Finance & Economy - Page 11

Oil Prices Surge Amid Middle East Conflict Fears, Brent Crude Nears $80 Per Barrel

Week Ahead: Nigeria CPI, USD And Oil In Focus

By Lukman Otunuga, Senior Market Analyst At FXTM With the US election done and dusted, the focus shifts back to key data from across the globe. It will be a week packed

Admin

1 month ago

NNPCL Releases New Pump Prices Of Petrol, Sells ₦950 In Lagos, ₦1,019 In Borno

Business·Latest News·Oil & Gas

PMS Landing Cost Drops To ₦976/Litre

The pump price of Premium Motor Spirit (PMS) also known as petrol may likely drop following a reduction in the estimated cost of landing product in recent times. According to a publication

Victor Ezeja

1 month 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, 11th November 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

Nigeria's Inflation Rate Squeezes Car Market: High Prices, Low Sales As Fuel Costs Bite Hard

Business·FEATURES·Latest News·Oil & Gas·Top Stories

High Prices, Low Sales As Inflation Rate, Fuel Costs Squeeze Car Market

As Nigeria’s inflation rate continues to climb, the impacts are being felt in every corner of the economy. One industry affected is the car market. Rising fuel prices and inflation have significantly

Emmanuel Ochayi

1 month ago

Business·FEATURES·Finance & Economy

Top 25 Nigerian States With High Dependence On FAAC Allocations For Revenue

Nigerian states’ dependence on the Federation Account Allocation Committee (FAAC) allocations for revenue has remained a significant issue for their fiscal sustainability. FAAC allocations are funds distributed from the federal government to

Victor Ezeja

1 month ago

Business·Currency·Latest News·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 10th November 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

Nigeria’s Oil Import Drops By 35% In Q2 Amid Shift In Energy Policy

Oil Import Decline Reflects Policy Shifts Nigeria’s oil import expenditure sharply dropped by 35% in the second quarter of 2024, with imports amounting to $2.79 billion, a decrease from $4.31 billion recorded

Emmanuel Ochayi

1 month ago

Dangote Refinery: Revolution Or Restriction For Nigeria’s Oil Market?

Business·Latest News·Oil & Gas

South Africa, Angola, Namibia, 4 Others Set to Lift Fuel from Dangote Refinery

Dangote Refinery to Supply Fuel Across Africa The Dangote Refinery and Petrochemical plant is set to become a major fuel supplier for various African nations, starting with South Africa, Angola, and Namibia.

Emmanuel Ochayi

1 month ago

Tenants Panic As Landlords Blame Rent Hikes On Nigeria's Inflation Rate, Fuel Costs

Business·FEATURES·Latest News·Oil & Gas·Top Stories

Tenants Panic As Landlords Blame Rent Hikes On Inflation Rate, Fuel Costs

Nigeria’s Inflation Rate: The Impact on Lagos House Rents Nigeria’s inflation rate has surged to 32.7% in recent months, affecting essential commodities intensely. For tenants and landlords in Lagos, however, these numbers

Emmanuel Ochayi

1 month ago

CBN’s FX Market Intervention Falls Short As Naira Struggles To Gain Ground

Business·Currency·Latest News·Markets

Naira Ends Week With Loses Despite Surge In Dollar Supply

The Nigerian Naira recorded a significant depreciation at the foreign exchange market on Friday, 8 November, ending the week on a negative note. According to the Nigeria Autonomous Foreign Exchange Market (NAFEM)

Victor Ezeja

1 month ago

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Finance & Economy - Page 11

Week Ahead: Nigeria CPI, USD And Oil In Focus

PMS Landing Cost Drops To ₦976/Litre

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 11th November 2024

High Prices, Low Sales As Inflation Rate, Fuel Costs Squeeze Car Market

Top 25 Nigerian States With High Dependence On FAAC Allocations For Revenue

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 10th November 2024

Nigeria’s Oil Import Drops By 35% In Q2 Amid Shift In Energy Policy

South Africa, Angola, Namibia, 4 Others Set to Lift Fuel from Dangote Refinery

Tenants Panic As Landlords Blame Rent Hikes On Inflation Rate, Fuel Costs

Naira Ends Week With Loses Despite Surge In Dollar Supply

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