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Finance & Economy - Page 247

Finance & Economy·News·Nigeria·Top Stories

Cut Import Tariffs , Lift Bans To Tame Inflation, Reduce Poverty – World Bank to Nigeria

The World Bank has urged the Federal Government to urgently slash high import tariffs and lift select import bans as part of immediate measures to curb soaring inflation and rising poverty across the country. Mathew Verghis, the World Bank Country Director for

November 27, 2025

Finance & Economy·Opinion

Is The ‘Africa Rising’ Narrative A Facade Or Reality?

With all the resources of 54 African countries and population of over 1 billion, it is expected that the continent should have great economy, blazing the trail for others to follow

June 18, 2022

Business·Real Estate

Tony Elumelu’s Afriland Properties, Lagos State Sign Partnership To Develop Falomo Towers

Lagos State Development and Property Corporation (LSDPC) and Afriland Properties signed a Public Private Partnership (PPP) to upgrade the Falomo Shopping Mall, situated in Ikoyi. This was announced in a video sent to Prime Business Africa, which captured the sod turning ceremony

June 18, 2022

Business·Currency

Black Market Dollar To Naira Exchange Rate Today: Naira Falls Across All Market Amid N800/$1 Projection

The United States currency, Dollar, gained against the Naira on Thursday at the official foreign exchange market, while the Nigerian legal tender continued to sell at a high for persons in need of the greenback in the black market. Naira exchanged at

June 17, 2022

Business·Finance & Economy·Insights

GTBank, Access Bank Record 32,992 Fraud Cases In One Year, As Fraudsters Target Customers’ Accounts

A total of 32,992 fraud cases were perpetrated through the financial system of tier-1 Nigerian lenders, Guaranty Trust (GT) Bank and Access Bank in 2021, more than both firms recorded the previous year. This number is 90.5% higher than the fraudulent activities

June 17, 2022

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

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UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

What is the dollar-to-naira exchange rate on the black market,

CBN Further Raises Benchmark Interest Rate To 27.25%

CBN Holds Interest Rate At 27% — Fourth Time In 2025

The monetary policy committee (MPC) of the Central Bank of

Bank of England Eyes High Interest Rate Amidst Falling Inflation: Analysts Suggest June For Cut

Bank of England Set for December Rate Cut

"With inflation still at 3.6% and deposit yields poised to

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Finance & Economy - Page 247

Cut Import Tariffs , Lift Bans To Tame Inflation, Reduce Poverty – World Bank to Nigeria

Is The ‘Africa Rising’ Narrative A Facade Or Reality?

Tony Elumelu’s Afriland Properties, Lagos State Sign Partnership To Develop Falomo Towers

Black Market Dollar To Naira Exchange Rate Today: Naira Falls Across All Market Amid N800/$1 Projection

GTBank, Access Bank Record 32,992 Fraud Cases In One Year, As Fraudsters Target Customers’ Accounts

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

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UK Budget “Disincentivises Saving and Investing,” Warns deVere Group CEO

SpurrEnergy Expands to Partner Ghana’s 200 MW Norbert Anku Solar Project

Insecurity: Canada slams Travel Alerts On Nigeria, Niger, Sudan, Chad, 13 Other African Nations

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Clergyman Kidnapped in Kaduna Dies in Captivity as Family Remains Held by Gunmen

Dollar Rate Gap Between Official Window, Parallel Market Reduces To N29

Guinea-Bissau Coup : Military Topples President Embaló, Installs General as Transitional Leader

Linkage Assurance, Ikeja Hotel, Others Lift NGX Market Cap By N111bn

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

CBN Holds Interest Rate At 27% — Fourth Time In 2025

Bank of England Set for December Rate Cut

Clergyman Kidnapped in Kaduna Dies in Captivity as Family Remains Held by Gunmen

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