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Finance & Economy - Page 156

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

Nigeria’s Oil Production Declines By 33,000 Barrels As OPEC Reports Setback In September

Business·Oil & Gas

OPEC Canvasses $14trn Investment To Meet Soaring Global Oil Demand

OPEC Secretary General, Haitham Al Ghais, has made an urgent call for a $14 trillion investment between 2023 and 2045 in a plea to address the escalating global thirst for oil and energy demands.

October 24, 2023

Business·Finance & Economy

Experts Call For Local Production To Strengthen The Naira

Experts have pointed out that local productivity can strengthen the Naira. This is coming as Nigerians continue to decry the unending depreciation of the Naira in spite of monetary policy initiatives by the Central Bank of Nigeria (CBN) to strengthen the currency.

October 24, 2023

Finance & Economy·News

Lagos, Rivers, FCT Lead As States Generate N1.93tn – NBS

Lagos, Rivers, and the Federal Capital Territory (FCT) emerged as the frontrunners in state-generated revenue, with a collective total of N1.93 trillion in 2022. Data released by the National Bureau of Statistics (NBS) on Monday revealed that the nation’s states saw their

October 24, 2023

Business·Currency

Kenyan Shilling Hits Low At 150 To US Dollar Amid Economic Challenges

The Kenyan shilling, battling multiple economic headwinds, reached an unprecedented low of 150 shillings to the US dollar on Monday, exacerbating the financial woes of Kenyan citizens grappling with soaring inflation and new taxes. The shilling has been on a sustained decline

October 24, 2023

Tinubu Threatens To Shock Naira Speculators With N500/$1 Exchange Rate

Finance & Economy

Tinubu Vows To Re-float Nigeria’s Economy After Floating Naira

As the naira continues its free fall exchanging N1200/$1 today in the parallel market owing to the floating of the currency mid-June, President Bola Tinubu has vowed to clear foreign exchange contracts backlog discouraging investor confidence. Speaking at the ongoing Nigeria Economic

October 23, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency·News

Naira Drops Further To N1,186/$1 Amid Nigeria’s Economic Turbulence

In the backdrop of a turbulent week for Nigeria’s economy, the naira witnessed a fresh low of N1,186 against the US dollar in the unofficial market. This decline can be attributed to the demand for the greenback. An interesting twist in this

October 22, 2023

Agro-Economy·Business

Nigeria’s Palm Oil Imports From Malaysia Soar By 65.3% In 2023

Nigeria’s palm oil imports from Malaysia, a global palm oil giant, surged by 65.3% during the first nine months of 2023. READ ALSO: Nigeria Fails To Pluck Low-hanging Fruits, Imports N300bn Palm Oil In 6 Years According to data from the Malaysian Palm

October 22, 2023

Finance & Economy·News

Nigerian Govt Restructures CBN Debt To N4.36tn In 2023

The Nigerian government has restructured its debt to the Central Bank of Nigeria (CBN), resulting in a reduction of the owed amount to N4.36 trillion as of June 2023, according to data from the CBN’s quarterly statistical bulletin. This change follows

October 22, 2023

Fresh Petrol Price Hike Stokes Fears Of Further Inflation Spike In Nigeria

Business·News·Oil & Gas

Petrol Price Jumped To N626.21 In September – NBS

NBS) on Saturday disclosed that the average retail price of a litre of premium motor spirit (otherwise called petrol) increased from N191.65 in September 2022 to N626.21 in September 2023.

October 21, 2023

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

Business·Currency·News

ACTN Tasks Nigerian Govt On Tackling Widening Naira-Dollar Disparity

The Association of Corporate Treasurers of Nigeria (ACTN) has voiced their concern about the ongoing depreciation of the Naira against the dollar.

October 21, 2023

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Finance & Economy - Page 156

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

OPEC Canvasses $14trn Investment To Meet Soaring Global Oil Demand

Experts Call For Local Production To Strengthen The Naira

Lagos, Rivers, FCT Lead As States Generate N1.93tn – NBS

Kenyan Shilling Hits Low At 150 To US Dollar Amid Economic Challenges

Tinubu Vows To Re-float Nigeria’s Economy After Floating Naira

Naira Drops Further To N1,186/$1 Amid Nigeria’s Economic Turbulence

Nigeria’s Palm Oil Imports From Malaysia Soar By 65.3% In 2023

Nigerian Govt Restructures CBN Debt To N4.36tn In 2023

Petrol Price Jumped To N626.21 In September – NBS

ACTN Tasks Nigerian Govt On Tackling Widening Naira-Dollar Disparity

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