Finance & Economy - Page 94

Dangote’s $19B Refinery Set To Meet Nigeria’s Energy Demands

Africa’s wealthiest individual, Aliko Dangote, has confirmed that the output from his $19 billion refinery complex is poised to soon meet the energy demands of Nigeria and global markets. Speaking with Bloomberg

Emmanuel Ochayi

1 year ago

Business·Currency·Latest News

Naira Rises To N780/$1 In Official Market, Depreciates In Black Market

Today’s financial landscape presents a tale of dual destinies for the Nigerian naira: a soaring achievement in the official market as it reaches a new high of N780 against the dollar, juxtaposed

Emmanuel Ochayi

1 year ago

Business·Finance & Economy·Latest News

UBA, Saudi EXIM Bank Partner To Boost Trade, Business Relations

In a move aimed at bolstering economic ties between Africa and Saudi Arabia, the United Bank for Africa (UBA) Plc and Saudi Export-Import Bank (Saudi EXIM) have solidified a partnership. This collaborative

Emmanuel Ochayi

1 year ago

Blue Economy: Tinubu Appoints New Executive Directors For NPA, NIMASA

Business·Finance & Economy·Latest News

Nigeria’s 2023 Budget Strain: FG To Spend N7.76tn On Salaries, Others

Nigeria’s Federal Government is grappling with financial commitments as the latest budget forecasts a portion of funds—N7.76tn—allocated to cover salaries, recurrent expenses, and new outlays outlined in the 2023 supplementary budget. This

Emmanuel Ochayi

1 year ago

Finance & Economy

How China’s Slowing Economy Drags Nigeria’s – IMF

As the biggest trading partner of Sub-Saharan African and market for one-fifth of the region’s exports, any form of slow growth in China would have a ricochet effect across the continent, the

Victor Ezejaand

Admin

1 year ago

Finance & Economy·Latest News

Solid Minerals Remit Least As Nigeria’s Revenue From NNPC Declines By 56% In 2 Years

It has emerged that between the 1st of January 2020 and 31st of December, 2021, contributions from the Nigerian National Petroleum Company (NNPC) to the federation’s purse declined significantly by 56 per

Victor Ezejaand

Admin

1 year ago

Finance & Economy·Latest News

AfDB’s Adesina Differentiates Between Africa’s Fastest Way Out Of Poverty, And Into Wealth

Insisting that Africa must help feed the world by becoming a global player in agriculture, President of the African Development Bank (AfDB), Dr Akinwumi Adesina says “We must recognise that the fastest

Victor Ezejaand

Admin

1 year ago

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency·Latest News

Naira Gains To N1120/$1 As Nigerian Govt Aims To Boost Dollar Supply

The Naira experienced a gain of 1.75 percent against the dollar on the parallel market, reaching N1120/$1 on Thursday. This upward movement is attributed to growing optimism surrounding the government’s plans to enhance

Emmanuel Ochayi

1 year ago

Democracy Day: Nigeria In A Classical State Capture - Obi

Business·Finance & Economy·Latest News·Politics

Obi Slams ‘Lavish’ Expenditure in 2023 Supplementary Budget, Calls For Focus On National Welfare

In a scathing critique of the approved N2.17 trillion 2023 supplementary budget, former Anambra state governor and Labour Party presidential candidate, Mr. Peter Obi, lambasted the government’s allocation of funds for what

Emmanuel Ochayi

1 year ago

Business·Currency·Latest News

Naira Depreciates In Official Market, Black Market On Wednesday

The naira took a dip against the U.S. dollar, leaving speculators scratching their heads. The official market, usually a bastion of stability, witnessed a 0.55% depreciation, closing at N874.71 to a dollar

Emmanuel Ochayi

1 year ago

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Finance & Economy - Page 94

Dangote’s $19B Refinery Set To Meet Nigeria’s Energy Demands

Naira Rises To N780/$1 In Official Market, Depreciates In Black Market

UBA, Saudi EXIM Bank Partner To Boost Trade, Business Relations

Nigeria’s 2023 Budget Strain: FG To Spend N7.76tn On Salaries, Others

How China’s Slowing Economy Drags Nigeria’s – IMF

Solid Minerals Remit Least As Nigeria’s Revenue From NNPC Declines By 56% In 2 Years

AfDB’s Adesina Differentiates Between Africa’s Fastest Way Out Of Poverty, And Into Wealth

Naira Gains To N1120/$1 As Nigerian Govt Aims To Boost Dollar Supply

Obi Slams ‘Lavish’ Expenditure in 2023 Supplementary Budget, Calls For Focus On National Welfare

Naira Depreciates In Official Market, Black Market On Wednesday

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