Finance & Economy - Page 100

Nigeria’s Palm Oil Imports From Malaysia Soar By 65.3% In 2023

Nigeria’s palm oil imports from Malaysia, a global palm oil giant, surged by 65.3% during the first nine months of 2023. READ ALSO: Nigeria Fails To Pluck Low-hanging Fruits, Imports N300bn Palm Oil

Emmanuel Ochayi

1 year ago

Finance & Economy·Latest News

Nigerian Govt Restructures CBN Debt To N4.36tn In 2023

The Nigerian government has restructured its debt to the Central Bank of Nigeria (CBN), resulting in a reduction of the owed amount to N4.36 trillion as of June 2023, according to

Emmanuel Ochayi

1 year ago

The situation of things concerning the prices of premium motor spirit (PMS) popularly called petrol continues to be a subject of great concern to many Nigerians

Business·Latest News·Oil & Gas

Petrol Price Jumped To N626.21 In September – NBS

NBS) on Saturday disclosed that the average retail price of a litre of premium motor spirit (otherwise called petrol) increased from N191.65 in September 2022 to N626.21 in September 2023.

Emmanuel Ochayi

1 year ago

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 18th July 2024

Business·Currency·Latest News

ACTN Tasks Nigerian Govt On Tackling Widening Naira-Dollar Disparity

The Association of Corporate Treasurers of Nigeria (ACTN) has voiced their concern about the ongoing depreciation of the Naira against the dollar.

Emmanuel Ochayi

1 year ago

Naira Slips Again As Dollar Supply Drops

Business·Currency

Naira Exchange Rate Dips 5.4% To N808/$ Official, N1,170/$1 Black Market

The naira has experienced a 5.4% decline affecting both the official and black markets. The official rate on the NAFEM closed at N808/$1, while the parallel market saw N1170/$1. This downturn marks

Emmanuel Ochayi

1 year ago

Labour·Latest News

NLC Strike Loading? Here’s Why Nigerian Govt’s MoU With Labour Is Under Threat

The Nigerian economy may be heading for a shutdown owing to a looming total industrial action by the organized labour. This is due to the current threat faced by the October 2

Victor Ezejaand

Admin

1 year ago

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Naira Hits N999/$1 At NAFEM As Disparity Widens

The exchange rate between the Nigerian naira and the US dollar plummeted to N999 per $1 during trading on October 19th, 2023. The alarming data, sourced from intraday trading on the FMDQ,

Emmanuel Ochayi

1 year ago

NCDMB, FIRS Offer Tax Incentives For Oil Industry R&D Investments

NCDMB Urges African Countries To Develop Local Competences For Economic Prosperity

Simbi Wabote, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) has stated that African countries must prioritize local capabilities to unlock economic growth. Speaking at the 2023 Africa

Emmanuel Ochayi

1 year ago

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

Business·Currency

CBN Unifies Forex Market Terminology, Introduces NAFEM

The Central Bank of Nigeria (CBN) has ushered in a new era for the Nigerian Foreign Exchange (FX) market, announcing the retirement of the Investors’ and Exporters’ (I&E) FX Window. READ ALSO: CBN

Emmanuel Ochayi

1 year ago

AMA News·Oil & Gas

Africa must rethink natural resources management to avoid adverse socio-economic consequences – experts

Rethinking responsible use of natural resources ABIDJAN, Côte d’Ivoire, 19 October 2023 -/African Media Agency(AMA)/- Africa needs to rethink how it manages its natural resources to avoid adverse socio-economic consequences that could hamper sustainable

Prime Business Africa

1 year ago

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Finance & Economy - Page 100

Nigeria’s Palm Oil Imports From Malaysia Soar By 65.3% In 2023

Nigerian Govt Restructures CBN Debt To N4.36tn In 2023

Petrol Price Jumped To N626.21 In September – NBS

ACTN Tasks Nigerian Govt On Tackling Widening Naira-Dollar Disparity

Naira Exchange Rate Dips 5.4% To N808/$ Official, N1,170/$1 Black Market

NLC Strike Loading? Here’s Why Nigerian Govt’s MoU With Labour Is Under Threat

Naira Hits N999/$1 At NAFEM As Disparity Widens

NCDMB Urges African Countries To Develop Local Competences For Economic Prosperity

CBN Unifies Forex Market Terminology, Introduces NAFEM

Africa must rethink natural resources management to avoid adverse socio-economic consequences – experts

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