Finance & Economy - Page 165

61 Oil Firms Access $293.26m Of $300m NCDMB Intervention Fund

Sixty one companies in the oil and sector have accessed a total of $293.26 million (N32.8 billion) out of $300 million Nigerian Content Intervention Fund (NCIF) as at November 2022.

Victor Ezeja

2 years ago

Business·Currency

Dollar Rate Depreciates In Black Market Amid CBN’s Controversial Naira Policies

The naira gained against the dollar in the black market on Monday but depreciated in the official market on Friday based on exchange rate data obtained from FMDQ. Prime Business Africa gathered

Fakoyejo Olalekan

2 years ago

Business·Latest News·Oil & Gas·Top Stories

Fuel Scarcity: ‘Our Experience In Agbara, Egbeda, Badagry’

Amid the alleged rationing of the days of selling petrol among some petroleum products marketers who have formed cartels, Prime Business Africa can report that the fuel scarcity that has bit hard

Izuchukwu Okosi

2 years ago

Oil & Gas

Black Marketers Continue To Cash Out As Fuel Scarcity Bites Harder

The average Nigerian motorist and, indeed, every Nigerian are grappling with the lingering nationwide fuel scarcity that has refused to go away. The scarcity, particularly of Premium Motor Spirit (PMS), has paved

Bisina Somto, PBA Journalism Mentee

2 years ago

Naira Slips Again As Dollar Supply Drops

Business·Currency·Top Stories

Black Market Dollar Rate Jumps Amid Scarcity Of New Naira Notes

In the Bureau De Change window of the black market, the dollar maintained its dominance over the naira after appreciating by 1.34 per cent on December 15, 2022. The exchange rate between

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar Rate Rises As Newly Redesigned Naira Notes Enter Circulation

The foreign exchange (forex) rate between the naira and the United States dollar appreciated in the official and black market on December 14, 2022. Prime Business Africa reports that traders across the

Fakoyejo Olalekan

2 years ago

Agro-Economy·Latest News

Top 6 Lucrative Agro-business Ideas

Agrobusiness is an economic sector that includes agriculture and agriculture-related commercial activities. It includes all the steps required to bring agricultural products to market: production, processing and distribution. This industry is an

Aka Ekene, PBA Journalism Mentee

2 years ago

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Currency

Black Market Increases Dollar Rate Amid Probe Of CBN’s Cash Withdrawal Policy

The FMDQ Securities Exchange has revealed that the dollar rate in the Investors and Exporters (I&E) window of the official market rose 0.09 per cent. Prime Business Africa gathered from FMDQ Securities

Fakoyejo Olalekan

2 years ago

Benefits Of Blockchain Technology

What would you say is the major benefits of blockchain! Based on its ability to fundamentally alter how we handle, analyze, and store data, blockchain technology has grown in popularity in recent

Aka Ekene, PBA Journalism Mentee

2 years ago

Nigeria Week Ahead: CBN Rate Decision, Inflation & Oil in Focus

Business·Oil & Gas

Nigeria Reclaims Largest Oil Producer Spot, Produces $3.09 billion Worth Of Crude

Nigeria reclaimed its top spot as Africa’s largest oil producer in November, after relinquishing the position to Libya in the third quarter of this year. According to the latest oil market report

Fakoyejo Olalekan

2 years ago

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Finance & Economy - Page 165

61 Oil Firms Access $293.26m Of $300m NCDMB Intervention Fund

Dollar Rate Depreciates In Black Market Amid CBN’s Controversial Naira Policies

Fuel Scarcity: ‘Our Experience In Agbara, Egbeda, Badagry’

Black Marketers Continue To Cash Out As Fuel Scarcity Bites Harder

Black Market Dollar Rate Jumps Amid Scarcity Of New Naira Notes

Dollar Rate Rises As Newly Redesigned Naira Notes Enter Circulation

Top 6 Lucrative Agro-business Ideas

Black Market Increases Dollar Rate Amid Probe Of CBN’s Cash Withdrawal Policy

Benefits Of Blockchain Technology

Nigeria Reclaims Largest Oil Producer Spot, Produces $3.09 billion Worth Of Crude

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