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Finance & Economy - Page 152

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

Agro-Economy·Business·News

NASENI, Ministry of Agriculture Partner To Boost Agro-Allied Industries, Food Security

The National Agency for Science and Engineering Infrastructure (NASENI) and the Federal Ministry of Agriculture and Food Security have initiated discussions to harness their technical expertise and resources for the enhancement of agro-allied industries, climate change mitigation, and smart solar irrigation to

November 8, 2023

NLC To Suspend Strike Action Against CBN, FG Intervenes In Dispute

Labour·News

NLC, TUC Orders Immediate Withdrawal Of Services In Imo

Both leaders of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have ordered the immediate withdrawal of services and shutdown of Imo State effective from Tuesday’s midnight. The leaderships of the two unions reached the resolution after an

November 8, 2023

Obaseki Pledges $35,000 To Fund Edo State Film Festival

Business·Finance & Economy·News

Obaseki Calls For Federal-State Economic Renegotiation Amidst Growing Weakness

Governor Godwin Obaseki of Edo State has said that the Federal Government’s diminishing strength in the face of economic challenges necessitates a renegotiation with states to find sustainable solutions. Speaking directly to a group of newly employed first-class graduates, and young professionals,

November 7, 2023

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

Business·Currency·News

Naira Depreciates To N869/$1 In Official Market, Gains In Black Market

The exchange rate between the Naira and the US Dollar saw a drop to N869.91 per dollar on Tuesday at the official market. This development marks an N60.89 loss, representing a 6.99% decline in the local currency compared to the N809.02 it

November 7, 2023

Business·News·Oil & Gas

$20 Billion Needed Annually To Address Nigeria’s Gas Infrastructure Gap- NEITI

Dr. Ogbonnaya Orji, the Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), emphasized the urgent need for an estimated $20 billion per year to bridge the expanding gas infrastructure gap in Nigeria. Speaking at the Nigerian International Pipeline and Security

November 7, 2023

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

Business·Finance & Economy·News

FAAC Disburses N1.80 Trillion In August 2023, N0.9 Trillion Drop From July

The Federation Account Allocation Committee (FAAC) disbursed N1.80 trillion to the three tiers of government in August 2023, marking a decrease of N0.9 trillion from the N1.89 trillion disbursed in July 2023. While the National Bureau of Statistics (NBS) released the FAAC

November 7, 2023

Israel-Iran Crisis: Crude Oil Prices Will Rise Above $90 Per Barrel If Conflict persists

Business·News·Oil & Gas

Massive Investment Needed to Revive Nigeria’s Oil Production, Says AA Holdings Chairman

The Chairman of AA Holdings, Dr. Austin Avuru, has highlighted the massive investment required to breathe new life into the country’s oil production. As Nigeria seeks to reinvigorate its energy sector and regain its foothold in the global oil market, the Chairman’s declaration

November 7, 2023

Business·Oil & Gas

Train-7 Project Hits 52%, Employs 8,300 Persons

The $5 billion Train-7 project being undertaken by the Nigeria Liquefied Natural Gas (NLNG) at Finima, Bonny Island, Rivers State has reached 52 percent and currently engages 8,300 Nigerians of diverse skill sets. This was made known on Friday when Management of

November 6, 2023

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

Business·Currency·News·World News

Naira Falls To N809/$1 In Official Market, Appreciates 16.8% In Black Market

The Nigerian naira experienced a depreciation, closing at N809.02 per US dollar at the official market on Monday, the 6 of November 2023. This marked a 4.06% increase from the N776.14/$1 rate recorded just three days earlier, on Friday, 3rd November. The

November 6, 2023

Africa·Business·Finance & Economy·News

ShafDB Receives Stellar Credit Ratings, To Address Africa’s Housing Crisis

Agusto & Co. Limited, Nigeria’s Credit Rating Agency, has assigned ‘A(ken)’ and ‘A+(ngr)’ ratings to Shelter Afrique Development Bank (ShafDB), to address Africa’s housing crisis and driving affordable housing demands and supply across the continent. The agency has also reaffirmed ‘A+(ngr)’ ratings

November 6, 2023

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Finance & Economy - Page 152

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

NASENI, Ministry of Agriculture Partner To Boost Agro-Allied Industries, Food Security

NLC, TUC Orders Immediate Withdrawal Of Services In Imo

Obaseki Calls For Federal-State Economic Renegotiation Amidst Growing Weakness

Naira Depreciates To N869/$1 In Official Market, Gains In Black Market

$20 Billion Needed Annually To Address Nigeria’s Gas Infrastructure Gap- NEITI

FAAC Disburses N1.80 Trillion In August 2023, N0.9 Trillion Drop From July

Massive Investment Needed to Revive Nigeria’s Oil Production, Says AA Holdings Chairman

Train-7 Project Hits 52%, Employs 8,300 Persons

Naira Falls To N809/$1 In Official Market, Appreciates 16.8% In Black Market

ShafDB Receives Stellar Credit Ratings, To Address Africa’s Housing Crisis

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