Finance & Economy - Page 176

Nigerians Groan As NNPCL Again Increases Pump Price of Petrol

Mele Kyari Reacts, As NNPC Limited Records N674 billion Profit In 12 Months

Over N674 billion has been declared as profit after tax for 2021 by the Nigerian National Petroleum Corporation (NNPC) Limited, which recently acquired Oando retail business, OVH Energy Marketing. The net profit

Fakoyejo Olalekan

2 years ago

Naira Strengthens To N1,576 As Dollar Supply Rises

Business·Currency

Dollar To Naira Exchange Rate: Dollar Rate Falls In Black Market After Independence Day

August 4, 2022 Dollar Rates Update: The cost of buying the United States dollar was down on Tuesday in the black market after the Independence Day holiday on Monday, but the scarcity

Fakoyejo Olalekan

2 years ago

Business·Currency

Nigeria’s Foreign Reserves Drop $2.20 billion, Increases Forex Problem

As at September 29, 2022, Nigeria’s foreign reserves fell to $38.318 billion, further compounding the scarcity of foreign exchange in the country’s official forex market. In the last Monetary Policy Meeting (MPR)

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar To Naira Exchange Rate: Traders Increase Dollar Price In Official Market, BDC Operators Drop Theirs

September 27, 2022 Dollar Rates Update: The Naira fell in the official foreign exchange market, Investors and Exporters window, on Tuesday, by -0.07%, as traders increased their asking price to sell a

Fakoyejo Olalekan

2 years ago

EU Approves New Round Of Sanctions Against Russia As Ukraine’s Invasion Anniversary Nears

Gas leaks From Russia’s Major Pipes Raise Concerns Of Sabotage, Harsh Winter In Europe

Leaks from Nord stream 1 and 2, the major gas pipelines from Russia to Europe has prompted questions and investigations of sabotage from European countries like Germany, Denmark, Poland and Sweden while

John Adoyi, PBA Journalism Mentee

2 years ago

NCDMB, BOI Launch $50m Fund For Oil Industry Manufacturing

Oil & Gas

Local Content: NCDMB Targets $14bn Return On Oil & Gas Industry Spend By 2027

In its quest to create jobs and boost the national economy through the implementation of the Local Content Law, the Nigerian Content Development and Monitoring Board (NCDMB) said it targets retaining $14

Victor Ezeja

2 years ago

Agro-Economy·Latest News

US Kicks Off $22m Project To Improve Cocoa Value Chain In Nigeria

The United States Department of Agriculture’s Food for Progress program has entered into a cooperative agreement with Lutheran World Relief to strengthen the cocoa value chain in Nigeria. The project is worth

PBA Reporter

2 years ago

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

Business·Currency

Dollar To Naira Exchange Rate: Cost Of Dollar Drops In Official Market, Hits N712 In Black Market

September 21, 2022 Dollar Rates Update: The United States’ dollar appreciated against the naira on Wednesday, after traders on the Investors and Exporters (I&E) window of the foreign exchange market increased the

Fakoyejo Olalekan

2 years ago

9mobile Rolls Out Special Roaming Offer For Nigerian Hajj Pilgrims

Business·Entrepreneurship·Latest News

‘The Hack’: 9mobile Targets Young Abuja Entrepreneurs

After a successful and well-attended debut in Lagos, 9mobile says it’s ready too move its mentorship programme, ‘The Hack’ to young entrepreneurs in Abuja on Friday September 30. ‘The Hack’ is a

PBA Reporter

2 years ago

IPMAN Asks FG To Partner With Illegal Refinery Operators In Creeks

Business·Oil & Gas

Nigeria Loses N877 billion, As It Struggles To Meet Crude Oil Production Target

The Executive Commissioner, Corporate Services and Administration of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Jide Adeola, said that Nigeria doesn’t meet its daily production target. According to Adeola, the country has a

Fakoyejo Olalekan

2 years ago

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Finance & Economy - Page 176

Mele Kyari Reacts, As NNPC Limited Records N674 billion Profit In 12 Months

Dollar To Naira Exchange Rate: Dollar Rate Falls In Black Market After Independence Day

Nigeria’s Foreign Reserves Drop $2.20 billion, Increases Forex Problem

Dollar To Naira Exchange Rate: Traders Increase Dollar Price In Official Market, BDC Operators Drop Theirs

Gas leaks From Russia’s Major Pipes Raise Concerns Of Sabotage, Harsh Winter In Europe

Local Content: NCDMB Targets $14bn Return On Oil & Gas Industry Spend By 2027

US Kicks Off $22m Project To Improve Cocoa Value Chain In Nigeria

Dollar To Naira Exchange Rate: Cost Of Dollar Drops In Official Market, Hits N712 In Black Market

‘The Hack’: 9mobile Targets Young Abuja Entrepreneurs

Nigeria Loses N877 billion, As It Struggles To Meet Crude Oil Production Target

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Naira-for-Crude Deal Faces Challenges As Dangote Refinery Criticises NNPCL Supply Shortfall

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Investors Lose N208bn As Key Index Declines On Equity Market

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