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Finance & Economy - Page 147

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

Finance & Economy·Technology

Nigerian Govt Excited As Modular Oil Refinery In Imo Produces 600 Million Litres

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, and the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, have expressed delight over the contribution of WalterSmith Modular Refinery located at Ibigwe in Ohaji/Egbema Local Government

November 21, 2023

Business·Finance & Economy·News

Security Reformation Crucial for Nigeria’s Economic Growth- Former SSS Director

Former Director of the State Security Service, Mike Ejiofor, underscored the critical link between resolving Nigeria’s security challenges and fostering economic development. Ejiofor in an interview on Tuesday on ARISENEWS, aligned with President Bola Ahmed Tinubu’s directive, emphasizing the imperative need to

November 21, 2023

Business·Currency·News·World News

US SEC Sues Kraken, Accelerating Crypto Exchange Regulation

The U.S. Securities and Exchange Commission (SEC) escalated its regulatory crackdown on cryptocurrency exchanges, filing a lawsuit against Kraken, the third-largest global exchange. Accused of operating without regulatory approval, this legal action dashes hopes within the sector of relaxed oversight following unfavorable

November 21, 2023

Why Price Of 12.5kg Gas May Hit ₦18k by December In Nigeria

Business·News·Oil & Gas

LPG Refill Costs Soar By 14.04% In October, Adding Pressure on Nigerian Homes

In light of the latest data released by the National Bureau of Statistics, the average retail cost of refilling a 12.5kg cylinder of Liquefied Petroleum Gas (LPG) surged by 14.04% in October 2023 compared to September 2023. This increase, now at N10,545.87,

November 21, 2023

Finance & Economy·News

Naira Redesign: ‘Believe It Or Not, Nigeria Is Underdeveloped Country’ – Buhari

Former President Muhammadu Buhari has maintained that he did his best in the eight years that he governed Nigeria, adding that his approval of the Naira redesign policy formulated by the Godwin Emefiele-led Central Bank of Nigeria (CBN) was to ensure that

November 21, 2023

Eni, Nigerian Govt Pause Oilfield Dispute Arbitration For License Talks

Business·News·Oil & Gas

Eni Halts Arbitration On OPL 245 Oilfield Dispute With Nigerian Govt

Eni, an Italian oil giant, has pressed pause on their arbitration proceedings concerning the OPL 245 oilfield dispute with the Nigerian government. The move aims to open discussions on transforming the license from prospecting to production, potentially unlocking one of Nigeria’s most

November 21, 2023

Business·News·Oil & Gas

Nigerian Govt Faces $16 Trillion Loss From Decade-Long Natural Gas Flaring- Report

The Federal Government of Nigeria has been revealed to have incurred an estimated loss of $16 trillion over the past decade due to natural gas flaring, as detailed in the Energy Institute’s report. Echoing concerns raised in the report, Hebrew Energy disclosed

November 21, 2023

"No Omelette Without Breaking Eggs"- Sanwo-Olu Explains Nigerians' Resistance To Tax Reform Bills

Business·Finance & Economy·News

AfDB Report Reveals Lagos Budget Disparity, Ignites Wasteful Spending Outcry

The African Development Bank (AfDB) has uncovered startling revelations about Lagos State’s budget allocation and its impact on the city’s impoverished population. The report titled From Millions to Billions: Financing the Development of African Cities’, highlighted that despite a significant portion of the

November 20, 2023

Africa·Business·News·Oil & Gas

German Chancellor Pledges $4.4 Billion For Africa-EU Green Energy Initiative

In a commitment during the G20 Compact with Africa Investment Summit in Berlin today, German Chancellor Olaf Scholz announced $4.4 billion funding injection into the Africa-EU Green Energy Initiative, aiming to span until 2030. Expressing a proactive stance, Scholz highlighted Germany’s intention

November 20, 2023

Official Market Records Decline In Dollar Rate, Trade Flat In Black Market

Business·Currency·News

13 Nigerian States Reap N71.59 Billion Forex Profits Amidst Naira’s Depreciation

In a financial upturn that defied the odds, thirteen Nigerian states have raked in a sum of N71.59 billion in foreign exchange revaluation profits within just three months. This revelation surfaced from the latest third-quarter budget implementation reports, showcasing a windfall amidst the Naira’s

November 20, 2023

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Finance & Economy - Page 147

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

Nigerian Govt Excited As Modular Oil Refinery In Imo Produces 600 Million Litres

Security Reformation Crucial for Nigeria’s Economic Growth- Former SSS Director

US SEC Sues Kraken, Accelerating Crypto Exchange Regulation

LPG Refill Costs Soar By 14.04% In October, Adding Pressure on Nigerian Homes

Naira Redesign: ‘Believe It Or Not, Nigeria Is Underdeveloped Country’ – Buhari

Eni Halts Arbitration On OPL 245 Oilfield Dispute With Nigerian Govt

Nigerian Govt Faces $16 Trillion Loss From Decade-Long Natural Gas Flaring- Report

AfDB Report Reveals Lagos Budget Disparity, Ignites Wasteful Spending Outcry

German Chancellor Pledges $4.4 Billion For Africa-EU Green Energy Initiative

13 Nigerian States Reap N71.59 Billion Forex Profits Amidst Naira’s Depreciation

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