Business - Page 58

Naira Appreciates To ₦1,600 As Dollar Supply Rises

Forex Crisis Causes 57% Drop In Nigeria’s Letter Of Credit Payments, Impacting Imports, Economy

Nigeria’s Letter of Credit Payments Drop Amid Forex Crisis Nigeria’s economy is feeling the impact of a severe forex crisis, with the country’s Letter of Credit (LC) payments for the first seven

Emmanuel Ochayi

3 months ago

Business·Latest News·Oil & Gas

NNPCL Admits Financial Strain Amid Rising PMS Supply Costs

NNPC Faces Financial Challenges Due to Rising Supply Costs NNPC Ltd. is facing significant financial pressure due to rising Premium Motor Spirit (PMS) supply costs. This situation is putting a strain on

Emmanuel Ochayi

3 months 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, 2nd September 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

3 months ago

Lagos Real Estate Market Decline By 11% Amid Economic Pressure

Business·Latest News

Lagos Real Estate Market Declines By 11% Amid Economic Pressure

The Lagos real estate market has been significantly impacted by Nigeria’s ongoing economic challenges, leading to a decline in commercial development activity. According to the 2024 Lagos Real Estate Development Pipeline Report

Emmanuel Ochayi

3 months ago

Grid Collapse: We’re Working To Restore Power – TCN

Business·Power

Nigerian Govt Set To Invest $800m In Power Sector, Targets 6,000 Megawatts

The Nigeria government has announced plans to invest $800 million into the power sector to upgrade infrastructure and boost supply across the country. Minister of Power, Bayo Adelabu, said the money will

Victor Ezeja

3 months ago

Cement Prices: House Of Reps Members’ Comments ‘Very Unfair’ To Investors - CPPE

Business·Latest News

FCCPC’s Mandate Is Consumer Protection, Not Price Control – CPPE

The Centre for the Promotion of Private Enterprise (CPPE) has called on the Federal Competition and Consumer Protection Commission (FCCPC) to refrain from price control, stating that the core mandate of the

Victor Ezeja

3 months ago

Breaking: Senate Confirms Cardoso As CBN Governor, 4 Deputies

Business·Latest News

Binance Trial: Court Orders CBN Governor, Others To Appear On Monday, September 2

A Federal High Court sitting in Abuja has ordered the Central Bank of Nigeria (CBN) Governor, Dr Olayemi Cardoso, and Head of Legal Services Department to appear on Monday, 2nd September 2024,

Victor Ezeja

3 months ago

Business·Latest News·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st September 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

3 months ago

Business·Latest News

Hardship: Long Queues For Bokku! Bread In Lagos

Many consumers on a daily basis, form long queues at different branches of Bokku! Mart in Lagos as they wait for hours to buy the bread. Produced in both white and brown

Victor Ezeja

3 months ago

Business·Latest News

FCCPC Clarifies One-month Moratorium On Exploitative Pricing Amid Economic Challenges

FCCPC’s One-Month Moratorium: A Call for Cooperation The Federal Competition and Consumer Protection Commission (FCCPC) has provided further clarity regarding its one-month moratorium given to traders and market stakeholders involved in exploitative

Emmanuel Ochayi

3 months ago

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Business - Page 58

Forex Crisis Causes 57% Drop In Nigeria’s Letter Of Credit Payments, Impacting Imports, Economy

NNPCL Admits Financial Strain Amid Rising PMS Supply Costs

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 2nd September 2024

Lagos Real Estate Market Declines By 11% Amid Economic Pressure

Nigerian Govt Set To Invest $800m In Power Sector, Targets 6,000 Megawatts

FCCPC’s Mandate Is Consumer Protection, Not Price Control – CPPE

Binance Trial: Court Orders CBN Governor, Others To Appear On Monday, September 2

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st September 2024

Hardship: Long Queues For Bokku! Bread In Lagos

FCCPC Clarifies One-month Moratorium On Exploitative Pricing Amid Economic Challenges

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