Finance & Economy - Page 183

IMF Doles Out $235.6 Million Budget-Support Loan For Kenya

The Executive Board of the International Monetary Fund (IMF) has approved a $235.6 million loan disbursement to Kenya. It is understood that the loan is the third installment for Kenya under

Queen Nwabueze

2 years ago

20 Topline African Countries With The Highest Benchmark Lending Rates

Business·Finance & Economy·Latest News

20 Topline African Countries With Highest Benchmark Lending Rates

If you’ve been keeping abreast with latest lending rates around the African continent, then you are probably aware that the Central Bank of Nigeria (CBN) has just raised the Monetary Policy Rate

Queen Nwabueze

2 years ago

Business·Oil & Gas

FG To Stop Funding NNPC Limited, As Pres. Buhari Reveals New Brand, Direction

The Nigerian National Petroleum Company (NNPC) Limited has officially been unveiled by President Muhammadu Buhari, as the era of the Nigerian National Petroleum Corporation comes to an end. President Buhari said the

Fakoyejo Olalekan

2 years ago

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Black Market Dollar To Naira Exchange Rate: Dollar Rate Rises In Official Market, Euro, Pound Crashes

July 15, 2022 Dollar Update: The United States currency gained against the naira on Friday in the official market, while it appreciated against the Euro and Pounds, the Investors and Exporters (I&E)

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

Oando, MRS Increases Fuel Price, Risk Losing Operational License Amid Gov’t Threat

Oando, MRS, and some filling stations have began selling Premium Motor Sprirt (PMS) above N165, three weeks after the Federal Government threatened to revoke license of firms that hike fuel price. Prime

Fakoyejo Olalekan

2 years ago

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Black Market Dollar To Naira Exchange Rate: CBN’s Official Forex Market Increases Cost Of Buying Dollar

July 14, 2022 Dollar Update: The naira to dollar exchange rate increased on Thursday at the Investors and Exporters window, which is the official foreign exchange market recognised by the Central Bank

Fakoyejo Olalekan

2 years ago

Naira Strengthens To N1,576 As Dollar Supply Rises

Business·Currency

Black Market Dollar To Naira Exchange Rate Today: Again, Bureau De Change Operators Increase Rate

July 13, 2021 Dollar Rate Update: Nigeria’s legal tender, naira, continues to depreciate in value in the black market against the dollar, but the currency gained ground in the official foreign exchange

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

Nigeria Loses Largest African Oil Producer Status To Angola, As OPEC Reveals Country’s Problem

Nigeria has yet again lost its position as the largest oil producer in Africa, after producing less crude compared to Angola in June. This is the second months the country will fall

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar To Naira Exchange Rate: Bureau De Change Operators Increase Dollar Rate, Take Advantage Of Eid-el-Kabir Holiday

July 12, 2022 Dollar Rate Update: The naira depreciated on Tuesday at the black market, as the Bureau De Change operators increased their exchange rate for dollar, after close of official market

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

Nigerian Gov’t Stops Seplat Energy, ExxonMobil’s $1.28 billion Oil Deal

Seplat Energy Plc’s plan to acquire ExxonMobil’s shallow water business in Nigeria, Mobil Producing Nigeria Unlimited (MPNU), has hit the rock following a lawsuit filed by the Nigerian National Petroleum Company (NNPC)

Fakoyejo Olalekan

2 years ago

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Finance & Economy - Page 183

IMF Doles Out $235.6 Million Budget-Support Loan For Kenya

20 Topline African Countries With Highest Benchmark Lending Rates

FG To Stop Funding NNPC Limited, As Pres. Buhari Reveals New Brand, Direction

Black Market Dollar To Naira Exchange Rate: Dollar Rate Rises In Official Market, Euro, Pound Crashes

Oando, MRS Increases Fuel Price, Risk Losing Operational License Amid Gov’t Threat

Black Market Dollar To Naira Exchange Rate: CBN’s Official Forex Market Increases Cost Of Buying Dollar

Black Market Dollar To Naira Exchange Rate Today: Again, Bureau De Change Operators Increase Rate

Nigeria Loses Largest African Oil Producer Status To Angola, As OPEC Reveals Country’s Problem

Dollar To Naira Exchange Rate: Bureau De Change Operators Increase Dollar Rate, Take Advantage Of Eid-el-Kabir Holiday

Nigerian Gov’t Stops Seplat Energy, ExxonMobil’s $1.28 billion Oil Deal

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