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Finance & Economy - Page 158

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

Finance & Economy

Nigeria’s Debt Crisis Deepens With 183% Debt Service To Revenue Ratio

Nigeria’s debt service to revenue ratio has skyrocketed to 183% during the first quarter of 2023, as disclosed by the Budget Office. This development points to the nation’s financial woes, triggering concerns about fiscal sustainability. The data unveiled within the Budget Office’s

October 17, 2023

Business·News·Oil & Gas

OPEC Envisions Medium-Term Emergence Of Modular Refineries In Nigeria

OPEC) has announced that Nigeria is on the verge of a transformation in its energy sector with the establishment of medium-term modular refineries with a daily production capacity of 20,000 barrels each.

October 17, 2023

Agro-Economy·News

Food Security: SEEDAN Calls For Govt Investment In Seeds

Agricultural experts in Nigeria have called for increased government investments in agricultural research institutes and seed development to boost production and guarantee the country’s food security. They posited that past government funding primarily directed towards fertilizers and farm inputs has not been

October 17, 2023

Why Nigerian Govt Need Supplementary Budget To Pay minimum wage- IMF

Finance & Economy

IMF Calls For Global Action As 158 Million Battle Hunger In Africa

The International Monetary Fund (IMF) has urged global leaders to unite in addressing a dire food security crisis in Africa, as 158 million people currently grapple with hunger on the continent. The IMF’s urgent plea seeks to mobilize concerted efforts to combat

October 16, 2023

Nigeria's Inflation Rate Increases To 26.72%, AS Food Prices Soars

Business·Finance & Economy

NBS Releases Latest Data On Food Prices As Nigeria’s Inflation Hits 26.72%

The National Bureau of Statistics (NBS) on Monday disclosed that Nigeria’s annual inflation rate rose to 26.72 per cent in September from 25.80 per cent in the previous month, even as the headline inflation rate rose year-on-year (YoY) by 26.72 per cent

October 16, 2023

Agro-Economy

5 Health Benefits of Sorghum

Sorghum, also known as guinea corn or dawa in the local Nigerian dialect, is a cereal crop that originated from Africa and is consumed worldwide. It is mostly cultivated and considered the most important food crop in the Savanna areas of Nigeria.

October 15, 2023

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

Business·Currency

Official Forex Market Sees $53.02m Surge As Nigeria Lifts Ban On 43 Items

Forex Market witnessed a surge in turnover, totaling $53.02 million, following the Central Bank of Nigeria's decision to lift the ban on 43 items.

October 15, 2023

News·Oil & Gas

Shell Confirms Oil Spill In Bayelsa, As Community Pleads For Swift Action

Shell Petroleum Development Company (SPDC) Nigeria has confirmed an oil spill from its flow station in Peremabiri community, Southern Ijaw Local Government Area of Bayelsa State on Friday October 13. The oil leak has wreaked havoc on farmlands, including those with economic

October 14, 2023

NNPC Doesn’t Have Fuel To Sell – Oil Marketers’ Depot Chairman Says

Business·Oil & Gas

Nigeria’s NNPC Ends Crude Swap For Cash

The Nigerian National Petroleum Company Limited (NNPCL) has ended the crude oil swap deal and adopted cash tenders for fuel procurement. The move, as reported by Reuters, signifies a departure from a decade-old practice aimed at eliminating costly fuel subsidies and bolstering

October 13, 2023

Analysts Seek Urgent Measures To Save Wheat Value Chain As Global Market Price Rises By 31.4% In Q1, 2022

Agro-Economy·News

Nigerian Govt Okays 50% Subsidy For Wheat Farmers To Secure Boost Production

Minister of Agriculture Abubakar Kyari has announced an plans by the Federal Government to provide 50% subsidy to wheat farmers as part of measures to achieve food security and self-sufficiency. This measures is specifically aimed at boosting wheat production in the country

October 13, 2023

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Finance & Economy - Page 158

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

Nigeria’s Debt Crisis Deepens With 183% Debt Service To Revenue Ratio

OPEC Envisions Medium-Term Emergence Of Modular Refineries In Nigeria

Food Security: SEEDAN Calls For Govt Investment In Seeds

IMF Calls For Global Action As 158 Million Battle Hunger In Africa

NBS Releases Latest Data On Food Prices As Nigeria’s Inflation Hits 26.72%

5 Health Benefits of Sorghum

Official Forex Market Sees $53.02m Surge As Nigeria Lifts Ban On 43 Items

Shell Confirms Oil Spill In Bayelsa, As Community Pleads For Swift Action

Nigeria’s NNPC Ends Crude Swap For Cash

Nigerian Govt Okays 50% Subsidy For Wheat Farmers To Secure Boost Production

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