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Finance & Economy - Page 246

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

Business·Insights·Real Estate

House Rent, Cost Of Goods To Rise, As Nigerian Banks Raise Loan Interest

Nigerian banks have began to implement the 13% interest rate to mortgage, corporate and personal loans, after the Central Bank of Nigeria (CBN) raised the percentage in May, by two percents, from 11.5%, to tame inflation. The raise is expected to make

June 9, 2022

Business·Finance & Economy·News

UBA Redeems $500 million 5-year Eurobond

The United Bank for Africa (UBA) on Wednesday, redeemed its debut $500 million 5-year Eurobond notes with the maturity date of June 8, 2022. Issued in 2017, the five-year bond was offered at a coupon rate of 7.75%, and raised to support

June 9, 2022

Business·News·Oil & Gas

Savannah Energy’s Chad Oil Deal In ExxonMobil, PETRONAS Faces Uncertainty

Savannah Energy Plc is, at the moment, unable to progress her publicised acquisition of ExxonMobil and PETRONAS’ assets in Chad, even though it has not disclosed this to the market. Savannah Energy had indicated interest in the acquisition at a time other

June 9, 2022

Business·Personal Finance

Four Ways NPower Beneficiaries Can Collect Loans Without Collateral

Are you an NPower beneficiary in need of quick loan because the amount given by the Federal Government is not enough for your personal upkeep or to run your small business, but you don’t have collateral to submit? then here’s a loan

June 8, 2022

Business·Finance & Economy

Nigerian Billionaire, Herbert Wigwe Splash N15 billion On Kenyan bank, As Access Bank Acquires Fifth Firm

Access Bank, the subsidiary of Access Holdings, owned by Nigerian billionaire, Herbert Wigwe, has acquired Sidian Bank, based in Kenya, almost a year after the Nigerian lender tookover Transnational Bank, another firm in the East African country. In a statement released to

June 8, 2022

Half Salary: We’re Back To School But Unable To Work - ASUU UniJos

Labour·Opinion

ASUU Strike: Unseen Consequences Continue To Run Wild

ASUU strike by staff has more far reaching consequences than the mere close down of schools and students being at home.

June 7, 2022

Business·Finance & Economy

Afreximbank, Titan Trust Bank Sign $300 million Deal To Provide $3bn To Traders

Titan Trust Bank (TTB) obtained $300 million from African Export Import Bank (Afreximbank) to acquire Union Bank Nigeria. The financial backing will see Titan Trust leverage on the acquisition to provide capital for intra-African trade. Why Afreximbank back Titan Trust Bank? Afreximbank

June 7, 2022

Business·Oil & Gas

Oil Price Falls, Put Nigeria’s Fuel Cost Above N300 Per Litre

Crude oil price opened trading on Monday at a loss, falling -0.72%, but it level is still a problem to the Nigerian government, which has been unable to profit from the 52% surge year-to-date, compared to other members of the Organisation of

June 6, 2022

Ganduje Sends N33.8bn Supplementary Budget To Assembly

News·Oil & Gas·Top Stories

201 Kano Residents Hospitalised In New Gas Explosion, Second In One Month

201 residents of the Sharada Quarters in Kano sustained different degrees of injury and are now receiving treatment in hospitals, following a new gas explosion in the city on Thursday, the second in one month. About 20 people were reported to have

June 5, 2022

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Dollar Exchanges For Over N600, As Naira Falls In Official Investors Market

The cost of exchanging naira to dollar increased on Thursday in the black market, as the value of the Naira continues to move in different paths across the peer-to-peer segment and the official foreign exchange market. Earlier today, Nigerians using the parallel

June 2, 2022

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Finance & Economy - Page 246

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

House Rent, Cost Of Goods To Rise, As Nigerian Banks Raise Loan Interest

UBA Redeems $500 million 5-year Eurobond

Savannah Energy’s Chad Oil Deal In ExxonMobil, PETRONAS Faces Uncertainty

Four Ways NPower Beneficiaries Can Collect Loans Without Collateral

Nigerian Billionaire, Herbert Wigwe Splash N15 billion On Kenyan bank, As Access Bank Acquires Fifth Firm

ASUU Strike: Unseen Consequences Continue To Run Wild

Afreximbank, Titan Trust Bank Sign $300 million Deal To Provide $3bn To Traders

Oil Price Falls, Put Nigeria’s Fuel Cost Above N300 Per Litre

201 Kano Residents Hospitalised In New Gas Explosion, Second In One Month

Dollar Exchanges For Over N600, As Naira Falls In Official Investors Market

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