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Finance & Economy - Page 146

25 Inspiring Quotes from Successful African Entrepreneurs in 2025

As Africa’s entrepreneurial ecosystem continues to mature and expand, 2025 has been a year of remarkable insights from the continent’s business leaders. From fintech pioneers to climate tech innovators, these entrepreneurs are not just building companies, they’re reshaping Africa’s economic future. Here

January 22, 2026

Business·Finance & Economy·News

Just In: CBN Halts New Loan Applications For Intervention Programme

The Central Bank of Nigeria (CBN) has halted the acceptance of new loan applications under its Development Finance Intervention Programme, signaling a transition in its operational strategy. In a circular addressed to bank Chief Executives, Sa’ad Hamidu, Acting Director of the Development

December 13, 2023

Business·Oil & Gas

Nigeria Optimistic On Achieving 1.7mpd Crude Despite November Output Drop

The Nigerian government has expressed optimism that the country will reach and exceed the benchmark for the 2024 crude oil budget of 1.7 million barrels per barrel despite a slight decrease in oil output in November 2023.

December 13, 2023

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business·Currency·News

Experts Advocate Shift In Naira Policy As Currency Falls Marginally To N1186/$1

The Nigerian naira experienced a marginal dip against the U.S. dollar on Tuesday, registering an intraday high of N1186/$1 across both official and parallel markets. This slight decline comes after a rebound on Monday, where the currency appreciated notably at the official

December 13, 2023

Business·News·Oil & Gas

NNPC Reveals 127 Incidents Of Crude Oil Thefts In 1 Week

Amidst escalating concerns, Nigerian National Petroleum Company Limited (NNPCL) has revealed 127 incidents of crude oil theft between December 2 and 8 within the oil-producing regions This was revealed through a report shared on Tuesday. In a candid acknowledgment of the intensifying

December 12, 2023

#EndBadGovernance Protests: PDP Criticises Tinubu's Silence, Demands Immediate Response

Oil & Gas·World News

Nigeria Now Competing With Russia On Energy Supply To Europe – Tinubu Tells The World

President Bola Tinubu on Tuesday expressed Nigeria’s preparedness to participate in friendly competitions in the international market for the supply of renewable energy as a way of diversifying the country’s economy. The Nigerian leader expressed this ambition in an op-ed published on

December 12, 2023

Kaduna Refinery: The Role Of Local Refining In Nigeria's Fuel Economy

Business·News·Oil & Gas

Ex-NNPC Executive Foresees Economic Boost, Environmental Concerns From Dangote Refinery

Dr. Godswill Ihetu, a former top executive at NNPC Limited and Nigeria LNG Limited, provided insights into the impending impact of the Dangote Refinery on Nigeria’s economy. “The commissioning process is underway, but we’re yet to witness the debut of products in

December 12, 2023

Business·FEATURES·Finance & Economy·News

Nigeria’s Moody’s Rating Upgrade: A Testament To Reform’s Impact- Analyst

Moody’s Investors Service, a globally recognized rating agency, shifted Nigeria’s credit outlook from stable to positive, marking a potential turning point in the nation’s fiscal and external trajectory due to robust governmental reforms. According to Prime Business Africa, this shift, announced on

December 11, 2023

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Business·Currency·News

Naira Bounces Back, Appreciates To N864/ $1 In Official Market

In a turn of events, the Naira staged a comeback against the dollar, marking a 27.16% appreciation at the official market on Monday, December 11th, 2023. Following its historical low just days ago, the local currency closed at N864.29 to a dollar,

December 11, 2023

Economy: Don’t Suffocate Businesses, CPPE Warns Regulatory Agencies

Business·Currency·News

CPPE Urges CBN To Reconsider Exchange Rate Surge For Sustainable Economic Growth

Dr. Muda Yusuf, CEO of the Centre for Promotion of Private Enterprise (CPPE), raised concerns over the Central Bank’s decision to elevate the customs exchange rate, emphasizing the potential detrimental impact on businesses and citizens alike. “Such a move worsens our production

December 11, 2023

Business·News·Oil & Gas

Eterna Plc, TotalEnergies, MRS Oil Forecast N290bn Revenue In Q1 2024 Amidst Market Surge

In a bold toward Q1 2024, three major oil and gas entities—Eterna Plc, TotalEnergies Marketing Nigeria Plc, and MRS Oil—have revealed projections totaling N290 billion in revenue, as disclosed in their earnings forecast filed with the Nigerian Exchange Limited. Eterna Plc eyes

December 11, 2023

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Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies

Behind the Geregu Power Sale: Politics and a $750m Deal

The sale of Geregu Power, one of Nigeria’s largest electricity

Recapitalisation: UBA Extends Deadline For Rights Issue

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

United Bank for Africa (UBA) has successfully concluded its rights

GivTrade Secures UAE SCA Category 5 Licence

GivTrade, an international multi-asset brokerage providing access to global markets

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Finance & Economy - Page 146

25 Inspiring Quotes from Successful African Entrepreneurs in 2025

Just In: CBN Halts New Loan Applications For Intervention Programme

Nigeria Optimistic On Achieving 1.7mpd Crude Despite November Output Drop

Experts Advocate Shift In Naira Policy As Currency Falls Marginally To N1186/$1

NNPC Reveals 127 Incidents Of Crude Oil Thefts In 1 Week

Nigeria Now Competing With Russia On Energy Supply To Europe – Tinubu Tells The World

Ex-NNPC Executive Foresees Economic Boost, Environmental Concerns From Dangote Refinery

Nigeria’s Moody’s Rating Upgrade: A Testament To Reform’s Impact- Analyst

Naira Bounces Back, Appreciates To N864/ $1 In Official Market

CPPE Urges CBN To Reconsider Exchange Rate Surge For Sustainable Economic Growth

Eterna Plc, TotalEnergies, MRS Oil Forecast N290bn Revenue In Q1 2024 Amidst Market Surge

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CBN, Policy Shifts and Economy

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U.S. Officially Withdraws from WHO, Leaves $260m in Unpaid Dues as Agency Faces Deep Cuts

𝗥𝗶𝗴𝗵𝘁 𝗼𝗳 𝗥𝗲𝗽𝗹𝘆: 𝗢𝗻 “𝗧𝗵𝗲 𝗦𝗰𝗿𝗲𝘄𝗱𝗿𝗶𝘃𝗲𝗿 𝗦𝗮𝗹𝗲𝘀𝗺𝗮𝗻 𝗕𝗲𝗵𝗶𝗻𝗱 𝗧𝗿𝘂𝗺𝗽’𝘀 𝗔𝗶𝗿𝘀𝘁𝗿𝗶𝗸𝗲𝘀 𝗶𝗻 𝗡𝗶𝗴𝗲𝗿𝗶𝗮”

25 Inspiring Quotes from Successful African Entrepreneurs in 2025

Naira Appreciates Against Dollar, Pound, Depreciates Against Euro In Official Market

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Behind the Geregu Power Sale: Politics and a $750m Deal

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

GivTrade Secures UAE SCA Category 5 Licence

U.S. Officially Withdraws from WHO, Leaves $260m in Unpaid Dues as Agency Faces Deep Cuts

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Finance & Economy - Page 146

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