Finance & Economy - Page 142

Top 15 African Countries With Strongest Currency Exchange Rate

Many African currencies have over the years suffered from weak value in the global exchange market due to dynamics in the economies of the countries. According to an International Monetary Fund (IMF)

Victor Ezeja

2 years ago

Business·Oil & Gas

Access Bank Serves Seplat Energy With Bankruptcy Court Order Against Orjiako

Seplat Energy has been served with a bankruptcy ex parte interim court order from Access Bank, as the financial institution moves to recover the debt A.B.C Orjiako owes the lender. Orjiako, who

Fakoyejo Olalekan

2 years ago

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Gap Between Black Market, Official Window Dollar Rates Hits N120.56

On Thursday, data from the official window and the black channel showed that the gap between the two markets’ rates is now N120.56 kobo. According to Naira Rates, a parallel market aggregator,

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

Vessel Scarcity, Four Other Reasons Gas Prices Will Rise In Nigeria From Next Week

The President of the Nigerian Association of Liquefied Petroleum Gas Marketers, Olatunbosun Oladapo, has listed five reasons the prices of cooking gas will rise from next week. Oladapo said market forces are

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar Rate Hits N782 In Official Window, N891 In Black Markets

In the Investors’ and Exporters’ window of the official market, the naira to dollar rate settled at N782.38/$1 at the end of trading on Wednesday. The naira depreciated in value by 3.28

Fakoyejo Olalekan

2 years ago

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Black Market Dollar Rate Rises, Official USD Hits N757.51

The official market exchange rate between the dollar and the naira closed at N757.51/$1 on Tuesday, as the Nigerian currency appreciated by 2.22 per cent. This indicates the price for the United

Fakoyejo Olalekan

2 years ago

News·Oil & Gas

Subsidy Removal: NLC Requests For More Modular Refinery Licences In Edo

The Chairman of Nigeria Labour Congress (NLC), Edo State Chapter, Comrade Odion Olaye, has called on the Federal Government to issue more modular refinery licenses to operators in the state to expand

PBA Reporter

2 years ago

The authorised dealers in the official market sold the United States Dollar (USD) at the rate of N774.77/$1 at the end of trading on Tuesday.

Business·Oil & Gas

Seplat Energy Recommits To Safety, Environmental Sustainability

Seplat Energy Plc, a Nigerian independent energy company says its commitment to operational safety and environmental sustainability is a conscious one and remains unwavering. The Company achieved over 4.2 million hours without

PBA Reporter

2 years ago

Africa·Agro-Economy·Business

How Russia’s Withdrawal From Black Sea Grain Deal May Escalate Food Shortages In African Countries

The ongoing crisis between Russia and Ukraine has continued to pose a significant negative impact on the global economy with supply chain disruptions on countries that depend on imports from the two

Victor Ezeja

2 years ago

Business·Oil & Gas

Seplat Operating Profit Falls By 51.7%, Records $33.8m Net Loss

The naira devaluation affected the operating profit of Seplat Energy in the first half (H1) of 2023, Prime Business Africa gathered. Seplat’s operating profit depreciated by 51.7 per cent or $126.90 million

Fakoyejo Olalekan

2 years ago

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Finance & Economy - Page 142

Top 15 African Countries With Strongest Currency Exchange Rate

Access Bank Serves Seplat Energy With Bankruptcy Court Order Against Orjiako

Gap Between Black Market, Official Window Dollar Rates Hits N120.56

Vessel Scarcity, Four Other Reasons Gas Prices Will Rise In Nigeria From Next Week

Dollar Rate Hits N782 In Official Window, N891 In Black Markets

Black Market Dollar Rate Rises, Official USD Hits N757.51

Subsidy Removal: NLC Requests For More Modular Refinery Licences In Edo

Seplat Energy Recommits To Safety, Environmental Sustainability

How Russia’s Withdrawal From Black Sea Grain Deal May Escalate Food Shortages In African Countries

Seplat Operating Profit Falls By 51.7%, Records $33.8m Net Loss

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