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Finance & Economy - Page 31

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

Business·Finance & Economy

CBN Urges Fiscal Authority To Boost Efforts In Forex Earnings From Exports

The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has called on the fiscal authority to strengthen efforts towards enhancing foreign exchange earnings for the country, especially from oil and gas and non-oil exports. The committee made the call during the

May 21, 2025

Business·News·Oil & Gas

Dangote Pledges PMS Price Stability Despite Global Crude Oil Price Fluctuations

Dangote Refinery has pledged its commitment to ensuring stability in the price of Premium Motor Spirit (PMS), also known as petrol, in Nigeria despite fluctuations in prices of crude oil in the international market. In a statement released on Monday, signed by

May 20, 2025

Business·FEATURES·Finance & Economy

Inflation: Concerns About CBN’s Monetary Policy Impact As 91% Of Naira Outside Banks

As the Central Bank of Nigeria (CBN) holds its 300th Monetary Policy Committee (MPC) meeting on Monday, May 19 and Tuesday, 20 2025, to decide the next step in addressing the challenges in the economy from the monetary side, there are concerns

May 19, 2025

News·Oil & Gas

Why Tinubu Approved Licences For Oil Exploration In Northern Nigeria – Lokpobiri

The issuing of all essential licenses needed for the Kolmani Integrated Development Project has received regulatory approvals from President Bola Tinubu. Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, made this known at the groundbreaking ceremony for the construction

May 19, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 19th May 2025

What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian naira (NGN) in the parallel market, also known as black market, as of 19th May 2025, is N1,630

May 19, 2025

Business·Currency·Markets

Naira Falls Against Dollar At Black Market, Ends Week Negative

Nigeria’s currency, the naira, depreciated at the parallel market, also known as the black market, on Friday, ending the week on a negative note. The naira exchanged N1,635 against the dollar on Friday, 16 May, reflecting a N10 (0.62 per cent) depreciation

May 17, 2025

Business·Currency·Markets

Black Market Dollar To Naira Exchange Rate Today, 17th May 2025

May 17, 2025

Finance & Economy

10 States With Lowest Cost Of Living In Nigeria

Finding affordable states to live in has become essential for low-income earners, families, pensioners, and students as Nigeria continues its journey toward economic recovery in 2025. Some states now provide much lower daily expenses, inexpensive housing, and reasonably priced transportation, as food

May 16, 2025

Finance & Economy·Opinion

CBN And The $1 Trillion Economy

The Central Bank of Nigeria (CBN) has keyed into the $1 trillion economy envisioned by President Bola Ahmed Tinubu by 2030. And the global management consulting firm, McKinsey and Co. is sanguine about the economy. McKinsey had projected that the economy would

May 15, 2025

Business·Currency·Markets

Naira Further Appreciates At Official Market

Nigerian naira further appreciated against the United States Dollar on Tuesday, 13 May, at the official segment of the foreign exchange market. Data from the Central Bank of Nigeria (CBN) on exchange rate showed that the naira rose slightly to N1,600.030 per

May 14, 2025

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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

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

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Finance & Economy - Page 31

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

CBN Urges Fiscal Authority To Boost Efforts In Forex Earnings From Exports

Dangote Pledges PMS Price Stability Despite Global Crude Oil Price Fluctuations

Inflation: Concerns About CBN’s Monetary Policy Impact As 91% Of Naira Outside Banks

Why Tinubu Approved Licences For Oil Exploration In Northern Nigeria – Lokpobiri

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 19th May 2025

Naira Falls Against Dollar At Black Market, Ends Week Negative

Black Market Dollar To Naira Exchange Rate Today, 17th May 2025

10 States With Lowest Cost Of Living In Nigeria

CBN And The $1 Trillion Economy

Naira Further Appreciates At Official Market

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Finance & Economy - Page 31

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