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Finance & Economy - Page 156

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resigns

President Tinubu has nominated new chief executives for Nigeria’s petroleum regulatory agencies following the resignation of the heads of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), developments that come amid intense controversy

December 18, 2025

Finance & Economy·News

Solid Minerals Remit Least As Nigeria’s Revenue From NNPC Declines By 56% In 2 Years

It has emerged that between the 1st of January 2020 and 31st of December, 2021, contributions from the Nigerian National Petroleum Company (NNPC) to the federation’s purse declined significantly by 56 per cent, just as remittances from the Federal Inland Revenue Service

November 10, 2023

Adesina Spoke Like Peter Obi, Onanuga Reacts Over Claims On GDP Per Capita

Finance & Economy·News

AfDB’s Adesina Differentiates Between Africa’s Fastest Way Out Of Poverty, And Into Wealth

Insisting that Africa must help feed the world by becoming a global player in agriculture, President of the African Development Bank (AfDB), Dr Akinwumi Adesina says “We must recognise that the fastest way to poverty is via the export of raw commodities,

November 9, 2023

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

Business·Currency·News

Naira Gains To N1120/$1 As Nigerian Govt Aims To Boost Dollar Supply

The Naira experienced a gain of 1.75 percent against the dollar on the parallel market, reaching N1120/$1 on Thursday. This upward movement is attributed to growing optimism surrounding the government’s plans to enhance dollar liquidity and digitalize FX transactions. The government’s initiatives aim

November 9, 2023

Democracy Day: Nigeria In A Classical State Capture - Obi

Business·Finance & Economy·News·Politics

Obi Slams ‘Lavish’ Expenditure in 2023 Supplementary Budget, Calls For Focus On National Welfare

In a scathing critique of the approved N2.17 trillion 2023 supplementary budget, former Anambra state governor and Labour Party presidential candidate, Mr. Peter Obi, lambasted the government’s allocation of funds for what he termed “lavish indulgence.” Speaking on Wednesday on his X page

November 9, 2023

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency·News

Naira Depreciates In Official Market, Black Market On Wednesday

The naira took a dip against the U.S. dollar, leaving speculators scratching their heads. The official market, usually a bastion of stability, witnessed a 0.55% depreciation, closing at N874.71 to a dollar on Wednesday. This marked a contrast to the brief uptick recorded

November 9, 2023

Naira Depreciation Spurs Export Surge To N35trn

Business·Currency·News

Old, Redesigned Naira Notes Remain Legal Tender – CBN

The Central Bank of Nigeria (CBN) has reiterated that the old and newly redesigned naira notes remain legal tender. The CBN emphasized this point following Section 20(5) of the CBN Act, 2007. Despite previous assurances of adequate cash stocks across the country,

November 8, 2023

Agro-Economy·Business·News

Nigeria’s Agricultural Exports Face US Rejection Due To Food Safety Gaps- USDA

The United States Department for Agriculture (USDA) pointed out that Nigeria’s agricultural produce is facing rejection in the international market, primarily due to a lack of food safety documentation. This disconcerting issue was highlighted by the Councilor for Agriculture Affairs, USDA, Christopher

November 8, 2023

Africa·Business·News·Oil & Gas

NNPCL, Aiteo Launch Nembe Crude Oil Grade

The Nigerian National Petroleum Company Limited (NNPCL) and Aiteo have jointly introduced the Nembe crude oil grade. The announcement was made at the Argus European Crude Conference in London, with Olufemi Soneye, NNPCL’s Chief Corporate Communications Officer, delivering the news on Wednesday,

November 8, 2023

News·Oil & Gas

Tinubu Names 3 New NUPRC Executive Commissioners

Bola Tinubu has appointed three new Executive Commissioners to serve in the Nigerian Upstream Petroleum Regulatory Commission

November 8, 2023

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

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Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

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Finance & Economy - Page 156

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resigns

Solid Minerals Remit Least As Nigeria’s Revenue From NNPC Declines By 56% In 2 Years

AfDB’s Adesina Differentiates Between Africa’s Fastest Way Out Of Poverty, And Into Wealth

Naira Gains To N1120/$1 As Nigerian Govt Aims To Boost Dollar Supply

Obi Slams ‘Lavish’ Expenditure in 2023 Supplementary Budget, Calls For Focus On National Welfare

Naira Depreciates In Official Market, Black Market On Wednesday

Old, Redesigned Naira Notes Remain Legal Tender – CBN

Nigeria’s Agricultural Exports Face US Rejection Due To Food Safety Gaps- USDA

NNPCL, Aiteo Launch Nembe Crude Oil Grade

Tinubu Names 3 New NUPRC Executive Commissioners

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

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