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Finance & Economy - Page 64

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

Dangote Vs NNPCL: Petrol Price War Leaves Independent Marketers Struggling

Business·News·Oil & Gas

Naira-for-Crude Deal Faces Challenges As Dangote Refinery Criticises NNPCL Supply Shortfall

Dangote Refinery Accuses NNPC of Breach The Dangote Refinery has raised concerns about the Nigerian National Petroleum Company Limited (NNPCL) ability to meet its obligations under the naira-for-crude arrangement. Vice President of Dangote Group, Edwin Devakumar, revealed this in a statement reported

November 23, 2024

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, 23rd November 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

November 23, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22nd November 2024

November 22, 2024

Nigeria Now Leading Cement Exporter In Africa – Dangote

Business·News·Oil & Gas

Dangote Refinery Resumes U.S. Crude Import Amidst Domestic Supply Challenges

U.S. Oil Imports Resume After Hiatus The Dangote Petroleum Refinery has resumed importing crude oil from the United States after a three-month break. A shipment carrying two million barrels of WTI Midland crude from Chevron Corporation is expected at the refinery in

November 21, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 21st November 2024

November 21, 2024

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Business·Currency·Markets

Naira Falls To N1687 Per Dollar At Official Market

The Nigerian naira has slumped to N1,687.52 at the official market on Wednesday. This is the second time the naira recorded depreciation within the week. Wednesday’s closing rate reflects N8.59 depreciation from Tuesday’s N1678.93 per dollar, according to the Nigeria Autonomous Foreign

November 20, 2024

Tinubu's Quest For Fresh N tn Foreign Loan May Push Nigeria’s External Debt To $bn By Year End

Finance & Economy

Quest For Fresh N1.767tn Foreign Loan May Push Nigeria’s Debt To $45bn

There are concerns that Nigeria’s external debt could reach $45.1 billion by the end of 2024 following the Federal Government’s plans to obtain more foreign loans, leading to an impending debt crisis. President Bola Tinubu on Tuesday sent a letter to the

November 20, 2024

Illegal Refineries: Nigerian Navy Destroys 23 Sites, Recovers Stolen Crude

Business·News·Oil & Gas

Nigerian Navy Intensifies Fight Against Illegal Refineries, Destroys 23 Sites

Navy Intensifies Fight Against Illegal Refineries The Nigerian Navy has escalated its battle against illegal refineries, uncovering and destroying 23 sites in October alone. This effort, part of Operation DELTA SANITY, has led to significant recoveries, including large quantities of stolen crude

November 20, 2024

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

Business·News·Oil & Gas

Dangote Refinery Begins Petrol Export To Togo, Other West African Countries

A New Era for Regional Fuel Markets In a significant development for West Africa’s energy sector, the Dangote Refinery has officially started exporting petrol to neighbouring Togo. This marks the beginning of what could be a game-changing shift in regional fuel markets.

November 20, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 20th November 2024

November 20, 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 64

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

Naira-for-Crude Deal Faces Challenges As Dangote Refinery Criticises NNPCL Supply Shortfall

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 23rd November 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22nd November 2024

Dangote Refinery Resumes U.S. Crude Import Amidst Domestic Supply Challenges

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 21st November 2024

Naira Falls To N1687 Per Dollar At Official Market

Quest For Fresh N1.767tn Foreign Loan May Push Nigeria’s Debt To $45bn

Nigerian Navy Intensifies Fight Against Illegal Refineries, Destroys 23 Sites

Dangote Refinery Begins Petrol Export To Togo, Other West African Countries

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 20th November 2024

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