Business - Page 123

NMDPRA: Nigerian Govt Will Not Fix Price For Petroleum Products From Dangote Refinery, Pushes CNG Expansion

Dangote Refinery: How Forex Shortage Is Delaying Crude Supplies

The $20 billion refinery project in Nigeria, the brainchild of Africa’s richest man, Aliko Dangote, is having payment problems, which is delaying the discharge of crude oil shipment from Chinese state energy

Emmanuel Ochayi

7 months ago

Business·Latest News·World News

Bitcoin Price Dips Below $64,000 As Crypto Market Sees $209m In Liquidations

There was a notable decline in the cryptocurrency market, with the price of Bitcoin dropping below $64,000 and the liquidation of almost $209 million in long holdings on Thursday. As of right

Emmanuel Ochayi

7 months ago

Fuel Scarcity: NNPC Blames Panic Buying, Marketers Disagree

Business·Latest News

Commuters Stranded As Fuel Scarcity Hits Abuja, Anambra, 4 Other States

Many Nigerian states are in a state of chaos due to a widespread fuel scarcity, leaving commuters stuck, transportation costs increasing, and drivers having to wait in long lines at the few

Emmanuel Ochayi

7 months ago

Business·Latest News

Emefiele Fraud: Court Adjourned Alleged Procurement Case Till June 24

The Federal Capital Territory high court postponed the trial of Godwin Emefiele, the former governor of the Central Bank of Nigeria, until June 24. Even though neither the prosecution nor the defendant

Emmanuel Ochayi

7 months ago

Equity Market Begins July With 0.04% Decline

Business·Latest News·Markets

NGX: Investors Loose N200bn In Value, ASI Drops By 353.51 Points

The Nigerian stock market, represented by the NGX, faced a downturn today, with pessimism overshadowing buying interests as investors lose N200bn in value. The All-Share Index, a key indicator, plummeted by 353.51

Emmanuel Ochayi

7 months ago

CBN’s FX Market Intervention Falls Short As Naira Struggles To Gain Ground

Business·Latest News·Markets

Naira Depreciates To N1,300/$1, Weakens By 17.49% In 5 Days

The Nigerian Naira has taken a hit, falling to a month-to-date low of N1,300/$1 on Tuesday, April 23, 2024. This represents a 5.05% devaluation from the N1,234.49/$1 reported on the first day

Emmanuel Ochayi

7 months ago

Business·Latest News

EFCC Files New Charges: How Emefiele Printed N684.5m With N18.9bn

The Economic and Financial Crimes Commission (EFCC) has filed a new charge against the former Governor of the Central Bank of Nigeria, Godwin Emefiele, at the High Court of the Federal Capital

Emmanuel Ochayi

7 months ago

Binance Executive's Bail Application Oppose By EFCC, Cites Flight Risk

Business·Latest News

EFCC Opposes Bail Application For Binance Executive, Cites Flight Risk

The Economic and Financial Crimes Commission (EFCC) has successfully opposed the bail application of Tigran Gambaryan, an executive of Binance Holdings Limited, citing a high risk of flight. Gambaryan is being prosecuted

Emmanuel Ochayi

7 months ago

EFCC Freezes 300 Illegal Peer-to-Peer Accounts - Olukoyede

Business·Latest News

EFCC Freezes 300 Illegal Peer-to-Peer Forex Accounts – Olukoyede

Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has disclosed that the anti-graft agency has uncovered and frozen over 300 accounts linked to a new scheme called Peer-to-Peer (P

Victor Ezeja

7 months ago

Business·Latest News

I Never Asked Wabote To Increase NCDMB’s Budget By N30bn – Lokpobiri

Nigeria’s Minister of State for Petroleum Resources, Heineken Lokpobiri, has debunked the allegation that he asked former Executive Secretary of the Nigerian Content Development Monitoring Board (NCDMB), Simbi Wabote, to increase the

Victor Ezeja

7 months ago

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Business - Page 123

Dangote Refinery: How Forex Shortage Is Delaying Crude Supplies

Bitcoin Price Dips Below $64,000 As Crypto Market Sees $209m In Liquidations

Commuters Stranded As Fuel Scarcity Hits Abuja, Anambra, 4 Other States

Emefiele Fraud: Court Adjourned Alleged Procurement Case Till June 24

NGX: Investors Loose N200bn In Value, ASI Drops By 353.51 Points

Naira Depreciates To N1,300/$1, Weakens By 17.49% In 5 Days

EFCC Files New Charges: How Emefiele Printed N684.5m With N18.9bn

EFCC Opposes Bail Application For Binance Executive, Cites Flight Risk

EFCC Freezes 300 Illegal Peer-to-Peer Forex Accounts – Olukoyede

I Never Asked Wabote To Increase NCDMB’s Budget By N30bn – Lokpobiri

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