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Finance & Economy - Page 195

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

Naira Opens Week With Gain Across FX Markets

Business·Currency

Official Dollar Rate Surpasses Black Market Price, One Pound Hits N1002

In the official market on Friday, the dollar rate was increased by N14.27 kobo by the authorised dealers, while the naira depreciated by 1.87 per cent. This led to their clients buying the United States Dollar (USD) at the rate of N776.90/$1,

July 10, 2023

Finance & Economy·News

Audit Experts Urge President Tinubu To Sign Federal Audit Service Bill To Replace 1956 Act

Audit experts on Thursday called on President Bola Ahmed Tinubu to expeditiously sign the new Federal Audit Service Bill ignored by former president Muhammadu Buhari as a replacement for the 1956 Audit Act. Mr Ismaila Muhammadu Zakari, a past president of the

July 8, 2023

Agro-Economy·Business

Nigerian Pumpkin Leaf (Ugu) Farmer Looks To Solar Fuel, Seeks Foreign Sales Partnership

Located at the Graduate farmer’s Estate, Agbowa, off Ikorodu-Itoikin Road, his over one hectare of land beams with green life, as fluted pumpkin leaves (also known as ugu vegetable) sprawl across its length and breadth. READ ALSO: 10 Low-fat Foods For Your Good

July 7, 2023

Fresh Petrol Price Hike Stokes Fears Of Further Inflation Spike In Nigeria

Business·Oil & Gas

FG Using Oil Companies’ Fines To Increase Revenue – Major Oil Marketers

The Chairman of the Major Oil Marketers Association of Nigeria (MOMAN), Olu Adeosun, said the fuel subsidy removal will increase the Federal Government’s revenue from the oil industry. Adeosun stated that the removal of fuel subsidy, which ushered in the complete deregulation

July 7, 2023

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Official Market Dollar Sold At N762/$1, Euro, Pound Fluctuate In Black Market

In the investors’ and exporters’ window of the official market, the United States Dollar (USD) was sold at N762.63/$1 on Thursday, 6 July. The FMDQ Exchange, the official foreign exchange rate aggregator, reported that the rate surpassed the N742.31/$1 rate dollar that

July 7, 2023

Business·Finance & Economy

Fuel Subsidy Removal, FX Reforms Will Have Positive Impact In Long Run – MOMAN

Chairman of the Major Oil Marketers Association of Nigeria (MOMAN), Olu Adeosun, has said the ongoing measures being taken by the Federal Government, particularly the removal of subsidy on petrol and foreign exchange reforms, would have a long-term positive impact. Adeosun, who

July 6, 2023

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar Rate Down N26 In Official Market, Black Market Price Rises

The cost of the United States Dollar (USD) in the official market was reduced by N26.13 kobo on Wednesday, June 5, FMDQ Exchange reports. As stated by the official market foreign exchange aggregator, the decrease pushed the dollar rate to N742.31/$1, against

July 6, 2023

FG To Stop Taxing Tomatoes, Other Non-taxable Goods, Services

Agro-Economy·Business

Women Turn To ‘Carrot Stew’ As Cost of Tomatoes Skyrockets In Nigeria

Some women said they have opted for carrots and other sauces for their stews as the cost of tomatoes continues to soar in Nigeria. Some residents in Lagos, who spoke to Prime Business Africa, recently said they have resorted to using carrots

July 5, 2023

Business·Currency

Black Market Dollar Rate Slightly Surpasses Official Window Price

On Tuesday, the dollar cost more in the black market than in the official market, according to aggregators of both foreign exchange channels. In the Bureau De Change window of the black market, the dollar was offered for sale at an average

July 5, 2023

Agro-Economy·News·Top Stories

Experts Seek Strong Private Sector, Media Collaboration On Climate Change Impact Awareness

With the growing threat of climate change globally, experts have called for better collaboration between private sector players and media organisations to step up advocacy about the impact, especially on food supply and nutritional implications. Climate change has over time manifested in

July 4, 2023

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The Anambra State Government has sealed dozens of shops at

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Finance & Economy - Page 195

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

Official Dollar Rate Surpasses Black Market Price, One Pound Hits N1002

Audit Experts Urge President Tinubu To Sign Federal Audit Service Bill To Replace 1956 Act

Nigerian Pumpkin Leaf (Ugu) Farmer Looks To Solar Fuel, Seeks Foreign Sales Partnership

FG Using Oil Companies’ Fines To Increase Revenue – Major Oil Marketers

Official Market Dollar Sold At N762/$1, Euro, Pound Fluctuate In Black Market

Fuel Subsidy Removal, FX Reforms Will Have Positive Impact In Long Run – MOMAN

Dollar Rate Down N26 In Official Market, Black Market Price Rises

Women Turn To ‘Carrot Stew’ As Cost of Tomatoes Skyrockets In Nigeria

Black Market Dollar Rate Slightly Surpasses Official Window Price

Experts Seek Strong Private Sector, Media Collaboration On Climate Change Impact Awareness

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Nigeria Reviews MTN Group’s Acquisition of IHS Towers Over Sector Impact

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