Finance & Economy - Page 40

Nigeria Spends $3bn Monthly On Imports – CBN

Nigeria’s Foreign Reserves Hit $35.05bn, Highest Since Tinubu Assumed Office

Nigeria’s foreign reserves on Wednesday, surged to $35.05 billion being the highest since President Bola Tinubu assumed office last year. This is data according to data obtained from the Central Bank of

Victor Ezeja

5 months ago

Business·FEATURES·Finance & Economy·Latest News

Nigeria To Repay $30bn For $2.5bn IMF Loan – See Why And How

As Nigeria secures $2.5 billion loan from the International Monetary Fund (IMF) to meet its financial needs, there are concerns that the country might end up repaying the loan with as much

Victor Ezeja

5 months ago

NNPC Seeks New $2 Billion Oil-Backed Loan To Boost Finances

Business·Latest News·Oil & Gas

NNPCL Seeks New $2bn Oil-Backed Loan To Boost Finances

NNPCL’s Ongoing Financial Strategies The Nigerian National Petroleum Company Limited (NNPCL) is negotiating a new oil-backed loan to strengthen its finances and support its business activities, according to Mele Kyari, Group Chief

Emmanuel Ochayi

5 months ago

CPPE Highlights Why Nigerian Govt Should Review Customs FX Rate For Cargo Clearance

Finance & Economy

Customs Exchange Rate For Import Duties Rises To N1,550/$1

The exchange rate for customs duties collection has increased from N1,512/$ to N1,550/$1 in about 48 hours. This reflects N38 or 2.5 per cent increase when compared to the previous rate. The

Victor Ezeja

5 months ago

Business·Finance & Economy

Recapitalisation: Now Is Perfect Time To Invest In Nigeria – GTCO CEO

Group Chief Executive Officer of Guaranty Trust Holding Company Plc (GTCo), Segun Agbaje, has asserted that looking at the economic situation in Nigeria, it is the perfect time to make investments in

Victor Ezeja

5 months ago

Business·Latest News·Oil & Gas

NNPC Attributes Fuel Queues To Logistics Disruption, Weather Conditions

Logistics Chain Disruptions The Nigerian National Petroleum Corporation (NNPC) Ltd has addressed the recent fuel queues observed in the Federal Capital Territory (FCT) and other parts of Nigeria. According to a statement

Emmanuel Ochayi

5 months ago

Fuel Queues: Rainstorm Disrupted Supply To Filling Stations – MEMAN

Business·Latest News·Oil & Gas

Fuel Queues: Thunderstorm, Lightning Disrupted Supply To Filling Stations – MEMAN

The Major Energies Marketers Association of Nigeria (MEMAN) has said the reoccurrence of queues at filling stations in some parts of the country was due to disruption in the supply of petrol

Victor Ezeja

5 months ago

The situation of things concerning the prices of premium motor spirit (PMS) popularly called petrol continues to be a subject of great concern to many Nigerians

Business·Latest News·Oil & Gas

Petrol Pump Price May Hit ₦1000 – Sources

Aside from the scarcity of petrol already building up in parts of Nigeria, residents may have to grapple with higher prices as there are indications that the official pump price may increase

PBA Reporter

5 months ago

Naira Drops To N1606 Per Dollar, Lowest In 3 Weeks At Official Market

Business·Currency·Latest News·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 6th July 2024

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN)

Emmanuel Ochayi

5 months ago

Nigeria's Debt Crisis Deepens With 183% Debt Service To Revenue Ratio

FEATURES·Finance & Economy

10 Countries In Africa With Highest Debt-to-GDP Ratio

What Is Debt-to-GDP? Debt-to-GDP-ratio is an economic indicator that measures how much debt a country has in relation to its Gross Domestic Product (GDP). Often expressed as a percentage, the ratio is

Victor Ezeja

5 months ago

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Finance & Economy - Page 40

Nigeria’s Foreign Reserves Hit $35.05bn, Highest Since Tinubu Assumed Office

Nigeria To Repay $30bn For $2.5bn IMF Loan – See Why And How

NNPCL Seeks New $2bn Oil-Backed Loan To Boost Finances

Customs Exchange Rate For Import Duties Rises To N1,550/$1

Recapitalisation: Now Is Perfect Time To Invest In Nigeria – GTCO CEO

NNPC Attributes Fuel Queues To Logistics Disruption, Weather Conditions

Fuel Queues: Thunderstorm, Lightning Disrupted Supply To Filling Stations – MEMAN

Petrol Pump Price May Hit ₦1000 – Sources

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 6th July 2024

10 Countries In Africa With Highest Debt-to-GDP Ratio

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