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Finance & Economy - Page 21

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

President Tinubu has nominated new chief executives for Nigeria’s petroleum regulatory agencies following the resignation of the heads of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), developments that come amid intense controversy

December 18, 2025

Business·Oil & Gas

Dangote Refinery To Reintroduce Discount Scheme For Partners

The Dangote Petroleum Refinery has announced plans to reintroduce its suspended N5 per-litre fuel discount scheme for strategic partners, following a temporary halt due to reported infractions by some marketers. The discount scheme was suspended on 13 July 2025, after investigations revealed that some affiliate marketers

July 19, 2025

Business·Currency·Markets

Naira Appreciates Across FX Markets, Ends Week Positive

The Nigerian naira ended the week on a positive note as it recorded appreciation across official and parallel exchange rate market windows on Friday, 18 July 2025. After depreciating in the middle of the week, the naira rebounded on Friday at the

July 19, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 19th 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 19th July 2025, is N1,535

July 19, 2025

Business·Oil & Gas

Dangote Refinery Uncovers Fuel Diversion Racket, Suspends Discount Scheme

The Dangote Petroleum Refinery recently uncovered a fuel diversion racket involving some of its affiliate marketers and strategic partners, leading to the suspension of its discounted fuel supply scheme on 13 July 2025. The refinery management said its investigations revealed that some marketers had been re-routing the

July 18, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, July 18 2025

July 18, 2025

Business·Currency·Markets

Naira Falls To ₦1,530/$ At Official Market After Public Holiday

The Nigerian naira recorded a mixed performance across foreign exchange market windows on Wednesday, a day after the public holiday observed in honour of late former President Muhammadu Buhari. While the naira depreciated at the official market, it appreciated at the parallel

July 17, 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

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

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Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

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Finance & Economy - Page 21

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

Dangote Refinery To Reintroduce Discount Scheme For Partners

Naira Appreciates Across FX Markets, Ends Week Positive

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 19th July 2025

Dangote Refinery Uncovers Fuel Diversion Racket, Suspends Discount Scheme

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, July 18 2025

Naira Falls To ₦1,530/$ At Official Market After Public Holiday

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

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Finance & Economy - Page 21

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