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Finance & Economy - Page 143

Trump’s Inauguration : Full List of World Leaders To Attend

US Inflation Lands as Shutdown Risks Starving Fed of Jobs Data for Rate Cuts

The Consumer Price Index (CPI) showed that headline inflation rose 3.0% year-on-year in September, slightly lower than expected, while core inflation held at 3.1%.

October 25, 2025

Tinubu Explains Why Nigeria Stopped Exporting Raw Gold, Lithium, Other Minerals

Business·Finance & Economy·News

2024 Budget: Tinubu Projects 21.4% Inflation In 2024 Fiscal Year Amidst Economic Reforms

President Bola Tinubu, has projected the federal government’s plan to target a 21.4% inflation rate for the 2024 fiscal year. Addressing the National Assembly during the presentation of the 2024 appropriation bill on Wednesday, Tinubu stressed the government’s commitment to curbing inflation and fostering

November 29, 2023

Naira To Sustain Depreciation In 2024 - Analysis Reveals

Business·Finance & Economy·News

CBN’s Old, New Naira Notes To Co-exist Indefinitely – Supreme Court Rules

The Supreme Court, on Wednesday, ruled that the old Naira denominations of N200, N500 and N1,000 notes continue to co-exist with the new notes as legal tender till further notice. The Supreme Court had in March 2023 extended the deadline for the

November 29, 2023

Business·Finance & Economy·News

Expert Supports CBN’s Bank Recapitalization Policy, Emphasizes Caution, Stakeholder Engagement

Professor Segun Ajibola, former President of the Chartered Institute of Bankers of Nigeria (CIBN), expressed support for the Central Bank of Nigeria’s (CBN) proposed policy path, focusing on the recapitalization of banks and a return to orthodox banking responsibilities. Regarding Governor Olayemi

November 29, 2023

Nigeria Optimistic On Achieving 1.7mpd Crude Despite November Output Drop

FEATURES·Oil & Gas

Oil Theft Continues To Frustrate Nigeria’s Efforts To Ramp Up Production

Increasing crude oil production output which provides over 90 per cent of Nigeria’s revenue has continued to elude the country due to theft. Oil theft in Nigeria has been a long-standing issue, with billions of dollars worth of crude oil stolen from

November 29, 2023

Business·News·Oil & Gas

Nigeria’s Diesel Prices Hit N978/Litre, Posing Economic Pressure Ahead Of Christmas

Diesel prices in Nigeria have surged to N978 per litre as of Tuesday, November 28, according to data released by HydroCarbon Information Services (HydroCIS) Limited. This continuous hike in prices has amplified the financial strain on businesses, exacerbating challenges already posed by

November 29, 2023

Agro-Economy·Business·News

Raedial Farms CEO Canvasses Government Support In Commercial Agriculture

The Chief Executive Officer of Raedial Farms, Mr. Uwadiale Agenmonmen, called on the government to support in the realm of commercial agriculture. Agenmonmen, during an interview at the Salespush Academy seminar titled “Unleashed Potential: Harnessing Opportunities in Agriculture, Real Estate, and Fintech”

November 28, 2023

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

Business·Finance & Economy·News

CBN’s FX Reforms Pose Challenges, Opportunities For Investment Bankers, Says AIHN

The winds of change in Nigeria’s financial landscape, stirred by the Central Bank’s foreign exchange (FX) reforms, were acknowledged as a double-edged sword by Ike Chioke, the former President of the Association of Issuing Houses Nigeria (AIHN). Speaking at the Investment Banking

November 28, 2023

Dangote Refinery Boosts U.S. Jet Fuel Supply As Demand Rises

Business·News·Oil & Gas

NNPCL Boosts Dangote Refinery With Fourth Delivery Of 1m Barrels Crude Oil

In a move propelling Nigeria’s refining landscape, the Nigeria National Petroleum Corporation Limited (NNPCL) has continued its stride by delivering an additional one million barrels of crude oil to the Dangote Refinery. This marks the fourth consecutive delivery in a series set

November 28, 2023

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

Business·Currency·News

Naira Slumps To N1130/$1 Despite Prior Gains; CBN’s Measures In Focus

In a turn of events, the Nigerian naira faced a downward spiral against the US dollar, hitting an intraday high of N1130/$1 at the official market, signaling a concerning trend for the local currency. Despite this decline, the naira closed on par

November 28, 2023

Naira Falls To ₦1,530/$ At Official Market After Public Holiday

Business·Finance & Economy·News

Persisting Forex Crisis Threatens Nigeria’s $1trn Economy Ambition

Analysis by Prime Business Africa has shed light on Nigeria’s struggle to achieve its $1 trillion economy goal amidst the forex exchange market turmoil and the naira’s persistent weakness. The devaluation of the naira has resulted in $193 billion loss in the

November 27, 2023

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Finance & Economy - Page 143

US Inflation Lands as Shutdown Risks Starving Fed of Jobs Data for Rate Cuts

2024 Budget: Tinubu Projects 21.4% Inflation In 2024 Fiscal Year Amidst Economic Reforms

CBN’s Old, New Naira Notes To Co-exist Indefinitely – Supreme Court Rules

Expert Supports CBN’s Bank Recapitalization Policy, Emphasizes Caution, Stakeholder Engagement

Oil Theft Continues To Frustrate Nigeria’s Efforts To Ramp Up Production

Nigeria’s Diesel Prices Hit N978/Litre, Posing Economic Pressure Ahead Of Christmas

Raedial Farms CEO Canvasses Government Support In Commercial Agriculture

CBN’s FX Reforms Pose Challenges, Opportunities For Investment Bankers, Says AIHN

NNPCL Boosts Dangote Refinery With Fourth Delivery Of 1m Barrels Crude Oil

Naira Slumps To N1130/$1 Despite Prior Gains; CBN’s Measures In Focus

Persisting Forex Crisis Threatens Nigeria’s $1trn Economy Ambition

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US Inflation Lands as Shutdown Risks Starving Fed of Jobs Data for Rate Cuts

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