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Latest News in Nigeria - Page 5

Dangote Refinery Boosts U.S. Jet Fuel Supply As Demand Rises

Nigeria’s Dangote Refinery has increased jet fuel exports to the United States, helping to stabilise prices as demand reaches a two-year high. The 650,000 barrels-per-day (bpd) refinery, the largest in Africa, has emerged as a key supplier in the global market. By

March 25, 2025

5 Ways Fintech Users Can Protect Themselves From Growing Online Fraud

Business·Technology

Five Ways Fintech Users Can Protect Themselves From Growing Online Fraud

Online fraud is a growing concern for fintech users, businesses, and financial institutions. Cybercriminals are using sophisticated methods to steal personal and financial information. From phishing emails to data breaches, both individuals and companies face significant risks. Protecting sensitive data requires awareness

March 25, 2025

Business·Markets

Nigeria’s Stock Market Rises As Investors Target Undervalued Shares

Investor interest in the Nigerian stock market surged on Monday as many stocks reached attractive re-entry points. The Nigerian Exchange Limited (NGX) recorded a notable increase in buy-side activity after weeks of decline. After recent underperformance at the Lagos Bourse, investors are

March 25, 2025

6 Things To Know About FG’s New Mortgage Scheme For Middle, Low-Income Earners

Business·Real Estate

Six Things To Know About FG’s New Mortgage Scheme For Middle, Low-Income Earners

The Federal Government has introduced a new mortgage scheme aimed at providing affordable housing for middle and low-income earners in Nigeria. This initiative, managed by the Federal Mortgage Bank of Nigeria (FMBN), seeks to address the country’s housing deficit and ease the

March 24, 2025

5 Ways Dangote Crude Deal Suspension Could Affect Fuel Prices In Nigeria

Business·Oil & Gas

Five Ways Dangote Crude Deal Suspension Could Affect Fuel Prices In Nigeria

The recent suspension of Dangote Petroleum Refinery’s crude oil purchase deal in naira has raised concerns about the future of fuel prices in Nigeria. With the refinery now requiring payment in US dollars for its refined products, several economic implications could follow.

March 24, 2025

Business·Oil & Gas

FG Halts Naira-for-Crude Deal With Dangote, Fuel Price Fears Rise

The decision of the Federal Government (FG) to halt the supply of crude oil to the Dangote Refinery in naira has caused concerns among petroleum marketers, who now fear a potential hike in fuel prices. With the suspension of the Naira-for-crude arrangement,

March 24, 2025

Business·Markets

Naira vs Dollar: What To Expect This Week (24th-30th, March 2025)

The Naira continues to struggle against the Dollar, leaving many Nigerians wondering what will happen next. Last week, the black market rate for the Dollar ranged between N1580 and N1590, while the Central Bank of Nigeria (CBN) maintained a lower official rate,

March 24, 2025

Africa·Business

Full List: Youngest African Billionaires In 2025

Africa has long been home to billionaires who built their wealth in industries such as oil, mining, and real estate. However, a new wave of young billionaires is emerging, particularly in technology, fintech, and entertainment. These young billionaires are not only amassing

March 24, 2025

News

Fresh Explosion Hits Soku Oil Facility In Rivers State, Third In One Week

An explosion has hit the Soku oil facility in Akuku Toru Local Government Area of Rivers State. The blast, which occurred early Sunday morning, has raised fresh concerns about oil facility safety in the Niger Delta. The Youths and Environmental Advocacy Centre

March 23, 2025

Business·Markets

How Naira Is Becoming The Most Unpredictable Currency– BDC Operators

Bureau De Change (BDC) operators in Nigeria have raised concerns over the increasing unpredictability of the naira. They say the local currency is now one of the most unstable in the world due to economic instability, forex shortages, and government policies. The

March 23, 2025

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Latest News in Nigeria - Page 5

Dangote Refinery Boosts U.S. Jet Fuel Supply As Demand Rises

Five Ways Fintech Users Can Protect Themselves From Growing Online Fraud

Nigeria’s Stock Market Rises As Investors Target Undervalued Shares

Six Things To Know About FG’s New Mortgage Scheme For Middle, Low-Income Earners

Five Ways Dangote Crude Deal Suspension Could Affect Fuel Prices In Nigeria

FG Halts Naira-for-Crude Deal With Dangote, Fuel Price Fears Rise

Naira vs Dollar: What To Expect This Week (24th-30th, March 2025)

Full List: Youngest African Billionaires In 2025

Fresh Explosion Hits Soku Oil Facility In Rivers State, Third In One Week

How Naira Is Becoming The Most Unpredictable Currency– BDC Operators

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