Finance & Economy - Page 75

NUPRC CHIEF EXECUTIVE ENGR GBENGA KOMOLAFE

Oil Production: NUPRC Mandates Allocation Of 483,000 bpd To Local Refineries In 2024

NUPRC has mandated oil producers to allocate not less than 483,000 barrels per day (bpd) of crude oil to domestic refineries for the initial half of 2024.

Emmanuel Ochayi

11 months ago

#EndBadGovernance Protests: PDP Criticises Tinubu's Silence, Demands Immediate Response

Finance & Economy

How President Tinubu Is Violating Laws With Securitization Of N7.3trn Ways-and-Means Revenue From CBN

President Bola Tinubu's push for the securitization of the 7.388 trillion Naira debit balance within the Consolidated Revenue Fund (CRF) has ignited a fiery debate in the legislative arena and Nigerians.

Emmanuel Ochayi

11 months ago

Business·Latest News·Oil & Gas

IPMAN Threatens Operational Suspension In Anambra State Over Unpaid N900 Million Debt

The Independent Petroleum Marketers Association of Nigeria (IPMAN) issued a warning to halt its operations in Anambra State due to the Anambra State Government’s failure to settle a debt amounting to N900 million.

Emmanuel Ochayi

11 months ago

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency·Latest News

Nigeria’s Foreign Reserves Hit Six-Year Low At $32.87bn As Naira Struggles

Nigeria’s economic landscape faces fresh turmoil as the country’s foreign exchange reserves hit a bleak low, recording $32.87 billion at December’s close, marking a six-year nadir. The data, revealed via the Central

Emmanuel Ochayi

11 months ago

Business·Currency

Naira To Sustain Depreciation In 2024 – Analysis Reveals

A grim forecast by Bloomberg L.P. has surfaced, signaling a continued slump of the Naira throughout 2024.

Emmanuel Ochayi

11 months ago

Nigeria's Inflation Rate Hits 33.88% In October Amid Fresh Fuel Price Spike

Business·Finance & Economy

Nigerians Grapple With Soaring Living Costs, Borrow N740bn Amidst Inflation Surge

Nigerians have borrowed approximately N740 billion from banks between January and September this year, according to the Central Bank of Nigeria's quarterly economic reports.

Emmanuel Ochayi

11 months ago

Finance & Economy·Opinion

CBN: Working Towards A Healthy Economy

By Arize Nwobu Some of the parameters that are used to define a healthy economy include the levels of imports and exports, exchange rate, interest rate, unemployment rate, consumer confidence and

Arize Nwobu

11 months ago

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Nigerian Naira Plummets To New Low, Hits N1,043.09/$ In Official Market

The Nigerian Naira plunged to a troubling low, closing at N1,043.09 against the dollar, marking a depreciation of 16.35% and signaling deep concerns for the country's economy just days before 2024.

Emmanuel Ochayi

11 months ago

Dangote Refinery's Diesel Price Cut Sparks Marketers' Hope For N700/Litre

Business·Latest News·Oil & Gas

Dangote Refinery Moves Closer To Begin Full Operations As It Receives Third Crude Shipments Of 1 Million Barrels

The Dangote Petrochemical Refinery has received its third consignment of one-million-barrel crude oil cargo from Shell International Trading and Shipping Company Limited (STASCO), marking a progression in its quest to commence petroleum

Emmanuel Ochayi

11 months ago

Business·Oil & Gas

Nigeria’s Riverside LNG To Supply Gas To South Africa

Nigeria-based Riverside LNG is engaging in discussions to supply gas to South Africa, marking the potential initiation of the first-ever gas deal between the two nations. Bloomberg reported on Wednesday that the

Emmanuel Ochayi

11 months ago

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Finance & Economy - Page 75

Oil Production: NUPRC Mandates Allocation Of 483,000 bpd To Local Refineries In 2024

How President Tinubu Is Violating Laws With Securitization Of N7.3trn Ways-and-Means Revenue From CBN

IPMAN Threatens Operational Suspension In Anambra State Over Unpaid N900 Million Debt

Nigeria’s Foreign Reserves Hit Six-Year Low At $32.87bn As Naira Struggles

Naira To Sustain Depreciation In 2024 – Analysis Reveals

Nigerians Grapple With Soaring Living Costs, Borrow N740bn Amidst Inflation Surge

CBN: Working Towards A Healthy Economy

Nigerian Naira Plummets To New Low, Hits N1,043.09/$ In Official Market

Dangote Refinery Moves Closer To Begin Full Operations As It Receives Third Crude Shipments Of 1 Million Barrels

Nigeria’s Riverside LNG To Supply Gas To South Africa

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