Finance & Economy - Page 183

Buhari Charges MOFI Board To Grow FG’s Assets To ₦100trn In 10 Years

President Muhammadu Buhari, Wednesday in State House, Abuja, charged the Ministry of Finance Incorporated (MOFI) to grow its Assets Under Management from the current value of ₦18 trillion to at least ₦100

PBA Reporter

February 1, 2023

Hamas Attack On Israel, Rising Tensions Surge Oil Prices

Business·Oil & Gas

Oil Price Rises, As Nigeria’s Failure To Meet Quota Drags OPEC Output Down

Despite Nigeria claiming the spot of the largest crude oil producer in Africa, it failed to meet its quota in January 2023, as agreed with members of Organisation of the Petroleum Exporting

Fakoyejo Olalekan

February 1, 2023

Edo Receives 784,000 Litres Of Fuel As Task Force Set To Begin Monitoring Distribution, Pricing

News·Oil & Gas

Fuel Scarcity: Edo Receives 784,000 Litres Of Petrol, Task Force Set To Monitor Distribution, Pricing

Edo State Government has said it is stepping up efforts to find lasting solutions to distribution challenges and price hikes of petroleum products in the state, noting that the state has received

Victor Ezeja

February 1, 2023

Currency·News

EFCC Arrests Racketeers Of New Naira Notes

Operatives of the Economic and Financial Crimes Commission (EFCC), have arrested members of a syndicate of currency racketeers hoarding and trading with the redesigned Naira notes. According to a statement by the

PBA Reporter

February 1, 2023

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

Oil & Gas

NCDMB Pledges Continuous Support To Local Content Development In Africa

The Nigerian Content Development and Monitoring Board (NCDMB) is ever ready to support other African nations in developing and implementing local content policies as a strategy for improving indigenous participation and value

PBA Reporter

January 31, 2023

Naira Records First Major Depreciation At Official Market In 2025

Business·Currency

Naira Gains Against Dollar, As Exchange Rate Falls In Black Market, Official Window

The exchange rate between the Naira and the United States Dollar (USD) depreciated on Monday, 30, January, 2023, on the back of a stronger local currency. According to the exchange rate data

Fakoyejo Olalekan

January 31, 2023

News·Oil & Gas

Fuel Scarcity Protest In Edo Enters Day 2, As Youths Block Benin-Lagos Expressway

Protest over fuel scarcity which started in parts of Edo State on Monday morning, entered Tuesday, with angry youths blocking major roads in the state including the Benin-Lagos Expressway. A video of

Victor Ezeja

January 31, 2023

Business·Currency

Video: New Naira Scarcity Forces Nigerians To Fight At ATMs

The biting scarcity of the new naira notes, worsened by the deadline set by the Central Bank of Nigeria (CBN), has forced Nigerians to fight at the Automated Teller Machine point in

Victor Ezeja

January 31, 2023

KPMG Makes Naira Projection After Foreign Capital Importation Drops To $1.06 billion

Finance & Economy

‘Naira Redesign Can’t Bring Down Inflation, Will Impact Economy Negatively’

The Naira redesign policy introduced by the Central Bank of Nigeria will have no impact in reducing inflation rate in Nigeria economic system, says Dr Muda Yusuf, founder of the Centre for

Victor Ezeja

January 30, 2023

Currency

Naira Redesign: Commuters Stranded As Traders, Artisans Reject Old Notes In Enugu

By Ndidiamaka Ede & Makwe Nkiruka The unavailability of the new naira notes has caused palpable uneasiness among commuters in parts of Enugu State. Traders, artisans, and POS operators have stopped collecting

Ndidiamaka Ede, PBA Journalism Mentee and Makwe Nkiruka, PBA Journalism Mentee

January 29, 2023

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Finance & Economy - Page 183

Buhari Charges MOFI Board To Grow FG’s Assets To ₦100trn In 10 Years

Oil Price Rises, As Nigeria’s Failure To Meet Quota Drags OPEC Output Down

Fuel Scarcity: Edo Receives 784,000 Litres Of Petrol, Task Force Set To Monitor Distribution, Pricing

EFCC Arrests Racketeers Of New Naira Notes

NCDMB Pledges Continuous Support To Local Content Development In Africa

Naira Gains Against Dollar, As Exchange Rate Falls In Black Market, Official Window

Fuel Scarcity Protest In Edo Enters Day 2, As Youths Block Benin-Lagos Expressway

Video: New Naira Scarcity Forces Nigerians To Fight At ATMs

‘Naira Redesign Can’t Bring Down Inflation, Will Impact Economy Negatively’

Naira Redesign: Commuters Stranded As Traders, Artisans Reject Old Notes In Enugu

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