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Finance & Economy - Page 96

Venezuela Says U.S. Oil Sales Proceed Commercially as Revenues Climb Into Billions

Venezuela’s interim president, Delcy Rodríguez, has defended recent crude oil sales to the United States as strictly commercial transactions conducted through the state oil company, Petróleos de Venezuela, S.A. (PDVSA), insisting that pricing mechanisms follow international norms and that proceeds are being

February 13, 2026

Nigerian Govt Spends More On Debt Servicing Than Capital Expenditure, Personnel Costs, In Q1 2024

Finance & Economy·News

How Nigerian Govt Can Raise $50bn To Tackle Debt Burden – Expert

Chief Executive Officer of CFG Advisory, Tilewa Adebajo, has stated that the Nigerian government can raise $50 billion through sale of assets, reduce its debt burden. He warned that if the federal government does not take drastic measures to address the debt

August 31, 2024

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Business·Currency·Markets·News

Naira Ends August Negative, Loses N28.56 At Official Market Despite CBN Intervention

Nigerian currency, the naira, closed the month of August on a negative note in the foreign exchange market as it recorded a loss of N28.56 at the official market. According to data from the FMDQ Securities and Exchange, the official trading platform

August 31, 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 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 black market, especially the Aboki fx as

August 30, 2024

Labour·News

NLC President Vows To Continue Struggle For Nigerian Workers’ Welfare

President of the Nigerian Labour Congress (NLC), Joe Ajaero, has said the labour union would continue the struggle for the welfare of the Nigerian workers. Ajero stated this when he returned to the Labour House after honouring police invitation on Thursday. He

August 29, 2024

Business·News·Oil & Gas

Nigerians Groan As Price Of Cooking Gas Rises 16.7% To N1,400/kg In 1 Month

The price of Liquefied Petroleum Gas (LPG), also known as cooking gas, has risen to N1,400 per kilogram (Kg) this month, reflecting 16.7 per cent, month-on-month increase from N1,200 in July. Prime Business Africa’s checks revealed that 5kg has risen to N7,000

August 29, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 29th August 2024

August 29, 2024

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business·Currency·Markets

Naira Drops To N1606 Per Dollar, Lowest In 3 Weeks At Official Market

After weeks of intense monetary policy actions to stabilize the value of the naira, the local currency on Wednesday, 28 August dropped to ₦1606.56 per dollar. This is the lowest in three weeks. The last time the exchange rate exceeded the N1600

August 29, 2024

Business·Currency·Markets·News

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

August 28, 2024

Business·News·Oil & Gas

NNPCL Would Be Mini Aramco Today If Set Up Like NLNG – Expert

Financial analyst and educator, Kalu Aja, has asserted that the Nigeria National Petroleum Company Limited (NNPCL) could have become at least a mini ARAMCO if it was set up like the Nigeria Liquefied Natural Gas (NLNG) Limited. Aramco is the Saudi Arabian

August 27, 2024

Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Business·News·Oil & Gas

Nigeria’s Crude Oil Production Declines To 1.4mbpd In Q2 – NBS

NBS Report Highlights Drop in Crude Oil Production The Nigeria Bureau of Statistics (NBS) has released its quarterly Gross Domestic Product (GDP) report for 2024, revealing a decline in Nigeria’s crude oil production. According to the report, the average daily crude oil

August 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 96

Venezuela Says U.S. Oil Sales Proceed Commercially as Revenues Climb Into Billions

How Nigerian Govt Can Raise $50bn To Tackle Debt Burden – Expert

Naira Ends August Negative, Loses N28.56 At Official Market Despite CBN Intervention

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

NLC President Vows To Continue Struggle For Nigerian Workers’ Welfare

Nigerians Groan As Price Of Cooking Gas Rises 16.7% To N1,400/kg In 1 Month

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 29th August 2024

Naira Drops To N1606 Per Dollar, Lowest In 3 Weeks At Official Market

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

NNPCL Would Be Mini Aramco Today If Set Up Like NLNG – Expert

Nigeria’s Crude Oil Production Declines To 1.4mbpd In Q2 – NBS

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Senate U-Turn or Smoke Screen? Loopholes in Electoral Reform Persist

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U.S. Energy Secretary Wright Visits Caracas to Boost Venezuela Energy Ties

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Chinese Embassy Denies U.S. Allegations of Illegal Mining, Terror Funding in Nigeria

Dollar Rate Drops To N1,404/$ In Black Market, Rises To N1,355/$ In Official Window

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NGX Market Cap Rises By N2.36trn To N117trn

Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Behind the Geregu Power Sale: Politics and a $750m Deal

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

Chinese Embassy Denies U.S. Allegations of Illegal Mining, Terror Funding in Nigeria

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Finance & Economy - Page 96

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