Business - Page 28

Obi Calls On Tinubu To Reverse New Petrol Price Hike

Presidential candidate of the Labour Party in the 2023 general election, Peter Obi, has decried the latest hike in price of Premium Motor Spirit (PMS), also known as petrol, and urged the

Victor Ezeja

1 month ago

Brass Fertilizer Methanol Plant Will Generate $1.5bn Yearly From Exports – Minister

Business·Latest News

Brass Fertiliser Methanol Plant Will Generate $1.5bn Yearly From Exports – Minister

Minister of State Petroleum Resources, (Gas), Ekperikpe Ekpo, has stated that the Brass Fertiliser and Methanol Project will generate not less than $1.5 billion annually from the export of fertilisers, petrochemicals, and

Victor Ezeja

1 month ago

Business·Latest News

Nigeria’s FX Crisis Deepens As Foreign Investments Drop Amid Liquidity Concerns

Foreign Exchange Crisis Hits Nigeria’s Investment Market The persistent FX crisis in Nigeria has caused a significant downturn in foreign investments, with investors fleeing the market. Nigeria, once Africa’s largest economy, has

Emmanuel Ochayi

1 month ago

Nigerian Stock Market Sees Surge As Top 10 Brokers Trade Over N2.5trn In 2024

Business·Latest News·Markets

Nigerian Equity Market Closes In The Green As All-Share Index Gains 0.13%

The Nigerian equity market closed on a positive note on October 11, 2024, as the All-Share Index (ASI) rose by 0.13%, adding 129.44 points to close at 97,606.63. This uptick in performance

Emmanuel Ochayi

1 month ago

Federal High Court Denies Bail To Binance Executive Gambaryan Again

Business·Latest News

Again, Federal High Court Denies Binance Executive, Gambaryan Bail

Binance Executive’s Bail Denied Despite Health Claims The Federal High Court in Maitama has once again denied the bail application of Tigran Gambaryan, a top executive of Binance Holdings Ltd, who is

Emmanuel Ochayi

1 month ago

Naira Appreciates To ₦1,600 As Dollar Supply Rises

Business·Latest News·Markets

Net Forex Inflows To Nigeria Surge By 67.8% In First Half

Net Forex Inflows Experience Significant Growth in 2024 Net foreign exchange (Net Forex) inflows into Nigeria’s economy surged by 67.8% in the first half of 2024, rising from $16.44 billion in the

Emmanuel Ochayi

1 month ago

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

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 12th October 2024

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

1 month ago

Business·Latest News·Oil & Gas

NNPCL Lacks Power To Fix Petroleum Prices, Says Falana

Human rights lawyer, Femi Falana, has criticised the Nigerian National Petroleum Company Limited (NNPCL) for setting petroleum prices, arguing that the practice is illegal according to the law that governs the company.

Emmanuel Ochayi

1 month ago

Business·Latest News·Oil & Gas

PMS Market Deregulation Will Boost Supply – Edun

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has officially confirmed the full deregulation of the market structure for Premium Motor Spirit (PMS) also known as petrol.

Victor Ezeja

1 month ago

Food Prices Rises Continually As Two-thirds Go Hungry- Report

Business·Latest News

Nigeria Among Top 5 Nations Facing Food Inflation, Says World Bank

A recent report by the World Bank has said that Nigeria is among the top five countries worst affected by food inflation worldwide. The report, released in September, highlights Nigeria’s deteriorating food

Emmanuel Ochayi

1 month ago

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Business - Page 28

Obi Calls On Tinubu To Reverse New Petrol Price Hike

Brass Fertiliser Methanol Plant Will Generate $1.5bn Yearly From Exports – Minister

Nigeria’s FX Crisis Deepens As Foreign Investments Drop Amid Liquidity Concerns

Nigerian Equity Market Closes In The Green As All-Share Index Gains 0.13%

Again, Federal High Court Denies Binance Executive, Gambaryan Bail

Net Forex Inflows To Nigeria Surge By 67.8% In First Half

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 12th October 2024

NNPCL Lacks Power To Fix Petroleum Prices, Says Falana

PMS Market Deregulation Will Boost Supply – Edun

Nigeria Among Top 5 Nations Facing Food Inflation, Says World Bank

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