Finance & Economy - Page 115

Democracy Day: Nigeria In A Classical State Capture - Obi

Business·Finance & Economy·News·Politics

Obi Slams ‘Lavish’ Expenditure in 2023 Supplementary Budget, Calls For Focus On National Welfare

In a scathing critique of the approved N2.17 trillion 2023 supplementary budget, former Anambra state governor and Labour Party presidential candidate, Mr. Peter Obi, lambasted the government’s allocation of funds for what

Emmanuel Ochayi

1 year ago

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency·News

Naira Depreciates In Official Market, Black Market On Wednesday

The naira took a dip against the U.S. dollar, leaving speculators scratching their heads. The official market, usually a bastion of stability, witnessed a 0.55% depreciation, closing at N874.71 to a dollar

Emmanuel Ochayi

1 year ago

Naira Depreciation Spurs Export Surge To N35trn

Business·Currency·News

Old, Redesigned Naira Notes Remain Legal Tender – CBN

The Central Bank of Nigeria (CBN) has reiterated that the old and newly redesigned naira notes remain legal tender. The CBN emphasized this point following Section 20(5) of the CBN Act, 2007.

Emmanuel Ochayi

1 year ago

Agro-Economy·Business·News

Nigeria’s Agricultural Exports Face US Rejection Due To Food Safety Gaps- USDA

The United States Department for Agriculture (USDA) pointed out that Nigeria’s agricultural produce is facing rejection in the international market, primarily due to a lack of food safety documentation. This disconcerting issue

Emmanuel Ochayi

1 year ago

Africa·Business·News·Oil & Gas

NNPCL, Aiteo Launch Nembe Crude Oil Grade

The Nigerian National Petroleum Company Limited (NNPCL) and Aiteo have jointly introduced the Nembe crude oil grade. The announcement was made at the Argus European Crude Conference in London, with Olufemi Soneye,

Emmanuel Ochayi

1 year ago

News·Oil & Gas

Tinubu Names 3 New NUPRC Executive Commissioners

Bola Tinubu has appointed three new Executive Commissioners to serve in the Nigerian Upstream Petroleum Regulatory Commission

Victor Ezeja

1 year ago

Agro-Economy·Business·News

NASENI, Ministry of Agriculture Partner To Boost Agro-Allied Industries, Food Security

The National Agency for Science and Engineering Infrastructure (NASENI) and the Federal Ministry of Agriculture and Food Security have initiated discussions to harness their technical expertise and resources for the enhancement of

Emmanuel Ochayi

1 year ago

NLC To Suspend Strike Action Against CBN, FG Intervenes In Dispute

Labour·News

NLC, TUC Orders Immediate Withdrawal Of Services In Imo

Both leaders of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have ordered the immediate withdrawal of services and shutdown of Imo State effective from Tuesday’s midnight. The

Abigail Erhiagboje

1 year ago

Obaseki Pledges $35,000 To Fund Edo State Film Festival

Business·Finance & Economy·News

Obaseki Calls For Federal-State Economic Renegotiation Amidst Growing Weakness

Governor Godwin Obaseki of Edo State has said that the Federal Government’s diminishing strength in the face of economic challenges necessitates a renegotiation with states to find sustainable solutions. Speaking directly to

Emmanuel Ochayi

1 year ago

How EFEMS Transparency Fuels Naira Demand In Parallel Market

Business·Currency·News

Naira Depreciates To N869/$1 In Official Market, Gains In Black Market

The exchange rate between the Naira and the US Dollar saw a drop to N869.91 per dollar on Tuesday at the official market. This development marks an N60.89 loss, representing a 6.99%

Emmanuel Ochayi

1 year ago

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Finance & Economy - Page 115

Obi Slams ‘Lavish’ Expenditure in 2023 Supplementary Budget, Calls For Focus On National Welfare

Naira Depreciates In Official Market, Black Market On Wednesday

Old, Redesigned Naira Notes Remain Legal Tender – CBN

Nigeria’s Agricultural Exports Face US Rejection Due To Food Safety Gaps- USDA

NNPCL, Aiteo Launch Nembe Crude Oil Grade

Tinubu Names 3 New NUPRC Executive Commissioners

NASENI, Ministry of Agriculture Partner To Boost Agro-Allied Industries, Food Security

NLC, TUC Orders Immediate Withdrawal Of Services In Imo

Obaseki Calls For Federal-State Economic Renegotiation Amidst Growing Weakness

Naira Depreciates To N869/$1 In Official Market, Gains In Black Market

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