Finance & Economy - Page 264

Naira Ends Week With N59.71 Gain At Official Market

Naira Appreciates To 512/$, Banks Sell At 412/$

Naira appreciated against the dollar at the parallel market late on Monday as commercial banks set up foreign exchange teller points for customers in line with the directive from the Central Bank

Editor

3 years ago

Finance & Economy·Latest News

Kuda Bank Raises $55 Million At $500 Million Valuation

Kuda Bank founders, Babs Ogundeyi and Musty Mustapha NIGERIA’S mobile-only bank, Kuda, on Monday, announced that it has closed a $55 million Series B funding co-led by Valar ventures and Target Global

Editor

3 years ago

Latest News·Oil & Gas

Senegal Seeks Nigeria’s Backing To Develop Oil, Gas Sector

Minister of State for Petroleum Resources, Timipre Sylva. Photo credit: NAN SENEGAL’S effort in seeking Nigeria’s support for the development of its oil and gas sector has been commended by the Minister

Editor

3 years ago

Business·Oil & Gas

Fuel Subsidy Gulps N2 Trillion In One Year

With N8 billion daily expenditure, the Nigerian government’s yearly spend on petrol subsidy amounts to N2 trillion. According to top oil marketers, it impacts negatively on the economy and therefore raised concern

Victor Ezeja

3 years ago

President of the African Development Bank AfDB Akinwunmi Adesina

Agro-Economy·Latest News

AfDB To Provide $150m For Women In Agriculture

President of the African Development Bank (AfDB) Akinwunmi Adesina The African Development Bank (AfDB) has disclosed its plan to provide $150m to finance women in the agricultural sector in a move to

Editor

3 years ago

Latest News·Oil & Gas

Kyari Promises To Declare First NNPC Dividends To Nigerians Soon

As the Nigerian National Petroleum Corporation prepares to release its 2020 financial statements in the third quarter of this year, the Group Managing Director, Mele Kyari, has promised that the company will

Editor

3 years ago

Latest News·Oil & Gas

Minister Wants To See Women Take Higher Positions In Oil & Gas Sector

Minister of Women Affairs, Pauline Tallen MINISTER of Women Affairs, Dame Pauline Tallen, has urged female members of Petroleum and Natural Gas Staff Association of Nigeria (PENGASSAN) to work hard in order

Editor

3 years ago

Finance & Economy·Latest News

Senate To Assist Ikeja Electric Recover N70.96 Billion Debt

Ikeja Electric Corporate Headquarters. Photo credit: Google IKEJA Electric is set to recover N70.96 billion debt owed by Ministries, Departments, and Agency through the intervention of the Senate. The Senate Committee on

Kayode Shopekan

3 years ago

Finance & Economy

Nigeria’s Loans From World Bank, AfDB Increase To $14.35bn Under Buhari

NIGERIA’S debt to the World Bank and the African Development Bank increased from $7.14bn to $14.25bn between June 30, 2015 and March 31, 2021, data obtained from the Debt Management Office have

Editor

3 years ago

Latest News·Oil & Gas

NNPC Rakes In N2.129trn From Product Sales In One Year

NNPC THE Nigerian National Petroleum corporation (NNPC) has made total revenue of N2.129 trillion from the sales of petroleum products between March 2020 and March 2021. The Federal Government owned oil company

Editor

3 years ago

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Finance & Economy - Page 264

Naira Appreciates To 512/$, Banks Sell At 412/$

Kuda Bank Raises $55 Million At $500 Million Valuation

Senegal Seeks Nigeria’s Backing To Develop Oil, Gas Sector

Fuel Subsidy Gulps N2 Trillion In One Year

AfDB To Provide $150m For Women In Agriculture

Kyari Promises To Declare First NNPC Dividends To Nigerians Soon

Minister Wants To See Women Take Higher Positions In Oil & Gas Sector

Senate To Assist Ikeja Electric Recover N70.96 Billion Debt

Nigeria’s Loans From World Bank, AfDB Increase To $14.35bn Under Buhari

NNPC Rakes In N2.129trn From Product Sales In One Year

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