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Finance & Economy - Page 245

NCDMB Unveils Nationwide Scheme to Equip 10,000 Young Nigerians for Emerging Oil and Gas Jobs

The Nigerian Content Development and Monitoring Board (NCDMB) has announced plans to train over 10,000 young Nigerians in the most sought-after technical and professional skills in the oil and gas sector, under a new initiative tagged the Oil and Gas Field Readiness

October 26, 2025

Oil & Gas

NCDMB Set To Disburse $40m Women Fund

he Nigerian Content Development and Monitoring Board (NCDMB) has disclosed it's readiness to disburse the $40m Women in Energy Fund

June 17, 2022

Business·Currency

Black Market Dollar To Naira Exchange Rate Today: Nigerians Now Pay Over N600 To Get $1

The Nigerian currency, Naira, fell to the dollar on Wednesday, in the black market segment of the foreign exchange channels, depreciating by -0.2% at the end of trading activities in the peer-to-peer market. On Tuesday, the Naira had closed at N615 to

June 16, 2022

Business·Oil & Gas

Diesel Price To Rise From N800 To N1,500 In Two Weeks

The Natural Oil and Gas Suppliers Association (NOGASA), Bennett Korie, said in the next two weeks, the price of diesel per litre will rise to N1,500 from N800, due to importers inability to access foreign exchange (forex) at Central Bank of Nigeria

June 15, 2022

Business·Oil & Gas

Pres. Buhari Loses $1.7bn case, As UK Court Rules In Favour Of American Firm, JP Morgan Chase

Nigeria loses it lawsuit against JP Morgan Chase Bank, after Judge Sara Cockerill, of the British High Court, ruled against the country on Tuesday, in the fraud case relating to the Malabu Oil scandal 11 years ago. The country had filed $1.7

June 14, 2022

Business·Finance & Economy

Godwin Emefiele Increases Bid For Non-interest Asset-backed Securities To N100 million

The minimum bid for non-interest asset-backed securities has been raised to N100 million by the Central Bank of Nigeria (CBN), a circular signed by the apex bank’s Director, Financial Markets Department, Angela Sere-Ejembi, disclosed. In the circular issued in 2022, titled “Framework

June 13, 2022

Business·Oil & Gas

Nigerians Spent N156.5 billion In Two Weeks On Petrol, Lagos Leads States

In two weeks, Nigerians consumed 966.58 million litres of petrol, which cost them about N156.58 billion, in May, according to the Nigerian National Petroleum Company (NNPC), with Lagosians spending the highest amongst state. According to data on NNPC Premium Motor Spirit (PMS)

June 13, 2022

Business·Finance & Economy·News

Capital Market Rules: NGX Slams N13.5m Fine On Unity Bank, Union Bank, First Bank

Unity Bank, under the leadership of Oluwatomi Somefun, has been sanctioned for failing to comply with the rules of the capital market authority, the Nigerian Exchange Limited (NGX), relating to release of financial statements. The management of the company failed to submit

June 12, 2022

Business·Real Estate

EFCC boss, Bawa, Accuses Real Estate Businesses Of Supporting Money Laundering

Real Estate business in Africa’s largest economy, Nigeria, has been linked to money laundering by the Chairman of anti-graft agency, Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa. According to Bawa, the easiest place for money launderers to carry out their activities

June 10, 2022

Business·Oil & Gas

Russia-Ukraine War: Buhari’s Gov’t Spends N947.51 billion On Fuel Subsidy In 4 Months

Nigeria spent N947.51 billion on petrol subsidy within the first four months of this year, as rising crude oil price eats into the revenue generation of the country, surging by 55.7%, to rise from $78.98 to $122.99 between January to April, amid

June 9, 2022

News·Oil & Gas

NCDMB Moves To Sanction Companies For Non-Compliance With HCD Guidelines

NCDMB stressed the importance of human capacity development initiatives in the oil and gas industry and urged companies to adhere to HCD guidelines

June 9, 2022

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Finance & Economy - Page 245

NCDMB Unveils Nationwide Scheme to Equip 10,000 Young Nigerians for Emerging Oil and Gas Jobs

NCDMB Set To Disburse $40m Women Fund

Black Market Dollar To Naira Exchange Rate Today: Nigerians Now Pay Over N600 To Get $1

Diesel Price To Rise From N800 To N1,500 In Two Weeks

Pres. Buhari Loses $1.7bn case, As UK Court Rules In Favour Of American Firm, JP Morgan Chase

Godwin Emefiele Increases Bid For Non-interest Asset-backed Securities To N100 million

Nigerians Spent N156.5 billion In Two Weeks On Petrol, Lagos Leads States

Capital Market Rules: NGX Slams N13.5m Fine On Unity Bank, Union Bank, First Bank

EFCC boss, Bawa, Accuses Real Estate Businesses Of Supporting Money Laundering

Russia-Ukraine War: Buhari’s Gov’t Spends N947.51 billion On Fuel Subsidy In 4 Months

NCDMB Moves To Sanction Companies For Non-Compliance With HCD Guidelines

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