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Finance & Economy - Page 254

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

Business·Oil & Gas

Savannah Energy’s Accugas Begins First Gas Sales to FIPL’s Trans Amadi Power Plant

Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, is pleased to announce that Accugas Limited (“Accugas”), the Company’s 80% indirectly owned subsidiary, has commenced gas sales to First Independent Power Limited’s (“FIPL”)

June 22, 2022

Business·Currency

Official Exchange Rate Set To Rise Significantly, As World Bank Demands CBN Adjust Forex Rate

The World has requested an adjustment in the exchange rate of the Investors & Exporters (I&E) window in Nigeria, stating that the rise in oil price has presented the Central Bank of Nigeria (CBN) to take review. According to the World Bank,

June 21, 2022

Breaking: NNPC Increases Fuel Price, Filling Stations Now Selling At N500

News·Oil & Gas

N4tr Fuel Subsidy: We Can’t Tell Actual Beneficiaries – Marketers

With the return of fuel scarcity in different cities and looming hike in the price of the product, petroleum marketers have said they are not benefiting from the subsidy programme of the Federal Government meant to reduce the cost for ordinary Nigerian

June 21, 2022

Business·Currency

Black Market Dollar To Naira Exchange Rate Today: Forex Trade Crashes To Two Months Low

The naira to dollar rate traded flat in the official market on Monday, as the value of foreign currency exchanged fell, nearing a low last recorded on April 4, 2022, while the Nigerian currency appreciated in the black market. Report from the

June 21, 2022

IPMAN Seeks Dangote Refinery's Partnership For Direct Product Allocation, Eases Concerns Over Petrol Stability

News·Oil & Gas

You’re Free To Sell Fuel Above N180, IPMAN Tells Marketers

Independent Petroleum Marketers Association of Nigeria (IPMAN) has asked marketers across the country to begin dispensing petrol at N180 per litre and above. The petroleum marketing body gave the hint on Monday at a press briefing in Lagos, where it explained that

June 20, 2022

Business·Currency

Black Market Dollar To Naira Exchange Rate Today: Nigerian Currency Depreciates 21% Since CBN Ban On BDC Operators

The United States currency, Dollar, and that of Nigeria, Naira, held tight to their ground on Friday, trading at the same previous rates across the official foreign exchange market, Investors & Exporters (I&E) window, as well as the black market. On Thursday,

June 20, 2022

Business·Finance & Economy·Insights

Ranking: Five Best Performing Tier-1 Nigerian Banks In Q1 2022

Customers’ deposits in the vault of Nigerian tier-1 financial institutions, First Bank, United Bank for Africa (UBA), Guaranty Trust Bank (GTBank), Access Bank and Zenith Bank rose to N31.58 trillion as at the end of March 2022. The five banks, known as

June 20, 2022

News·Oil & Gas

Raise Adequate Manpower To Tackle Challenges Of Energy Transition, Wabote Advises FG, Other Stakeholders

As the energy transition mantra takes centre stage globally, the Federal Government and other stakeholders in the oil and gas industry have been advised to intensify efforts in the promotion of quality petroleum education and development of competent manpower to help Nigeria

June 18, 2022

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

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

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Finance & Economy - Page 254

What Nigeria’s 15.10% Inflation Rate Drop Means

Savannah Energy’s Accugas Begins First Gas Sales to FIPL’s Trans Amadi Power Plant

Official Exchange Rate Set To Rise Significantly, As World Bank Demands CBN Adjust Forex Rate

N4tr Fuel Subsidy: We Can’t Tell Actual Beneficiaries – Marketers

Black Market Dollar To Naira Exchange Rate Today: Forex Trade Crashes To Two Months Low

You’re Free To Sell Fuel Above N180, IPMAN Tells Marketers

Black Market Dollar To Naira Exchange Rate Today: Nigerian Currency Depreciates 21% Since CBN Ban On BDC Operators

Ranking: Five Best Performing Tier-1 Nigerian Banks In Q1 2022

Raise Adequate Manpower To Tackle Challenges Of Energy Transition, Wabote Advises FG, Other Stakeholders

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

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

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