Finance & Economy - Page 19

CBN Raises Benchmark Interest Rate To 26.75% Amid Soaring Inflation

Inflation: CBN Raises Interest Rate To 27.5%

In response to the resurgence of inflationary pressure on Nigeria’s economy, the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC), has again raised the Monetary Policy Rate (MPR), also known as

Victor Ezeja

3 months ago

NNPCL Announces Resumption Of Production At PH Refinery

Business·Latest News·Oil & Gas

NNPCL Announces Resumption Of Production At Port Harcourt Refinery

The Nigeria National Petroleum Company Limited (NNPCL) on Tuesday announced that the Port Harcourt Refinery has finally begun production of refined petroleum products. A video shared on social media showed trucks driving

Victor Ezeja

3 months ago

Nigerian Naira Vs Dollar: What To Expect In March

Business·Currency·Latest News·Markets

Naira Slips To ₦1,675 Per Dollar At Official Market

The naira opened the new week on a negative note as it depreciated at the official market. The exchange rate rose to ₦1675.62 per dollar at the close of trading on Monday,

Victor Ezeja

3 months ago

Work Ongoing On Port Harcourt Refinery’s 150,000bpd Plant – Presidency

Business·FEATURES·Latest News·Oil & Gas

Nigeria’s Refinery Privatisation: A Step Toward Energy Security?

Restructuring Nigeria’s Energy Backbone For over 40 years, Nigeria’s state-owned refineries have largely remained dormant. Despite injecting trillions of naira into maintenance, the facilities in Port Harcourt, Warri, and Kaduna have failed

Emmanuel Ochayi

3 months ago

Port Harcourt, Warri Refineries To Be Privatized- Nigerian Govt

Business·Latest News·Oil & Gas

Port Harcourt, Warri Refineries To Be Privatised- Nigerian Govt

Key Move to Address Petrol Supply Challenges The Nigerian presidency has announced a decisive move to privatise the country’s state-owned refineries, including the Port Harcourt, Warri, and Kaduna facilities. The plan aims

Emmanuel Ochayi

3 months ago

Dangote Refinery To Supply 28m Litres Daily Amid Petrol Price Cut

Business·Latest News·Oil & Gas

Dangote Refinery To Supply 28m Litres Daily To Domestic Market

Oil Marketers Sign Six-Month Agreement with Dangote Refinery Oil marketers have finalised a six-month agreement with Dangote Refinery to supply 28 million litres of petrol daily, ensuring consistent domestic availability. The $20

Emmanuel Ochayi

3 months ago

NUPRC Data Contradicts NNPC’s 1.8m bpd Celebrated Output Figures, Indicates 1.53m Daily Production

Business·FEATURES·Latest News·Oil & Gas

Production Puzzles: Confusion Over NUPRC’s 1.538m bpd Data vs. NNPC’s 1.8m Claim

Contradictory Figures Emerge Nigeria’s crude oil production data has once again brought confusion to the industry. While the Nigerian National Petroleum Company Limited (NNPC) celebrated a daily output of 1.8 million barrels

Emmanuel Ochayi

3 months ago

JUST IN: Dangote Refinery Cuts Petrol Price by ₦65 Ahead of Ramadan

Business·Latest News·Oil & Gas·Top Stories

Dangote Refinery: Revolution Or Restriction For Nigeria’s Oil Market?

The recent directive from the Nigerian National Petroleum Company Limited (NNPC) to oil marketers has sparked conversations about the future of fuel supply in Nigeria. The directive mandates that petrol importation be

Emmanuel Ochayi

3 months ago

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th October 2024

Business·Currency·Latest News·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th November 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market

Victor Ezeja

3 months ago

Dangote Refinery: Mixed Reactions Among Marketers On Advance Payments For Petrol

Business·FEATURES·Latest News·Oil & Gas

Mixed Reactions As Dangote Refinery Lowers Petrol Ex-Depot Price To N970 From N990

The Dangote Refinery has announced a reduction in the ex-depot price of petrol from N990 to N970 per litre. While the change aims to alleviate financial strain on Nigerians, it has elicited

Emmanuel Ochayi

3 months ago

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Finance & Economy - Page 19

Inflation: CBN Raises Interest Rate To 27.5%

NNPCL Announces Resumption Of Production At Port Harcourt Refinery

Naira Slips To ₦1,675 Per Dollar At Official Market

Nigeria’s Refinery Privatisation: A Step Toward Energy Security?

Port Harcourt, Warri Refineries To Be Privatised- Nigerian Govt

Dangote Refinery To Supply 28m Litres Daily To Domestic Market

Production Puzzles: Confusion Over NUPRC’s 1.538m bpd Data vs. NNPC’s 1.8m Claim

Dangote Refinery: Revolution Or Restriction For Nigeria’s Oil Market?

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th November 2024

Mixed Reactions As Dangote Refinery Lowers Petrol Ex-Depot Price To N970 From N990

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