Finance & Economy - Page 100

World Bank Report Reveals 34% of Nigeria’s Education, Health Expenditures Lost Due To Absenteeism

Nigeria To Accumulate N11trn By 2025 From Fuel Subsidy Removal- World Bank

In the latest Nigeria Development Update released by the World Bank, an optimistic forecast suggests Nigeria could accumulate over N11 trillion in savings by 2025 through the removal of fuel subsidies. However,

Emmanuel Ochayi

1 year ago

Business·Finance & Economy·News

Just In: CBN Halts New Loan Applications For Intervention Programme

The Central Bank of Nigeria (CBN) has halted the acceptance of new loan applications under its Development Finance Intervention Programme, signaling a transition in its operational strategy. In a circular addressed to

Emmanuel Ochayi

1 year ago

Business·Oil & Gas

Nigeria Optimistic On Achieving 1.7mpd Crude Despite November Output Drop

The Nigerian government has expressed optimism that the country will reach and exceed the benchmark for the 2024 crude oil budget of 1.7 million barrels per barrel despite a slight decrease in

Victor Ezeja

1 year ago

Naira vs Dollar: What To Expect This Week

Business·Currency·News

Experts Advocate Shift In Naira Policy As Currency Falls Marginally To N1186/$1

The Nigerian naira experienced a marginal dip against the U.S. dollar on Tuesday, registering an intraday high of N1186/$1 across both official and parallel markets. This slight decline comes after a rebound

Emmanuel Ochayi

1 year ago

Business·News·Oil & Gas

NNPC Reveals 127 Incidents Of Crude Oil Thefts In 1 Week

Amidst escalating concerns, Nigerian National Petroleum Company Limited (NNPCL) has revealed 127 incidents of crude oil theft between December 2 and 8 within the oil-producing regions This was revealed through a report

Emmanuel Ochayi

1 year ago

#EndBadGovernance Protests: PDP Criticises Tinubu's Silence, Demands Immediate Response

Oil & Gas·World News

Nigeria Now Competing With Russia On Energy Supply To Europe – Tinubu Tells The World

President Bola Tinubu on Tuesday expressed Nigeria’s preparedness to participate in friendly competitions in the international market for the supply of renewable energy as a way of diversifying the country’s economy. The

Victor Ezejaand

Admin

1 year ago

#Nigeria@64: Naira-for-Crude Deal Kicks Off TuesdayAs Nigeria Set To Save Over $7bn

Business·News·Oil & Gas

Ex-NNPC Executive Foresees Economic Boost, Environmental Concerns From Dangote Refinery

Dr. Godswill Ihetu, a former top executive at NNPC Limited and Nigeria LNG Limited, provided insights into the impending impact of the Dangote Refinery on Nigeria’s economy. “The commissioning process is underway,

Emmanuel Ochayi

1 year ago

Business·FEATURES·Finance & Economy·News

Nigeria’s Moody’s Rating Upgrade: A Testament To Reform’s Impact- Analyst

Moody’s Investors Service, a globally recognized rating agency, shifted Nigeria’s credit outlook from stable to positive, marking a potential turning point in the nation’s fiscal and external trajectory due to robust governmental

Emmanuel Ochayi

1 year ago

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Business·Currency·News

Naira Bounces Back, Appreciates To N864/ $1 In Official Market

In a turn of events, the Naira staged a comeback against the dollar, marking a 27.16% appreciation at the official market on Monday, December 11th, 2023. Following its historical low just days

Emmanuel Ochayi

1 year ago

Economy: Don’t Suffocate Businesses, CPPE Warns Regulatory Agencies

Business·Currency·News

CPPE Urges CBN To Reconsider Exchange Rate Surge For Sustainable Economic Growth

Dr. Muda Yusuf, CEO of the Centre for Promotion of Private Enterprise (CPPE), raised concerns over the Central Bank’s decision to elevate the customs exchange rate, emphasizing the potential detrimental impact on

Emmanuel Ochayi

1 year ago

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Finance & Economy - Page 100

Nigeria To Accumulate N11trn By 2025 From Fuel Subsidy Removal- World Bank

Just In: CBN Halts New Loan Applications For Intervention Programme

Nigeria Optimistic On Achieving 1.7mpd Crude Despite November Output Drop

Experts Advocate Shift In Naira Policy As Currency Falls Marginally To N1186/$1

NNPC Reveals 127 Incidents Of Crude Oil Thefts In 1 Week

Nigeria Now Competing With Russia On Energy Supply To Europe – Tinubu Tells The World

Ex-NNPC Executive Foresees Economic Boost, Environmental Concerns From Dangote Refinery

Nigeria’s Moody’s Rating Upgrade: A Testament To Reform’s Impact- Analyst

Naira Bounces Back, Appreciates To N864/ $1 In Official Market

CPPE Urges CBN To Reconsider Exchange Rate Surge For Sustainable Economic Growth

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