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Finance & Economy - Page 135

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

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Business·Currency·News

Nigerian Naira Falls To N854.61/$1 Amidst Forex Turnover Dip Of 21.45%

In a day of fluctuating fortunes for Nigeria’s currency, the Nigerian naira depreciated against the dollar, closing at N854.61/$1 at the official market on Wednesday, marking a 1.5% drop. Forex turnover also saw a decline of 21.45% to $181.30 million compared to

December 20, 2023

African Countries With The Highest Debt-to-GDP Ratio

Business·Finance & Economy·News

Nigeria’s Public Debt Rises To N87.91trn- DMO Reveals

In the third quarter of 2023, Nigeria’s total public debt witnessed a marginal increase of 0.61 per cent, reaching N87.91 trillion, as reported by the Debt Management Office (DMO). This slight uptick from the previous quarter’s N87.38 trillion was predominantly driven by

December 20, 2023

FCTA Seizes 69 Vehicles In Ongoing Cleanup Operations

Business·Finance & Economy·News

Nigerian Govt Should Ban Importation Of Used Cars From 2000 To 2007 Model- NADDC

In a move to revolutionize Nigeria’s automotive industry, Joseph Osanipin, the Director-General of the National Automotive Design and Development Council (NADDC), advocated the ban of importation of vehicles used from the year 2000 to 2007. Addressing stakeholders at the Public Sector Engagement

December 20, 2023

Anambra Residents Lament As Cost Of Things Bite Harder

Business·Finance & Economy

Christmas: Nigerians Slash Budget For Rice, Other Items As Costs Hit Harder

Rice is one of the staple foods in Nigeria and commonly consumed during festivities like Christmas but this time many are finding it difficult to get it for the celebration given the unprecedented price hike.

December 20, 2023

News·Oil & Gas

NCDMB Restates Commitment To Capacity Utilisation, Patronage For Nigerian Service Companies

NCDMB has assured that patronage and deployment of indigenous oil and gas service companies would remain of strategic importance

December 20, 2023

Business·News·Oil & Gas

Tinubu Calls For Immediate Action From NNPCL Board, Warns Against Non-Performance

In an address during the inauguration of the Nigerian National Petroleum Company Limited (NNPCL) Board at the State House on Monday, President Bola Tinubu emphasized the urgency for the newly formed board to deliver results promptly. Highlighting a zero-tolerance policy toward non-performance

December 19, 2023

FG, States, LGAs Shares N1.411trn Revenue In October, FAAC Reveals

Business·Finance & Economy·News

Nigeria Revenue Soars By N101.98 Billion Due To Exchange Rate Unification

In a revelation by the Federation Account Allocation Committee (FAAC), November 2023 witnessed a surge in the Federation Account, registering an additional N101.98 billion compared to October, all thanks to revenue from exchange differences which amounted to N364.87 billion. Speaking on the exponential

December 19, 2023

Maintaining Healthy Diet For Nigerians Surge From N703 To N786- NBS Reveals

Business·Finance & Economy·News

Nigeria-China Trade Imbalance Hits N7.54 Trillion, Sparks Industrial Concerns

In the latest revelations from the National Bureau of Statistics, the trade balance between Nigeria and China has skyrocketed to N7.54 trillion in the initial nine months of 2023. This deepening disparity reflects a concerning trend of Nigeria importing more goods from

December 19, 2023

TotalEnergies Sells Onshore Oil Asset In Nigeria To Chappal Energies For $860m

Business·News·Oil & Gas

TotalEnergies Pledges $6 Billion Investment In Nigeria’s Oil & Gas Sector

In a move to bolster Nigeria’s energy landscape, Patrick Pouyanne, head of TotalEnergies, engaged in talks with President Bola Tinubu in Abuja, solidifying their commitment to Nigeria’s oil and gas industry with a pledge of $6 billion. Directing their focus toward offshore projects

December 19, 2023

Business·Finance & Economy·News

Nigeria Raises N7.043 Trillion Domestic Borrowing For 2023- DMO

Patience Oniha, Director-General of the Debt Management Office (DMO), revealed Nigeria’s accomplishment in securing N7.043 trillion for domestic borrowing in 2023. Speaking on the sidelines of discussions for the African Debt Managers Initiative Network in Abuja during an interview with CNBC Africa, Oniha

December 18, 2023

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Finance & Economy - Page 135

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

Nigerian Naira Falls To N854.61/$1 Amidst Forex Turnover Dip Of 21.45%

Nigeria’s Public Debt Rises To N87.91trn- DMO Reveals

Nigerian Govt Should Ban Importation Of Used Cars From 2000 To 2007 Model- NADDC

Christmas: Nigerians Slash Budget For Rice, Other Items As Costs Hit Harder

NCDMB Restates Commitment To Capacity Utilisation, Patronage For Nigerian Service Companies

Tinubu Calls For Immediate Action From NNPCL Board, Warns Against Non-Performance

Nigeria Revenue Soars By N101.98 Billion Due To Exchange Rate Unification

Nigeria-China Trade Imbalance Hits N7.54 Trillion, Sparks Industrial Concerns

TotalEnergies Pledges $6 Billion Investment In Nigeria’s Oil & Gas Sector

Nigeria Raises N7.043 Trillion Domestic Borrowing For 2023- DMO

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