Finance & Economy - Page 198

Shelter Afrique Approves Additional $13m Credit Line To Mixta Africa

Pan-African housing development financier, Shelter Afrique, has approved $13 million line of credit to Lagos-based real estate firm, Mixta Real Estate PLC. The 5-year facility with a moratorium of 24 months has been structured

PBA Reporter

November 14, 2022

Naira Records First Major Depreciation At Official Market In 2025

Business·Currency

Dollar Rate Rises By N100 In Black Market, As Naira Ends Gain

The naira couldn’t hold on to the gains of last week, as the dollar rate increased by N100 in the black market, representing -17.6 per cent decline in the value of the

Fakoyejo Olalekan

November 14, 2022

Marketers Assure Petrol Price Drop, Zero Scarcity During Yuletide

Business·Oil & Gas

Petrol Pump Price May Hit N650 – Marketers

The National Operations Controller of the Independent Petroleum Marketers Association of Nigeria (lPMAN), Mike Osatuyi, said petrol pump price may rise astronomically as Nigerians could buy fuel at N650 to N700 per

Fakoyejo Olalekan

November 14, 2022

Finance & Economy

‘N259bn Anambra Budget Focuses On Key Deliverables Citizens Can Feel’

Anambra State Commissioner for Budget & Economic Planning, Ms Chiamaka Nnake has stated that the N258.9 billion Anambra Budget for 2023 will focus on key deliverable projects that the citizens can feel,

Victor Ezeja

November 13, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar Trades For N445.67 In Official Market, Black Market Offers USD At N850

The naira appreciated by 0.09 per cent against the dollar on Wednesday in the official foreign exchange market backed by the Central Bank of Nigeria (CBN). Data obtained from the FMDQ Exchange

Fakoyejo Olalekan

November 10, 2022

Business·Oil & Gas

NNPC Boss, Kyari, Calls For Increase In Fuel Price, Says N170 Per Litre Unrealistic

The Group Managing Director of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has called for increase in fuel price, stating the N170 per litre is no longer realistic. During the

Fakoyejo Olalekan

November 10, 2022

Business·Oil & Gas

NNPC Boss, Kyari, Receives Death Threat, Amid Firm’s Disagreement With El-Rufai

The Group Managing Director (GMD) of the Nigeria National Petroleum Company (NNPC) Limited, Mele Kyari, has claimed that his life is under threat. Kyari said some persons are threatening his life due

Fakoyejo Olalekan

November 9, 2022

Business·Currency

Naira appreciates, As Bureau De Change Sells One Dollar At N800

The Nigerian currency, naira, appreciated against the United States dollar on Wednesday according to a Bureau De Change operator in the black market. Prime Business Africa was told by the Bureau De

Fakoyejo Olalekan

November 9, 2022

FG Struggling To Borrow, As Foreign Investors Prefer US, Germany, Others

Business·Oil & Gas

Buhari Faces N100 billion Lawsuit, As NNPC Former Chair, Ifeanyi Ararume, Fight Sack

President Muhammadu Buhari has been sued by the former senator representing Imo north, Ifeanyi Ararume, for removing him as board chairman of the Nigerian National Petroleum Company (NNPC) Limited. Ararume was four

Fakoyejo Olalekan

November 9, 2022

Business·Currency

Bureau De Change Operators Sell Dollar At N900, As Scarcity Affects Nigerians

The naira and dollar exchange rate traded flat on Monday in the official foreign exchange market of the Investors and Exporters window. Data obtained showed that the naira maintained stability against the

Fakoyejo Olalekan

November 8, 2022

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Finance & Economy - Page 198

Shelter Afrique Approves Additional $13m Credit Line To Mixta Africa

Dollar Rate Rises By N100 In Black Market, As Naira Ends Gain

Petrol Pump Price May Hit N650 – Marketers

‘N259bn Anambra Budget Focuses On Key Deliverables Citizens Can Feel’

Dollar Trades For N445.67 In Official Market, Black Market Offers USD At N850

NNPC Boss, Kyari, Calls For Increase In Fuel Price, Says N170 Per Litre Unrealistic

NNPC Boss, Kyari, Receives Death Threat, Amid Firm’s Disagreement With El-Rufai

Naira appreciates, As Bureau De Change Sells One Dollar At N800

Buhari Faces N100 billion Lawsuit, As NNPC Former Chair, Ifeanyi Ararume, Fight Sack

Bureau De Change Operators Sell Dollar At N900, As Scarcity Affects Nigerians

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