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Finance & Economy - Page 85

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

President Tinubu has nominated new chief executives for Nigeria’s petroleum regulatory agencies following the resignation of the heads of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), developments that come amid intense controversy

December 18, 2025

How Nigeria’s External Reserves Rose By 5.6% To $38.8bn In 2024 — CBN

Finance & Economy·News

CBN To Hold 297th MPC Meeting Next Week

The Central Bank of Nigeria (CBN) has announced that its 297th Monetary Policy Committee (MPC) meeting will hold on Monday, 23 and Tuesday, 24 September 2024. The MPC meeting will be held at the CBN Headquarters Abuja. This was made known in

September 18, 2024

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

Business·Currency

Naira Crashes Against Dollar As Official Exchange Rate Rises To N1,656

The naira on Tuesday, 17th September recorded a significant drop against the United States Dollar as exchange rate rose to N1,656.49 at the official foreign exchange market. This is according to the Nigeria Autonomous Foreign Exchange Market (NAFEM) data published on the

September 18, 2024

Startup

9 Affordable Telemedicine Startups Changing the Game in Nigeria

Let’s be honest, finding good healthcare in Nigeria can be a real hassle. Long queues, expensive consultations, and those awkward hospital visits that make you wish you could just speak to a doctor from the comfort of your home, right? Well, guess

September 18, 2024

Business·FEATURES·News·Oil & Gas

Nigeria’s Oil Sector: A Crisis Of Leadership, Corruption, Poor Governance

The oil sector has long been Nigeria’s economic lifeblood, contributing the bulk of its foreign exchange earnings and government revenue. Yet, despite the nation’s immense crude oil reserves, the industry is riddled with corruption, mismanagement, and leadership failures. The result is a

September 18, 2024

Business·Currency·Markets·News

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

September 18, 2024

FEATURES·Finance & Economy

10 States With Lowest Cost Of Living In Nigeria

As Nigeria battles inflationary pressure on the economy and the impact on cost of living, there are states that have relatively lower cost of living than others. Inflation, which is the persistent rise in prices of goods and services, determines the level

September 17, 2024

Business·News·Oil & Gas

Crude-for-Naira Deal To Ease Fuel Prices, Availability From October 1- NECA

Crude-for-Naira Deal to Start from October 1 The Crude-for-Naira initiative, set to begin on October 1, 2024, has generated wide reactions across Nigeria, with key industry players expressing optimism. The agreement struck between the Nigerian National Petroleum Company Limited (NNPCL) and Dangote

September 17, 2024

Business·News·Oil & Gas

Dangote Refinery Targets 100% Evacuation Of Products Through Sea

To address issues associated with logistics, Dangote Petrochemical Refinery has built a facility that enables evacuation of up to 75 per cent of petroleum products from the refinery through sea. Vice President, Dangote Industries Limited, Mr. Devakumar Edwin, disclosed this on Sunday

September 16, 2024

Business·Finance & Economy·News

Nigeria’s Inflation Rate Further Drops To 32.15%

Nigeria’s headline inflation rate has further dropped to 32.15 per cent in August 2024 against 33.40 per cent in July 2024. This reflects a decrease of 1.25 per cent point, according to the latest National Bureau of Statistics (NBS) Consumer Price Index

September 16, 2024

Understanding the Importance of Budgeting

Business·News·Personal Finance

Understanding Why Budgeting Is Essential For Financial Planning

By Elsie Udoh Ever heard of the 50-30-20 rule? Well, it’s a straightforward budgeting method that states that you should spend up to 50% of your after-tax income on essential needs that you can’t live without. Then, 30% is set aside for

September 16, 2024

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

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Finance & Economy - Page 85

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

CBN To Hold 297th MPC Meeting Next Week

Naira Crashes Against Dollar As Official Exchange Rate Rises To N1,656

9 Affordable Telemedicine Startups Changing the Game in Nigeria

Nigeria’s Oil Sector: A Crisis Of Leadership, Corruption, Poor Governance

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

10 States With Lowest Cost Of Living In Nigeria

Crude-for-Naira Deal To Ease Fuel Prices, Availability From October 1- NECA

Dangote Refinery Targets 100% Evacuation Of Products Through Sea

Nigeria’s Inflation Rate Further Drops To 32.15%

Understanding Why Budgeting Is Essential For Financial Planning

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