Finance & Economy - Page 199

NNPC Has Not Added N20,000 To Federation Account This Year – El-Rufai Says

El-Rufai Attacks NNPC Again, Blames Firm For Unpaid Salaries In States

Governor Nasir El-Rufai of Kaduna State took another swipe at the Nigerian National Petroleum Company (NNPC) Limited led by Mele Kyari. During the 2022 Tax Dialogue organised by the Kaduna State Revenue

Fakoyejo Olalekan

November 8, 2022

Lagos-based Mixta Africa Gets Shelter Afrique's N8 Billion Housing Fund

News·Real Estate

Shelter Afrique Offers $24m Housing Loan To Landmark Africa

Pan-African housing development financier, Shelter Afrique has approved a $24.03 million (₦10 billion) commercial loan to Lagos-based Tier 1 real estate and property development firm, Landmark Africa. The 7-year line of credit with a moratorium of 36 months has

PBA Reporter

November 5, 2022

Finance & Economy

Economy: Afrinvest Report Tasks Nigerian Govt On Removing Subsidies In 2023

Nigerian government has been charged to take the bold step and remove subsidies on petrol and electricity consumption in the country in 2023, to reduce the financial burden coming from those ends.

Victor Ezeja

November 4, 2022

Cash In Circulation Up By N701.4 billion, Emefiele's CBN Loses Control Again

Finance & Economy

Naira Redesign: Extend Deadline To One Year, Experts Tell Nigerian Gov’t

Financial experts have advised the Nigerian government to extend the deadline for phasing out the old Naira currency notes for the new ones to circulate well in the market. Governor of the

Victor Ezeja

November 3, 2022

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Bureau De Change Operators Fail To Agree On Dollar Rate

November 3, 2022, Dollar Rate: The dollar rate in the black market fell below N1000 on Thursday, as Bureau De Change operators told Prime Business Africa that they are still struggling to

Fakoyejo Olalekan

November 3, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

EFCC Arrest 8 BDC Operators, Anti-Graft Agency Blamed For Dollar Rate Rise

Eight Bureau De Change operators of the foreign exchange black market in Kano State were arrested by the Economic and Financial Crimes Commission (EFCC). The EFCC raided the parallel market days after

Fakoyejo Olalekan

November 2, 2022

Business·Currency

Dollar Rate Rises Close To N1000, As BDC Operators Set Various Rates

November 2, 2022, Dollar Rate: The exchange rate between the dollar and the naira has surged to various levels as Bureau De Change operators sell the American currency at different rates on

Fakoyejo Olalekan

November 2, 2022

Business·Currency

Bureau De Change Operators Reduce Dollar Rate In Black Market

November 1, 2022, Dollar Exchange Rate: On Tuesday, the average exchange rate of US dollar to naira was N800 in the black market, showing sign of demand pressure easing in the parallel market

Fakoyejo Olalekan

November 1, 2022

Naira Records First Major Depreciation At Official Market In 2025

Business·Currency

Naira In 53% Decline, Hits N865 Per Dollar, Nears N1,000 PBA Prediction

October 27 Dollar Exchange Rate: The dollar-to-naira black market exchange rate on Monday, crossed the N800 mark, setting its gaze on a possible N1,000/$ mark by December 2022, in line with Prime

Fakoyejo Olalekan

October 31, 2022

IPMAN Asks FG To Partner With Illegal Refinery Operators In Creeks

Business·Oil & Gas

Nigeria Loses $63 million Oil Revenue Daily, $1.9 billion Monthly To Oil Thieves

Nigeria loses at least 700,000 barrels of crude oil to thieves per day, the Minister of State for Petroleum Resources, Timipre Sylva, has revealed. This compounds the revenue problem of the country.

Fakoyejo Olalekan

October 31, 2022

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Finance & Economy - Page 199

El-Rufai Attacks NNPC Again, Blames Firm For Unpaid Salaries In States

Shelter Afrique Offers $24m Housing Loan To Landmark Africa

Economy: Afrinvest Report Tasks Nigerian Govt On Removing Subsidies In 2023

Naira Redesign: Extend Deadline To One Year, Experts Tell Nigerian Gov’t

Bureau De Change Operators Fail To Agree On Dollar Rate

EFCC Arrest 8 BDC Operators, Anti-Graft Agency Blamed For Dollar Rate Rise

Dollar Rate Rises Close To N1000, As BDC Operators Set Various Rates

Bureau De Change Operators Reduce Dollar Rate In Black Market

Naira In 53% Decline, Hits N865 Per Dollar, Nears N1,000 PBA Prediction

Nigeria Loses $63 million Oil Revenue Daily, $1.9 billion Monthly To Oil Thieves

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