Finance & Economy - Page 76

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

Nigeria’s Oil Production Declines By 33,000 Barrels As OPEC Reports Setback In September

Business·Oil & Gas

OPEC Predicts High Oil Demand In 2024

OPEC outlined roles for economic growth in 2024, expecting a surge in global oil demand by 2.2 million barrels per day (mb/d) year-on-year (y-o-y).

Emmanuel Ochayi

11 months ago

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

Business·Currency

Naira Gains Against Dollar At N872/$ With Increased Forex Turnover

Nigerian Naira strengthened against the US Dollar, marking a 1.52% gain and closing at N872.59 to a dollar on the first trading day post-Christmas.

Emmanuel Ochayi

11 months ago

Business·Finance & Economy·Latest News

Emefiele: CBN Investigator Summons Lemo Over Alleged Irregular Union Bank Acquisition

In a turn of events, the Office of the Special Investigator, led by Jim Obazee, has summoned Babatunde Lemo, the Chairman of Titan Trust Bank (TTB), regarding the acquisition of Union Bank

Emmanuel Ochayi

11 months ago

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

Business·Currency·Latest News

Naira Depreciates To N1,233/$ In Parallel Market, Registers Tepid Movement Across Forex Platforms

In the currency exchange market's dynamics, the Naira traded N1,233 against the US dollar at the parallel market on Monday, as affirmed by Bureau de Change (BDC) operators.

Emmanuel Ochayi

11 months ago

NNPC: Oil Production To Increase To 1.7mbpd Amid Infrastructure Challenges

Business·Latest News·Oil & Gas

Nigeria Faces N289.6bn Oil Revenue Dip In November; Minister Stresses Production Goals, OPEC Commitment

In a disclosure by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria experienced a significant setback in crude oil production, leading to a loss of about N289.6 billion in revenue for November 2023.

Emmanuel Ochayi

11 months ago

Business·Latest News·Oil & Gas

Fuel Subsidy: SERAP Sues NNPCL Over Nigeria’s Oil Revenue Secrecy

SERAP has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL) over the alleged failure to disclose crucial financial details since the removal of petrol subsidy in May 2023.

Emmanuel Ochayi

11 months ago

Business·Finance & Economy·Latest News

Expert Urges Strong Financial Institutions For Economic Growth

Arshad Rab, Chairman of the International Council of Sustainability Standards, emphasizes the pivotal role of finance in transforming Nigeria’s economy. Speaking at the Nigeria Sustainability Summit 2023, Rab highlighted the indispensable role

Emmanuel Ochayi

11 months ago

Currency·Latest News

Naira Devaluation Has Caused ‘Japa’ Tsunami Among Lecturers – UNILAG VC

The Vice-Chancellor of the University of Lagos, Prof. Folashade Ogunsola, has disclosed that the exchange rate of the naira to the dollar has so devalued the salaries of university workers that most

Victor Ezejaand

Admin

11 months ago

Moghalu Lists What Makes Emefiele Most Damaging CBN Governor In History

Business·Finance & Economy·Latest News

Moghalu Criticizes ‘Media Trial’ Of Godwin Emefiele, Stresses Caution Amid Fraud Allegations

Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has stepped forward to condemn what he termed a “media trial” surrounding the allegations against ex-CBN chief Godwin Emefiele. Emefiele

Emmanuel Ochayi

11 months ago

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Finance & Economy - Page 76

Nigeria’s Riverside LNG To Supply Gas To South Africa

OPEC Predicts High Oil Demand In 2024

Naira Gains Against Dollar At N872/$ With Increased Forex Turnover

Emefiele: CBN Investigator Summons Lemo Over Alleged Irregular Union Bank Acquisition

Naira Depreciates To N1,233/$ In Parallel Market, Registers Tepid Movement Across Forex Platforms

Nigeria Faces N289.6bn Oil Revenue Dip In November; Minister Stresses Production Goals, OPEC Commitment

Fuel Subsidy: SERAP Sues NNPCL Over Nigeria’s Oil Revenue Secrecy

Expert Urges Strong Financial Institutions For Economic Growth

Naira Devaluation Has Caused ‘Japa’ Tsunami Among Lecturers – UNILAG VC

Moghalu Criticizes ‘Media Trial’ Of Godwin Emefiele, Stresses Caution Amid Fraud Allegations

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