Finance & Economy - Page 104

Emerging Economies Face $220bn Budget Cuts Amid Looming Debt Crisis – Oxfam Warns

Oxfam International’s recent report has exposed a looming debt crisis set to push impoverished nations into budget reductions exceeding $220 billion over the next five years. This dire situation coincides with the

Emmanuel Ochayi

1 year ago

Business·Oil & Gas·World News

Hamas Attack On Israel, Rising Tensions Surge Oil Prices

Global crude oil prices have surged following the Hamas attack on Israel, resulting in a tragic loss of over a thousand lives on both sides. This incident follows a previous dip in

Emmanuel Ochayi

1 year ago

NNPCL Denies Inflating Fuel Subsidy Payments

NNPCL Denies ‘Northern Oil Cabal’ Claims, Affirms Transparency In Pipeline Contracts

The Nigerian National Petroleum Company Limited (NNPCL) has dismissed allegations of favoritism in awarding oil pipeline contracts, asserting that the process was transparent and adhered to international standards. Addressing the allegations, NNPCL’s

Victor Ezeja

1 year ago

Tinubu Explains Why Nigeria Stopped Exporting Raw Gold, Lithium, Other Minerals

Finance & Economy

Financial Times Sees Signs Of Economy Going Bad Under Tinubu, Advocates Momentum

The Financial Times of London (FT) has stated that although President Bola Tinubu moved quickly to raise expectations after taking over the reins of government, there are signs of things going awry

Victor Ezeja

1 year ago

Finance & Economy

Lagos Corners 69% Of Capital Inflows To Nigeria As Foreign Investors Shun 28 States

Nigeria’s foreign investment in Nigeria witnessed a significant downturn with 28 states of the federation missing out on foreign capital importation in the first half of 2023.

Victor Ezeja

1 year ago

Business·Oil & Gas

Nigerian Govt Still Pays Fuel Subsidy, PENGASSAN Insists

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has challenged President Bola Tinubu’s declaration that the era of fuel subsidies had ended. PENGASSAN’s National President, Festus Osifo, who also

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·Oil & Gas

Depot Owners Struggle With Rising Fuel Cost Amid Forex Fluctuations

Nigeria's fuel industry is facing a grim reality as foreign exchange rate fluctuations have left numerous petroleum product depots empty.

Emmanuel Ochayi

1 year ago

Nigeria's Exchange Rate Will Soon Stabilise, Bagudu Assures Investors

Finance & Economy·Latest News

Agenda 2050 Targets $33,000 GDP per Capita, 0.6% Poverty Rate – FG

Minister of Budget and Economic Planning, Abubakar Atiku Bagudu, has declared the federal government’s dedication to the ambitious Agenda 2050 during a media conference ahead of the 29th Nigerian Economic Summit (NES29).

Emmanuel Ochayi

1 year ago

How Everyone Can Make Money On Tiktok Easily

Business·Personal Finance

10 Ways To Save Money In Nigeria

Saving money is a financial goal that can benefit everyone, regardless of what they earn. In the face of the current cost of living crisis in the country, cultivating good saving

Bisina Somto

1 year ago

Business·Finance & Economy

Amid Nigeria’s 2.8% Slow Economic Growth In 2023, These Four Sectors Are Top Performers

Utilities (read electricity industry), financial services, information & communication as well as construction have been identified to be the fastest growing sectors of the Nigerian economy this year. Their growth rates were

Victor Ezeja

1 year ago

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Finance & Economy - Page 104

Emerging Economies Face $220bn Budget Cuts Amid Looming Debt Crisis – Oxfam Warns

Hamas Attack On Israel, Rising Tensions Surge Oil Prices

NNPCL Denies ‘Northern Oil Cabal’ Claims, Affirms Transparency In Pipeline Contracts

Financial Times Sees Signs Of Economy Going Bad Under Tinubu, Advocates Momentum

Lagos Corners 69% Of Capital Inflows To Nigeria As Foreign Investors Shun 28 States

Nigerian Govt Still Pays Fuel Subsidy, PENGASSAN Insists

Depot Owners Struggle With Rising Fuel Cost Amid Forex Fluctuations

Agenda 2050 Targets $33,000 GDP per Capita, 0.6% Poverty Rate – FG

10 Ways To Save Money In Nigeria

Amid Nigeria’s 2.8% Slow Economic Growth In 2023, These Four Sectors Are Top Performers

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