Finance & Economy - Page 62

High Building Materials Costs: We Need Policies That Promote Investment, Growth Of Construction Industry – Experts

Real Estate Woes: We Need Policies That Promote Investment, Growth Of Construction Industry – Experts

As costs of building materials such as cement, rods, and others continue to rise in Nigeria, experts have underscored the need for the creation of policies and systems that promote investment and

Victor Ezeja

9 months ago

Business·Real Estate

Real Estate Crisis: How BUA Cement Price Rose 150% In 4 Weeks, Mgt Jerks Up Staff Salary By 50%

BUA Cement, has increased salaries of its staff by 50 per cent in response to the current economic hardship in the country caused by high cost of things.

Victor Ezeja

9 months ago

1.78mpd Oil Output Project Can Be Achieved – NNPCL

Our Joint Venture With TotalEnergies Achieves Zero Gas Flaring Target – NNPCL

NNPCL has that in line with the quest to meet global target of reducing greenhouse gas emissions, its joint venture with TotalEnergies has achieved zero routine gas flare in all its assets.

Victor Ezeja

9 months ago

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

Business·Currency

Naira Trades N1,498/$ At Official Market, N1600 At Parallel Market As CBN Tackles Forex Operators

The naira edged up slightly against the US dollar, closing at N1,498.25/$ on Thursday, showing a marginal improvement from the previous day’s rate of N1,503.38/$. This minor appreciation occurred amidst ongoing efforts

Emmanuel Ochayi

9 months ago

Business·Finance & Economy

CBN Raises Customs Duty Rates By 59.1% In 2 Months Amid Naira Depreciation

CBN has increased the rates for computing Customs duties at ports for the sixth time in 2024 making it rise by 59.1 per cent since December 2023

Victor Ezeja

9 months ago

Currency

Dollar Now N1600, Nigerians React

In Nigeria, the exchange rate has reached all all time high, with the dollar now exchanging for one thousand six hundred naira, while the pound surpasses two thousand naira. This increase has

Bisina Somto

9 months ago

Lagos, Anambra, Enugu Residents Lament Petrol Scarcity, Price Hike

Business·Oil & Gas

IPMAN Seeks Direct Fuel Supply From NNPCL To Offer Lower Prices For Nigerians

Independent oil marketers are calling for direct access to premium motor spirit (PMS) from the Nigerian National Petroleum Company Limited (NNPCL) to offer lower prices to consumers. Abubakar Maigandi, the National President

Victor Ezeja

9 months ago

#Nigeria@64: Naira-for-Crude Deal Kicks Off TuesdayAs Nigeria Set To Save Over $7bn

Business·Oil & Gas

Dangote Refinery Set To Export 2 Fuel Cargoes

The Dangote Petroleum Refinery has initiated tenders to sell two fuel cargoes for export, marking a pivotal moment in Nigeria’s energy sector. Speaking on the matter, industry insiders revealed that the refinery,

Emmanuel Ochayi

9 months ago

Naira-for-Crude sales Commenced October 1 – Nigerian Govt

Business·Oil & Gas

How Nigeria’s Crude Oil Production Slips To 1.419mbpd – OPEC

Nigeria experienced a slight dip in its crude oil production, falling to 1.42 million barrels per day (mbpd), as reported by the Organisation of Petroleum Exporting Countries (OPEC) for January 2024.

Emmanuel Ochayi

9 months ago

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency

Naira Trades Above N1,500/$1 Amid CBN’s Forex Market Reforms

The Nigerian naira surged to an intra-day high of N1,582 against the US dollar on Wednesday, marking a notable milestone in the currency’s performance. However, this achievement was juxtaposed with a sharp

Emmanuel Ochayi

9 months ago

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Finance & Economy - Page 62

Real Estate Woes: We Need Policies That Promote Investment, Growth Of Construction Industry – Experts

Real Estate Crisis: How BUA Cement Price Rose 150% In 4 Weeks, Mgt Jerks Up Staff Salary By 50%

Our Joint Venture With TotalEnergies Achieves Zero Gas Flaring Target – NNPCL

Naira Trades N1,498/$ At Official Market, N1600 At Parallel Market As CBN Tackles Forex Operators

CBN Raises Customs Duty Rates By 59.1% In 2 Months Amid Naira Depreciation

Dollar Now N1600, Nigerians React

IPMAN Seeks Direct Fuel Supply From NNPCL To Offer Lower Prices For Nigerians

Dangote Refinery Set To Export 2 Fuel Cargoes

How Nigeria’s Crude Oil Production Slips To 1.419mbpd – OPEC

Naira Trades Above N1,500/$1 Amid CBN’s Forex Market Reforms

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