Finance & Economy - Page 133

Fuel Subsidy Removal: 26 Actions Tinubu Govt Must Take – CPPE

To ensure inclusive, impactful and sustainable palliative measures on fuel subsidy removal, there are at least 26 things the Nigerian government must do in the immediate, short and medium term, according to

Editor

1 year ago

Business·Currency·Latest News

Naira-Dollar Rate May Hit N630 On Emefiele Suspension, Arrest – Expert

How will the naira in the coming weeks respond to the goings-on in the Central Bank of Nigeria (CBN), given the suspension and eventual arrest of governor Godwin Emefiele? Lagos-based economic analyst, Razaq

Editor

1 year ago

Business·Oil & Gas

NNPC Says Kyari Erroneously Increases Firm’s Net Profit To N687 trillion

The Nigerian National Petroleum Company (NNPC) Limited has disclosed that its Group Chief Executive Officer (GCEO), Mele Kyari, erroneously put the firm’s profit after tax for the 2021 financial year at N687 trillion.

Fakoyejo Olalekan

1 year ago

Business·Oil & Gas

ExxonMobil Top Officials Visit Tinubu After Buhari Dashed Seplat CEO’s Hope

Top officials in ExxonMobil visit President Bola Tinubu on Thursday amid a delay in the $1.28 billion asset deal between the firm and Seplat Energy. Prime Business Africa previously reported that ExxonMobil

Fakoyejo Olalekan

1 year ago

Business·Oil & Gas

‘Buhari Spent $19bn To Repair Old Refineries, Dangote Built New One With $19bn’

Nasarawa State Governor, Abdullahi Sule, disclosed that over $19 billion used to build Dangote Refinery was spent by former President Muhammadu Buhari to maintain the government-owned refineries. Sule said the refineries in

Fakoyejo Olalekan

1 year ago

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Black Market Increases Dollar, Pound, Euro Rates

Foreign exchange currencies in the black market – dollar, pound and euro – appreciated against the naira on Thursday, 9 June. Parallel market rate aggregator indicated that the average rate of the

Fakoyejo Olalekan

1 year ago

Business·Oil & Gas

Tinubu Tables Request After State Governors Back Fuel Subsidy Removal

The Nigerian Governors’ Forum (NGF) has thrown its weight behind the removal of fuel subsidy by President Bola Tinubu. According to the Chairman of the governors’ forum, AbdulRahman AbdulRazaq, Governor of Kwara

Fakoyejo Olalekan

1 year ago

Dangote Cement GMD Defends Company's Prices After Criticism

Business·Oil & Gas

NNPC Reveals Dangote Yet To Request Crude Oil Since Commissioning Refinery

The Nigerian National Petroleum Company (NNPC) Limited has revealed that Dangote Refinery is yet to receive crude as the company owned by Aliko Dangote hasn’t made any request. NNPC Limited spokesperson, Garba-Deen

Fakoyejo Olalekan

1 year ago

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Cost Of Dollar Up In Black Market, Euro Sold At Lower Rate

Foreign exchange traders in the black market were offered the dollar at an average rate of N754.5 kobo on Wednesday. Naira Rates, a black market rate aggregator, reported that the price of

Fakoyejo Olalekan

1 year ago

Business·Currency

Naira Slumps In Black Market, Dollar, Euro, Pound Rates Rise

The rates for the dollar, euro and pound sterling were increased in the Bureau De Change window of the black market on Tuesday. It was gathered that the naira exchanged for the

Fakoyejo Olalekan

1 year ago

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Finance & Economy - Page 133

Fuel Subsidy Removal: 26 Actions Tinubu Govt Must Take – CPPE

Naira-Dollar Rate May Hit N630 On Emefiele Suspension, Arrest – Expert

NNPC Says Kyari Erroneously Increases Firm’s Net Profit To N687 trillion

ExxonMobil Top Officials Visit Tinubu After Buhari Dashed Seplat CEO’s Hope

‘Buhari Spent $19bn To Repair Old Refineries, Dangote Built New One With $19bn’

Black Market Increases Dollar, Pound, Euro Rates

Tinubu Tables Request After State Governors Back Fuel Subsidy Removal

NNPC Reveals Dangote Yet To Request Crude Oil Since Commissioning Refinery

Cost Of Dollar Up In Black Market, Euro Sold At Lower Rate

Naira Slumps In Black Market, Dollar, Euro, Pound Rates Rise

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