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Finance & Economy - Page 59

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

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, 17th December 2024

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

December 17, 2024

Finance & Economy·News

FEC Approves N47.960trn 2025 Budget Proposal

Nigeria’s Federal Executive Council (FEC), has approved the 2025 Budget Proposal of N47.960 trillion. Minister of Budget and Economic Planning, Atiku Bagudu, made this known while briefing State House correspondents at the end of the FEC meeting at the Presidential Vila Abuja

December 16, 2024

What Govt Should Do To Rein In Inflation

Business·Finance & Economy·News

Inflation Hits 28-Year High Of 34.6% On Food, Energy Costs

Nigeria’s headline inflation rate hit 34.60 per cent in November 2024. This indicates an increase of 0.72 per cent points compared to the October 2024 inflation rate which was 33.88 per cent. This is the highest in the last 28 years as

December 16, 2024

Tinubu Hails Shell, Partners' $5bn Deepwater Project In Nigeria's Energy Sector

Business·News·Oil & Gas

Tinubu Hails Shell, Partners’ $5bn Investment In Nigeria’s Oil Sector

President Bola Ahmed Tinubu has hailed Shell and its partners’ $5 billion investment in the Bonga North Deep Offshore Field, marking a major step forward for Nigeria’s energy sector. This investment, announced with the Final Investment Decision (FID) on the project, is

December 16, 2024

Addressing Forex Instability and Fuel Costs

Business·FEATURES·News·Oil & Gas

NNPCL’s 2% Fuel Price Reduction Not Enough ‘Christmas Gift’, Nigerians React

Many Nigerians are unhappy with what appears a paltry reduction of petrol pump price as ‘Christmas Gift’ by the country’s national oil company. Recently, The Independent Petroleum Marketers Association of Nigeria (IPMAN) urged the Dangote Refinery to lower its ex-depot price from N970 per litre,

December 16, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th December 2024

December 16, 2024

Business·News·Oil & Gas

IPMAN Urges Dangote Refinery To Cut Petrol Price, Cites Drop In Landing Cost

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Dangote Refinery to reduce its petrol prices. The association’s plea comes after the estimated cost of landing petrol in Nigeria dropped to N900.28 per litre, while the current ex-depot price

December 15, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 15th December 2024

December 15, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 14th December 2024

December 14, 2024

Yuletide: Nigerians React To Petrol Price Shift As Experts Debate Domestic Refining vs Imports

Business·FEATURES·News·Oil & Gas

Yuletide: Nigerians React To Petrol Price Shift, Experts Debate Domestic Refining vs. Imports

The recent reduction in the landing cost of petrol to N900.28 per litre has sparked diverse reactions among Nigerians. While some view it as a sign of possible retail price relief for the festive season, others remain skeptical about its impact on

December 14, 2024

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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 59

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 17th December 2024

FEC Approves N47.960trn 2025 Budget Proposal

Inflation Hits 28-Year High Of 34.6% On Food, Energy Costs

Tinubu Hails Shell, Partners’ $5bn Investment In Nigeria’s Oil Sector

NNPCL’s 2% Fuel Price Reduction Not Enough ‘Christmas Gift’, Nigerians React

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th December 2024

IPMAN Urges Dangote Refinery To Cut Petrol Price, Cites Drop In Landing Cost

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 15th December 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 14th December 2024

Yuletide: Nigerians React To Petrol Price Shift, Experts Debate Domestic Refining vs. Imports

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