behind the Geregu Power Sale: Politics and a $750m Deal

The sale of Geregu Power, one of Nigeria’s largest electricity

Recapitalisation: UBA Extends Deadline For Rights Issue

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

United Bank for Africa (UBA) has successfully concluded its rights

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Finance & Economy - Page 127

Venezuela Says U.S. Oil Sales Proceed Commercially as Revenues Climb Into Billions

Naira Gains Little In Official Market At ₦1,617/$1

Naira Falls Again By 1.57% To ₦1,627.40/$1 In Official Market

Forex Crisis: Go After Banks Not Only Crypto Platforms, Moghalu Tells CBN

Tinubu Signs Executive Orders On Oil, Gas Reforms

NCDMB Hosts Oil Industry Players, Academia, On Research And Innovation Imperatives

Naira Drops To ₦1,602.43/$ After 3-Day Winning Streak In Official Market

Naira Retains Below N1,600/$ Exchange Rate Mark For Third Day In Official Market

ECA Advises On How African Countries Can Deepen Domestic Resource Mobilization To Boost Economy

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 3rd August 2024

Inflation: CBN Set To Issue N1.6trn Treasury Bill In Q2 2024

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UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

Nigeria Wins Permanent Seat on African Central Bank Board at AU Summit

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Finance & Economy - Page 127

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