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Finance & Economy - Page 174

Ajaero’s Arrest By DSS ‘A Brazen Act Of Lawlessness, Intimidation’ – NLC

NLC Rejects Federal Government’s ₦3 Trillion Power Sector Bailout

The Nigeria Labour Congress (NLC) has opposed plans by the federal government to grant a ₦3 trillion bailout to privately owned electricity generation companies, arguing that the move will not resolve the country’s power supply challenges. In a statement signed by its

February 20, 2026

Business·News·Real Estate

Abbey Mortgage Bank Shareholders Approve Capital Reduction To Unlock Future Dividends

In a move aimed at paving the way for future dividends, shareholders of Abbey Mortgage Bank Plc have resoundingly endorsed the board of directors’ proposal to reduce the company’s issued share capital by N3.541 billion. This landmark decision was made at an

September 30, 2023

Labour·News

NASU Mobilizes Members In Schools For October 3 Strike

NASU) has directed its state councils and branches to mobilise members in tertiary institutions across Nigeria to embark on an indefinite strike beginning from October 3, 2023

September 30, 2023

Dangote Refinery Boosts U.S. Jet Fuel Supply As Demand Rises

Business·News·Oil & Gas

Fluenta Deploys 18 Ultrasonic Meters At Dangote Refinery For Sustainable Energy

In a move towards sustainable energy practices, Fluenta, the global leader in ultrasonic sensing technology for measuring flare gas, is set to deploy 18 ultrasonic flare gas meters at the Dangote Petroleum Refinery. This initiative comes as Nigerian authorities take a decisive

September 30, 2023

NNPCL Denies Inflating Fuel Subsidy Payments

Business·News·Oil & Gas

NEC Confirms $3 Billion Loan For Crude Oil To Stabilize Naira

In a significant development, the National Economic Council (NEC) has given the green light to the $3 billion emergency loan-for-crude oil secured by the Nigerian National Petroleum Company (NNPC) Limited back in August. The purpose? To bring stability to the beleaguered naira,

September 30, 2023

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

Business·Currency·News

Dollar Surges To N810 In Official Market, Parallel Traders Maintain Rates Above N1000

In a day of wild swings, the foreign exchange market saw the dollar rate in the investors’ and exporters’ window reach unprecedented heights, hitting a staggering N810.78 per $1 on Thursday. However, it wasn’t all uphill for the dollar, as it also

September 30, 2023

Business·News·Real Estate

Unlocking Potential Of Nigerian Real Estate: Opportunities And Challenges

Nigerian real estate market has witnessed significant growth and transformation in recent times. With a growing population, urbanization, and an expanding middle class, the demand for housing and commercial properties has increased, making real estate investment an attractive venture. According to the

September 30, 2023

Labour·News

NUPENG Mobilises Tanker Drivers, Petrol Station Workers For Nationwide Strike

NUPENG) has directed its members across the country to mobilise and ensure full compliance with the directive of organised labour to embark on a nationwide strike starting from midnight of 3rd October 2023.NUPENG) has directed its members across the country to mobilise

September 29, 2023

Business·Finance & Economy·News

Muda Yusuf Advises CBN, Other Authorities To Create Policies That Encourage Domestic Investments In Nigeria

Chief Executive Officer of the Centre For Promotion of Private Enterprise (CPPE), Dr Muda Yusuf, has called on the Central Bank of Nigeria (CBN) and other fiscal authorities in the country to make policies that would favour an increase in domestic investments

September 28, 2023

Business·Finance & Economy·News

FG To Release Of CBN Audit Report Soon

The Federal Government of Nigeria has revealed that the special investigator, Jim Obazee, has completed an extensive audit report on the operations of the Central Bank of Nigeria (CBN). This highly anticipated report is expected to shed light on the issues that

September 28, 2023

Agro-Economy

Food Prices Increase By 31% In Ebonyi, Abia In One Year

Food prices in Nigeria, particularly in Ebonyi and Abia states, have surged by a staggering 31 percent over the past year, from July 2022 to July 2023, according to the National Bureau of Statistics‘ monthly ‘Selected Food Price Watch’ report. This surge

September 28, 2023

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Soludo Seals Shops for Two Weeks over Monday Sit-at-Home

The Anambra State Government has sealed dozens of shops at

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Finance & Economy - Page 174

NLC Rejects Federal Government’s ₦3 Trillion Power Sector Bailout

Abbey Mortgage Bank Shareholders Approve Capital Reduction To Unlock Future Dividends

NASU Mobilizes Members In Schools For October 3 Strike

Fluenta Deploys 18 Ultrasonic Meters At Dangote Refinery For Sustainable Energy

NEC Confirms $3 Billion Loan For Crude Oil To Stabilize Naira

Dollar Surges To N810 In Official Market, Parallel Traders Maintain Rates Above N1000

Unlocking Potential Of Nigerian Real Estate: Opportunities And Challenges

NUPENG Mobilises Tanker Drivers, Petrol Station Workers For Nationwide Strike

Muda Yusuf Advises CBN, Other Authorities To Create Policies That Encourage Domestic Investments In Nigeria

FG To Release Of CBN Audit Report Soon

Food Prices Increase By 31% In Ebonyi, Abia In One Year

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Finance & Economy - Page 174

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