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Finance & Economy - Page 264

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

President Tinubu has nominated new chief executives for Nigeria’s petroleum regulatory agencies following the resignation of the heads of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), developments that come amid intense controversy

December 18, 2025

Nigeria's September Oil Production Hits 1.5 Million Barrels, Bolsters OPEC Output

Oil & Gas

Nigeria’s Crude Oil Production Jumps By 50,000 BPD In A Month

Nigeria’s crude oil production increased by 50,000BPD in a month, from 1.41 million barrels a day average in December 2021 to 1.46 million barrels a day in January 2022, from a monthly output target of 1,683,000 BPD. Prime Business Africa obtained this

February 1, 2022

Oil & Gas

Nnimmo Bassey Hails US Court Ruling Against Sale Of Gulf Of Mexico Oil Lease

Nigerian environmental activist, Nnimmo Bassey has commended a United States Court ruling which blocked a highly controversial sale of oil and gas drilling leases across 80m acres of the Gulf of Mexico, by Joe Biden's administration.

January 31, 2022

Agro-Economy

IFAD Set To Increase Investments In Green Bond, ESG Securities

In a significant move to strengthen its commitment to ethical investments, the Executive Board of the International Fund for Agricultural Development (IFAD) has agreed on a policy to further shift the agency's treasury investments to green bonds and other Environmental, Social and Governance

January 29, 2022

Entrepreneurship·Insights

Choosing The Right Vendor For Your Business

Your ability to choose wisely and correctly the right fit of vendors for your business determines the sustainability of that business.

January 29, 2022

Finance & Economy·World News

US Stocks Rebound In Wild Week Trading

Wall Street stocks experienced sharp rally as global markets ended what analysts considered an intense wild week. The benchmark for the US S&P 500 index rose 2.4 per cent just as a late-day advance got some momentum considered strong enough to put

January 29, 2022

Oil & Gas

Petrol Landing Cost Rises To N282/litre, Oil Hits $90 – Reports

Emerging reports have claimed that the landing cost of Premium Motor Spirit (petrol) imported into Nigeria to over N282 per litre. Prime Business Africa gathered that the further rise in the landing cost of petrol means increased subsidy as the pump price

January 27, 2022

Finance & Economy·Opinion

Top Secrets For Balanced Investment Portfolio (Part 2)

This is the concluding part of the series on having a balanced investment portfolio, you can read part 1 here.

January 26, 2022

Aliko Dangote Spent $18.5 billion To Build Refinery, Owes $2.7 billion Debt

Personal Finance

Dangote Remains Africa’ Richest Man In 11th Year Row

President of Dangote Group, Alhaji Aliko Dangote has according to the Forbes 2022 list of Africa's Billionaires, retained his position as the continent's richest man for the 11th year in a row

January 25, 2022

Oil & Gas

BREAKING: Nigerian Workers Suspend Protest Over Planned Subsidy Removal

The leadership of the Nigeria Labour Congress has suspended its planned nationwide protest earlier scheduled for 27th January 2022. It also suspended the follow-up protest which would have taken place on February 2nd, 2022 in the nation’s capital, Abuja. President of the

January 25, 2022

Oil & Gas

BREAKING: Fuel Subsidy Will Last For 18 More Months – FG

The federal government has said the subsidy of fuel will last for 18 more months, pending when an amendment in the Petroleum Industry Act will be forwarded to the National Assembly. Minister of State for Petroleum Resources, Timipre Sylva, disclosed this on

January 25, 2022

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

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Finance & Economy - Page 264

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

Nigeria’s Crude Oil Production Jumps By 50,000 BPD In A Month

Nnimmo Bassey Hails US Court Ruling Against Sale Of Gulf Of Mexico Oil Lease

IFAD Set To Increase Investments In Green Bond, ESG Securities

Choosing The Right Vendor For Your Business

US Stocks Rebound In Wild Week Trading

Petrol Landing Cost Rises To N282/litre, Oil Hits $90 – Reports

Top Secrets For Balanced Investment Portfolio (Part 2)

Dangote Remains Africa’ Richest Man In 11th Year Row

BREAKING: Nigerian Workers Suspend Protest Over Planned Subsidy Removal

BREAKING: Fuel Subsidy Will Last For 18 More Months – FG

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

Dollar Trades Flat In Black Market, Appreciates In Official Window

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

Heirs Energies Agrees $750m Afreximbank Financing to Drive Long-Term Growth

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Finance & Economy - Page 264

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