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Finance & Economy - Page 334

Africa·Business News·Oil & Gas·Top Stories

Ruto, Dangote Discuss Financing for $17 Billion Kenya Refinery Project

September 21, 2026

Kenyan President William Ruto met Nigerian industrialist Aliko Dangote and Africa Finance Corporation (AFC) President Samaila Zubairu in New York on Monday, September 21, 2026 to discuss financing and preparations for a

Curbing The Monster Of Vote-buying In The Electoral System

FEATURES·Finance & Economy

Nigeria’s Cost-of-Living Crisis Raises Vote-Buying Concerns Ahead of 2027

September 20, 2026

Nigeria is approaching the 2027 general election with inflation easing but the cost of living still weighing heavily on households, raising concerns about how economic vulnerability could interact with vote buying and

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Agro-Economy·Finance & Economy

African presidents, global leaders support bold action on climate change adaptation

Africa now faces the dual onslaught of climate change – currently estimated at between $7 billion and $15 billion each year – and Covid-19, which has claimed 114,000 lives In a historic and united show of solidarity for a continent that contributes

August 28, 2021

Agro-Economy

Amid food insecurity, 4,250 farmers buckle for survival in Nigeria’s Delta region

Amid growing poverty and hunger, Nigeria’s South South State of Edo is partnering President Muhammad Buhari ‘s Federal Government and the International Fund for Agricultural Development (IFAD) to teach young farmers how to live by the soil and boost economic growth. The

August 28, 2021

Oil & Gas·Top Stories

DPR, SON Partner To Stop Sale Of Substandard Lubricants

THE Department of Petroleum Resources (DPR), has said it is working in collaboration with Standards Organization of Nigeria (SON) to curtail the manufacturing and sale of substandard lubricants in the country. The Director and Chief Executive Officer, DPR, Engr. Sarki Auwalu, stated that

August 28, 2021

GTCO Records 217% Growth In N327.4 Billion H1 Profit Before Tax

Finance & Economy·Top Stories

GTCO Issues Guidelines For Forex Sales

FOLLOWING recent decision by the Central Bank of Nigeria to take off sell of forex from Bureau de Change operators and hand it over to commercial banks, Guarantee Trust Holding Company (GTCO) has released guidelines for forex trading. In a letter sent

August 28, 2021

Oil & Gas·Top Stories

PIA Not Strong Enough To End Oil Spill, Gas Flaring – Environmentalists

ENVIROMENTALISTS have said that though the new Petroleum Industry Act will help in fighting environmental degradation, it is not strong enough to stamp it out entirely. Oil spilling and gas flaring are two major contributors to environmental degradation and pollution that have

August 27, 2021

Finance & Economy·Top Stories

GDP Records 5% Growth In Second Quarter

NIGERIA’S Gross Domestic Product (GDP) grew by 5.01% in the second quarter of 2021, the strongest since the fourth quarter 2014, the National Bureau of Statistics (NBS) said in its second quarter GDP report released on Thursday. According to the NBS, this

August 27, 2021

Finance & Economy·Top Stories

Nigeria’s Economy Will Be Reviewed Upwards If GDP Growth Is Sustained – LCCI

THE Lagos Chamber of Commerce and Industry (LCCI) has said Nigeria’s economic growth will be accelerated if the Gross Domestic Product (GDP) recorded in the second quarter of 2021 is sustained. The LCCI the 5% GDP growth recorded in the second quarter

August 27, 2021

NNPCL Denies Inflating Fuel Subsidy Payments

Oil & Gas·Top Stories

NNPC Justifies FG’s 20% Equity Stake In Dangote Refinery

THE Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari, has justified Federal Government’s decision to have 20% equity stake in Dangote refinery. Kyari said it was a well-calculated decision that would favour the country. The NNPC GMD

August 26, 2021

FEATURES·Agro-Economy

Adopting Climate Smart Agriculture Will Boost Food Security – Edobong Akpabio

RENOENED agropreneur and Chairperson, Agriculture and Agro-allied Group of the Lagos Chamber of Commerce and Industry (LCCI), Mrs Edobong Akpabio, speaks on the need

August 26, 2021

Petroleum Products Pricing Regulatory Agency

Oil & Gas·Top Stories

No Plan To Increase Fuel Price Yet, Says FG

THE Federal Government has said there is no plan yet to increase the pump price of petroleum products, particularly, Premium Motor Spirit (PMS) also known as fuel. There have been fears of imminent increase in the price of petrol among members of

August 25, 2021

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India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

On Thursday, the official foreign exchange (FX) rate for the

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Finance & Economy - Page 334

Ruto, Dangote Discuss Financing for $17 Billion Kenya Refinery Project

Nigeria’s Cost-of-Living Crisis Raises Vote-Buying Concerns Ahead of 2027

African presidents, global leaders support bold action on climate change adaptation

Amid food insecurity, 4,250 farmers buckle for survival in Nigeria’s Delta region

DPR, SON Partner To Stop Sale Of Substandard Lubricants

GTCO Issues Guidelines For Forex Sales

PIA Not Strong Enough To End Oil Spill, Gas Flaring – Environmentalists

GDP Records 5% Growth In Second Quarter

Nigeria’s Economy Will Be Reviewed Upwards If GDP Growth Is Sustained – LCCI

NNPC Justifies FG’s 20% Equity Stake In Dangote Refinery

Adopting Climate Smart Agriculture Will Boost Food Security – Edobong Akpabio

No Plan To Increase Fuel Price Yet, Says FG

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Finance & Economy - Page 334

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