Finance & Economy - Page 70

Shell Denies Exiting Nigeria Amid Sales Of Its Onshore Asset In Niger Delta

Shell PLC has refuted claims of a complete exit from Nigeria following the sale of its onshore business in the Niger Delta.

Emmanuel Ochayi

10 months ago

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

Business·Oil & Gas

Dangote Refinery: Eterna PLC Becomes Official Distributor

In a development, Eterna PLC has announced its official role as a domestic sales distributor for the Dangote Petroleum Refinery that just began operations in Nigeria. The Dangote refinery, having commenced the

Emmanuel Ochayi

10 months ago

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency

Naira Depreciation Sparks Surge In Dollar Savings As BDC Seeks Central Bank Review

Bureau De Change operators sounded the alarm as Nigerians flock to keep their savings in US dollars amid concerns over the eroding value of the naira.

Emmanuel Ochayi

10 months ago

NNPC: Petrol Import To Stop As Port Harcourt Refinery Begins Operations Soon

Oil Theft: 10,166 Illegal Refineries, Crude Pipeline Connections Destroyed In Nigeria Since 2021 – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) says 10,166 illegal refineries and crude oil pipeline connections have been destroyed in Nigeria since 2021. NNPCL, GCEO, Mele Kyari made this known when he

Emmanuel Ochayi

10 months ago

Naira Falls To N1687 Per Dollar At Official Market

Business·Currency

Naira Hits New Record Low At N1,320/$1

Naira plummeted to an unprecedented low of N1,320 per dollar on Wednesday, marking a 3.03% or N40.00 drop from the previous day's close at N1,280.

Emmanuel Ochayi

10 months ago

10 Ways To Ensure Your Safety During A Gas Explosion

Oil & Gas

Ibadan Explosion: 10 Safety Tips During Gas Explosion

In light of the tragic and terrible news of the recent gas explosion in Ibadan, emphasizing the importance of gas safety has become even more critical. Gas explosions are potentially catastrophic events

Bisina Somto

10 months ago

Business·Latest News·Oil & Gas

Shell To End Nigerian Onshore Oil Operations, Seals $2.4bn Deal With Renaissance Africa Energy

Shell has concluded plans to exit onshore oil operations in the Nigeria

Victor Ezeja

10 months ago

Major Events That Shaped Nigeria's Oil & Gas Sector In 2023 And Looking Ahead 2024

Business·Oil & Gas

Will Oil, Gas Sector Increase Nigeria’s Revenue In 2024?

Nigeria's oil and gas sector has developed as the star entertainer of the year, encountering a noteworthy surge of 125% over the past year, making it the best-performing record in 2023.

Emmanuel Ochayi

10 months ago

Nigeria Week Ahead: Inflation, Naira and Oil In Focus

Finance & Economy

Experts Urge Nigerian Govt To Adopt Multi-sectoral Approach In Tackling Inflation

Economic experts have called on authorities to adopt a multi-sectoral approach in tackling high inflation in Nigeria.

Victor Ezeja

10 months ago

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

Business·Currency

Naira Hits Record High, Surpassing N1,300/$ In Cryptocurrency, Parallel Markets

The Nigerian naira has surged past the N1,300 mark against the US dollar in both the Peer-to-Peer cryptocurrency window and the parallel market.

Emmanuel Ochayi

10 months ago

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Finance & Economy - Page 70

Shell Denies Exiting Nigeria Amid Sales Of Its Onshore Asset In Niger Delta

Dangote Refinery: Eterna PLC Becomes Official Distributor

Naira Depreciation Sparks Surge In Dollar Savings As BDC Seeks Central Bank Review

Oil Theft: 10,166 Illegal Refineries, Crude Pipeline Connections Destroyed In Nigeria Since 2021 – NNPCL

Naira Hits New Record Low At N1,320/$1

Ibadan Explosion: 10 Safety Tips During Gas Explosion

Shell To End Nigerian Onshore Oil Operations, Seals $2.4bn Deal With Renaissance Africa Energy

Will Oil, Gas Sector Increase Nigeria’s Revenue In 2024?

Experts Urge Nigerian Govt To Adopt Multi-sectoral Approach In Tackling Inflation

Naira Hits Record High, Surpassing N1,300/$ In Cryptocurrency, Parallel Markets

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