Finance & Economy - Page 82

Nigeria Blocks $802 million Revenue Belonging To Foreign Airlines

‘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

FBN Holding Appoints Otedola As Chairman Days After Return To Forbes African Billionaires

Business·Latest News·Oil & Gas

Dangote’s $20 Billion Refinery To Propel Nigeria’s Economic Transformation, Environmental Sustainability- Otedola

Femi Otedola, a Nigerian billionaire investor, hailed Aliko Dangote’s colossal refinery project as a game-changer for Nigeria’s economy and environmental goals. Otedola, in a social media announcement on X (formerly Twitter), extending

Emmanuel Ochayi

12 months ago

Naira Depreciation Spurs Export Surge To N35trn

Business·Currency

Here’s How You Can Identify Fake Naira Notes CBN Warned About

Against the backcloth of the credible alarm raised by the Central Bank of Nigeria (CBN) over the circulation of fake naira notes, particularly the higher denominations in parts of the country, the

Victor Ezejaand

Admin

12 months ago

NNPC Reveals 127 Incidents Of Crude Oil Thefts In 1 Week

Business·Latest News·Oil & Gas

About 4,800 Illegal Pipeline Connections Nationwide- NNPCL Reveals

The Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd. (NNPCL), Mele Kyari, highlighted 4,800 illegal connections discovered across 5,000 kilometers of oil pipelines throughout Nigeria. During a presentation before

Emmanuel Ochayi

12 months ago

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

Business·Latest News·Oil & Gas·World News

COP28: OPEC Urges Members To Reject Fossil Fuel Phase-Out, Stresses Emission Cuts

OPEC’s Secretary General, Haitham Al-Ghais, called upon member nations to prioritize emission reductions over targeting fossil fuels, citing the necessity for a fair transition. Al-Ghais expressed concerns about politically motivated campaigns endangering

Emmanuel Ochayi

12 months ago

Business·Finance & Economy·Latest News

Moodys Upgrades Nigeria’s Credit Outlook To Positive Amid Inflation Rate Of 27.33%

Moody’s Investors Service, a global rating agency, has shifted Nigeria’s credit outlook from stable to positive, heralding a potential reversal in the country’s fiscal and external decline due to robust government reforms.

Emmanuel Ochayi

12 months ago

Business·Oil & Gas

Cooking Gas Price To Crash As FG Lifts VAT, Import Duty On LPG

In a bid to reduce the soaring price of cooking gas in the country, the Nigerian government has exempted the importation of liquefied petroleum gas (LPG) and its equipment from the payment

Victor Ezejaand

Admin

12 months ago

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 18th July 2024

Business·Currency·Latest News

Naira Plunges To N1,099/$1 In Official Market, Triggering Economic Concerns Ahead Of Christmas

The Nigerian Naira hit an unprecedented low, closing at N1,099.05 per dollar on Friday, December 8th, 2023, in the official market. This marked a staggering depreciation from its previous rate, setting a

Emmanuel Ochayi

12 months ago

Entrepreneurship·Startup

Money Raised But Not Wired: Unimaginable Struggles of Nigerian Startups

While Nigerian startups continue to make waves globally with their innovative ideas and technological prowess, a less-told narrative is emerging — the hidden struggles of startup founders in translating raised capital into

Godwin Shaibu

12 months ago

Business·Currency·Latest News

CBN Warns Over Surge In Fake Naira; Urges Vigilance Amidst Growing Concerns

In response to the escalating circulation of forged higher denomination banknotes within various commercial hubs across Nigeria, the Central Bank of Nigeria (CBN) has issued a warning on the surge in fake

Emmanuel Ochayi

12 months ago

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Finance & Economy - Page 82

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

Dangote’s $20 Billion Refinery To Propel Nigeria’s Economic Transformation, Environmental Sustainability- Otedola

Here’s How You Can Identify Fake Naira Notes CBN Warned About

About 4,800 Illegal Pipeline Connections Nationwide- NNPCL Reveals

COP28: OPEC Urges Members To Reject Fossil Fuel Phase-Out, Stresses Emission Cuts

Moodys Upgrades Nigeria’s Credit Outlook To Positive Amid Inflation Rate Of 27.33%

Cooking Gas Price To Crash As FG Lifts VAT, Import Duty On LPG

Naira Plunges To N1,099/$1 In Official Market, Triggering Economic Concerns Ahead Of Christmas

Money Raised But Not Wired: Unimaginable Struggles of Nigerian Startups

CBN Warns Over Surge In Fake Naira; Urges Vigilance Amidst Growing Concerns

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