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Finance & Economy - Page 98

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

Business·Finance & Economy

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

As businesses across Nigeria struggle to survive, insecurity and high interest rates have been identified as major factors hampering their growth. This was revealed in a Central Bank of Nigeria (CBN) survey report. The CBN’s Business Expectation Survey, conducted between 15th and

August 25, 2024

Business·News·Oil & Gas

Oando Completes $783m Acquisition Of Agip Oil

Oando PLC has announced that it has successfully completed acquisition of 100% of the shareholding interest in the Nigerian Agip Oil Company (NAOC), from the Italian energy company, Eni. A statement signed by Ayotola Jagun, Oando Chief Compliance Officer and Company Secretary,

August 23, 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, 23rd 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 23, 2024

News·Oil & Gas

Adoption Of Local Content Policy Will Boost Africa’s Energy Security, Economic Development – NCDMB

Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has called on African countries to prioritise the adoption of local content policy for the oil and gas industry and other resources, stressing that it is veritable

August 22, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22nd August 2024

August 22, 2024

Ezekwesili Backs JAMB Sanctions Against Mmesoma Over UTME Result Forgery

News·Oil & Gas·Power

We Need Total Deregulation Of Petroleum Sector Not Only Subsidy Removal – Ezekwesili

Former Nigeria’s Minister of the Education, Dr Oby Ezekwesili, called for a complete deregulation of the country’s petroleum sector, insisting that removal of subsidies is not enough. She said that overtime, experience has shown that merely changing the prices of petroleum products

August 21, 2024

Business·News·Oil & Gas

Lagos Residents Grapple With Transport Challenges As Fuel Scarcity Lingers

Lagos residents are grappling with transport challenges due to lingering fuel scarcity which has forced many commercial vehicles off the road. Between 7:30am and 9:00 am on Wednesday, 21st August, Prime Business Africa observed that many commuters were stranded at different bus

August 21, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 21st August 2024

August 21, 2024

fuel scarcity stranded petrol tankers in Lagos

Business·News·Oil & Gas

Scarcity: Stranded Petrol Tankers Waiting For Supply Form Long Queue On Oshodi-Apapa Expressway

As petrol scarcity bites harder, tankers waiting to load petrol at depots in Apapa have formed a long queue along Oshodi-Apapa Expressway in Lagos, raising concerns about challenges of supply and safety as accidents could happen with petrol tankers queue on such

August 20, 2024

Business·News·Oil & Gas

NNPCL Reduces Stake In Dangote Refinery As It Repays 60% Of $1bn Loan

NNPCL Loan Repayment and Stake Reduction in Dangote Refinery The Nigerian National Petroleum Company Limited (NNPCL) has repaid 60 percent of the $1.036 billion loan it secured in September 2021 for its investment in the Dangote Petroleum Refinery and Petrochemicals Free Zone

August 20, 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 98

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

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

Oando Completes $783m Acquisition Of Agip Oil

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 23rd August 2024

Adoption Of Local Content Policy Will Boost Africa’s Energy Security, Economic Development – NCDMB

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22nd August 2024

We Need Total Deregulation Of Petroleum Sector Not Only Subsidy Removal – Ezekwesili

Lagos Residents Grapple With Transport Challenges As Fuel Scarcity Lingers

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 21st August 2024

Scarcity: Stranded Petrol Tankers Waiting For Supply Form Long Queue On Oshodi-Apapa Expressway

NNPCL Reduces Stake In Dangote Refinery As It Repays 60% Of $1bn Loan

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

Opinion: Why Afreximbank’s Break with Fitch Exposes a Deeper Rift

Political Heavyweights Visit El-Rufai, Call for Respect for Rule of Law

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

Ramadan Clash: Bashir Ahmad Urges INEC to Review 2027 General Election Dates

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 98

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