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Finance & Economy - Page 71

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, 16th 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 16, 2024

Trump’s Oil Tsunami: Will Nigeria Sink Or Swim?

Business·FEATURES·News·Oil & Gas·Top Stories·World News

How Trump’s Energy Policies Could Affect Nigeria

Trump’s Energy Strategy Raises Alarm for Nigeria The return of Donald Trump as the 47th president of the United States brings renewed focus on his “America First” energy strategy, which could have significant implications for oil-dependent nations like Nigeria. As discussions unfold,

November 16, 2024

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Business·Currency·Markets·News

Naira Weakens Further Against Dollar, Ends Week On Negative Note

The Nigerian naira experienced further depreciation against the United States dollar in the foreign exchange market. According to the Nigeria Autonomous Foreign Exchange Market (NAFEM) data published on the FMDQ Securities and Exchange platform, the naira exchanged N1,652.25 against the dollar at

November 15, 2024

Nigeria's Inflation Rate Hits 33.88% In October Amid Fresh Fuel Price Spike

Business·Finance & Economy·News

Nigeria’s Inflation Rate Hits 33.88% In October Following Fuel Price Spike

Nigeria’s inflation rate has again recorded an increase following a fresh spike in prices of fuel and other commodities across the country. According to the Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) on Friday, 15 November,

November 15, 2024

Business·News·Oil & Gas

Nigeria’s 1.8mbpd Oil Production A Drop In The Bucket – Economist

International Economist and Global Strategist, Derego Williams, has stated that Nigeria’s record of hitting 1.8 million barrels per day of crude oil production in November is like “a drop in the bucket” compared to what the country used to produce in the

November 15, 2024

Business·Currency·Markets·News

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

November 15, 2024

Finance & Economy·Opinion

New Tax Reforms: Ghana Walking Into Nigeria-type Trap?

The Nigerian media have been agog with the fights between President Tinubu and the National Assembly on a proposed Tax Reform Bill. As this was ongoing, social media also set alight with advocacies from some Nigerians asking government in the country to

November 14, 2024

NNPC E&P, NOSL Begin Oil Production In Akwa Ibom OML 13, Target 40,000 bpd By Month End

Business·News·Oil & Gas

NNPC Hits 1.8mbpd Oil Production, Eyes 2mbpd By Year End

The Nigerian National Petroleum Company Limited (NNPCL) says collaboration with its partners has enabled it to increase crude oil and gas production to 1.8million barrels per day (mbpd) and 7.4 standard cubic feet per day (scfd). The company which made this known

November 14, 2024

Business·Currency·Markets·News

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

November 14, 2024

Petrol Price Drops To N925 At Private Depots, Marketers Count Losses

Business·FEATURES·News·Oil & Gas·Top Stories

Will Nigeria Prioritise Imports Or Support Local Refining?

Nigeria’s Choice Between Imports and Local Refining With Nigeria’s fuel sector in a heated debate, two major trade groups are raising concerns about potential monopolistic practices by Dangote Refinery, the country’s largest private refinery. The Independent Petroleum Marketers Association of Nigeria (IPMAN)

November 14, 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 71

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

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

How Trump’s Energy Policies Could Affect Nigeria

Naira Weakens Further Against Dollar, Ends Week On Negative Note

Nigeria’s Inflation Rate Hits 33.88% In October Following Fuel Price Spike

Nigeria’s 1.8mbpd Oil Production A Drop In The Bucket – Economist

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

New Tax Reforms: Ghana Walking Into Nigeria-type Trap?

NNPC Hits 1.8mbpd Oil Production, Eyes 2mbpd By Year End

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

Will Nigeria Prioritise Imports Or Support Local Refining?

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

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

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Elumelu Presses Tinubu on Power-Sector Debts

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

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

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 71

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