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Latest News in Nigeria - Page 51

Port Harcourt Refinery Rehabilitation Is over 90% completed — NNPCL Confirms

The Nigeria National Petroleum Company Limited (NNPCL) has announced that the New Port Harcourt Refinery (NPHR) is over 90% complete, with expectations to boost Nigeria’s local refining capacity. This update was shared by Mele Kyari, the Group Chief Executive Officer (GCEO) of

December 10, 2024

Business·News·Oil & Gas

Equinor Ends Operation In Nigeria After 30 Years, Sells $2bn Asset

Equinor has completed the sale of its stakes in Nigeria and Azerbaijan for a total of up to $2 billion. This move ends the Norwegian energy company’s 30-year presence in both countries as it seeks to streamline its global operations. The company

December 9, 2024

4 Reasons For 'Magic' Recovery Of The Naira

Business·Markets·News

4 Reasons For Naira’s ‘Magic’ Recovery

The naira’s recent “magic” recovery from N1700 to N1500 per dollar in less than two days has sparked widespread discussion. For months, Nigerians have witnessed a steady decline in the value of the naira, leading to increased inflation and higher costs of

December 9, 2024

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Markets·News

Nigerian Stock Market Records N319bn Gain In 1 Week As 51 Stocks Rise

The Nigerian stock market witnessed a notable turnaround last week, recording a N319 billion gain after weeks of mixed performances. The All-Share Index (ASI) increased by 0.72% to close at 98,210.75 points, while the total market capitalisation hit N59.534 trillion, signaling renewed

December 9, 2024

Business·News

How Foreign Investments In Telecoms Drop By $99m – NBS

Foreign investments in Nigeria’s telecommunications sector fell sharply to $14.4 million in the third quarter of 2024, representing an 87% drop from the $113.42 million recorded in Q2 2024. This sharp decline was revealed in the latest Capital Importation Report released by

December 9, 2024

15 Interesting Facts To Know About Ghana President-elect John Mahama

Africa·News·Top Stories·World News

15 Interesting Facts To Know About Ghana’s President-elect, John Mahama

John Dramani Mahama has been declared the winner of Ghana’s recent presidential election, marking his return to the highest office in the country. His victory has drawn attention from across the world due to the high-profile nature of the contest. Vice President

December 9, 2024

Strong Participation In Stock Trading Pushes Nigeria’s FPI To N1.81trn In July 2025

Business·News·Top Stories

Cash Scarcity: Nigerians Decry Hardship As Banks Limit Withdrawals

In Nigeria, cash is more than a means of payment, it is a lifeline. It fuels daily transactions, from purchasing groceries to paying for transport. Yet, a cloud of uncertainty hangs over the nation’s financial system as cash scarcity continues to frustrate

December 9, 2024

Business·Markets·News

Nigerian Stock Market Grows By 31.34%, Ranks Among Africa’s Top Four Exchanges

The Nigerian stock market has recorded a 31.34% Year-to-Date (YtD) growth as of December 6, 2024, placing it among Africa’s top four performing exchanges. This growth comes despite economic challenges like inflation and forex instability. According to a recent market analysis, Nigeria’s

December 8, 2024

Made-in-Nigeria: Why Nigerians Must Drop Cultural Preference For Foreign Goods – Nigerian Govt

Business·News·Top Stories

Why Nigerians Must Drop Cultural Preference For Foreign Goods – Fed Govt

The Nigerian government has called on citizens to prioritise Made-in-Nigeria products over imported goods as part of efforts to strengthen the economy. Secretary to the Government of the Federation (SGF), George Akume, made the appeal during a meeting of regional and state

December 8, 2024

Interesting Fact About Chris Wright, Trump’s Pick For Energy Secretary

News·Top Stories·World News

Interesting Facts About Chris Wright, Trump’s Pick For Energy Secretary

Donald Trump’s decision to nominate Chris Wright as the next U.S. Energy Secretary has sparked widespread debate. Wright, the CEO of Liberty Energy, is a prominent advocate for fossil fuels and a strong critic of climate change policies. But beyond his industry

December 8, 2024

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Latest News in Nigeria - Page 51

Port Harcourt Refinery Rehabilitation Is over 90% completed — NNPCL Confirms

Equinor Ends Operation In Nigeria After 30 Years, Sells $2bn Asset

4 Reasons For Naira’s ‘Magic’ Recovery

Nigerian Stock Market Records N319bn Gain In 1 Week As 51 Stocks Rise

How Foreign Investments In Telecoms Drop By $99m – NBS

15 Interesting Facts To Know About Ghana’s President-elect, John Mahama

Cash Scarcity: Nigerians Decry Hardship As Banks Limit Withdrawals

Nigerian Stock Market Grows By 31.34%, Ranks Among Africa’s Top Four Exchanges

Why Nigerians Must Drop Cultural Preference For Foreign Goods – Fed Govt

Interesting Facts About Chris Wright, Trump’s Pick For Energy Secretary

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