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Finance & Economy - Page 80

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

Business·FEATURES·News·Oil & Gas

The Safety Of Using CNG: A Growing Concern After Benin Explosion

The Push for CNG Adoption in Nigeria As Nigeria continues its shift from petrol and diesel-powered vehicles to Compressed Natural Gas (CNG), a recent incident has thrown safety concerns into the spotlight. On Thursday, October 17, a tragic explosion occurred at a

October 18, 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, 18th 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 18, 2024

Global Oil Prices Rise To $73.05/ Barrel As Market Prepares For 2024 Outlook

Business·FEATURES·News·Oil & Gas

Fuel Prices Hike: A Double-Edged Sword For Economic Reform

Fuel Subsidy Removal: Economic Strategy or Crisis Catalyst? Nigeria’s removal of fuel subsidies is a major turning point in its economic strategy. With petrol prices now exceeding N1,000 per litre in many cities, the government claims this move is necessary for long-term

October 18, 2024

Oil & Gas

CNG Vehicle Explosion: FG Blames Faulty Cylinder, Warns Against Use Of Unaccredited Conversion Centres

The Federal Government has blamed the explosion of compressed natural gas (CNG) vehicle in Edo State on improperly welded Cylinder. The CNG-powered vehicle exploded at the NIPCO gas station in Aduwawa, along the Benin-Auchi highway, on Thursday, October 17, 2024, leaving many

October 17, 2024

Dangote Refinery, FCCPC Clash As NNPCL Insists On Importation Of Fuel

Business·News·Oil & Gas

NNPC Still Sole Off-taker For Dangote Petrol, Marketers Insist

NNPC Retains Control Despite Government Directive The Nigerian National Petroleum Company Limited (NNPC) remains the sole off-taker of Premium Motor Spirit (PMS) from the Dangote Petroleum Refinery, despite a recent directive by the Federal Government allowing other oil marketers to purchase directly

October 17, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 17th October 2024

October 17, 2024

Nigeria's petrol Import declines In October As Dangote Refinery boosts production

Business·News·Oil & Gas

Nigeria’s petrol Import declines As Dangote Refinery Boosts Production

The importation of petrol into Nigeria has seen a significant drop recently, marking a shift in the country’s fuel supply landscape. According to a report by S&P Global Commodity Insights, the first two weeks of October revealed a steep decline in petrol

October 17, 2024

Fuel Price Racketeering: Dangote Must Do More for Nigerians

Business·Oil & Gas·Opinion

NNPC, Dangote Refinery And The Politics Of Petrol Pricing: Where Are We?

The situation of things concerning the prices of premium motor spirit (PMS) popularly called petrol continues to be a subject of great concern to many Nigerians. This is particularly because Nigerians continue to expect a fall in the prices of petroleum products

October 16, 2024

Business·Finance & Economy·News

Nigerian Govt Yet To Address Real Drivers Of Inflation – CPPE

The Centre for the Promotion of Private Enterprise (CPPE) has expressed concerns over the surge in inflation rate in Nigeria after dropping for two months despite policy measures to tame it. In a statement, CPPE CEO, Dr Muda Yusuf, said the government

October 16, 2024

Business·Currency·Markets·News

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

October 16, 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 80

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

The Safety Of Using CNG: A Growing Concern After Benin Explosion

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 18th October 2024

Fuel Prices Hike: A Double-Edged Sword For Economic Reform

CNG Vehicle Explosion: FG Blames Faulty Cylinder, Warns Against Use Of Unaccredited Conversion Centres

NNPC Still Sole Off-taker For Dangote Petrol, Marketers Insist

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 17th October 2024

Nigeria’s petrol Import declines As Dangote Refinery Boosts Production

NNPC, Dangote Refinery And The Politics Of Petrol Pricing: Where Are We?

Nigerian Govt Yet To Address Real Drivers Of Inflation – CPPE

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th October 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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China to Scrap Tariffs for 53 African Countries from May 1, Excludes Eswatini

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