Business - Page 10

Africa Energy Bank Set For Launch In 1st Quarter, Eyes $120bn Asset Base

The Africa Energy Bank will begin operations in the first quarter of 2025 with $5 billion in equity from member countries and shareholders, and targets an asset base of $120 billion. Nigeria’s

Victor Ezeja

3 weeks ago

Customs FX Rate For Import Duties Drops Again To N1,147/$

Business·Latest News

Nigeria’s Customs Suspends 4% FOB Charge After Talks With Business Leaders

Nigeria’s Customs Service has decided to put a hold on the proposed 4% charge on imported goods. The decision came after discussions with Finance Minister Olawale Edun and business leaders who expressed

Emmanuel Ochayi

3 weeks ago

SERAP Urges Tinubu To Suspend ATM Fee Increase Amid Legal Challenge

Business·Finance & Economy·Latest News

CBN Announces New ATM Transaction Fees Effective March 1, Sparks Outrage Among Nigerians

The Central Bank of Nigeria (CBN) has announced new charges for Automated Teller Machine (ATM) transactions, set to take effect from March 1, 2025. The revised charges will affect cash withdrawals across

Emmanuel Ochayi

3 weeks ago

Business·Latest News·Oil & Gas

Dangote Refinery Reduces Ex-depot Price Of Diesel To ₦1,020 Per Litre

Dangote Petroleum Refinery has announced a reduction in the price of its diesel to ₦1,020 per litre from ₦1,075 at the gantry. This is ₦55 drop in the ex-depot price of diesel.

Victor Ezeja

3 weeks ago

Agro-Economy·Business·Latest News

Nestle Invests Over ₦1.8bn in Dairy Development, Unveils Demonstration Farm

Nestlé Nigeria has launched a dairy demonstration farm in Paikon Kore, Abuja, as part of its commitment to the development of the local dairy industry in the country. The company said the

Victor Ezeja

3 weeks ago

Business·Latest News·Oil & Gas

Why Monopoly Should Be Discouraged— Oil Marketers

Oil marketers in Nigeria, under the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), have called for a fair and competitive petroleum market where all players, including refiners, importers, depot owners,

Emmanuel Ochayi

3 weeks ago

Renewal Of MTN Nigeria Spectrum Lease With NTEL Boosts Connectivity Across States

Business·Latest News

MTN Implements 50% Tariff Increase, Raises Data Prices

Nigeria’s largest telecommunications company, MTN, has begun implementing a 50% tariff increase on its data plans. The price adjustment, which was approved by the Nigerian Communications Commission (NCC) in January, does not

Emmanuel Ochayi

3 weeks ago

Netizens Tackle MRS For Setting Petrol Price In South-east Higher Than Other Regions

Business·Latest News·Oil & Gas

MRS Under Fire: Netizens Slam Petrol Price Disparity in Southeast

Netizens have criticised the new regional prices set by MRS Oil Nigeria for Premium Motor Spirit (PMS), commonly known as petrol. In a post on social media on Monday, the major oil

Victor Ezeja

3 weeks ago

Nigeria Ranks 140 In 2024 Corruption Perception Index Amid Challenges

Business·Latest News

Nigeria Improves On Corruption Perception Index, Ranks 140

Nigeria has slightly improved in the latest Corruption Perception Index (CPI) released by Transparency International, ranking 140 out of 180 countries in 2024. This marks an improvement from its position of 145

Emmanuel Ochayi

3 weeks ago

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th October 2024

Business·Currency·Latest News·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 11th February, 2025

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

Victor Ezeja

3 weeks ago

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Business - Page 10

Africa Energy Bank Set For Launch In 1st Quarter, Eyes $120bn Asset Base

Nigeria’s Customs Suspends 4% FOB Charge After Talks With Business Leaders

CBN Announces New ATM Transaction Fees Effective March 1, Sparks Outrage Among Nigerians

Dangote Refinery Reduces Ex-depot Price Of Diesel To ₦1,020 Per Litre

Nestle Invests Over ₦1.8bn in Dairy Development, Unveils Demonstration Farm

Why Monopoly Should Be Discouraged— Oil Marketers

MTN Implements 50% Tariff Increase, Raises Data Prices

MRS Under Fire: Netizens Slam Petrol Price Disparity in Southeast

Nigeria Improves On Corruption Perception Index, Ranks 140

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 11th February, 2025

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