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Finance & Economy - Page 17

Business·News·Oil & Gas·Top Stories

Dangote Refinery Pledges Uninterrupted Fuel Supply, Cites Tariff Policy as Boost to Local Industry

The Refinery currently produces over 45 million liters of PMS and 25 million liters of diesel daily.

November 1, 2025

Finance & Economy·News

Nigeria’s Inflation Drops To 22.22% In June

Nigeria’s headline inflation rate has further dropped to 22.22 per cent in June, reflecting a 0.75 per cent decline from the 22.97 per cent recorded in May 2025. This is, according to the Consumer Price Index (CPI) report released on Wednesday, 16 July

July 16, 2025

Business·Oil & Gas

Oil Production: Nigeria Again Exceeds OPEC Quota In 2025

Nigeria’s oil production has shown significant improvement in 2025, with the country exceeding the production quota allocated to it by the Organisation of the Petroleum Exporting Countries (OPEC) for the second time this year. The first time was in January and the second

July 16, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th July 2025

What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian naira (NGN) in the parallel market, also known as black market, as of 16th July 2025, is N1,550

July 16, 2025

Business·Oil & Gas

Refinery Sale: NNPC Should Prioritise Competence, Expertise In Selecting Prospective Buyer – IPMAN

The Independent Petroleum Marketers Association of Nigeria (IPMAN), has called on the relevant authorities to prioritise competence, and technical expertise in refinery operations while selecting prospective buyer of the Port Harcourt refinery, if the NNPC finally decides to sell it off. IPMAN

July 15, 2025

Business·Oil & Gas

NMDPRA Enabled $1.2bn Investments In Modular Refineries – DAPPMAN

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has applauded the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for modernizing licensing processes, which it said have attracted $1.2 billion in investments in modular refineries since 2022. In a statement, signed by

July 15, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 15th July 2025

July 15, 2025

Business·Currency·Markets

Naira Opens Week With Massive Gain Against Dollar

The Nigerian naira began the week on a positive note, recording a significant gain against the United States dollar at the official foreign exchange market. According to data released by the Central Bank of Nigeria (CBN), the naira appreciated to ₦1,518.88 per

July 15, 2025

Business·Finance & Economy

Nigeria’s Exports To U.S. Fall By $527m As Trade Tensions Deepen

Exports of Nigerian goods to the United States dropped by $527 million year-on-year to $2.12 billion between January and May 2025 from $2.65 billion in the corresponding period of 2024. This reflects a 20 per cent drop, according to official data from

July 14, 2025

Business·Finance & Economy

More Confidence In Nigeria’s FX Market As FPI Inflows Rise By 134% In June

Foreign Portfolio Investment (FPI) has continued to dominate foreign inflows into Nigeria’s economy. It rose by 133.6 per cent month-on-month to $2.73 billion in June 2025. This is considered the highest level in more than two years. FPIs constituted 56.3 per cent

July 14, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 14th July 2025

July 14, 2025

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Finance & Economy - Page 17

Dangote Refinery Pledges Uninterrupted Fuel Supply, Cites Tariff Policy as Boost to Local Industry

Nigeria’s Inflation Drops To 22.22% In June

Oil Production: Nigeria Again Exceeds OPEC Quota In 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th July 2025

Refinery Sale: NNPC Should Prioritise Competence, Expertise In Selecting Prospective Buyer – IPMAN

NMDPRA Enabled $1.2bn Investments In Modular Refineries – DAPPMAN

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 15th July 2025

Naira Opens Week With Massive Gain Against Dollar

Nigeria’s Exports To U.S. Fall By $527m As Trade Tensions Deepen

More Confidence In Nigeria’s FX Market As FPI Inflows Rise By 134% In June

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 14th July 2025

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Dangote Refinery Pledges Uninterrupted Fuel Supply, Cites Tariff Policy as Boost to Local Industry

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