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Finance & Economy - Page 250

Finance & Economy·News·Nigeria·Top Stories

What Nigeria’s 15.10% Inflation Rate Drop Means

Nigeria’s headline inflation rate fell to 15.10% in January 2026, the latest figures from the National Bureau of Statistics (NBS) show, extending a run of gradual declines that has lasted for almost a year. The figure is slightly lower than the 15.15%

February 16, 2026

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Black Market Dollar To Naira Exchange Rate: Dollar Rate Rises In Official Market, Euro, Pound Crashes

July 15, 2022 Dollar Update: The United States currency gained against the naira on Friday in the official market, while it appreciated against the Euro and Pounds, the Investors and Exporters (I&E) window revealed. Traders at the official market backed by the

July 18, 2022

Business·Oil & Gas

Oando, MRS Increases Fuel Price, Risk Losing Operational License Amid Gov’t Threat

Oando, MRS, and some filling stations have began selling Premium Motor Sprirt (PMS) above N165, three weeks after the Federal Government threatened to revoke license of firms that hike fuel price. Prime Business Africa had reported last week that the Nigerian National

July 18, 2022

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Black Market Dollar To Naira Exchange Rate: CBN’s Official Forex Market Increases Cost Of Buying Dollar

July 14, 2022 Dollar Update: The naira to dollar exchange rate increased on Thursday at the Investors and Exporters window, which is the official foreign exchange market recognised by the Central Bank of Nigeria (CBN). Following close of business, Prime Business Africa

July 15, 2022

Naira Opens Week With Gain Across FX Markets

Business·Currency

Black Market Dollar To Naira Exchange Rate Today: Again, Bureau De Change Operators Increase Rate

July 13, 2021 Dollar Rate Update: Nigeria’s legal tender, naira, continues to depreciate in value in the black market against the dollar, but the currency gained ground in the official foreign exchange market. On Wednesday, the local currency fell by -0.16% to

July 14, 2022

Business·Oil & Gas

Nigeria Loses Largest African Oil Producer Status To Angola, As OPEC Reveals Country’s Problem

Nigeria has yet again lost its position as the largest oil producer in Africa, after producing less crude compared to Angola in June. This is the second months the country will fall behind, with May being the first. Oil companies in Nigeria

July 13, 2022

Business·Currency

Dollar To Naira Exchange Rate: Bureau De Change Operators Increase Dollar Rate, Take Advantage Of Eid-el-Kabir Holiday

July 12, 2022 Dollar Rate Update: The naira depreciated on Tuesday at the black market, as the Bureau De Change operators increased their exchange rate for dollar, after close of official market diverted demand to the parallel sector. Nigeria’s official market, the

July 13, 2022

Business·Oil & Gas

Nigerian Gov’t Stops Seplat Energy, ExxonMobil’s $1.28 billion Oil Deal

Seplat Energy Plc’s plan to acquire ExxonMobil’s shallow water business in Nigeria, Mobil Producing Nigeria Unlimited (MPNU), has hit the rock following a lawsuit filed by the Nigerian National Petroleum Company (NNPC) Limited. The domestic oil and gas company had announced in

July 12, 2022

Fuel Stations To Increase Petrol Price To Over N700, Oil Marketers Give Reasons

Business·Oil & Gas

NNPC Increases Fuel Price In Own Filling Stations Amid Scarcity In Other Private Stations

The Nigerian National Petroleum Company (NNPC) Limited has increased price for premium motor spirit (PMS) at its filling stations amid fuel scarcity. Prime Business Africa gathered that NNPC retail stations hiked fuel pump by N10 on Sunday, with motorists and individuals buying

July 11, 2022

Business·Currency

Dollar To Naira Exchange Rate: Dollar Rate Rises Again, As Supply Reaches New High

July 7, 2022 Dollar Rate Update: Investors and Exporters window closed trading on Thursday with the naira depreciating in value, just a day after improving. It shared the same fate in the black market. Prime Business Africa had reported that the official

July 8, 2022

Finance & Economy·News

Governor Oyetola Disburses N300m Micro Credit 10 Days To Crucial Election

Osun Governor, Adegboyega Oyetola has commenced the disbursement of N300 million micro credit facility to Osun people as the state prepares for an off-season governorship election in a week’s time. Over 5,000 micro and small-scale entrepreneurs received soft loans ranging from N250,000

July 8, 2022

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

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Finance & Economy - Page 250

What Nigeria’s 15.10% Inflation Rate Drop Means

Black Market Dollar To Naira Exchange Rate: Dollar Rate Rises In Official Market, Euro, Pound Crashes

Oando, MRS Increases Fuel Price, Risk Losing Operational License Amid Gov’t Threat

Black Market Dollar To Naira Exchange Rate: CBN’s Official Forex Market Increases Cost Of Buying Dollar

Black Market Dollar To Naira Exchange Rate Today: Again, Bureau De Change Operators Increase Rate

Nigeria Loses Largest African Oil Producer Status To Angola, As OPEC Reveals Country’s Problem

Dollar To Naira Exchange Rate: Bureau De Change Operators Increase Dollar Rate, Take Advantage Of Eid-el-Kabir Holiday

Nigerian Gov’t Stops Seplat Energy, ExxonMobil’s $1.28 billion Oil Deal

NNPC Increases Fuel Price In Own Filling Stations Amid Scarcity In Other Private Stations

Dollar To Naira Exchange Rate: Dollar Rate Rises Again, As Supply Reaches New High

Governor Oyetola Disburses N300m Micro Credit 10 Days To Crucial Election

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