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Finance & Economy - Page 189

Business·Finance & Economy·Labour·News·Nigeria·Top Stories

Nigeria-Germany Talks Raise Hopes for Power, Jobs, Security Gains

Millions of Nigerians struggling with unreliable electricity and limited job opportunities could see some relief after fresh talks between President Bola Tinubu and Germany’s Chancellor Friedrich Merz. In a brief phone call on Wednesday, the two leaders discussed closer cooperation on power,

February 19, 2026

News·Oil & Gas

Subsidy Removal: NLC Requests For More Modular Refinery Licences In Edo

The Chairman of Nigeria Labour Congress (NLC), Edo State Chapter, Comrade Odion Olaye, has called on the Federal Government to issue more modular refinery licenses to operators in the state to expand the state’s refinery output. Olaye said the state is already

August 8, 2023

The authorised dealers in the official market sold the United States Dollar (USD) at the rate of N774.77/$1 at the end of trading on Tuesday.

Business·Oil & Gas

Seplat Energy Recommits To Safety, Environmental Sustainability

Seplat Energy Plc, a Nigerian independent energy company says its commitment to operational safety and environmental sustainability is a conscious one and remains unwavering. The Company achieved over 4.2 million hours without any Lost Time Injury (LTI) year-on-year on in its operated

August 8, 2023

Africa·Agro-Economy·Business

How Russia’s Withdrawal From Black Sea Grain Deal May Escalate Food Shortages In African Countries

The ongoing crisis between Russia and Ukraine has continued to pose a significant negative impact on the global economy with supply chain disruptions on countries that depend on imports from the two nations. This time, African countries including Nigeria may have to

August 8, 2023

Business·Oil & Gas

Seplat Operating Profit Falls By 51.7%, Records $33.8m Net Loss

The naira devaluation affected the operating profit of Seplat Energy in the first half (H1) of 2023, Prime Business Africa gathered. Seplat’s operating profit depreciated by 51.7 per cent or $126.90 million due to the naira devaluation and low oil prices, according

August 8, 2023

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar Trades As Low As N475/$1 In Official Market, Stabilises In Black Market

Authorised dealers in the investors’ and exporters’ window on Monday increased the asking price of the United States Dollar to N774.78/$1. Investors and exporters saw the price rise by N31.71 kobo at the end of trading in the I&E window of the

August 8, 2023

Business·Oil & Gas

Seplat Shareholders Demand Sack Of CEO, Board Amid Legal Fees Controversy

Seplat shareholders have asked the Financial Reporting Council of Nigeria (FRCN) and the Security and Exchange Commission (SEC) to investigate the oil and gas company. The shareholders under the umbrella, the Independent Shareholders Association of Nigeria (ISAN) also called for the sack

August 7, 2023

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Currency

CBN-backed I&E Window Reduces Dollar Rate, Black Market Sellers Hike Price

The price of the United States Dollar was reduced by N33.43 kobo at the end of trading in the official market on Friday, as it closed at N743.07/$1. Prime Business Africa gathered that the reduction in the dollar rate showed the naira

August 7, 2023

Makinde Provides Update On Ibadan Explosion’s Victims

Finance & Economy·News

Subsidy Removal: Makinde Speaks On Economic Recovery Plans Amid Protests

Oyo State governor, ‘Seyi Makinde, on Saturday, announced the short-term plans of the administration to mitigate the effects of the fuel subsidy removal on residents of the state, saying that his administration will continue to put the interest of the people first.

August 6, 2023

News·Oil & Gas

Wabote Advocates Corporate Governance For Indigenous Oil Firms, Hails Aradel Holdings

Indigenous oil and gas companies must instill principles of corporate governance in their operations if they are to grow and achieve sustainability, says the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi KesiyeWabote. Speaking virtually on Friday,

August 5, 2023

Business·Currency

Dollar Sells At N776/$1 In I&E window, USD Price Changes In Black Market

Investors’ and exporters’ window recorded N776.50/$1 as the closing exchange rate between the naira and the United States Dollar on Thursday. The exchange rate between both currencies was raised by N34.86 kobo from the N741.64/$1 rate reported at the end of trading

August 4, 2023

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Finance & Economy - Page 189

Nigeria-Germany Talks Raise Hopes for Power, Jobs, Security Gains

Subsidy Removal: NLC Requests For More Modular Refinery Licences In Edo

Seplat Energy Recommits To Safety, Environmental Sustainability

How Russia’s Withdrawal From Black Sea Grain Deal May Escalate Food Shortages In African Countries

Seplat Operating Profit Falls By 51.7%, Records $33.8m Net Loss

Dollar Trades As Low As N475/$1 In Official Market, Stabilises In Black Market

Seplat Shareholders Demand Sack Of CEO, Board Amid Legal Fees Controversy

CBN-backed I&E Window Reduces Dollar Rate, Black Market Sellers Hike Price

Subsidy Removal: Makinde Speaks On Economic Recovery Plans Amid Protests

Wabote Advocates Corporate Governance For Indigenous Oil Firms, Hails Aradel Holdings

Dollar Sells At N776/$1 In I&E window, USD Price Changes In Black Market

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