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Finance & Economy - Page 87

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

Kaduna Refinery: The Role Of Local Refining In Nigeria's Fuel Economy

Business·FEATURES·News·Oil & Gas

#Nigeria@64: Naira-for-Crude Deal Kicks Off Tuesday, Govt Set To Save Over $7bn

Nigeria is on the verge of a significant transformation in its energy sector with the launch of the Naira-for-Crude deal. The Federal Government’s plan to begin selling crude oil in naira to domestic refineries, including the Dangote Refinery, will start on October

October 1, 2024

Insecurity, High Interest Rate Hamper Business Activities In Nigeria - Report

FEATURES·Finance & Economy

Nigeria At 64: We’re Celebrating Unprecedented Hunger – Citizens Lament

As Nigeria celebrates her 64th independence anniversary, there is a mixed bag of feelings across the country. On the side of the government at different levels, it is about highlighting what has been achieved over the decades since the country got political

October 1, 2024

Dangote Refinery Reduces Ex-depot Price Of Diesel To ₦1,020 Per Litre

Business·News·Oil & Gas

Dangote To Transport Refined Products By Sea

The Dangote Group has announced plans to start transporting refined petroleum products by sea. This development aims to ease road congestion and facilitate smoother export operations to other African countries. In a statement on Sunday, the Senior Adviser to the Group President

September 30, 2024

Nigeria Needs Improved Security, Investment To Achieve Over 2 mbpd Crude Oil Production – Report

Business·News·Oil & Gas

Over 7m Barrels Of Crude Oil Stolen From Nigeria In 2023, NEITI Reports

Crude Oil Losses Fall Dramatically in 2023 Nigeria’s crude oil theft has seen a significant drop, according to the Nigeria Extractive Industries Transparency Initiative (NEITI). The latest report, covering 2022 and 2023, reveals that about 7.68 million barrels of crude oil were

September 30, 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, 30th 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 30, 2024

Business·News·Oil & Gas

Why 3 Million Barrels Of Oil Production Daily Is Achievable – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) is confident that Nigeria can reach a daily crude oil production level of 3 million barrels. Mr. Olufemi Soneye, the Chief Corporate Communications Officer of NNPCL, shared this view during a Stakeholders Engagement Session with

September 29, 2024

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

Business·Currency·Markets

Naira Further Appreciates, Ends Week On Good Note

The Nigerian naira further appreciated at the official market on Friday, ending the week on a positive note. According to the Nigeria Autonomous Foreign Exchange Market (NAFEM) data published on the FMDQ Securities and Exchange platform, the naira exchanged ₦1540.78 per dollar

September 28, 2024

Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 28th September 2024

September 28, 2024

Why NNPC Is Facing Challenges Meeting Crude Supply Demands To Dangote Refinery- PENGASSAN

Business·News·Oil & Gas

Why NNPCL Can’t Meet Crude Supply Demands To Dangote Refinery- PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has disclosed why the Nigerian National Petroleum Company (NNPC) Limited is facing difficulties in supplying crude oil to the Dangote Refinery. The revelation was made by PENGASSAN President, Festus Osifo, during

September 27, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 27th September 2024

September 27, 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 87

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

#Nigeria@64: Naira-for-Crude Deal Kicks Off Tuesday, Govt Set To Save Over $7bn

Nigeria At 64: We’re Celebrating Unprecedented Hunger – Citizens Lament

Dangote To Transport Refined Products By Sea

Over 7m Barrels Of Crude Oil Stolen From Nigeria In 2023, NEITI Reports

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

Why 3 Million Barrels Of Oil Production Daily Is Achievable – NNPCL

Naira Further Appreciates, Ends Week On Good Note

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 28th September 2024

Why NNPCL Can’t Meet Crude Supply Demands To Dangote Refinery- PENGASSAN

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 27th September 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

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 87

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