Finance & Economy - Page 96

Vessels Discharge Hitches Causing Fuel Scarcity – NNPC

Fuel Scarcity: NNPCL Explains Lagos Fuel Queues As “Brief Distribution Issue”

Long queues at filling stations in Lagos State have sparked concerns among residents, leading to speculation about a potential fuel scarcity. However, the Nigerian National Petroleum Company Limited (NNPCL) has moved to

Emmanuel Ochayi

February 6, 2024

Naira vs Dollar: What To Expect This Week

Business·Currency

Naira Weakens At Parallel Market, Appreciates To N1,419/$1 At Official Window

Nigerian Naira on Monday showed resilience at the official forex window, appreciating by 1.09% to close at N1,419.86/$.

Emmanuel Ochayi

February 6, 2024

Oil & Gas·World News

U.S. Shale Oil Boom Faces Uncertain Future As Global Dynamics Shift

In the aftermath of the Red Sea crisis and Saudi Arabia halting oil production expansion, questions arise about the sustainability of the U.S. shale oil boom. Last year’s unexpected production surge, fueled

Emmanuel Ochayi

February 5, 2024

Business·Currency

NAFEM: How Dollar Supply Rose By 180% As Banks Sell $440m

The official foreign exchange market witnessed a staggering 180.59% increase in dollar supply, soaring to $440.13 million on Friday. The naira’s closing rate at N1435.53/$ marked the end of a tumultuous week,

Emmanuel Ochayi

February 5, 2024

News·Oil & Gas

NNPCL Unveils 36 Oil Block Concessions With Global, Local Partners

The Nigerian National Petroleum Company Limited (NNPCL) has disclosed the concession of 36 oil blocks to international and indigenous oil companies. According to the NNPCL’s latest financial statements, these concessions span deepwater,

Emmanuel Ochayi

February 4, 2024

Business·Oil & Gas

NNPCL Targets Q1 2024 For Completion Of Warri Refinery Rehabilitation

NNPCL has revealed that it is on track to complete mechanical phase rehabilitation of the Warri Refining and Petrochemical Company (WRPC) in the first quarter of 2024.

Victor Ezeja

February 3, 2024

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

Business·Currency·News

CBN Denies Plans To Convert $30bn Domiciliary Deposits To Naira

The Central Bank of Nigeria (CBN) has denied planning to convert $30 billion deposits in domiciliary accounts in the country to naira. A report in one of the media outlets on Saturday

Victor Ezeja

February 3, 2024

CBN Directs IMTOs To Use I&E Window Rate To Convert Diaspora Remittances

Business·Currency

Why CBN Fixed $1m As Capital Requirements For International Money Transfer Operators

Central Bank of Nigeria (CBN) has set the bar high for International Money Transfer Operators (IMTOs) with a fixed minimum share capital requirement of $1 million.

Emmanuel Ochayi

February 3, 2024

CBN Reforms Yielding Positive Returns As FX Transactions Surge To $800m, CBN Gov Assert

Business·Finance & Economy·News

How Currency In Circulation Surged By N890bn In 3 Months Under Cardoso

Nigeria has witnessed a surge in currency in circulation (CIC), with an increase of N890 billion within the short span of three months under the leadership of Governor Cardoso at the Central

Emmanuel Ochayi

February 2, 2024

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Finance & Economy

Naira Depreciation: ‘CBN’s New Measure Will Ease Forex Pressure’

Economic analysts have expressed optimism that the latest policy measures issued by the Central Bank of Nigeria will have a positive impact on the foreign exchange market and the economy in general.

Victor Ezeja

February 1, 2024

Previous 1 … 94 95 96 97 98 … 302 Next

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

Finance & Economy - Page 96

Fuel Scarcity: NNPCL Explains Lagos Fuel Queues As “Brief Distribution Issue”

Naira Weakens At Parallel Market, Appreciates To N1,419/$1 At Official Window

U.S. Shale Oil Boom Faces Uncertain Future As Global Dynamics Shift

NAFEM: How Dollar Supply Rose By 180% As Banks Sell $440m

NNPCL Unveils 36 Oil Block Concessions With Global, Local Partners

NNPCL Targets Q1 2024 For Completion Of Warri Refinery Rehabilitation

CBN Denies Plans To Convert $30bn Domiciliary Deposits To Naira

Why CBN Fixed $1m As Capital Requirements For International Money Transfer Operators

How Currency In Circulation Surged By N890bn In 3 Months Under Cardoso

Naira Depreciation: ‘CBN’s New Measure Will Ease Forex Pressure’

Featured Stories

Fuel Subsidy: World Bank Must Allow Africa’s Poor Breathe [Editorial]

Northern Governors’ Shift On State Police Raises Questions

IMF Warning: What Nigeria Must Do To Take Control Of Its Economy

Crude Oil Price Drop Below $60 Heightens Concerns For Weaker Naira, Wider Budget Deficit

Latest News

Tinubu In Rome For Pope Leo XIV’s Inauguration

FA Cup: Eze Shines, Crystal Palace Pip Man City To Qualify For Europa

Kwankwaso Denies Concluding Plans To Join APC

I Remain Obidient, Peter Obi Supporter – Amb. Obaze

APC Campaign Council

Categories

Suggestions

Finance & Economy - Page 96

Follow Us

Featured Stories

Latest News

APC Campaign Council

Categories