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Finance & Economy - Page 231

Arab Bank, DCO Agree on Framework for Cooperation on Inclusive, Sustainable Digital Economies

The Digital Cooperation Organization (DCO), the world’s first standalone international intergovernmental organization dedicated to accelerating inclusive and sustainable digital economies, and the Arab Bank for Economic Development in Africa (BADEA) Friday signed a Memorandum of Understanding (MoU) as part of an ongoing

November 1, 2025

More Woes For Nigerians As Cooking Gas Price Rises By 70%

Business·Oil & Gas

Cooking Gas Price Heading For N10,000, After Flood Forces NLNG To Shutdown Operation

The Nigeria Liquefied and Natural Gas (NLNG) has declared force majeure following the flood that as ransacked 27 of Nigeria’s 36 states in one month, and this could lead to cooking gas scarcity. With over 600 people reportedly dead and 1.4 million

October 18, 2022

Peter Obi Reveals Why UK Gov't Shutdown His 'Next' Company

Business·Oil & Gas

Peter Obi Says Oil Subsidy An Organised Crime, After Buhari Budget’s N3.6 trillion For Payment

The presidential candidate of Labour Party, Peter Obi, has described subsidy as an organised crime, reiterating his view against subsidy payment which has continued to gulp Nigeria’s revenue. His statement comes weeks after President Muhammadu Buhari submitted Nigeria’s 2023 budget to the

October 18, 2022

Naira Opens Week With Gain Across FX Markets

Business·Currency

Bureau De Change Operators Expect Dollar Rate To Rise Above N730 Due To CBN’s Policy

The policies of the Central Bank of Nigeria (CBN) under Godwin Emefiele have been blamed by the Association of Bureau De Change Operators of Nigeria (ABCON) for the hike in dollar rate. According to the President of ABCON, Aminu Gwadabe, the exchange

October 17, 2022

IPMAN Asks FG To Partner With Illegal Refinery Operators In Creeks

Business·Oil & Gas

SERAP Demands Pres. Buhari Reveals Names Behind Crude Theft Or Face Lawsuit

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to list the names of suspects involved in crude theft, as poor Nigerians are paying for their crime. In a letter to the President, SERAP opined that both state and

October 17, 2022

Sanusi Backs Tinubu’s Decision On Emefiele, Others, Says Investors Happy With Policies

Business·Oil & Gas

Scrap ‘Money Pit’ NNPC – Sanusi Backs Gov. El-Rufai

The former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido, has joined Kaduna State Governor, Nasir El-Rufai, to demand for the scraping of the Nigerian National Petroleum Company Limited (NNPC). Sanusi, over the weekend, said NNPC Limited should be disbanded,

October 17, 2022

NNPC Has Not Added N20,000 To Federation Account This Year – El-Rufai Says

Business·Oil & Gas

El-Rufai Is Confused – NNPC Limited Slams Kaduna Governor Over Oil Comment

The Nigerian National Petroleum Company, NNPC, Limited has countered the claims made by Governor Nasir El-Rufai of Kaduna State regarding the performance of the oil firm. Prime Business Africa had reported El-Rufai described NNPC Limited as a failure, stating that whatever the

October 14, 2022

Business·Currency

Dollar To Naira Exchange Rate: Dollar Gets New Rate, As Demand Overwhelms Black Market, I&E

October 14, 2022 Dollar Rates Update: The cost of buying one dollar at the black market depreciated to N731/$1 on Friday, as the Bureau De Change operators dropped their asking price earlier today. This indicates Naira appreciated against the United States currency

October 14, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar To Naira Exchange Rate: Bureau De Change Operators Raise Dollar Rate

October 13, 2022 Dollar Rates Update: On Thursday, the Bureau De Change operators increased the price to buy one dollar, as demand pressure returns to the black market, amid scarcity of forex in Nigeria. The foreign exchange rate reflected naira depreciated by

October 13, 2022

Business·Oil & Gas

NNPC Has Not Added N20,000 To Federation Account This Year – El-Rufai Says

The Nigerian National Petroleum Company, NNPC, Limited has not remitted even N20,000 to the federal account this year according to the Kaduna State Governor, Nasir El-Rufai. El-Rufai revealed this on Thursday, stating that the NNPC Limited should be privatised as it has

October 13, 2022

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Black Market Naira Gains As BDC Operators Drop Dollar

October 11, 2022 Dollar Rates Update: The Bureau De Change operators reduced their asking price for dollar sales on Tuesday, with the naira gaining against the United States currency in the black market. It was gathered that the traders cut down the

October 11, 2022

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Finance & Economy - Page 231

Arab Bank, DCO Agree on Framework for Cooperation on Inclusive, Sustainable Digital Economies

Cooking Gas Price Heading For N10,000, After Flood Forces NLNG To Shutdown Operation

Peter Obi Says Oil Subsidy An Organised Crime, After Buhari Budget’s N3.6 trillion For Payment

Bureau De Change Operators Expect Dollar Rate To Rise Above N730 Due To CBN’s Policy

SERAP Demands Pres. Buhari Reveals Names Behind Crude Theft Or Face Lawsuit

Scrap ‘Money Pit’ NNPC – Sanusi Backs Gov. El-Rufai

El-Rufai Is Confused – NNPC Limited Slams Kaduna Governor Over Oil Comment

Dollar To Naira Exchange Rate: Dollar Gets New Rate, As Demand Overwhelms Black Market, I&E

Dollar To Naira Exchange Rate: Bureau De Change Operators Raise Dollar Rate

NNPC Has Not Added N20,000 To Federation Account This Year – El-Rufai Says

Black Market Naira Gains As BDC Operators Drop Dollar

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