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Finance & Economy - Page 84

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

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 8th 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 8, 2024

Business·News·Oil & Gas·World News

Oil Prices Surge Amid Middle East Conflict Fears, Brent Crude Nears $80 Per Barrel

Oil Prices Rise on Middle East Tensions Global oil prices are climbing once again, driven by fears of escalating conflict in the Middle East. Brent crude, the global oil benchmark, inched closer to $80 per barrel on Monday, marking the continuation of

October 8, 2024

Business·News·Oil & Gas

NCDMB Highlights Positive Impacts Of Presidential Directives On Local Content In Nigeria’s Oil Gas Industry

The Nigerian Content Development and Monitoring Board (NCDMB) announced on Monday that it had eliminated middlemen from the oil and gas industry value chain and contributed to shortening the oil industry contracting cycle to six months, courtesy of the three Presidential Directives

October 8, 2024

NCDMBExecutiveSecretaryatbreakfastmeetingwithmediaexecutivesinLagos copy x

Business·News·Oil & Gas

Local Content Implementation Doesn’t Increase Crude Oil Production Costs – NCDMB Boss

Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has debunked claims that the implementation of local content policy increases the cost of crude oil production in Nigeria. Engr Ogbe explained that the major factors affecting the cost

October 8, 2024

Business·News·Oil & Gas

NNPCL Ends Sole Off-taker Role For Dangote Refinery, Fuel Marketers To Buy Directly

NNPCL No Longer the Sole Off-taker from Dangote Refinery The Nigerian National Petroleum Company Limited (NNPCL) has announced that it will no longer serve as the exclusive middleman between Dangote Refinery and fuel marketers. This shift in policy allows marketers to now

October 7, 2024

Business·Currency·Markets·News

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

October 7, 2024

Cooking Gas: The Fire Nigerians Can’t Afford To Keep Burning

Business·News·Oil & Gas

LCCI Commends Government’s VAT Exemptions On Diesel, Cooking Gas, Advocates For CNG Expansion

LCCI Supports VAT Exemption on Diesel and Cooking Gas The Lagos Chamber of Commerce and Industry (LCCI) has praised the federal government’s decision to exempt cooking gas and diesel from Value Added Tax (VAT). This move, according to the LCCI, will help

October 7, 2024

Dangote Refinery: Of Hopes, Drools And Jokes

Business·News·Oil & Gas

Dangote Refinery Set To Boost Nigeria’s Economy By Over $400bn In Six Years- Report

A report by Analysts Data Services and Resources (ADSR) Limited has predicted that the Dangote Refinery if operating optimally, will push Nigeria’s economy to $484.15 billion in the next six years. The multi-billion-dollar refinery, with a capacity of 650,000 barrels per day,

October 7, 2024

Business·Currency·Markets·News

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

October 6, 2024

Dangote Refinery: NNPC Boss Denies Owning Blending Plant In Malta

Business·FEATURES·News·Oil & Gas

Why Dangote Refinery Must Not Become Another Monopoly

Launching the Dangote Refinery and Petrochemicals is a milestone in Nigeria’s petroleum industry. After 10 years of development, this refinery promises to breathe new life into a sector plagued by inefficiencies, from dormant public refineries to expensive fuel imports and subsidies. The

October 6, 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 84

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

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 8th October 2024

Oil Prices Surge Amid Middle East Conflict Fears, Brent Crude Nears $80 Per Barrel

NCDMB Highlights Positive Impacts Of Presidential Directives On Local Content In Nigeria’s Oil Gas Industry

Local Content Implementation Doesn’t Increase Crude Oil Production Costs – NCDMB Boss

NNPCL Ends Sole Off-taker Role For Dangote Refinery, Fuel Marketers To Buy Directly

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

LCCI Commends Government’s VAT Exemptions On Diesel, Cooking Gas, Advocates For CNG Expansion

Dangote Refinery Set To Boost Nigeria’s Economy By Over $400bn In Six Years- Report

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

Why Dangote Refinery Must Not Become Another Monopoly

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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 84

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