Finance & Economy - Page 77

FG, States, LGAs Shares N1.411trn Revenue In October, FAAC Reveals

Unified Exchange Rate Drives N1.36trn Revenue Gains For States- FAAC

In a financial revelation reshaping the economic landscape, Nigeria’s adoption of a unified exchange rate has led to a surge in foreign exchange gains, soaring to N1.36 trillion within six months. The

Emmanuel Ochayi

11 months ago

What Govt Should Do To Rein In Inflation

Business·Finance & Economy·Latest News

Inflation’s Grip Tightens As Nigerians Brace For A Pricey Christmas Amid Soaring Costs

As Christmas approaches, Nigerians face mounting financial strain due to relentless inflation that continues to erode their purchasing power. The cost of essential items crucial for a festive celebration has surged, leaving

Emmanuel Ochayi

11 months ago

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

Business·Latest News·Oil & Gas

Port Harcourt Refinery’s Phase 2 Repair Set For Completion In Q4 2024 – Kyari

Group Chief Executive Officer of the Nigeria National Petroleum Company Limited (NNPCL), Mele Kyari, has reassured that the second phase of repair works at the Port Harcourt refinery will be completed by

Emmanuel Ochayi

11 months ago

Nigeria Reaffirms OPEC Commitment Amid Angola's Exit, Aims To Exceed Production Targets

Africa·Business·Latest News·Oil & Gas

Nigeria Reaffirms Commitment To OPEC, Aims To Exceed Production Targets Amid Angola’s Exit

Following Angola’s withdrawal from the Organisation of Petroleum Exporting Countries (OPEC), Nigeria has reiterated its allegiance to OPEC while vowing to surpass production targets set by the organisation in 2024. Addressing concerns

Emmanuel Ochayi

11 months ago

Business·Finance & Economy·Latest News

How Nigeria Can Generate Trillions Annually From Non-Oil Assets – Taiwo Oyedele

Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, said Nigeria has a great potential to amass an annual revenue of N10 trillion by efficiently managing its non-oil

Emmanuel Ochayi

11 months ago

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

Business·Currency·Latest News

Naira Weakens To N885.88/$1, Stirring Christmas Spending Concerns

The Nigerian naira faced a 2.71% depreciation against the dollar on Friday, closing at N885.88/$1. The situation, compounded by a 22% reduction in forex turnover to $92.16 million, has sparked worries about

Emmanuel Ochayi

11 months ago

Business·Latest News·Oil & Gas

Dangote Refinery Receives Additional 1Million-Barrel Crude Shipment

Dangote Refinery has marked a significant step forward in its path to commencing the production of refined petroleum products as it has received an additional one million barrels of bonny light crude

Emmanuel Ochayi

11 months ago

Nigerian Govt Announces ‘Mechanical Completion’ Of Port Harcourt Refinery, States When Fuel Production Starts

The Port Harcourt Refining Company (PHRC) in Rivers State is about to recommence operations in line with the Nigerian government’s promise to ensure the production of refined petroleum products at the facility

Victor Ezejaand

Admin

11 months ago

Business·Latest News·Oil & Gas

Oil Theft: Army Discovers 636 Illegal Refining Sites, Seizes 21.7M Litres Of Crude Worth N54bn In 5 Months

In an extensive and relentless operation spanning five months, the Nigerian military has made significant strides against oil theft, unearthing 636 illegal refining sites and intercepting a mammoth 21.7 million litres of

Emmanuel Ochayi

11 months ago

Business·Finance & Economy·Latest News

Nigerian Lawmakers Advocate Adoption Of Chinese Yuan To Safeguard Naira

In a bid to fortify the Nigerian economy against the volatility of the Naira and enhance trade relations, the House of Representatives has pushed for the adoption of the Chinese Yuan as

Emmanuel Ochayi

11 months ago

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Finance & Economy - Page 77

Unified Exchange Rate Drives N1.36trn Revenue Gains For States- FAAC

Inflation’s Grip Tightens As Nigerians Brace For A Pricey Christmas Amid Soaring Costs

Port Harcourt Refinery’s Phase 2 Repair Set For Completion In Q4 2024 – Kyari

Nigeria Reaffirms Commitment To OPEC, Aims To Exceed Production Targets Amid Angola’s Exit

How Nigeria Can Generate Trillions Annually From Non-Oil Assets – Taiwo Oyedele

Naira Weakens To N885.88/$1, Stirring Christmas Spending Concerns

Dangote Refinery Receives Additional 1Million-Barrel Crude Shipment

Nigerian Govt Announces ‘Mechanical Completion’ Of Port Harcourt Refinery, States When Fuel Production Starts

Oil Theft: Army Discovers 636 Illegal Refining Sites, Seizes 21.7M Litres Of Crude Worth N54bn In 5 Months

Nigerian Lawmakers Advocate Adoption Of Chinese Yuan To Safeguard Naira

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