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Finance & Economy - Page 128

Arab Bank, DCO Agree on Framework for Cooperation on Inclusive, Sustainable Digital Economies

The Digital Cooperation Organization (DCO), the world’s first standalone international intergovernmental organization dedicated to accelerating inclusive and sustainable digital economies, and the Arab Bank for Economic Development in Africa (BADEA) Friday signed a Memorandum of Understanding (MoU) as part of an ongoing

November 1, 2025

Business·News·Oil & Gas

Shell To End Nigerian Onshore Oil Operations, Seals $2.4bn Deal With Renaissance Africa Energy

Shell has concluded plans to exit onshore oil operations in the Nigeria

January 16, 2024

Major Events That Shaped Nigeria's Oil & Gas Sector In 2023 And Looking Ahead 2024

Business·Oil & Gas

Will Oil, Gas Sector Increase Nigeria’s Revenue In 2024?

Nigeria's oil and gas sector has developed as the star entertainer of the year, encountering a noteworthy surge of 125% over the past year, making it the best-performing record in 2023.

January 16, 2024

Nigeria Week Ahead: Inflation, Naira and Oil In Focus

Finance & Economy

Experts Urge Nigerian Govt To Adopt Multi-sectoral Approach In Tackling Inflation

Economic experts have called on authorities to adopt a multi-sectoral approach in tackling high inflation in Nigeria.

January 16, 2024

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business·Currency

Naira Hits Record High, Surpassing N1,300/$ In Cryptocurrency, Parallel Markets

The Nigerian naira has surged past the N1,300 mark against the US dollar in both the Peer-to-Peer cryptocurrency window and the parallel market.

January 16, 2024

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

Business·Oil & Gas

Conoil Plc, NNPC Retail, 5 Others To Distribute Dangote Petroleum

Dangote Petroleum Refinery in Nigeria has marked a pivotal milestone as seven major oil marketers, including 11 Plc, Conoil Plc, Ardova Plc, MRS Oil Nigeria Plc, OVH Energy Marketing Limited, Total Nigeria Plc, and NNPC Retail, have registered with the refinery for

January 15, 2024

Port Harcourt Refinery Is Over 75% Completed, Says Managing Director

Business·News·Oil & Gas

Why NNPCL Will Hand Over Port Harcourt Refinery To Private Operators

As the Port Harcourt oil refinery springs back to life, the Nigerian National Petroleum Company Limited (NNPCL) has announced its intention to hand over the government facility to private operators. In a move aimed at ensuring reliability and sustainability for the nation’s

January 15, 2024

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

Business·FEATURES·Oil & Gas

Dangote Refinery: Will Petrol Price Crash?

In the ever-evolving saga of petrol prices, the Dangote Refinery emerges as a potential game-changer. While the answer to whether prices will crash remains elusive, a closer look at the intricacies reveals a landscape shaped by diverse factors. The Dangote Refinery, situated

January 14, 2024

Business·Oil & Gas

Dangote Refinery Kicks Off Crude Oil Refining, Paving Way For Nigeria’s Energy Independence

In the early hours of Friday, the Dangote Refinery, situated in Lekki, Lagos Nigeria, commenced operations following the successful delivery of six million barrels of crude supply in batches since December 2023. Expressing his enthusiasm, Mr. Aliko Dangote, President of Dangote Group,

January 13, 2024

Business·Currency

Naira Falls By N15.75, Closes At N890/$1

In a turn of events, the Nigerian naira experienced a notable dip against the dollar on Friday, January 12, 2024, both in official and black market exchange windows. Data from the NAFEM, the official forex platform, revealed a N15.75 depreciation compared to

January 13, 2024

News·Oil & Gas

Total Energies Visits NCDMB, Reconfirms FID for Ubeta Project In 2024, Others Underway

Hopes of new projects that would revitalize the Nigerian oil and gas industry and grow local content appear close to realization as the Managing Director and Country Chair TotalEnergies E&P Nigeria Limited, Mr. Matthieu Bouyer reconfirmed on Thursday that the company would

January 12, 2024

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Finance & Economy - Page 128

Arab Bank, DCO Agree on Framework for Cooperation on Inclusive, Sustainable Digital Economies

Shell To End Nigerian Onshore Oil Operations, Seals $2.4bn Deal With Renaissance Africa Energy

Will Oil, Gas Sector Increase Nigeria’s Revenue In 2024?

Experts Urge Nigerian Govt To Adopt Multi-sectoral Approach In Tackling Inflation

Naira Hits Record High, Surpassing N1,300/$ In Cryptocurrency, Parallel Markets

Conoil Plc, NNPC Retail, 5 Others To Distribute Dangote Petroleum

Why NNPCL Will Hand Over Port Harcourt Refinery To Private Operators

Dangote Refinery: Will Petrol Price Crash?

Dangote Refinery Kicks Off Crude Oil Refining, Paving Way For Nigeria’s Energy Independence

Naira Falls By N15.75, Closes At N890/$1

Total Energies Visits NCDMB, Reconfirms FID for Ubeta Project In 2024, Others Underway

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