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Finance & Economy - Page 82

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

Nigeria Now Leading Cement Exporter In Africa – Dangote

Business·News·Oil & Gas

Dangote Refinery To Begin Crude Oil Production Soon

Dangote Refinery to Start Oil Production in Q4 2024 The Dangote Refinery, West Africa’s largest, is set to begin crude oil production by the fourth quarter of 2024, according to a recent report by S&P Global Commodity Insights. This significant milestone comes

October 12, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 12th 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 12, 2024

Business·News·Oil & Gas

NNPCL Lacks Power To Fix Petroleum Prices, Says Falana

Human rights lawyer, Femi Falana, has criticised the Nigerian National Petroleum Company Limited (NNPCL) for setting petroleum prices, arguing that the practice is illegal according to the law that governs the company. Falana made this claim in response to NNPCL’s recent announcement

October 11, 2024

Business·News·Oil & Gas

PMS Market Deregulation Will Boost Supply – Edun

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has officially confirmed the full deregulation of the market structure for Premium Motor Spirit (PMS) also known as petrol. Mr Edun assured that the new market structure for PMS

October 11, 2024

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

Business·Markets·Oil & Gas

Nigerian Govt Permits Marketers To Lift Petrol Directly From Dangote Refinery

In a significant shift for Nigeria’s petroleum industry, the Federal Government has approved a new system that allows petroleum marketers to lift petrol directly from the Dangote Refinery. This change bypasses the Nigerian National Petroleum Company Limited (NNPCL), marking a move towards

October 11, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 11th October 2024

October 11, 2024

Barely 48 Hours After Petrol Price Hike; Food, Transportation Prices Remain Unchanged

Business·FEATURES·News·Oil & Gas

48 Hours After Petrol Price Hike: Food, Transport Costs Remain Unchanged

Petrol Price Hike Sparks Concern, but Lagos Transport and Food Prices Stay Unchanged In the wake of the latest petrol price hike by the Nigerian National Petroleum Company Limited (NNPCL) to N1,000 and N1,030 per litre, up from N897 and N900, Nigerians

October 11, 2024

Business·News·Oil & Gas

Atiku Slams Tinubu Over Hardship, Labels Him ‘T-Pain’

Former Vice President Atiku Abubakar has strongly criticised President Bola Tinubu for the ongoing economic hardship that Nigerians are facing, particularly due to the rise in fuel price. Atiku, who was the 2023 presidential candidate for the People’s Democratic Party (PDP), took

October 11, 2024

Business·FEATURES·Oil & Gas

Cost Of Living Worsens As New Petrol Price Hits Hard On Nigerians

There are concerns that the latest hike in pump price of Premium Motor Spirit (PMS) also known as petrol would further aggravate the cost of living crisis in Nigeria. Nigerians woke up on Wednesday, 9th October 2024 to the shocking news of

October 10, 2024

NNPCL Denies Inflating Fuel Subsidy Payments

Business·News·Oil & Gas

NNPCL Faces Criticism Over Selling Fuel To Marketers At N1,010

NNPCL Fuel Prices Ignite Controversy The Nigerian National Petroleum Company Limited (NNPCL) has come under fire for asking independent oil marketers to purchase fuel at higher prices than what it paid for the product from the Dangote Refinery. Marketers are now calling

October 10, 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 82

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

Dangote Refinery To Begin Crude Oil Production Soon

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 12th October 2024

NNPCL Lacks Power To Fix Petroleum Prices, Says Falana

PMS Market Deregulation Will Boost Supply – Edun

Nigerian Govt Permits Marketers To Lift Petrol Directly From Dangote Refinery

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 11th October 2024

48 Hours After Petrol Price Hike: Food, Transport Costs Remain Unchanged

Atiku Slams Tinubu Over Hardship, Labels Him ‘T-Pain’

Cost Of Living Worsens As New Petrol Price Hits Hard On Nigerians

NNPCL Faces Criticism Over Selling Fuel To Marketers At N1,010

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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

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

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Finance & Economy - Page 82

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