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Finance & Economy - Page 76

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

Tinubu’s Choice: Fuel The Nation’s Suffering Or Convert To Costly Compressed Gas?

Business·FEATURES·News·Oil & Gas

Tinubu’s Choice: Fuel The Nation’s Suffering Or Convert To CNG?

Tinubu’s Devil’s Alternative to Fuel In a meeting with petroleum marketers on October 22, President Bola Tinubu offered Nigerians what some call an unthinkable choice: either buy fuel at a staggering N1000 per litre or use compressed natural gas (CNG) at N200

November 1, 2024

Oil Marketers Demand Clearer Path To Buy from Dangote Refinery As Petrol Price Keeps Rising

Business·News·Oil & Gas

Oil Marketers Demand Clearer Path To Buy from Dangote Refinery As Petrol Price Soars

Oil Marketers Push for Direct Purchase from Dangote Refinery In a bid to address Nigeria’s reliance on imported fuel, oil marketers are pressing for a direct business relationship with the Dangote Refinery, Africa’s largest refinery. They expressed frustration over the refinery’s apparent

October 31, 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, 31st October 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

October 31, 2024

IPMAN Counters Dangote On PMS Supply Says Marketers Unable To Lift Product Directly

Business·Oil & Gas

IPMAN Counters Dangote On Petrol Supply, Says Marketers Unable To Lift Product Directly

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said its members are yet unable to lift petroleum products directly from Dangote Refinery, affecting access and distribution across the country. IPMAN President, Abubakar Maigandi, who made this known in an interview on

October 30, 2024

Nigeria’s Fuel Crisis: A Price On Pain As Petrol Prices, Scarcity Crush Ordinary Citizens

Business·FEATURES·News·Oil & Gas

Nigeria’s Fuel Crisis: Pain As Petrol Prices, Scarcity Impact Citizens

Rising Petrol Prices: Commuters Bear the Brunt In Nigeria, fuel prices have long been a sensitive issue, deeply impacting daily life for millions. The latest hike in petrol prices, announced by the Nigerian National Petroleum Corporation Limited (NNPCL), has left Nigerians grappling

October 30, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 30th October 2024

October 30, 2024

Nigerians Groan As NNPCL Again Increases Pump Price of Petrol

Business·News·Oil & Gas

Again, NNPCL Increases Petrol Price As Nigerians Groan

Nigerians have reacted to the latest increase in pump price of Premium Motor Spirit (PMS) also know as petrol. The Nigerian National Petroleum Company Limited (NNPCL) on Tuesday, 29th October increased the pump price of petrol in Lagos from ₦998 to ₦1,025

October 30, 2024

Finance & Economy·News

10 Nigerian States With Highest IGR In 2023

Internally Generated Revenue (IGR) is a vital component of state finances in Nigeria representing the funds that they generate independent of federal allocations that come monthly. The level of IGR of a state to a large extent determines the financial viability of

October 29, 2024

Dangote Expands Fertiliser Exports, Targets $7m Daily

News·Oil & Gas

NNPC, Independent Marketers Responsible For Fuel Queues, Says Dangote

President of the Dangote Refinery and Chief Executive Dangote Group of Companies, Aliko Dangote, has opened up on how make queues disappear at filling stations across the country. He said the magic will happen when oil marketers start patronising his refinery, thus

October 29, 2024

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

Business·Currency·Markets·News

Naira Opens Week On A Negative Note

The naira recorded a significant decline in value as it exchanged ₦1,670.65 per dollar at the close of trading on Monday, 28th October. According to data released by the Nigerian Autonomous Foreign Exchange Market (NAFEM), this shows ₦70.65 loss or 4.42 per

October 29, 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 76

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

Tinubu’s Choice: Fuel The Nation’s Suffering Or Convert To CNG?

Oil Marketers Demand Clearer Path To Buy from Dangote Refinery As Petrol Price Soars

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 31st October 2024

IPMAN Counters Dangote On Petrol Supply, Says Marketers Unable To Lift Product Directly

Nigeria’s Fuel Crisis: Pain As Petrol Prices, Scarcity Impact Citizens

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 30th October 2024

Again, NNPCL Increases Petrol Price As Nigerians Groan

10 Nigerian States With Highest IGR In 2023

NNPC, Independent Marketers Responsible For Fuel Queues, Says Dangote

Naira Opens Week On A Negative Note

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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 76

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