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Finance & Economy - Page 130

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

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

Business·Oil & Gas

Dangote Refinery Ready To Begin Production As Crude Supply Hits 6m Barrels

Dangote Petroleum Refinery has marked a milestone as it announced the reception of its final shipment, totaling six million barrels of crude oil, essential for commencing its operations.

January 9, 2024

Jigawa Residents Spend More On Petrol As Price Rises By 223.21% To N770

Business·News·Oil & Gas

Nigerian Oil Marketers Assure Stable Fuel Prices, NNPCL To Bear Under-recovery Costs

Independent Petroleum Marketers Association of Nigeria (IPMAN), reassured the public on Monday that there are no plans to increase the pump price of Premium Motor Spirit (PMS), commonly known as petro

January 9, 2024

Agro-Economy

We’ll Weed Out ‘Ghost Farmers’ In Agric Intervention Projects – Minister

Nigeria’s Minister of State for Agriculture, Senator Aliyu Sabi Abdullahi, has assured that appropriate measures are being taken to ensure that ghost farmers are not included in the list of beneficiaries of government intervention programmes in the agricultural sector going forward.

January 8, 2024

Saudi Arabia Issues Warning Of $50 Oil Price If OPEC+ Nations Fail To Comply

Business·Oil & Gas

Nigeria Mitigates OPEC Shortfall, Amidst UAE, Angola Oil Cuts

Last month, Nigeria emerged as a beacon of stability in the tumultuous world of oil production. As the UAE and Angola curtailed their outputs, Nigeria surged forward

January 8, 2024

IPMAN Seeks Dangote Refinery's Partnership For Direct Product Allocation, Eases Concerns Over Petrol Stability

News·Oil & Gas

IPMAN Allays Fears Of Petrol Price Increase, Urges Nigerians To Stop Panic Buying

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said there is no plan to increase pump price of Premium Motor Spirit (PMS) popularly called petrol by its members, urging Nigerians to stop engaging in panic buying. Chairman of IPMAN, Enugu Depot,

January 7, 2024

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

Business·Currency·Markets·News

Cadbury, Guinness, Nestle Hit By Naira Depreciation As Report Reveals N472.3bn Loss

In a revelation by Meristem, some major consumer goods companies in Nigeria such as Cadbury, Guinness Nigeria, and Nestle, suffered a combined loss of N472.3 billion due to the depreciation of the Naira during the first nine months of 2023. The report

January 7, 2024

Business·Currency

Naira Appreciates To N869/$1 As Experts Debate Stability

Naira demonstrated fortitude by appreciating to N869.13/$1, thereby, gaining further ground against the dollar at the official market on Friday, marking its second advance in the New Year.

January 6, 2024

Why No Plan To Withdraw Dormant Refining Licences – Nigerian Govt

Business·News·Oil & Gas

Port Harcourt Refinery Begins Operations After Test-run This Month – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that the test run on the 60,000-barrels-per-day (bpd) Port Harcourt refinery is on course and would be concluded this month. Femi Soneye, the NNPCL’s spokesperson, gave the affirmation on Thursday that the impending

January 5, 2024

News·Oil & Gas

Supreme Court Grants Hearing Of Shell’s Appeal In $878m Oil Spill Case

Nigeria’s Supreme Court has ruled in favour of Shell Petroleum Development Company of Nigeria Ltd. (SPDC Nig), granting it a hearing on the alleged oil spill case in the Niger Delta.

January 5, 2024

FEATURES·Oil & Gas

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

Nigeria’s oil and gas industry experienced ups and downs as the government adopted key policy decisions that had far-reaching impacts on the economy.

January 5, 2024

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Finance & Economy - Page 130

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

Dangote Refinery Ready To Begin Production As Crude Supply Hits 6m Barrels

Nigerian Oil Marketers Assure Stable Fuel Prices, NNPCL To Bear Under-recovery Costs

We’ll Weed Out ‘Ghost Farmers’ In Agric Intervention Projects – Minister

Nigeria Mitigates OPEC Shortfall, Amidst UAE, Angola Oil Cuts

IPMAN Allays Fears Of Petrol Price Increase, Urges Nigerians To Stop Panic Buying

Cadbury, Guinness, Nestle Hit By Naira Depreciation As Report Reveals N472.3bn Loss

Naira Appreciates To N869/$1 As Experts Debate Stability

Port Harcourt Refinery Begins Operations After Test-run This Month – NNPCL

Supreme Court Grants Hearing Of Shell’s Appeal In $878m Oil Spill Case

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

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