Finance & Economy - Page 163

Dangote Refinery: Nigeria Can Save Over $3bn Annually From Petroleum Import – Obaseki

Nigeria can save over $3 billion annually from the importation of petroleum products when Dangote Refinery and Petrochemical plant comes into full operation, says Edo State Governor, Mr Godwin Obaseki. Obaseki, who

Victor Ezeja

May 23, 2023

Court Set Date To Hear Oando’s Scheme Of Arrangement For Minority Shares

Business·Oil & Gas

Court Sets Date To Hear Oando’s Scheme Of Arrangement For Minority Shares

Justice Aneke of the Federal High Court has adjourned the hearing of the Scheme Of Arrangement for the acquisition of shares held by Oando’s minority shareholders. Prime Business Africa previously reported that

Fakoyejo Olalekan

May 23, 2023

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Black Market Naira To Dollar Rate Falls, USD Cost Rises In Official Market

The Naira to Dollar rate closed Monday’s official foreign exchange market at N463.5 kobo/$1, with the Nigerian currency depreciating by 0.10 per cent. Investors and exporters were offered the Dollar at N0.5

Fakoyejo Olalekan

May 23, 2023

Business·Oil & Gas

Dangote Refinery, Game Changer For Nigeria’s Economy – Buhari

President Muhammadu Buhari has described the Dangote Petroleum Refinery as a game-changer for Nigeria’s economy. The president stated this on Monday, 22 May 2023, while commissioning the refinery located in Ibeju-Lekki, Lagos.

Victor Ezeja

May 22, 2023

Business·Currency

Dollar Sells At N463 In Official Market, Black Market Traders Buy At N759

The Dollar rate was static in the official market, as traders in the investors’ and exporters’ window traded fewer foreign exchange on Friday. At the end of trading, according to data obtained

Fakoyejo Olalekan

May 22, 2023

News·Oil & Gas

Over $50bn Oil Industry Projects Unveiled at NOGOF- Wabote

Oil and gas opportunities valued over $50 billion and projected to be developed within five years were showcased by international and indigenous companies at the 2023 Nigerian Oil and Gas Opportunity Fair

PBA Reporter

May 21, 2023

Africa·Agro-Economy·News

African Food: HOMEF Makes Case For Promotion Of Local Healthy Diets

In the midst of the increasing adoption of foreign delicacies, the Health of Mother Earth Foundation (HOMEF), has embarked on a project to raise awareness about the need for Africans to begin

Victor Ezeja

May 21, 2023

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Investors, Exporters Buy Dollars At Lower Rate, As Naira Value Rises

In the official market on Thursday, 19 May, traders saw the foreign exchange (Forex) rate between the Naira and the Dollar end at N463/$1. This contrasted with the N465.13/$1 both currencies traded

Fakoyejo Olalekan

May 19, 2023

Business·Entrepreneurship

Polaris Bank Supports Female-owned Businesses With N1bn Loans

Polaris Bank has announced the disbursement of business support loans to female-owned businesses in the first quarter of 2023. This is part of the Bank’s commitment to supporting women and female-owned businesses

Victor Ezeja

May 19, 2023

Business·Currency

Dollar Rate Rises, As Senate Orders CBN To Release $717.47 million

Investors and exporters were offered the Dollar at the rate of N465.13 kobo/$1 on Wednesday, according to FMDQ Exchange data. This was the closing rate of the Naira to Dollar exchange in

Fakoyejo Olalekan

May 18, 2023

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Finance & Economy - Page 163

Dangote Refinery: Nigeria Can Save Over $3bn Annually From Petroleum Import – Obaseki

Court Sets Date To Hear Oando’s Scheme Of Arrangement For Minority Shares

Black Market Naira To Dollar Rate Falls, USD Cost Rises In Official Market

Dangote Refinery, Game Changer For Nigeria’s Economy – Buhari

Dollar Sells At N463 In Official Market, Black Market Traders Buy At N759

Over $50bn Oil Industry Projects Unveiled at NOGOF- Wabote

African Food: HOMEF Makes Case For Promotion Of Local Healthy Diets

Investors, Exporters Buy Dollars At Lower Rate, As Naira Value Rises

Polaris Bank Supports Female-owned Businesses With N1bn Loans

Dollar Rate Rises, As Senate Orders CBN To Release $717.47 million

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