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Finance & Economy - Page 94

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

Real Estate

Ashimolowo Regrets Shunning Banana Island Plots 20 Years Ago

President of the Kingsway International Christian Centre, Pastor Matthew Ashimolowo, has expressed regrets over investing in bank shares as opposed to buying plots of land at Banana Island 20 years ago. Ashimolowo told Nigerians to learn from his bitter experience about investment

August 20, 2024

Nigerian Govt Gives Date For Beginning Naira Crude Sales To Dangote Refinery Others

Business·News·Oil & Gas

Nigerian Govt To begin Crude Sales In Naira To Dangote Refinery, Others In October

The Nigerian government has said sales of crude oil in naira to Dangote Refinery and others will begin in October this year. Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, on Monday, presided over a meeting of the

August 19, 2024

NNPC Seeks New $2 Billion Oil-Backed Loan To Boost Finances

Business·News·Oil & Gas

Fuel Crisis: NNPCL’s Promises Fail To Ease Black Market Surge

Black Market Thrives Amid Fuel Scarcity The Nigerian National Petroleum Company Limited (NNPCL) promised to end the queues for Premium Motor Spirit (PMS), commonly known as petrol, by mid-week. However, the black market for PMS thrived on Sunday as the scarcity persisted.

August 19, 2024

CPPE Highlights Why Nigerian Govt Should Review Customs FX Rate For Cargo Clearance

Business·Finance & Economy

CPPE Highlights Why Nigerian Govt Should Review Customs Exchange Rate For Cargo Clearance

Centre for the Promotion of Private Enterprise (CPPE), has expressed concern about challenges posed by prohibitive and volatile Customs exchange rate for cargo clearance in Nigeria. The Centre stated that the high and unpredictable Customs duty has a grave negative impact on

August 19, 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, 19th August 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 the black market, especially the Aboki fx

August 19, 2024

Business·News·Oil & Gas

NNPCL Opens Up On Allegations Of $6.8bn Debt, Remittances To Federation Account

The Nigeria National Petroleum Company Limited (NNPCL) has denied allegations that it is owing international oil traders about $6.8 billion. The national oil company also said it is not true that it has not remitted revenues to the Federation Account since January

August 19, 2024

Business·Currency·Markets·News

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

August 18, 2024

News·Oil & Gas

Minister Of Power Hails Savannah’s Investment In Nigeria’s Energy Sector

Minister of Power, Adebayo Adelabu, has applauded Savannah Energy, the British independent energy company ,for its investment in Nigeria’s energy sector, as well as its contribution to the growth of the domestic gas market to support national development. The Minister made the

August 17, 2024

Business·News·Oil & Gas

Matrix Energy Counters Claim Of Importing Substandard Petrol, Diesel

Matrix Energy Group has said its products have always complied with approved specifications, refuting allegations that it imports substandard petroleum products into Nigeria. The indigenous oil marketing company said it has been importing petroleum products for more than two decades and none

August 17, 2024

Business·Currency·Markets·News

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

August 17, 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 94

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

Ashimolowo Regrets Shunning Banana Island Plots 20 Years Ago

Nigerian Govt To begin Crude Sales In Naira To Dangote Refinery, Others In October

Fuel Crisis: NNPCL’s Promises Fail To Ease Black Market Surge

CPPE Highlights Why Nigerian Govt Should Review Customs Exchange Rate For Cargo Clearance

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 19th August 2024

NNPCL Opens Up On Allegations Of $6.8bn Debt, Remittances To Federation Account

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

Minister Of Power Hails Savannah’s Investment In Nigeria’s Energy Sector

Matrix Energy Counters Claim Of Importing Substandard Petrol, Diesel

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

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