Finance & Economy - Page 171

Nigeria's Debt Crisis Deepens With 183% Debt Service To Revenue Ratio

5 African Countries Facing Serious Debt Crisis In 2023

Over the past few years, developing nations have been grappling escalating debt levels, facing a multitude of macroeconomic hurdles which limit their ability to service these debts and promote sustainable growth. Often,

Aka Ekene, PBA Journalism Mentee

April 8, 2023

Naira Appreciates Against Dollar At Official, Black Market

Business·Currency

Dollar Rate Falls, As Naira Faces Devaluation Pressure

FMDQ Exchange, the platform that tracks the official foreign exchange (Forex) rate between the Naira and the Dollar has disclosed that the forex rate fell to N463.25/$1 on Thursday, 6 April 2023.

Fakoyejo Olalekan

April 7, 2023

Business·Oil & Gas

NNPC Boss Addresses Impact Of Shell, ExxonMobil, Others’ Exit On Nigeria

The Nigerian National Petroleum Company (NNPC) Limited has stated that the exit of International Oil Companies (IOCs) will not end the country’s exploration of hydrocarbon resources. Some foreign oil companies in Nigeria

Fakoyejo Olalekan

April 7, 2023

NNPCL Denies Inflating Fuel Subsidy Payments

Business·Oil & Gas

Senate Queries NNPC Over Missing N102.6 billion Oil Sales

The Senate has disclosed that the Nigerian National Petroleum Corporation (NNPC) Limited failed to account for the N102.6 billion crude oil lifted to two refineries in Nigeria. According to the Senate Committee

Fakoyejo Olalekan

April 7, 2023

Business·Oil & Gas

Court Frees Seplat’s Roger Brown From Restriction Amid Faceoff With Shareholders

Seplat Energy reported on Thursday, 6 April 2023, that the ex parte interim order against its Chief Executive Officer, Roger Brown, has been vacated by the Federal High Court in Lagos. According

Fakoyejo Olalekan

April 6, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Dollar Rate Rises By N0.45 kobo, As Naira Devaluation Continues

On Wednesday, 5 April 2023, the Dollar rate closed trading at N463.75 kobo, as the Naira depreciated in value by –0.09 per cent in the official market. According to data obtained from

Fakoyejo Olalekan

April 6, 2023

Business·Currency

Dollar Rate Up In Official Market, As Naira Drops In Value

The exchange rate between the Naira and Dollar settled at N463.50/$1 on Monday, 3 March 2023, as the Nigerian currency depreciated in value by 0.45 per cent in the official market. Prime

Fakoyejo Olalekan

April 4, 2023

Buhari Expresses Grief Over Niger State Boat Tragedy

Business·Oil & Gas

Oil Firm Boss, Tunji Oyebanji, Warns FG Against Fuel Subsidy Removal

The Federal Government has been warned by the Managing Director of 11 Plc, formerly Mobil Oil Nigeria Plc, Tunji Oyebanji, of the impact fuel subsidy removal will have on Nigerians. Oyebanji said

Fakoyejo Olalekan

April 3, 2023

Business·News·Oil & Gas

Century Energy, ELI Join Forces To Run ELI AKASO Terminal In OML18

Century Energy Group (CG) on Sunday announced partnership with Energy Link Infrastructure (Malta) Limited (ELI) for the completion, operations and maintenance of the ELI AKASO floating storage and offloading (FSO) terminal in

Aka Ekene, PBA Journalism Mentee

April 3, 2023

Entrepreneurship·Top Stories

Somachi Chris-Asoluka: New CEO Of Tony Elumelu Foundation

Over the past decade, the Tony Elumelu Foundation has unwaveringly dedicated itself to the noble vision of promoting entrepreneurship as a transformative force for the African continent. As part of its ongoing

Aka Ekene, PBA Journalism Mentee

April 1, 2023

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Finance & Economy - Page 171

5 African Countries Facing Serious Debt Crisis In 2023

Dollar Rate Falls, As Naira Faces Devaluation Pressure

NNPC Boss Addresses Impact Of Shell, ExxonMobil, Others’ Exit On Nigeria

Senate Queries NNPC Over Missing N102.6 billion Oil Sales

Court Frees Seplat’s Roger Brown From Restriction Amid Faceoff With Shareholders

Dollar Rate Rises By N0.45 kobo, As Naira Devaluation Continues

Dollar Rate Up In Official Market, As Naira Drops In Value

Oil Firm Boss, Tunji Oyebanji, Warns FG Against Fuel Subsidy Removal

Century Energy, ELI Join Forces To Run ELI AKASO Terminal In OML18

Somachi Chris-Asoluka: New CEO Of Tony Elumelu Foundation

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