Finance & Economy - Page 72

World Bank Predicts Return Of Nigeria’s Per Capita Income To Pre-pandemic Level By 2025

The World Bank’s latest Global Economic Prospects report paints a hopeful picture for Nigeria’s economic resurgence, forecasting a return to pre-pandemic per capita income levels by 2025. Speaking on the country’s prospects,

Emmanuel Ochayi

11 months ago

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

Business·Latest News·Oil & Gas

Dangote Refinery To Receive Fresh 4 Crude Oil Cargoes From NNPC In February

There are indications that the Dangote refinery is to receive a fresh supply of four crude oil cargoes from the Nigerian National Petroleum Company Limited (NNPCL) in February

Victor Ezeja

11 months ago

Business·Startup

Why Foreign Investments In Nigerian Startups Dropped By 65%

Foreign investments in Nigerian startups dropped by 65.83 percent in 2023, marking a decline from $1.2 billion in 2022 to $410 million. This considerable drop not only reshaped Nigeria’s standing but also

Victor Ezeja

11 months ago

Democracy Day: Nigeria In A Classical State Capture - Obi

Finance & Economy

Economy: Obi Warns About Danger Of Piling Up Debts By Tinubu’s Govt

Presidential candidate of the Labour Party in the 2023 general elections, Mr Peter Obi has warned about the danger of increasing debt burden on Nigeria's economy, especially when the fund is not

Victor Ezeja

11 months ago

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency·Latest News

Naira Dips To N1,245/$1 In Unofficial Market Amid CBN’s Effort

In a twist of currency dynamics, the naira faces a tale of two markets as its value fluctuates to N1,230/$1 and N1,245/$1, driven by unofficial P2P and physical black markets despite Nigeria’s apex

Emmanuel Ochayi

11 months ago

Naira Slips Again As Dollar Supply Drops

Business·Currency

Naira Appreciates To N856/$1 In Official Window As Afreximbank Injects $2.25bn Into FX Market

In a positive turn for the Nigerian economy, the Naira saw a surge against the dollar at both the official and parallel forex markets on Monday. The official exchange rate closed at

Emmanuel Ochayi

11 months ago

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

Business·Oil & Gas

Dangote Refinery Ready To Begin Production As Crude Supply Hits 6m Barrels

Dangote Petroleum Refinery has marked a milestone as it announced the reception of its final shipment, totaling six million barrels of crude oil, essential for commencing its operations.

Victor Ezeja

11 months ago

Jigawa Residents Spend More On Petrol As Price Rises By 223.21% To N770

Business·Latest News·Oil & Gas

Nigerian Oil Marketers Assure Stable Fuel Prices, NNPCL To Bear Under-recovery Costs

Independent Petroleum Marketers Association of Nigeria (IPMAN), reassured the public on Monday that there are no plans to increase the pump price of Premium Motor Spirit (PMS), commonly known as petro

Emmanuel Ochayi

11 months ago

Agro-Economy

We’ll Weed Out ‘Ghost Farmers’ In Agric Intervention Projects – Minister

Nigeria’s Minister of State for Agriculture, Senator Aliyu Sabi Abdullahi, has assured that appropriate measures are being taken to ensure that ghost farmers are not included in the list of beneficiaries of

Victor Ezeja

11 months ago

Saudi Arabia Issues Warning Of $50 Oil Price If OPEC+ Nations Fail To Comply

Business·Oil & Gas

Nigeria Mitigates OPEC Shortfall, Amidst UAE, Angola Oil Cuts

Last month, Nigeria emerged as a beacon of stability in the tumultuous world of oil production. As the UAE and Angola curtailed their outputs, Nigeria surged forward

Emmanuel Ochayi

11 months ago

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Finance & Economy - Page 72

World Bank Predicts Return Of Nigeria’s Per Capita Income To Pre-pandemic Level By 2025

Dangote Refinery To Receive Fresh 4 Crude Oil Cargoes From NNPC In February

Why Foreign Investments In Nigerian Startups Dropped By 65%

Economy: Obi Warns About Danger Of Piling Up Debts By Tinubu’s Govt

Naira Dips To N1,245/$1 In Unofficial Market Amid CBN’s Effort

Naira Appreciates To N856/$1 In Official Window As Afreximbank Injects $2.25bn Into FX Market

Dangote Refinery Ready To Begin Production As Crude Supply Hits 6m Barrels

Nigerian Oil Marketers Assure Stable Fuel Prices, NNPCL To Bear Under-recovery Costs

We’ll Weed Out ‘Ghost Farmers’ In Agric Intervention Projects – Minister

Nigeria Mitigates OPEC Shortfall, Amidst UAE, Angola Oil Cuts

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