Finance & Economy - Page 73

More Economic Burdens For Nigerians As Prices Remain High Despite Naira Appreciation

The recent appreciation of the naira had given a ray of hope to many Nigerians of possible drop in prices of commodities in the market, especially those ones that affect their daily

Victor Ezeja

11 months ago

Finance & Economy

Why NCAA Suspended 3 Private Jet Operators

Nigeria's food inflation has continued to soar, reaching 40.01 per cent in March 2024 on a year-on-year basis. This was 15.56 per cent points higher when compared to the rate recorded in

Victor Ezeja

11 months ago

OPEC Envisions Medium-Term Emergence Of Modular Refineries In Nigeria

Business·News·Oil & Gas

Dangote, Modular Refineries To Pay Naira For Crude Oil- Nigerian Govt

The Nigerian government has greenlit domestic crude oil transactions to be conducted in naira or dollars, addressing long-standing concerns of indigenous refineries and operators. The declaration, announced by the Nigerian Upstream Petroleum

Emmanuel Ochayi

11 months ago

Business·Oil & Gas

Expert Calls For Maximum Utilisation Of All Oil Wells As Production Declines Further

Wumi Iledare, has called on authorities in Nigeria's oil and gas sector to come up with drastic measures to ramp up crude oil production which is the major revenue earner for the

Victor Ezeja

11 months ago

Business·Markets·News·Oil & Gas

Nigeria’s Crude Oil Production Decline Costs Country N720bn In Revenue In 2 Months

Nigeria, Africa’s largest oil producer, faced a significant revenue setback as a consequence of consecutive declines in crude oil production. The country lost about N720 billion due to a slump in production

Emmanuel Ochayi

11 months ago

Business·News·Oil & Gas

Nigerian Military Cracks Down On Oil Theft, Seizes 700,000 Stolen Liters Of Crude

The Nigerian military has intensified efforts to tackle the rampant issue of oil theft in the Niger Delta region, with a recent operation resulting in the recovery of approximately 700,000 liters of

Emmanuel Ochayi

11 months ago

Business·Finance & Economy·News

FCCPC Urges Nigerians To Report Unfair Trade Practices Amid Rising Prices Despite Falling Dollar Rates

The Federal Competition and Consumer Protection Commission (FCCPC) is calling on Nigerians to report instances of unfair trade practices amidst growing concerns over escalating prices. In a tweet, the commission emphasized its

Emmanuel Ochayi

11 months ago

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

Business·Currency·Finance & Economy

Naira Ends Week Positively, Inches Closer To Below ₦1,000/$1 Exchange Rate

Nigeria’s local currency, the naira, has continued to sustain its appreciation, ending the week on a positive note as it marches closer to below ₦1,000 mark in both parallel and official windows

Victor Ezeja

11 months ago

Business·News·Oil & Gas

Oil Theft, Vandalism Plague Nigeria’s Oil Production, OPEC Reports Decline To 1.23mbpd

Nigeria’s oil production saw a decline for the second consecutive month, hitting 1.231 million barrels per day in March, according to the latest report from the Organisation of Petroleum Exporting Countries (OPEC).

Emmanuel Ochayi

11 months ago

Major Events That Shaped Nigeria’s Oil and Gas Sector In 2024

Business·News·Oil & Gas

Oil Marketers Call For Reduction In Dangote Diesel Price To N850/Litre

Oil marketers in Nigeria are pushing for a price cut in diesel produced by the Dangote Petroleum Refinery, urging a reduction to between N700 and N850 per litre. They argue that the

Emmanuel Ochayi

11 months ago

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Finance & Economy - Page 73

More Economic Burdens For Nigerians As Prices Remain High Despite Naira Appreciation

Why NCAA Suspended 3 Private Jet Operators

Dangote, Modular Refineries To Pay Naira For Crude Oil- Nigerian Govt

Expert Calls For Maximum Utilisation Of All Oil Wells As Production Declines Further

Nigeria’s Crude Oil Production Decline Costs Country N720bn In Revenue In 2 Months

Nigerian Military Cracks Down On Oil Theft, Seizes 700,000 Stolen Liters Of Crude

FCCPC Urges Nigerians To Report Unfair Trade Practices Amid Rising Prices Despite Falling Dollar Rates

Naira Ends Week Positively, Inches Closer To Below ₦1,000/$1 Exchange Rate

Oil Theft, Vandalism Plague Nigeria’s Oil Production, OPEC Reports Decline To 1.23mbpd

Oil Marketers Call For Reduction In Dangote Diesel Price To N850/Litre

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