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Finance & Economy - Page 300

Stronger Local Content Policies Key to Unlocking Africa’s Energy Market Value – Ogbe

Nigeria’s Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, says Africa risks losing billions in potential market value unless oil-producing nations hardwire local content policies into their energy strategies. Speaking at the 4th African Petroleum

November 6, 2025

Finance & Economy·Top Stories

CBN Directs Banks To Publish Names, BVN Of Forex Defaulters

THE Central Bank of Nigeria (CBN) has directed all banks to publish names of customers who disobey the rules on acquisition of forex on their websites. The directive was given in a circular (BSD/DIR/PUB/LAB/14/059) dated August 30. The apex bank said it

August 31, 2021

Finance & Economy·Top Stories

FG To Present 2022 Budget In October

President Muhammadu Buhari may present the 2022 Appropriation Bill to a joint session of the National Assembly in October. The Minister of Finance, Budget and National Planning, Zainab Ahmed, hinted this in Abuja during a briefing organised to give insight into the

August 31, 2021

Naira Ends Week With Marginal Gain Against Dollar

Currency·Finance & Economy·Top Stories

Naira Plunges To All-time Low Of 527 To Dollar

The decline of naira continued on Monday, as the Nigerian legal tender slid to an all-time low of 527 against the dollar at the parallel market. On Friday, the local currency, which has been on a nosediving trend in recent weeks, fell

August 31, 2021

Finance & Economy·Top Stories

CBN Sets Transaction Limit For E-naira

THE Central Bank of Nigeria (CBN) has set an initial limit of N50,000 for non-account holders in the transaction guidelines released for e-naira project. The apex bank had on Monday announced the formal engagement of Butt Inc., as the technical partner for

August 31, 2021

Finance & Economy·Top Stories

Nigerians Of Value In Troubled Economy

ALTHOUGH it’s slowly getting back on track, going by official figures in the last three months, Nigeria’s economy has been in bad shape since 2015 as oil prices continue to fall. The continuous price dip, accounting for 70% of Federal Government’s revenue during

August 31, 2021

Finance & Economy·Top Stories

Economic Sustainability Plan Grows GDP By 5%, SGF Claims

THE Secretary to the Government of the Federation, Boss Mustapha, has said the government’s economic sustainability plan helped Nigeria out of recession with more than 5% Gross Domestic Product (GDP) growth. The Director of Information, Office of the Secretary to the Government

August 31, 2021

Finance & Economy·Top Stories

CBN Announces Technical Partner As E-naira Commences October 1

GLOBAL Fintech Company, Bitt Inc. has been formally engaged by the Central Bank of Nigeria (CBN) as the technical partner for its digital currency, eNaira. According to a statement by Osita Nwanisobi, Director, Corporate Communications of the Bank, on Monday, this development

August 30, 2021

News·Real Estate·Top Stories

COREN Laments Increased Cases Of Building Collapse

THE Council for the Regulation of Engineering in Nigeria (COREN) has listed improper designs, poor quality of materials and inadequate site practices as the causes of building collapse across the country. The President of COREN, Ali Rabiu, lamented the rise in building

August 30, 2021

Oil & Gas·Top Stories

Dangote’s $2bn Petrochemical Plant To Produce 77 Grades Of Polypropylene

THE Group Executive Director, Strategy, Capital Projects & Portfolio Development, Dangote Industries Limited, Devakumar Edwin says Dangote’s $2bn Petrochemical Plant located in Ibeju-Lekki, Lagos State, has been designed to produce 77 different grades of polypropylene. He explained that the plant would have

August 29, 2021

Finance & Economy·Top Stories

FG Restarts Conditional Cash Transfer In Lagos

THE Federal Government on Saturday restarted its Conditional Cash Transfer programme in Lagos State. Commissioner for Wealth Creation and Employment in Lagos State, Mrs. Yetunde Arobieke, at the opening of the 5th and 6th Bi-Monthly payment said 6,810 persons/households had benefited from

August 29, 2021

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Finance & Economy - Page 300

Stronger Local Content Policies Key to Unlocking Africa’s Energy Market Value – Ogbe

CBN Directs Banks To Publish Names, BVN Of Forex Defaulters

FG To Present 2022 Budget In October

Naira Plunges To All-time Low Of 527 To Dollar

CBN Sets Transaction Limit For E-naira

Nigerians Of Value In Troubled Economy

Economic Sustainability Plan Grows GDP By 5%, SGF Claims

CBN Announces Technical Partner As E-naira Commences October 1

COREN Laments Increased Cases Of Building Collapse

Dangote’s $2bn Petrochemical Plant To Produce 77 Grades Of Polypropylene

FG Restarts Conditional Cash Transfer In Lagos

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