Finance & Economy - Page 57

Dangote Refinery: NNPC Boss Denies Owning Blending Plant In Malta

Group Chief Executive Officer of the Nigeria National Petroleum Company Limited (NNPCL), Mele Kyari, has said he does not own a blending plant in Malta and does not know any employee of

Victor Ezeja

8 months ago

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th October 2024

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th July 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

8 months ago

Capital Importation: Banking Sector Records Highest Inflow In Q3 2024

Business·Finance & Economy·News

Nigeria’s External Reserves Rise To $37bn, Gain $2.35bn In 18 Days

Nigeria’s external reserves have increased to $37.05 billion as of July 18, 2024. This amounts to $2.35 billion or 6.7 per cent increase from $34.70 billion in June 2024. This was revealed

Victor Ezeja

8 months ago

Finance & Economy·News

CBN Raises Benchmark Interest Rate To 26.75% Amid Soaring Inflation

The Central Bank of Nigeria’s (CBN) monetary policy committee has increased the benchmark interest rate, known as the Monetary Policy Rate (MPR), from 26.25 per cent to 26.75 per cent. This was

Victor Ezeja

8 months ago

Oil & Gas·Opinion

Nigerian Govt Welcomes Endless Fuel Importation

On 19th July 2024, news emerged that the Federal Government said that Nigeria would continue to import refined petroleum products to ensure that Dangote Refinery did not have a monopoly that could

MARCEL MBAMALU

8 months ago

Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 23rd July 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

8 months ago

Business·News·Oil & Gas

Minister Wades Into Dangote, NMDPRA Boss Fuel Dispute

Nigeria’s Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has intervened in the dispute between Dangote Refinery’s management and some key stakeholders in the oil and gas sector which has affected

Victor Ezeja

8 months ago

Nigerian Govt Spends More On Debt Servicing Than Capital Expenditure, Personnel Costs, In Q1 2024

Finance & Economy·News

Nigeria Spends More On Debt Servicing Than Capital Expenditure, Personnel Costs In Q1

The Federal Government spent more on debt servicing than on capital expenditures and personnel costs in the first quarter (Q1) of 2024. This means approximately 74 per cent of the Federal Government’s

Victor Ezeja

8 months ago

71.4% Of Nigerians Call For Interest Rate Reduction – CBN Survey

Business·Finance & Economy·News

‘Why CBN Should Not Raise Interest Rate’ As MPC Meets

The Central Bank of Nigeria (CBN) has been advised to suspend further hike of the benchmark interest rate because of the impact on the economy. This comes as the CBN Monetary Policy

Victor Ezeja

8 months ago

Dangote Refinery: Fueling Nigeria's Economic Resurgence or Monopoly Menace?

Oil & Gas·Opinion

Dangote Refinery: From Production Delays To Threat Of Sale

This looks like a choreography of controversy! Despite being conceived in 2013, when it was billed to cost $9 billion, Dangote Refinery construction did not start until 2017. The initial target for

MARCEL MBAMALU

8 months ago

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Finance & Economy - Page 57

Dangote Refinery: NNPC Boss Denies Owning Blending Plant In Malta

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th July 2024

Nigeria’s External Reserves Rise To $37bn, Gain $2.35bn In 18 Days

CBN Raises Benchmark Interest Rate To 26.75% Amid Soaring Inflation

Nigerian Govt Welcomes Endless Fuel Importation

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 23rd July 2024

Minister Wades Into Dangote, NMDPRA Boss Fuel Dispute

Nigeria Spends More On Debt Servicing Than Capital Expenditure, Personnel Costs In Q1

‘Why CBN Should Not Raise Interest Rate’ As MPC Meets

Dangote Refinery: From Production Delays To Threat Of Sale

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