Finance & Economy - Page 185

Naira Ends Week With Marginal Gain Against Dollar

Dollar Rate: Gap Between Official, Black Markets Rises To 61.3%

The dollar rate rose in the Bureau De Change window of the black market on Tuesday, 24 January 2023, as the naira weakened by -1.07 per cent. It was learnt that the

Fakoyejo Olalekan

January 24, 2023

Business·Finance & Economy

Inflation And Poverty In Nigeria: Explainer

1. Understanding Inflation Inflation is one of the most used expressions in discussions about the economy. Yet the idea is often misunderstood. Although there are several schools of thought on inflation, economists

Kingsley Moghalu and Damian Kalu Ude

January 23, 2023

Africa·Finance & Economy

Africa: ‘Realising Benefits Of AfCFTA Agreement Lies In Implementation’

Realisation of the benefits of the African Continental Free Trade Area (AfCFTA) agreement lies in commitment and diligent implementation of it by African nations, say global economic leaders. Acting Executive Secretary, Economic

Victor Ezeja

January 23, 2023

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

Business·Currency

Naira Faces Biggest Devaluation, Loses To Dollar, Others

In the Investors and Exporters window of the official market, the exchange rate between the naira and the dollar depreciated by 0.05 per cent or N0.25 kobo on Friday, 20 January 2023.

Fakoyejo Olalekan

January 23, 2023

Breaking: NNPC Increases Fuel Price, Filling Stations Now Selling At N500

Business·Oil & Gas

Petrol May Hit N800 Per Litre – Oil Marketers Give Reasons

The Secretary, Independent Petroleum Marketers Association of Nigeria (IPMAN), Abuja-Suleja, Mohammed Shuaibu, has disclosed that the cost of Premium Motor Spirit (PMS) could rise to N800/litre even as petrol scarcity persists. According

Fakoyejo Olalekan

January 23, 2023

How Strong Competitive Market Will Stabilise Fuel Price In Nigeria

Business·FEATURES·Insights·Oil & Gas

Top Five Nigerian Oil Companies By Revenue Market Share

Despite the scarcity of Premium Motor Spirit (PMS) in 2022, which led to some retailers shutting down their outlets, the revenue generated by the oil sector grew by 32.61 per cent. According

Fakoyejo Olalekan

January 23, 2023

PBA Taught Me There's Ability In Disability - Visually Impaired Journalist, Adoyi

Entrepreneurship·News

PBA Taught Me Ability In Disability – Visually Impaired Journalist, Adoyi

Prime Business Africa‘s visually-impaired student journalist, John Adoyi, has described how his enrollment in the newspaper’s Journalism Mentorship Programme (JoMP) has transformed his life since joining the organisation in 2022. Adoyi is

Victor Ezeja

January 22, 2023

Currency

New Naira: CBN Launches Cash Swap Programme For Rural/Underserved Areas

In line with its quest to ensure adequate circulation of the newly redesigned naira banknotes, the Central of Nigeria (CBN), has launched a cash-swap programme to serve people in rural and underserved

Victor Ezeja

January 21, 2023

Naira Records First Major Depreciation At Official Market In 2025

Business·Currency

High Demand Pushes Up Dollar Rate In Official Channel, Naira Gains In Black Market

The FMDQ Exchange disclosed that the official exchange rate between the naira and the dollar rose on Thursday, 19 January 2023, as the local currency closed weak. According to data published by

Fakoyejo Olalekan

January 20, 2023

Business·Oil & Gas

Oil Marketers Complain Of NNPC’s Handling Of Fuel Supply, As Petrol Hits N300 Per Litre

The Secretary of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abuja-Suleja, Mohammed Shuaibu, has revealed that the Nigerian National Petroleum Company (NNPC) Limited is yet to respond to their request for

Fakoyejo Olalekan

January 20, 2023

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Finance & Economy - Page 185

Dollar Rate: Gap Between Official, Black Markets Rises To 61.3%

Inflation And Poverty In Nigeria: Explainer

Africa: ‘Realising Benefits Of AfCFTA Agreement Lies In Implementation’

Naira Faces Biggest Devaluation, Loses To Dollar, Others

Petrol May Hit N800 Per Litre – Oil Marketers Give Reasons

Top Five Nigerian Oil Companies By Revenue Market Share

PBA Taught Me Ability In Disability – Visually Impaired Journalist, Adoyi

New Naira: CBN Launches Cash Swap Programme For Rural/Underserved Areas

High Demand Pushes Up Dollar Rate In Official Channel, Naira Gains In Black Market

Oil Marketers Complain Of NNPC’s Handling Of Fuel Supply, As Petrol Hits N300 Per Litre

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