Finance & Economy - Page 174

Naira Ends Week With N59.71 Gain At Official Market

Bank Of America Makes New Prediction For Official Naira Rate, As BDC Sells At N742

The exchange rate between the United States’ dollar and Nigeria’s naira has been projected to rise to N520/$1 next year, indicating the naira will extend its devaluation run into 2023. According to

Fakoyejo Olalekan

2 years ago

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business·Oil & Gas

Ardova Reacts To Alleged Dispute With Femi Otedola’s Firm Amid Court Case

Ardova Plc has stated that the court victory of Zenon Petroleum and Gas Limited over Ignite Investment Limited doesn’t affect the firm. In a statement released on Wednesday, Ardova said the victory

Fakoyejo Olalekan

2 years ago

More Woes For Nigerians As Cooking Gas Price Rises By 70%

Business·Oil & Gas

Cooking Gas Price Heading For N10,000, After Flood Forces NLNG To Shutdown Operation

The Nigeria Liquefied and Natural Gas (NLNG) has declared force majeure following the flood that as ransacked 27 of Nigeria’s 36 states in one month, and this could lead to cooking gas

Fakoyejo Olalekan

2 years ago

Peter Obi Reveals Why UK Gov't Shutdown His 'Next' Company

Business·Oil & Gas

Peter Obi Says Oil Subsidy An Organised Crime, After Buhari Budget’s N3.6 trillion For Payment

The presidential candidate of Labour Party, Peter Obi, has described subsidy as an organised crime, reiterating his view against subsidy payment which has continued to gulp Nigeria’s revenue. His statement comes weeks

Fakoyejo Olalekan

2 years ago

Naira Strengthens To N1,576 As Dollar Supply Rises

Business·Currency

Bureau De Change Operators Expect Dollar Rate To Rise Above N730 Due To CBN’s Policy

The policies of the Central Bank of Nigeria (CBN) under Godwin Emefiele have been blamed by the Association of Bureau De Change Operators of Nigeria (ABCON) for the hike in dollar rate.

Fakoyejo Olalekan

2 years ago

IPMAN Asks FG To Partner With Illegal Refinery Operators In Creeks

Business·Oil & Gas

SERAP Demands Pres. Buhari Reveals Names Behind Crude Theft Or Face Lawsuit

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to list the names of suspects involved in crude theft, as poor Nigerians are paying for their crime. In a

Fakoyejo Olalekan

2 years ago

Sanusi Backs Tinubu’s Decision On Emefiele, Others, Says Investors Happy With Policies

Business·Oil & Gas

Scrap ‘Money Pit’ NNPC – Sanusi Backs Gov. El-Rufai

The former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido, has joined Kaduna State Governor, Nasir El-Rufai, to demand for the scraping of the Nigerian National Petroleum Company Limited (NNPC).

Fakoyejo Olalekan

2 years ago

NNPC Has Not Added N20,000 To Federation Account This Year – El-Rufai Says

Business·Oil & Gas

El-Rufai Is Confused – NNPC Limited Slams Kaduna Governor Over Oil Comment

The Nigerian National Petroleum Company, NNPC, Limited has countered the claims made by Governor Nasir El-Rufai of Kaduna State regarding the performance of the oil firm. Prime Business Africa had reported El-Rufai

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar To Naira Exchange Rate: Dollar Gets New Rate, As Demand Overwhelms Black Market, I&E

October 14, 2022 Dollar Rates Update: The cost of buying one dollar at the black market depreciated to N731/$1 on Friday, as the Bureau De Change operators dropped their asking price earlier

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar To Naira Exchange Rate: Bureau De Change Operators Raise Dollar Rate

October 13, 2022 Dollar Rates Update: On Thursday, the Bureau De Change operators increased the price to buy one dollar, as demand pressure returns to the black market, amid scarcity of forex

Fakoyejo Olalekan

2 years ago

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Finance & Economy - Page 174

Bank Of America Makes New Prediction For Official Naira Rate, As BDC Sells At N742

Ardova Reacts To Alleged Dispute With Femi Otedola’s Firm Amid Court Case

Cooking Gas Price Heading For N10,000, After Flood Forces NLNG To Shutdown Operation

Peter Obi Says Oil Subsidy An Organised Crime, After Buhari Budget’s N3.6 trillion For Payment

Bureau De Change Operators Expect Dollar Rate To Rise Above N730 Due To CBN’s Policy

SERAP Demands Pres. Buhari Reveals Names Behind Crude Theft Or Face Lawsuit

Scrap ‘Money Pit’ NNPC – Sanusi Backs Gov. El-Rufai

El-Rufai Is Confused – NNPC Limited Slams Kaduna Governor Over Oil Comment

Dollar To Naira Exchange Rate: Dollar Gets New Rate, As Demand Overwhelms Black Market, I&E

Dollar To Naira Exchange Rate: Bureau De Change Operators Raise Dollar Rate

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