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Finance & Economy - Page 229

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

Kano Shuts Entertainment Centres for Ramadan

The Kano State Government has ordered the closure of all entertainment centres across the state ahead of the Muslim holy month of Ramadan. The directive, announced on Tuesday by the Kano State Censorship Board, affects venues popularly known as gala houses as well as

February 18, 2026

Business·Entrepreneurship

Tony Elumelu Foundation Opens Application For 2023 Programme

Applications are now open for the Tony Elumelu Foundation entrepreneurship programme 2023. Tony Elumelu Foundation (TEF), is the leading champion of entrepreneurship in Africa. Its objective is to empower women and men across our continent, catalysing economic growth, driving poverty eradication, and

January 4, 2023

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency

Bureau De Change Operators Sell One Dollar Below N750

The Bureau De Change window of the black market kept the exchange rate of the naira to dollar below N750 on Tuesday, January 3, 2023. After a one-day public holiday to celebrate the New Year, the dollar rate maintained a level between

January 3, 2023

Breaking: NNPC Increases Fuel Price, Filling Stations Now Selling At N500

Business·Oil & Gas

Oil Marketers Blame Nigerians For Queues At Filling Stations, TUC Demands N180/Litre

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has faulted Nigerians for the long queues at filling stations across the country. According to the National Operations Controller of IPMAN, Mike Osatuyi, there’s no fuel scarcity in the country. He said queues resurfaced

January 3, 2023

Business·Oil & Gas

Tompolo Discovers Illegal Oil Bunkering Station, Crude Oil Tanker, Arrest Two

The Nigerian National Petroleum Corporation (NNPC) Limited has destroyed an illegal filling station discovered by the former militant leader, Chief Government Ekpemupolo, aka Tompolo. According to reports, the discovery was made in Opete, Udu local government area, Delta state, by Tompolo’s security

January 2, 2023

Jigawa Residents Spend More On Petrol As Price Rises By 223.21% To N770

Business·Oil & Gas

Oil Marketers Demand FG Release Fuel From Seized Depots, Sell PMS At N148 Per Litre

The Federal Government has been asked to dispense Premium Motor Spirit, popularly called petrol, from the products trapped in the seven depots shut down by authorities at the weekend. Prime Business Africa gathered that the depots had been shut down by the

January 2, 2023

Business·Finance & Economy

CPPE Rejects Hasty Passage Of 2022 Finance Bill, Urges Buhari To Decline Assent

The Centre for the Promotion of private Enterprise (CPPE) is disturbed by the rushed passage of the 2022 Finance Bill by the National Assembly. It calls to question the representation role of the Assembly. In a statement on Sunday January 1, 2023,

January 1, 2023

FEATURES·Finance & Economy

4 Major Issues That Will Shape Nigeria In 2023

As the year 2022 winds down there are apprehensions in the air as to how 2023 will look like in various areas in Nigeria with regard to issues and events coming up and how they will likely define the socio-economic and political

December 30, 2022

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

Business·Currency

Dollar Rate Drops In Black Market, Rises To N461 In CBN-Backed Channel

The dollar rate in the official market increased on Thursday by 0.07 per cent as traders reduced the volume of transactions by 27.48 per cent. On December 29, foreign exchange trading record obtained from FMDQ Securities showed that the exchange rate between

December 30, 2022

Oilfield Sale: Setback for Sahara Energy, As Reps Accuse Firm, FG Of Illicit $250 million Deal

Business·Oil & Gas

Lawmakers Accuse Sahara Energy, Buhari Govt Of $250 million Illicit Oil Deal

The House of Representatives has accused Sahara Energy Limited and the Federal Government of illicit deal relating to the auction of the Oil Mining Licence (OML) 11. According to the lower chamber, the Oil Mining Licence (OML) 11 received a bid of

December 29, 2022

Business·Currency

‘Japa’ Pushes UK Pound Rate To N920, As Nigerians Overwhelm Black Market

Nigerians’ quest to ‘Japa’ – a local parlance by youths connoting offshore escape from hardship and economic deprivation – has increased the value of the pound in ‘black market’. Bureau De Change (BDC) operators say that people interested in foreign trips are

December 29, 2022

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

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Finance & Economy - Page 229

Kano Shuts Entertainment Centres for Ramadan

Tony Elumelu Foundation Opens Application For 2023 Programme

Bureau De Change Operators Sell One Dollar Below N750

Oil Marketers Blame Nigerians For Queues At Filling Stations, TUC Demands N180/Litre

Tompolo Discovers Illegal Oil Bunkering Station, Crude Oil Tanker, Arrest Two

Oil Marketers Demand FG Release Fuel From Seized Depots, Sell PMS At N148 Per Litre

CPPE Rejects Hasty Passage Of 2022 Finance Bill, Urges Buhari To Decline Assent

4 Major Issues That Will Shape Nigeria In 2023

Dollar Rate Drops In Black Market, Rises To N461 In CBN-Backed Channel

Lawmakers Accuse Sahara Energy, Buhari Govt Of $250 million Illicit Oil Deal

‘Japa’ Pushes UK Pound Rate To N920, As Nigerians Overwhelm Black Market

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UK Factories Warn High Energy Costs Are Driving Businesses Overseas

Markets Fall as Iran Signals New Chance for Nuclear Talks

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

Soludo’s New Market Design: Why Onitsha Traders Must Tread Carefully

Ebonyi Governor Eases Curfew After Deadly Attack

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Finance & Economy - Page 229

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