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Finance & Economy - Page 157

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

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Currency

Naira Exchange Rate Dips 5.4% To N808/$ Official, N1,170/$1 Black Market

The naira has experienced a 5.4% decline affecting both the official and black markets. The official rate on the NAFEM closed at N808/$1, while the parallel market saw N1170/$1. This downturn marks a new low for the Naira, as it hasn’t faced

October 21, 2023

Labour·News

NLC Strike Loading? Here’s Why Nigerian Govt’s MoU With Labour Is Under Threat

The Nigerian economy may be heading for a shutdown owing to a looming total industrial action by the organized labour. This is due to the current threat faced by the October 2 agreement between the Federal Government and Nigeria Labour Congress (NLC)

October 20, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Naira Hits N999/$1 At NAFEM As Disparity Widens

The exchange rate between the Nigerian naira and the US dollar plummeted to N999 per $1 during trading on October 19th, 2023. The alarming data, sourced from intraday trading on the FMDQ, which is the official platform for forex trading via NAFEM,

October 19, 2023

NCDMB, FIRS Offer Tax Incentives For Oil Industry R&D Investments

News·Oil & Gas

NCDMB Urges African Countries To Develop Local Competences For Economic Prosperity

Simbi Wabote, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) has stated that African countries must prioritize local capabilities to unlock economic growth. Speaking at the 2023 Africa Energy Week, he said, “African nations seeking to achieve economic

October 19, 2023

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

Business·Currency

CBN Unifies Forex Market Terminology, Introduces NAFEM

The Central Bank of Nigeria (CBN) has ushered in a new era for the Nigerian Foreign Exchange (FX) market, announcing the retirement of the Investors’ and Exporters’ (I&E) FX Window. READ ALSO: CBN Finally Lifts Forex Restrictions On 43 Items Banned By Emefiele

October 19, 2023

AMA News·Oil & Gas

Africa must rethink natural resources management to avoid adverse socio-economic consequences – experts

Rethinking responsible use of natural resources ABIDJAN, Côte d’Ivoire, 19 October 2023 -/African Media Agency(AMA)/- Africa needs to rethink how it manages its natural resources to avoid adverse socio-economic consequences that could hamper sustainable development on the continent, experts said at a recent webinar

October 19, 2023

Business·Entrepreneurship

Nigeria’s Hair-preneurs: When Soaring Exchange Rates Can’t Quench Beauty Entrepreneurship

In an exclusive interview with Prime Business Africa, hair vendors – Austin Hair and Olysaint Hair, spoke on the dynamic world of Nigeria’s hair business. Despite the challenges posed by fluctuating exchange rates, these entrepreneurs shed light on the opportunities and resilience

October 19, 2023

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

Business·Currency

Naira Official Rate Strengthens To N790.68 But Falls N1,100/$1 In Black Market

The official exchange rate for the naira strengthened to N790.68 per dollar at the close of trading on Wednesday, October 18, 2023. This data, obtained from the FMDQ where forex is traded and official exchange rates are published, revealed that the dollar

October 18, 2023

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency

Naira-Dollar Exchange Rate Hits Record Low At N848/$1 In Official Market

The exchange rate between the naira and the dollar plummeted to a record low of N848/$1 on the official investor and exporter window, as revealed by data from the FMDQ website.

October 18, 2023

We Need Collective Effort To Tackle Food Insecurity, Rural Underdevelopment - Don

Agro-Economy·News

World Food Day: Nigeria Govt Needs To Invest In Mechanised, Industrial-scale Farming – Expert

Agricultural entrepreneur and CEO of Sargasso Africa Limited, Reginald Ekeanyanwu has called on the Nigeria government to invest in mechanized and industrialized farming in other to curb the rising cost of food which is raising great concern across the country.

October 18, 2023

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Finance & Economy - Page 157

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

Naira Exchange Rate Dips 5.4% To N808/$ Official, N1,170/$1 Black Market

NLC Strike Loading? Here’s Why Nigerian Govt’s MoU With Labour Is Under Threat

Naira Hits N999/$1 At NAFEM As Disparity Widens

NCDMB Urges African Countries To Develop Local Competences For Economic Prosperity

CBN Unifies Forex Market Terminology, Introduces NAFEM

Africa must rethink natural resources management to avoid adverse socio-economic consequences – experts

Nigeria’s Hair-preneurs: When Soaring Exchange Rates Can’t Quench Beauty Entrepreneurship

Naira Official Rate Strengthens To N790.68 But Falls N1,100/$1 In Black Market

Naira-Dollar Exchange Rate Hits Record Low At N848/$1 In Official Market

World Food Day: Nigeria Govt Needs To Invest In Mechanised, Industrial-scale Farming – Expert

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