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Finance & Economy - Page 345

DR Congo Turns to Nigeria for Oil and Gas Local Content Lessons

September 22, 2026

A delegation from the Democratic Republic of Congo has begun a study tour of Nigeria’s oil and gas local content framework, with engagements planned with the Nigerian Content Development and Monitoring Board

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

Agro-Economy·News

Atiku Wants Decisive Action To Prevent Impending Food Crisis

A former vice president of Nigeria, Atiku Abubakar, is demanding proactive and decisive moves by the Federal Government to address food crisis in the country. Atiku, in a statement on Friday, cited the spate of insecurity as a major cause of food

July 31, 2021

Agro-Economy·News

Nigeria, 22 Others In Danger Of Acute Food Insecurity – Report

Nigeria is among 23 hunger hotspots where conflict, economic repercussions of COVID-19 and climate crisis are expected to drive higher levels of acute food insecurity in the next for months. This was revealed in a new report by UN’s Food and Agriculture

July 31, 2021

Finance & Economy·Entrepreneurship·News

Lafarge Declares Profit Of N19.19bn In Q2 2021

Cement production company, Lafarge Africa (Wapco) Plc declared a 25.75% growth in net profit for second quarter of year (Q2 2021). Lafarge recorded 29.40% increase in revenue, taking revenue for the period to N73.55 billion from N56.84 billion in the same quarter

July 31, 2021

Naira Ends Week With N59.71 Gain At Official Market

News·Finance & Economy

MAN Urges Banks To Comply With CBN Directives On Sale Of Forex

Manufacturers Association of Nigeria (MAN) has advised commercial banks to strictly adhere to the Central Bank of Nigeria (CBN) directives on the sale of foreign exchange to eligible customers. Dr Okwara Udensi, MAN Chairman, Edo/Delta chapter, made this appeal during a recent

July 31, 2021

Access Bank Raises N351bn, Emerges First Nigerian Bank To Meet CBN’s N500bn Capital Requirement

Finance & Economy·News

CBN, Nigerian Banks Collude Against Currency Speculators

The Central Bank of Nigeria and it’s stakeholders are forming a coalition against currency speculators who profit from round tripping and other currency manipulation practices. The naira appreciated in the late hours of Thursday to N520/$ from the previous day’s close of

July 30, 2021

Finance & Economy·News

CBN To Refund Pending Licence Applications Fees To Bureau De Change Promoters

The Central Bank of Nigeria (CBN) will commence the immediate refund of capital deposits and licensing fees to Bureaux de Change (BDC) promoters who have pending licence applications. The CBN announced this in a circular signed by Ibrahim Tukur, director of financial

July 30, 2021

Finance & Economy·News

BDC Operators Vow To Independently Source Forex

The Association of Bureau De Change Operators of Nigeria (ABCON) has in response to the ban by the Central Bank of Nigeria, assured members of the public that Bureau De Change operators will continue to provide foreign exchange services. ABCON disclosed that

July 30, 2021

Finance & Economy·Currency

Naira Gains At Official Investors Window

As the official investors and exporters windows closed on the 28th of July, the naira gained on the dollars closing N41.6/$1 representing a 0.02% appreciation compared to N411.65/$1 recorded on Tuesday, 27th July 2021. At the parallel market, naira declined significantly by

July 29, 2021

Oil & Gas·News

Buhari Explains How AKK Project Will Enhance Gas Utilization For Industrialisation

President Muhammadu Buhari has explained that successful completion of the Ajaokuta-Kaduna-Kano, AKK Project in 2023 would enhance domestic gas utilisation as the mainstay for national industrialisation. Buhari stated this at the opening ceremony of the 2021 Gas Sector Stakeholders (AKK) Forum organised

July 29, 2021

Finance & Economy·News

CBN Orders Banks To Set Up Forex Teller Points

The Central Bank of Nigeria (CBN) has directed banks to set up teller points in designated branches to sell foreign currencies including the dollar to Nigerians. The directive which followed the CBN’s decision to stop the sale of forex to Nigerians through

July 29, 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 345

DR Congo Turns to Nigeria for Oil and Gas Local Content Lessons

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

Atiku Wants Decisive Action To Prevent Impending Food Crisis

Nigeria, 22 Others In Danger Of Acute Food Insecurity – Report

Lafarge Declares Profit Of N19.19bn In Q2 2021

MAN Urges Banks To Comply With CBN Directives On Sale Of Forex

CBN, Nigerian Banks Collude Against Currency Speculators

CBN To Refund Pending Licence Applications Fees To Bureau De Change Promoters

BDC Operators Vow To Independently Source Forex

Naira Gains At Official Investors Window

Buhari Explains How AKK Project Will Enhance Gas Utilization For Industrialisation

CBN Orders Banks To Set Up Forex Teller Points

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