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Finance & Economy - Page 48

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

Survey: 65.8% Respondents Want Interest Rate Cut As CBN Holds MPC Meeting

Business·Finance & Economy·News

SERAP Gives CBN 48 Hours To Reverse ATM Withdrawal Fee Increase

The Socio-Economic Rights and Accountability Project (SERAP) has given the Central Bank of Nigeria (CBN) a 48-hour ultimatum to reverse its recent increase in Automated Teller Machine (ATM) transaction fees. The advocacy group has described the new charges as “unlawful, unfair, unreasonable,

February 16, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th February, 2025

What is the Dollar to Naira Exchange rate at 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, especially the Aboki Fx as

February 16, 2025

Business·News·Oil & Gas

NNPC Refutes Viral Claims That Its Fuel Does Not Last

The Nigerian National Petroleum Company Limited (NNPCL) has debunked what it described as “false and misleading allegations” made in a viral video which claims that NNPC fuel does not last. In a statement released on Saturday, by the NNPCL Chief Corporate Communications

February 15, 2025

Business·Finance & Economy·News

CBN Plans Sanctions Against Banks Imposing ATM Withdrawal Limits Below N20,000

The Central Bank of Nigeria (CBN) has warned that it will sanction banks that prevent customers from withdrawing amounts of N20,000 or more per transaction from Automated Teller Machines (ATMs). The apex bank made this known in a ‘Question and Answer’ explainer

February 14, 2025

N15 Reduction Is Insignificant- Nigerians React As NNPCL Reduces Petrol Price To N945/ Litre

Business·News·Oil & Gas

N15 Reduction Insignificant, Say Nigerians As NNPCL Reduces Petrol Price To N945/ Litre

Many Nigerians have dismissed the N15 reduction in petrol price by Nigerian National Petroleum Company Limited (NNPCL) as insignificant, saying it does little to ease the burden of high fuel costs. The NNPCL has reduced the pump price of petrol from N960 to

February 13, 2025

Business·News·Real Estate

Top Locations To Invest In Rental Properties

The real estate market in Lagos is attracting investors looking for high returns in 2025. With an increasing population and a growing middle class, rental properties remain a profitable investment. While island locations like Lekki continue to be prime destinations, some mainland

February 13, 2025

News·Oil & Gas

NCDMB Boss Highlights Strategies For Collaboration On Local Content Development In Africa

Engr. Felix Omatsola Ogbe, Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), charged sub-Saharan African countries to be up to date with developments in the global oil and gas sector and implement a coordinated strategy to promote industrialisation, strengthen

February 12, 2025

Business·Oil & Gas

Africa Energy Bank Set For Launch In 1st Quarter, Eyes $120bn Asset Base

The Africa Energy Bank will begin operations in the first quarter of 2025 with $5 billion in equity from member countries and shareholders, and targets an asset base of $120 billion. Nigeria’s Minister of State Petroleum Resources (Oil), Heineken Lokpobiri, made this

February 11, 2025

SERAP Urges Tinubu To Suspend ATM Fee Increase Amid Legal Challenge

Business·Finance & Economy·News

CBN Announces New ATM Transaction Fees Effective March 1, Sparks Outrage Among Nigerians

The Central Bank of Nigeria (CBN) has announced new charges for Automated Teller Machine (ATM) transactions, set to take effect from March 1, 2025. The revised charges will affect cash withdrawals across different banking channels, including on-site ATMs and those operated by

February 11, 2025

Business·News·Oil & Gas

Dangote Refinery Reduces Ex-depot Price Of Diesel To ₦1,020 Per Litre

Dangote Petroleum Refinery has announced a reduction in the price of its diesel to ₦1,020 per litre from ₦1,075 at the gantry. This is ₦55 drop in the ex-depot price of diesel. In a statement released Tuesday, the company said the price

February 11, 2025

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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 48

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

SERAP Gives CBN 48 Hours To Reverse ATM Withdrawal Fee Increase

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th February, 2025

NNPC Refutes Viral Claims That Its Fuel Does Not Last

CBN Plans Sanctions Against Banks Imposing ATM Withdrawal Limits Below N20,000

N15 Reduction Insignificant, Say Nigerians As NNPCL Reduces Petrol Price To N945/ Litre

Top Locations To Invest In Rental Properties

NCDMB Boss Highlights Strategies For Collaboration On Local Content Development In Africa

Africa Energy Bank Set For Launch In 1st Quarter, Eyes $120bn Asset Base

CBN Announces New ATM Transaction Fees Effective March 1, Sparks Outrage Among Nigerians

Dangote Refinery Reduces Ex-depot Price Of Diesel To ₦1,020 Per Litre

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Finance & Economy - Page 48

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