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Finance & Economy - Page 61

BOI Disburses Record N636bn in 2025, Creates 1.6m Jobs – President Tinubu

The Bank of Industry (BOI) achieved a landmark milestone in 2025, disbursing a record N636 billion to over 7,000 Nigerian enterprises, marking the largest annual financing in its history, President Tinubu announced on Thursday. According to the President, the financing spanned multiple

February 14, 2026

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, January 3rd, 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

January 3, 2025

Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Business·News·Oil & Gas·World News

Global Oil Prices Rise By $74.80/barrel As Investors Eye China, U.S. Policies

Global oil prices showed a minor increase on the first trading day of 2025, reflecting cautious optimism among investors. Brent crude futures rose by 17 cents, reaching $74.80 per barrel by 0547 GMT. Similarly, U.S. West Texas Intermediate (WTI) crude climbed 19

January 2, 2025

Business·Currency·Markets·News

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

January 1, 2025

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Currency·Markets·News

Naira Falls By 69% YoY To N1,535 Per Dollar At Official Market

The Nigerian naira crashed by 69.21 per cent year-on-year following foreign exchange market reforms that led to devaluation of the local currency. According to official foreign exchange market data published on the Central Bank of Nigeria (CBN), website, the naira closed trading

January 1, 2025

News·Oil & Gas

Warri, PH Refineries Resumption: Experts Raise Concerns About Crude Supply Amid Crude-backed Loans

As the Nigerian government celebrates the resumption of operations by Port Harcourt and Warri refineries, experts have raised concerns about the guarantee of steady supply of crude oil to the refineries given the foreign loans tied to crude. They, therefore submitted that

December 31, 2024

Nigerians Divide As Warri Refinery Resumes Operation

Business·News·Oil & Gas

Nigerians Disagree As NNPCL Reports Warri Refinery Working

The Nigerian National Petroleum Company Limited (NNPCL) has announced the partial resumption of operations at the 125,000-barrel-per-day Warri Refinery, sparking mixed reactions from Nigerians. The Warri Refining and Petrochemical Company (WRPC), located in Delta State, had been dormant for years due to

December 30, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 29th December 2024

December 29, 2024

Analyst Faults Nigerian Govt’s Plan To Build Another Seaport In Lagos As Calabar Port Rots

Finance & Economy·News

Expert Faults Govt’s Plan To Build Another Seaport In Lagos As Calabar Port Rots

Energy expert and public affairs analyst, Kelvin Emmanuel, has criticised the decision of the Nigerian Government to build another seaport in Lagos while abandoning the development of the Calabar Deep Sea Port. He questioned the rationale behind such decision by the Federal

December 28, 2024

FEATURES·Oil & Gas

Major Events That Shaped Nigeria’s Oil and Gas Sector In 2024

Nigeria’s oil and gas sector recorded a couple of activities which led to significant changes in the upstream, and downstream. Tinubu’s executive orders on oil and gas sector reforms President Bola Tinubu had on 28th February 2024, signed three Executive Orders as

December 28, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 27th December 2024

December 27, 2024

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Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

U.S. President Donald Trump has threatened to impose 100 per

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies

Behind the Geregu Power Sale: Politics and a $750m Deal

The sale of Geregu Power, one of Nigeria’s largest electricity

Recapitalisation: UBA Extends Deadline For Rights Issue

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

United Bank for Africa (UBA) has successfully concluded its rights

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Finance & Economy - Page 61

BOI Disburses Record N636bn in 2025, Creates 1.6m Jobs – President Tinubu

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, January 3rd, 2025

Global Oil Prices Rise By $74.80/barrel As Investors Eye China, U.S. Policies

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

Naira Falls By 69% YoY To N1,535 Per Dollar At Official Market

Warri, PH Refineries Resumption: Experts Raise Concerns About Crude Supply Amid Crude-backed Loans

Nigerians Disagree As NNPCL Reports Warri Refinery Working

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 29th December 2024

Expert Faults Govt’s Plan To Build Another Seaport In Lagos As Calabar Port Rots

Major Events That Shaped Nigeria’s Oil and Gas Sector In 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 27th December 2024

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BOI Disburses Record N636bn in 2025, Creates 1.6m Jobs – President Tinubu

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Behind the Geregu Power Sale: Politics and a $750m Deal

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Nigeria’s Debt Servicing Jumps Fourfold in Four Years, Hits ₦15.91tn in 2026 Proposal

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Finance & Economy - Page 61

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