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Finance & Economy - Page 253

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

Agro-Economy·Business

Nutreco Receives $4.8 Million Grant To Unlock Sustainable Feed Solutions For Africa’s Small-scale Producers

Nutreco, part of the SHV group of companies, and a global animal nutrition leader based in the Netherlands, has received a US$4.8 million grant from the Bill & Melinda Gates Foundation. The grant is to accelerate the implementation of localized, sustainable complete

June 28, 2022

Business·Oil & Gas

FG Sends Agencies To Shutdown Filling Stations Selling Petrol Above N165

Filling stations selling Premium Motor Spirit (PMS) above N165 will lose their license of operation, the Nigerian government, as its agencies commence joint inspection of retailers in Abuja. The threat followed statement of the Independent Petroleum Marketers Association of Nigeria (IPMAN) regarding

June 28, 2022

Naira Opens Week With Gain Across FX Markets

Business·Currency

Dollar To Naira Exchange Rate, 24/27 June 2022: Dollar Rate Rises, As Demand Soars From Hajj Pilgrims, Others in Black Market

The value of Naira in the black market further depreciated on Monday, as demand for the dollar rose due to Nigerian pilgrims heading outside the country for Hajj in Mecca, Saudi Arabia. At the opening of the parallel market, traders increased the

June 27, 2022

News·Oil & Gas

NCDMB Boss Lauds Nivafer For Commitment To Local Content Initiative

Nivafer Engineering and Construction limited unveiled a high-pressure fuel gas treatment skid for Assa North gas project in Lagos

June 24, 2022

Business·Currency

Dollar To Naira Exchange Rate, 23 June 2022: Dollar Price Rises In Black Market, As Naira Gains In Official

The Naira regained its strength against the United States currency on Friday at the peer-to-peer, as sellers were willing to trade one dollar for N612.59. This was in contrast to the selling price of N612.85/$1 on Thursday. Meanwhile, in the official exchange

June 24, 2022

ASUU Strike: Varsity VCs Urge Nigeria Government To Withdraw ‘No Work No Pay’ Policy

Labour·News

ASUU Strike: We’re Still Negotiating With Fed. Govt – Osodeke

President of the Academic Staff Union of Universities (ASUU), Prof. Emmanuel Osodeke, has said the union is still negotiating with the Federal Government on the 2009 agreement for possible resolution of the ongoing industrial dispute

June 24, 2022

Business·Oil & Gas

Oando Likely To Delist From Stock Market, As Investors Move To Exit Troubled Oil & Gas Firm

Minority shareholders in Oando have filed a petition demanding for their shares to be acquired by the company or the majority investor in the firm, Ocean and Oil Development Partners Limited (OODP). OODP has 57.37% ownership of Oando, and has agreed to

June 23, 2022

Business·Currency

Black Market Dollar To Naira Exchange Rate Today: Traders Increase Price To Buy Dollars Across All Forex Market

Naira depreciates across all foreign exchange markets on Wednesday, as the United States government protects its currency against inflation by increasing interest rates. In the official forex market, Investors & Exporters window, it was gathered that the naira depleted in value to

June 23, 2022

Business·Oil & Gas

Oil Price Crashes, As Vladimir Putin Seeks Nigerian Buyers For Russian Oil

Nigeria has become one of the major destinations for Russian oil products, as European Union embargo on Vladimir Putin’s country disrupt Moscow’s supply chains. And in an effort to prevent the restriction from affecting its oil earnings deeply, Russia is looking for

June 23, 2022

Business·Oil & Gas

Pres. Buhari Told To Remove Fuel Subsidy After Rejecting IMF, World Bank Advice

Nigeria’s Extractive Industries and Transparency Initiative (NEITI) has expressed its disagreement with President Muhammadu Buhari’s statement over the removal of fuel subsidy, which has suspended for 18 months in January. On Tuesday, President Buhari had said he rejected suggestions to remove the

June 22, 2022

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Finance & Economy - Page 253

What Nigeria’s 15.10% Inflation Rate Drop Means

Nutreco Receives $4.8 Million Grant To Unlock Sustainable Feed Solutions For Africa’s Small-scale Producers

FG Sends Agencies To Shutdown Filling Stations Selling Petrol Above N165

Dollar To Naira Exchange Rate, 24/27 June 2022: Dollar Rate Rises, As Demand Soars From Hajj Pilgrims, Others in Black Market

NCDMB Boss Lauds Nivafer For Commitment To Local Content Initiative

Dollar To Naira Exchange Rate, 23 June 2022: Dollar Price Rises In Black Market, As Naira Gains In Official

ASUU Strike: We’re Still Negotiating With Fed. Govt – Osodeke

Oando Likely To Delist From Stock Market, As Investors Move To Exit Troubled Oil & Gas Firm

Black Market Dollar To Naira Exchange Rate Today: Traders Increase Price To Buy Dollars Across All Forex Market

Oil Price Crashes, As Vladimir Putin Seeks Nigerian Buyers For Russian Oil

Pres. Buhari Told To Remove Fuel Subsidy After Rejecting IMF, World Bank Advice

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