Finance & Economy - Page 8

Renaissance Fully Takes Over Shell’s $2.4bn Onshore Asset In Nigeria

Shell has finally completed the sale of its Nigerian onshore subsidiary, Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance Africa Energy Holdings. In separate statements on Thursday, both energy firms

Victor Ezeja

March 14, 2025

Business·FEATURES·Oil & Gas

Kaduna Refinery: The Role Of Local Refining In Nigeria’s Fuel Economy

In Nigeria, the paradox of being a leading crude oil producer yet heavily reliant on imported refined petroleum products has long puzzled many. This dependency has not only strained the nation’s economy

Emmanuel Ochayi

March 14, 2025

Business·Oil & Gas

Fuel Price War Intensifies As Landing Cost Drops To N774

The fuel price war in Nigeria’s downstream oil sector has taken a new turn as the landing cost of premium motor spirit (PMS) has dropped to N774.82 per litre. This is lower

Emmanuel Ochayi

March 13, 2025

Business·Finance & Economy·Top Stories

Five Stocks That Outperformed The NGX This Week—Should You Buy?

The Nigerian Exchange (NGX) had a mixed week, but some stocks outperformed the broader market, delivering impressive gains for investors. If you’re wondering whether these high-performing stocks are worth buying, we’ll break

Elsie Udoh

March 13, 2025

5 Reasons Nigeria's Crude Oil Production is Declining – And What Next

Business·Oil & Gas

Why Nigeria’s Crude Oil Production Is Declining – And What Next

Nigeria, Africa’s largest oil producer, is experiencing a steady drop in crude oil production. Once a major global supplier, the country has struggled to maintain its production levels due to several challenges.

Emmanuel Ochayi

March 13, 2025

Africa·Oil & Gas

How 10 Africa’s Most Populous Countries Generate Power

Africa is rich in natural resources, yet many of its most populous countries struggle to generate enough electricity. Power shortages impact economic growth and daily life, making energy security a major challenge.

Emmanuel Ochayi

March 13, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 21st March 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 13th March 2025

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market,

Victor Ezeja

March 13, 2025

Finance & Economy·Opinion

Perspectives On Inflation

The Central Bank of Nigeria (CBN) has been making good efforts and using the necessary monetary tools, especially the Monetary Policy Rate (MPR), to fight inflation, and it is anticipated that the

Arize Nwobu

March 12, 2025

10 African Countries With The Lowest Fuel Prices In March

Business·Oil & Gas

Petrol Price Reduction Threatening Our Businesses, Marketers Ask FCCPC, NMDPRA To Intervene

Oil marketers in Nigeria have raised concerns over frequent reductions in petrol prices, warning that their businesses are at risk. The Petroleum Products Retail Outlets Association of Nigeria (PETROAN) has called on

Emmanuel Ochayi

March 12, 2025

Dangote Vs NNPCL: Petrol Price War Leaves Independent Marketers Struggling

Business·FEATURES·Oil & Gas

Nigeria’s Oil Gamble: Will Dangote Refinery, NNPCL’s Naira-for-crude Deal Reshape Energy Market?

Nigeria In October 2024 embarked on a bold initiative to strengthen its energy sector by implementing the “Naira-for-crude” policy. This strategy allowed local refineries to purchase crude oil in the local currency,

Emmanuel Ochayi

March 12, 2025

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Finance & Economy - Page 8

Renaissance Fully Takes Over Shell’s $2.4bn Onshore Asset In Nigeria

Kaduna Refinery: The Role Of Local Refining In Nigeria’s Fuel Economy

Fuel Price War Intensifies As Landing Cost Drops To N774

Five Stocks That Outperformed The NGX This Week—Should You Buy?

Why Nigeria’s Crude Oil Production Is Declining – And What Next

How 10 Africa’s Most Populous Countries Generate Power

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 13th March 2025

Perspectives On Inflation

Petrol Price Reduction Threatening Our Businesses, Marketers Ask FCCPC, NMDPRA To Intervene

Nigeria’s Oil Gamble: Will Dangote Refinery, NNPCL’s Naira-for-crude Deal Reshape Energy Market?

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