Finance & Economy - Page 81

NNPC Reveals 127 Incidents Of Crude Oil Thefts In 1 Week

Amidst escalating concerns, Nigerian National Petroleum Company Limited (NNPCL) has revealed 127 incidents of crude oil theft between December 2 and 8 within the oil-producing regions This was revealed through a report

Emmanuel Ochayi

12 months ago

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

Oil & Gas·World News

Nigeria Now Competing With Russia On Energy Supply To Europe – Tinubu Tells The World

President Bola Tinubu on Tuesday expressed Nigeria’s preparedness to participate in friendly competitions in the international market for the supply of renewable energy as a way of diversifying the country’s economy. The

Victor Ezejaand

Admin

12 months ago

#Nigeria@64: Naira-for-Crude Deal Kicks Off TuesdayAs Nigeria Set To Save Over $7bn

Business·Latest News·Oil & Gas

Ex-NNPC Executive Foresees Economic Boost, Environmental Concerns From Dangote Refinery

Dr. Godswill Ihetu, a former top executive at NNPC Limited and Nigeria LNG Limited, provided insights into the impending impact of the Dangote Refinery on Nigeria’s economy. “The commissioning process is underway,

Emmanuel Ochayi

12 months ago

Business·FEATURES·Finance & Economy·Latest News

Nigeria’s Moody’s Rating Upgrade: A Testament To Reform’s Impact- Analyst

Moody’s Investors Service, a globally recognized rating agency, shifted Nigeria’s credit outlook from stable to positive, marking a potential turning point in the nation’s fiscal and external trajectory due to robust governmental

Emmanuel Ochayi

12 months ago

Naira Weakens Further Against Dollar, Ends Week On Negative Note

Business·Currency·Latest News

Naira Bounces Back, Appreciates To N864/ $1 In Official Market

In a turn of events, the Naira staged a comeback against the dollar, marking a 27.16% appreciation at the official market on Monday, December 11th, 2023. Following its historical low just days

Emmanuel Ochayi

12 months ago

Economy: Don’t Suffocate Businesses, CPPE Warns Regulatory Agencies

Business·Currency·Latest News

CPPE Urges CBN To Reconsider Exchange Rate Surge For Sustainable Economic Growth

Dr. Muda Yusuf, CEO of the Centre for Promotion of Private Enterprise (CPPE), raised concerns over the Central Bank’s decision to elevate the customs exchange rate, emphasizing the potential detrimental impact on

Emmanuel Ochayi

12 months ago

Business·Latest News·Oil & Gas

Eterna Plc, TotalEnergies, MRS Oil Forecast N290bn Revenue In Q1 2024 Amidst Market Surge

In a bold toward Q1 2024, three major oil and gas entities—Eterna Plc, TotalEnergies Marketing Nigeria Plc, and MRS Oil—have revealed projections totaling N290 billion in revenue, as disclosed in their earnings

Emmanuel Ochayi

12 months ago

Business·Finance & Economy·Latest News

Nigerian Govt Records N1.54tn Fiscal Deficit Amid Revenue Boost

In a financial disclosure from the Central Bank of Nigeria (CBN), the Federal Government faced an N1.54 trillion fiscal deficit during July and August 2023, despite a surge in revenue streams. The

Emmanuel Ochayi

12 months ago

CBN Reforms Yielding Positive Returns As FX Transactions Surge To $800m, CBN Gov Assert

Business·Finance & Economy·Latest News

Nigeria’s External Reserves Decline By $520 Million In 5 Weeks, CBN Warns Of Economic Challenges

The Central Bank of Nigeria (CBN) disclosed a $520.22 million reduction in the country’s external reserves within five weeks, plummeting from $33.396 billion as of October 31, 2023, to $33.004 billion by

Emmanuel Ochayi

12 months ago

Nigeria Blocks $802 million Revenue Belonging To Foreign Airlines

Business·Currency·Transport

‘Foreign Airlines May Exit Nigeria’s Airspace’ – IATA Ranks Nigeria Country With Highest Trapped Funds

It has emerged that over $792 million belonging to foreign airlines are currently trapped in Nigeria leaving them without dollar bills for their business, a development that is currently hampering their operations

Victor Ezejaand

Admin

12 months ago

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Finance & Economy - Page 81

NNPC Reveals 127 Incidents Of Crude Oil Thefts In 1 Week

Nigeria Now Competing With Russia On Energy Supply To Europe – Tinubu Tells The World

Ex-NNPC Executive Foresees Economic Boost, Environmental Concerns From Dangote Refinery

Nigeria’s Moody’s Rating Upgrade: A Testament To Reform’s Impact- Analyst

Naira Bounces Back, Appreciates To N864/ $1 In Official Market

CPPE Urges CBN To Reconsider Exchange Rate Surge For Sustainable Economic Growth

Eterna Plc, TotalEnergies, MRS Oil Forecast N290bn Revenue In Q1 2024 Amidst Market Surge

Nigerian Govt Records N1.54tn Fiscal Deficit Amid Revenue Boost

Nigeria’s External Reserves Decline By $520 Million In 5 Weeks, CBN Warns Of Economic Challenges

‘Foreign Airlines May Exit Nigeria’s Airspace’ – IATA Ranks Nigeria Country With Highest Trapped Funds

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