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Finance & Economy - Page 144

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

Business·News·Oil & Gas

Tinubu Reappoints Kyari As NNPCL CEO, Appoints New Board Members

President Bola Tinubu reappoints Mallam Mele Kolo Kyari as the CEO of the Nigerian National Petroleum Company Limited (NNPCL), and as announced the appointment of new board members. This decision, alongside the formation of a new board and management team, underscores a

November 27, 2023

Agro-Economy·Business·News

Lagos State Commissioner Urges Youth Participation In Agriculture

Lagos State Commissioner of Agriculture, Ms. Abisola Olusanya Advocates Youth Involvement in Farming as Crucial for Economic Growth and Development. The call for increased youth engagement in agriculture resonated strongly at the Salespush Academy seminar titled “Unleashed Potential: Harnessing Opportunities in Agriculture,

November 27, 2023

Business·Finance & Economy

Companies Increase Staff Salaries By 18.35% Amid Soaring Inflation

Nigerian companies have moved to cushion the effect of the soaring inflation by increasing staff salaries by 18.35%. The move revealed through data from the National Bureau of Statistics (NBS) ‘Nigerian Gross Domestic Product Report,’ signals an increase from N24.88 trillion in

November 27, 2023

Senate Speedily Passes N2.176trn Supplementary Budget, Cites Dry Season As Reason

Business·News·Oil & Gas

Nigerian Lawmakers To Probe N250 Billion CBN Disbursement For Gas Expansion Program

The Nigerian Senate gears up for a deep dive into the utilization of the over N250 billion disbursed by the Central Bank of Nigeria (CBN) under the Nigeria Gas Expansion Programme (NGEP) intervention fund. The investigative hearing, set to commence on November

November 26, 2023

NMDPRA: Nigerian Govt Will Not Fix Price For Petroleum Products From Dangote Refinery, Pushes CNG Expansion

Business·News·Oil & Gas

Dangote Announces $20 Billion Refinery Listing On NGX

Nigerian business mogul Aliko Dangote has unveiled plans to list his $20 billion Dangote Refinery on the Nigerian Exchange Limited (NGX). Dangote revealed the resolution of critical challenges hindering crude oil supply, a milestone propelling the refinery towards its long-anticipated listing. “We

November 26, 2023

Tomato Supply Threat Sparks Fear Of Price Hike In Lagos Over Market Clash

Agro-Economy·Business·News

Food Prices Skyrocket Beyond Reach As Tomato Prices In Nigeria Soar 48.73% To N675.91/kg

Nigeria faces surge in food prices, according to the latest report by the National Bureau of Statistics (NBS) for October. The cost of essential commodities has soared with tomatoes, rice, boneless beef, and Gari witnessing price hikes, intensifying the burden on consumers.

November 26, 2023

Africa·Business·News·Oil & Gas

Nigerian Govt Pledges Commitment To West African Gas Pipeline Project

Minister of State for Petroleum Resources (Gas) Ekperikpe Ekpo has reiterated Nigeria’s support for the West African Gas Pipeline Project, emphasizing the government’s dedication to realizing its full potential. In his speech, In an address at the WAGP Authority Committee of Ministers

November 26, 2023

Agro-Economy·Business·News

Nigeria’s Stockfish Imports From Norway Declines Amid Economic Challenges

Nigeria which is traditionally the largest importer of Norwegian stockfish, experienced a drop in imports in 2023. Expressing concern over the reduction, the Norwegian Seafood Council revealed during a workshop in Lagos highlighted that challenges linked to Nigeria’s economic recession and currency

November 26, 2023

Agro-Economy·Business·News

The Alternative Bank Signs Multi-Sector Deal For Niger State’s Development

The Alternative Bank has sealed a multiyear deal with the Niger State government, aiming to drive growth across sectors including agriculture, transportation, energy, and infrastructure. “This Memorandum of Understanding represents a pivotal step toward maximizing our agricultural potential,” remarked Mohammed Bago, Governor of

November 25, 2023

CBN Reforms Yielding Positive Returns As FX Transactions Surge To $800m, CBN Gov Assert

Business·Finance & Economy·News

CBN Governor Reveals $1.4B Loss Over 8 Years From 43-Item Forex Restrictions

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has revealed losses amounting to $1.4 billion over eight years due to the CBN’s ban on 43 items. Cardoso made this revelation at the 58th Annual Bankers’ Dinner organized by the Chartered Institute

November 25, 2023

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Finance & Economy - Page 144

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

Tinubu Reappoints Kyari As NNPCL CEO, Appoints New Board Members

Lagos State Commissioner Urges Youth Participation In Agriculture

Companies Increase Staff Salaries By 18.35% Amid Soaring Inflation

Nigerian Lawmakers To Probe N250 Billion CBN Disbursement For Gas Expansion Program

Dangote Announces $20 Billion Refinery Listing On NGX

Food Prices Skyrocket Beyond Reach As Tomato Prices In Nigeria Soar 48.73% To N675.91/kg

Nigerian Govt Pledges Commitment To West African Gas Pipeline Project

Nigeria’s Stockfish Imports From Norway Declines Amid Economic Challenges

The Alternative Bank Signs Multi-Sector Deal For Niger State’s Development

CBN Governor Reveals $1.4B Loss Over 8 Years From 43-Item Forex Restrictions

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