Business - Page 129

How Stronger Naira Is Failing To Put Food On Tables

In a country where the value of money can make or break everyday life, the Nigerian Naira’s recent rise against the dollar has grabbed headlines. Yet, amidst this financial seesaw, a less

Emmanuel Ochayi

8 months ago

AMA News·Business

Three more ambassadors join King Kanu at Sportsbet.io

The new signings are part of the crypto sports betting site’s global team, led by Nigerian football legend Nwankwo Kanu LAGOS, Nigeria, 16 April 2024 -/African Media Agency(AMA)/- Sportsbet.io’s has announced three more high-profile ambassadors,

Prime Business Africa

8 months ago

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

Business·Latest News·Markets

NGX Sees 7th Day Of Losses, N304bn Equity Drop, FBN’s SWOOT Exit

The Nigerian Stock Exchange (NGX) witnessed another day of downturn, marking the seventh consecutive day of losses for investors. The NGX All-Share Index, a key indicator of market performance, took a hit,

Emmanuel Ochayi

8 months ago

OPEC Envisions Medium-Term Emergence Of Modular Refineries In Nigeria

Business·Latest News·Oil & Gas

Dangote, Modular Refineries To Pay Naira For Crude Oil- Nigerian Govt

The Nigerian government has greenlit domestic crude oil transactions to be conducted in naira or dollars, addressing long-standing concerns of indigenous refineries and operators. The declaration, announced by the Nigerian Upstream Petroleum

Emmanuel Ochayi

8 months ago

Nigerian Govt Spends ₦380bn On Electricity Subsidy In Q2 2024 — NERC

Business·Latest News

Nigeria Faces Sixth Grid Collapse Of 2024: System Instability With Recurrent Challenges

Nigeria’s power grid stumbled yet again, marking the sixth collapse this year. The collapse on Monday dawn witnessed a drop in electricity generation from 2,583.77 megawatts to a meager 64.7MW before recovery

Emmanuel Ochayi

8 months ago

Nigerian Government Exempts VAT On Diesel, LNG, CNG, Electric Vehicles To Lower Energy Costs

Business·Latest News

How Nigeria’s FDI Fell By $19bn In 10 Years – Minister Of Finance

Finance Minister Wale Edun revealed a concerning trend of how the Foreign Direct Investment (FDI) into Nigeria has plummeted by $19 billion over the past decade. From $22.7 billion in 2014, FDI

Emmanuel Ochayi

8 months ago

Naira Falls To N1687 Per Dollar At Official Market

Business·Latest News·Markets

Naira Nears N1,000/$1 At Parallel Market As Traders Anticipate Further Gains

The Nigerian naira is on an upswing against the United States dollar, reaching N1,136/$ at the official market and N1,050/$ at the parallel market by the close of trading on Monday. Traders

Emmanuel Ochayi

8 months ago

Business·Latest News·Markets·World News

Gold Prices Rise As Iran’s Attack On Israel Sparks ‘Safe Haven’ Demand

In a dramatic turn of events, gold prices surged in Asian trading, nearing record highs, driven by heightened demand for safe havens following Iran’s strike on Israel. Spot gold witnessed a 0.6%

Emmanuel Ochayi

8 months ago

Business·Latest News

Humanitarian Affairs Probe: EFCC Recovers New $445,000, N3bn

The Economic and Financial Crimes Commission (EFCC) has made strides in its investigation into Humanitarian Affairs, as it recovers a substantial sum of money. According to EFCC spokesman Dele Oyewale, the commission

Emmanuel Ochayi

8 months ago

Nigerian Govt Yet To Address Real Drivers Of Inflation – CPPE

Business·Latest News

Just In: Nigeria’s Inflation Rate Hits 33.2%- NBS

Nigeria’s inflation rate took another stride, hitting 33.2% in March 2024, marking a 1.5% jump from February’s 31.7%. Though the climb persisted, it was a tad slower compared to the prior month’s

Emmanuel Ochayi

8 months ago

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Business - Page 129

How Stronger Naira Is Failing To Put Food On Tables

Three more ambassadors join King Kanu at Sportsbet.io

NGX Sees 7th Day Of Losses, N304bn Equity Drop, FBN’s SWOOT Exit

Dangote, Modular Refineries To Pay Naira For Crude Oil- Nigerian Govt

Nigeria Faces Sixth Grid Collapse Of 2024: System Instability With Recurrent Challenges

How Nigeria’s FDI Fell By $19bn In 10 Years – Minister Of Finance

Naira Nears N1,000/$1 At Parallel Market As Traders Anticipate Further Gains

Gold Prices Rise As Iran’s Attack On Israel Sparks ‘Safe Haven’ Demand

Humanitarian Affairs Probe: EFCC Recovers New $445,000, N3bn

Just In: Nigeria’s Inflation Rate Hits 33.2%- NBS

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