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Finance & Economy - Page 66

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

Top 5 Nigeria’s Sectors that Paid Highest VAT In 2023

Finance & Economy

Nigeria’s VAT Collection Rises By 14.16% To N1.78trn In Q3

Nigeria’s Value Added Tax collection rose by 14.16 per cent to N1.78 trillion in the third quarter of 2024 from N1.56 trillion in Q2. According to data released on Friday by the National Bureau of Statistics (NBS), the VAT collection in Q3

December 7, 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, 7th 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 7, 2024

Fresh Petrol Price Hike Stokes Fears Of Further Inflation Spike In Nigeria

Business·News·Oil & Gas

Marketers Assure Petrol Price Drop, Zero Scarcity During Yuletide

Petroleum marketers have assured that there will be price reduction and zero scarcity of petroleum products nationwide, especially Premium Motor Spirit (PMS), during the Yuletide season. Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) gave the assurance after signing a deal

December 7, 2024

Port Harcourt Refinery Shutdown: Marketers Call On Minister, NNPCL GCEO To Intervene

Business·News·Oil & Gas

Work Ongoing On 150,000bpd Second Port Harcourt Refinery – Presidency

The presidency has confirmed that work is progressing steadily on the 150,000 barrels per day (bpd) plant of the Port Harcourt Refinery in Rivers State. Special Adviser on Information and Strategy to President Bola Tinubu, Mr. Bayo Onanuga, shared this update after

December 6, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 6th December 2024

December 6, 2024

PMS Price: Marketers Raise Concerns Over Epileptic Fuel Supply

Business·News·Oil & Gas

How Marketers Import 2.3bn Litres of Fuel In 3 Months Despite Local Refinery Operations

Marketers Persist with Fuel Imports Despite the operational launch of two major refineries in Nigeria, the Dangote Petroleum Refinery and the Port Harcourt Refining Company, oil marketers have continued to import fuel. Between September 11 and December 5, 2024, a total of

December 5, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th December 2024

December 5, 2024

Business·News·Oil & Gas

Port Harcourt Refinery: Mixed Feelings Over Nigeria’s Energy Future

The Long Journey to Resuscitating the Port Harcourt Refinery Nigeria’s Port Harcourt Refinery has long been a symbol of the nation’s struggle for energy independence. Once heralded as a beacon of industrial might, years of neglect turned it into a dormant shell,

December 5, 2024

Naira Opens Week With Gain Across FX Markets

Business·Currency·Markets·News

Naira Records Massive Gain Against Dollar At Black Market

The naira recorded a massive gain against the United States Dollar on Wednesday at the parallel market.The local currency appreciated to N1,700 per dollar at the parallel market also known as the black market. This represents N30 gain when compared to N1,730

December 5, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 4th December 2024

December 4, 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 66

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

Nigeria’s VAT Collection Rises By 14.16% To N1.78trn In Q3

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 7th December 2024

Marketers Assure Petrol Price Drop, Zero Scarcity During Yuletide

Work Ongoing On 150,000bpd Second Port Harcourt Refinery – Presidency

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 6th December 2024

How Marketers Import 2.3bn Litres of Fuel In 3 Months Despite Local Refinery Operations

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th December 2024

Port Harcourt Refinery: Mixed Feelings Over Nigeria’s Energy Future

Naira Records Massive Gain Against Dollar At Black Market

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 4th 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

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

China to Scrap Tariffs for 53 African Countries from May 1, Excludes Eswatini

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Finance & Economy - Page 66

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