Finance & Economy - Page 90

Dangote Refinery: Fueling Nigeria's Economic Resurgence or Monopoly Menace?

Dangote Refinery: Will Petrol Price Crash?

In the ever-evolving saga of petrol prices, the Dangote Refinery emerges as a potential game-changer. While the answer to whether prices will crash remains elusive, a closer look at the intricacies reveals

Emmanuel Ochayi

1 year ago

Business·Oil & Gas

Dangote Refinery Kicks Off Crude Oil Refining, Paving Way For Nigeria’s Energy Independence

In the early hours of Friday, the Dangote Refinery, situated in Lekki, Lagos Nigeria, commenced operations following the successful delivery of six million barrels of crude supply in batches since December 2023.

Emmanuel Ochayi

1 year ago

Naira vs Dollar: What To Expect This Week

Business·Currency

Naira Falls By N15.75, Closes At N890/$1

In a turn of events, the Nigerian naira experienced a notable dip against the dollar on Friday, January 12, 2024, both in official and black market exchange windows. Data from the NAFEM,

Emmanuel Ochayi

1 year ago

News·Oil & Gas

Total Energies Visits NCDMB, Reconfirms FID for Ubeta Project In 2024, Others Underway

Hopes of new projects that would revitalize the Nigerian oil and gas industry and grow local content appear close to realization as the Managing Director and Country Chair TotalEnergies E&P Nigeria Limited,

Admin

1 year ago

Naira Appreciates Against Dollar At Official, Black Market

Business·Currency

Naira Appreciates To N874 In Official Market Amid $2.25bn FX Support

The Naira staged a recovery, appreciating by 19.17% against the dollar at the official market on Thursday, January 11, 2024.

Emmanuel Ochayi

1 year ago

Agro-Economy·News

Gov Eno Seeks Tinubu’s Support For Akwa Ibom’s Oil Palm Resuscitation

Governor Umo Eno of Akwa Ibom State has sought President Bola Tinubu's backing for the revival of a 28-year-old dormant oil palm project in the state.

Emmanuel Ochayi

1 year ago

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

Business·Currency

Naira Depreciation Deepens, Exchanges N1,089.51/$1 At Official Market 

The value of the Nigerian naira dropped on Tuesday in the official Investor and Exporter window from N856.57/$ on Monday to N1089.51/$.

Victor Ezeja

1 year ago

Business·News·Oil & Gas

NNPCL Records Over N2trn Profit Amid Battle Against Oil Theft

Nigerian National Petroleum Company Limited (NNPCL) announced its historic profit of N2.548tn in 2022, marking its peak since establishment.

Emmanuel Ochayi

1 year ago

Business·Finance & Economy·News

World Bank Predicts Return Of Nigeria’s Per Capita Income To Pre-pandemic Level By 2025

The World Bank’s latest Global Economic Prospects report paints a hopeful picture for Nigeria’s economic resurgence, forecasting a return to pre-pandemic per capita income levels by 2025. Speaking on the country’s prospects,

Emmanuel Ochayi

1 year ago

Business·News·Oil & Gas

Dangote Refinery To Receive Fresh 4 Crude Oil Cargoes From NNPC In February

There are indications that the Dangote refinery is to receive a fresh supply of four crude oil cargoes from the Nigerian National Petroleum Company Limited (NNPCL) in February

Victor Ezeja

1 year ago

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Finance & Economy - Page 90

Dangote Refinery: Will Petrol Price Crash?

Dangote Refinery Kicks Off Crude Oil Refining, Paving Way For Nigeria’s Energy Independence

Naira Falls By N15.75, Closes At N890/$1

Total Energies Visits NCDMB, Reconfirms FID for Ubeta Project In 2024, Others Underway

Naira Appreciates To N874 In Official Market Amid $2.25bn FX Support

Gov Eno Seeks Tinubu’s Support For Akwa Ibom’s Oil Palm Resuscitation

Naira Depreciation Deepens, Exchanges N1,089.51/$1 At Official Market

NNPCL Records Over N2trn Profit Amid Battle Against Oil Theft

World Bank Predicts Return Of Nigeria’s Per Capita Income To Pre-pandemic Level By 2025

Dangote Refinery To Receive Fresh 4 Crude Oil Cargoes From NNPC In February

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