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Finance & Economy - Page 235

Finance & Economy·News·Oil & Gas·Top Stories·World News

Japan Fulfils Pledge to US in Lower Tariff Deal

The United States has announced the first wave of Japanese investments under a $550bn trade agreement that saw Washington cut tariffs on imports from Tokyo. US President Donald Trump said on Tuesday that Japan had committed $36bn to three major infrastructure projects

February 18, 2026

CBN Places Service Restriction On PoS Agents Across Nigeria

Business·Currency

Govt Must Tackle Oil Theft To Stabilise Forex Rate, Reserves – Emefiele Reveals

For Nigeria’s foreign reserves to rise and stabilise forex rate, the Federal Government must conclusively address the persistent challenge of oil theft, Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said. According to Emefiele, the major solution to the instability

November 29, 2022

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Currency

Naira Gains Big, As Dollar Rate Crashes In Black Market, CBN-backed Window

The dollar rate in the Bureau De Change-controlled ‘black market’ fell on Monday, as the naira appreciated by -0.5 per cent, to strengthen its position against the American greenback. The Nigerian appreciated to N773 per dollar, as the cost of exchanging the

November 29, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar Rate Rises In Official Market, CBN’s Emefiele Blames Nigerians Abroad

The dollar rate was in opposite directions at the black and official markets on Friday, as the currencies continued to react to the emergence of new naira notes. In the parallel market, which is unsupported by the Central Bank of Nigeria (CBN),

November 28, 2022

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

Business·Oil & Gas

Peter Obi Reveals Why Nigeria Must Look Beyond Oil

The Presidential candidate of Labour Party, Peter Obi, said Nigeria must look beyond oil, a week after it was revealed the commodity no longer contributes to the country’s foreign reserves. Nigeria’s oil revenue once accounted for the majority of its foreign reserves,

November 28, 2022

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

Business·Currency

Naira Sustains Slow Recovery, As Dollar Goes For N772

The naira appreciated on Thursday against the dollar in the black market, as the exchange rate between both currencies went down by 0.39 per cent. This means that the rate to exchange the United States dollar fell by N3, to sell at

November 25, 2022

Fuel scarcity: IPMAN Urges NNPC To Revive Own Depots

News·Oil & Gas

Petrol Scarcity: Marketers Urge NNPC To Revive Own Depots

With the persistent scarcity of fuel, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Nigeria National Petroleum Company (NNPC) Limited to revive its depots across the country to address supply chain disruptions. Deputy National President of IPMAN, Alhaji Zarama

November 24, 2022

Nigeria’s Minimum Wage Now N19,355 – World Bank Says, Reveals Factors Hindering Growth

Business·Currency

CBN’s Deposit Record Rises By N165 billion On Old Naira Deadline

The Director of Currency for the Central Bank of Nigeria (CBN), Rasheed Adams, has disclosed that the financial regulator has received more deposits than it projected since the apex bank urged Nigerians to deposit old naira hoarded from the banking system. According

November 24, 2022

Council Of State Asks FG, CBN To Allow Banks Circulate Old Naira, Print New Banknotes

Business·Currency·News

New Naira Note Has Security Features To Prevent Counterfeiting – Buhari

President Muhammadu Buhari has stated that the new Naira notes have been fortified with security features to prevent counterfeit. Buhari stated this while launching the new ₦200, ₦500, ₦1000 bank notes on Wednesday in Abuja. According to a statement by the Special

November 23, 2022

Nigeria's Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Currency·News

Shehu Sani, Other Nigerians Knock Gov’t Over New Naira Design

Human rights activist, Senator Shehu Sani has berated the Nigerian government over the outlook of the new N200, N500, and N1,000 notes unveiled on Wednesday by President Muhammadu Buhari in Abuja. The unveiling took Nigerians by surprise as the Central Bank of

November 23, 2022

Business·Currency

BDC Operators Drop Dollar Rate As Buhari Unveils New Naira Note

The dollar rate in the black market dropped, hours after President Muhammadu Buhari and the Central Bank of Nigeria (CBN) unveiled the new naira note. In a chat with Prime Business Africa, a Bureau De Change operator in Ogba area of Lagos

November 23, 2022

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African Countries With The Largest Proven Oil Reserves In 2025

Markets Fall as Iran Signals New Chance for Nuclear Talks

Global shares slipped and oil prices fell on Tuesday after

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

The Anambra State Government has sealed dozens of shops at

‘CBN’s Interest Rate Remains High, Choking Businesses’

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

The main fears and warnings of critics of the actions

Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

U.S. President Donald Trump has threatened to impose 100 per

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Finance & Economy - Page 235

Japan Fulfils Pledge to US in Lower Tariff Deal

Govt Must Tackle Oil Theft To Stabilise Forex Rate, Reserves – Emefiele Reveals

Naira Gains Big, As Dollar Rate Crashes In Black Market, CBN-backed Window

Dollar Rate Rises In Official Market, CBN’s Emefiele Blames Nigerians Abroad

Peter Obi Reveals Why Nigeria Must Look Beyond Oil

Naira Sustains Slow Recovery, As Dollar Goes For N772

Petrol Scarcity: Marketers Urge NNPC To Revive Own Depots

CBN’s Deposit Record Rises By N165 billion On Old Naira Deadline

New Naira Note Has Security Features To Prevent Counterfeiting – Buhari

Shehu Sani, Other Nigerians Knock Gov’t Over New Naira Design

BDC Operators Drop Dollar Rate As Buhari Unveils New Naira Note

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JNIM’s Incursion into Nigeria’s Security Landscape – The Emerging Threat

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

Customs Service Explains Exchange Rate Process for Import, Export Valuation

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

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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

Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

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