Finance & Economy - Page 29

Port Harcourt Refinery Will Produce Only 10% Of Total Demand - Expert

Port Harcourt Refinery Produces Only 10% Of PMS Total Demand – Expert

As the resumption of production at the Port Harcourt Refinery is being celebrated, experts have warned that more efforts should be put in place to rehabilitate other existing ones and boost local

Victor Ezeja

November 27, 2024

CBN Raises Benchmark Interest Rate To 26.75% Amid Soaring Inflation

Business·Finance & Economy

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

November 27, 2024

NNPCL Announces Resumption Of Production At PH Refinery

Business·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

November 26, 2024

Naira Crisis: The Hidden Truth Of Dollar Hoarding

Business·Currency·Markets·News

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

November 26, 2024

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

Business·FEATURES·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

November 26, 2024

Port Harcourt, Warri Refineries To Be Privatized- Nigerian Govt

Business·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

November 25, 2024

Dangote Refinery Fuel Distribution Expands with New Partner

Business·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

November 25, 2024

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

Business·FEATURES·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

November 25, 2024

FCCPC Challenges Court Ruling In Dangote Refinery Import Licence Case, Argues Monopoly Concerns

Business·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

November 24, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 21st March 2025

Business·Currency·Markets·News

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

November 24, 2024

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Finance & Economy - Page 29

Port Harcourt Refinery Produces Only 10% Of PMS Total Demand – Expert

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

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