Finance & Economy - Page 94

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

NNPCL Begins Crude Oil Supply To Test-run Port Harcourt Refinery

Nigerian National Petroleum Company Limited (NNPCL) has initiated the supply of crude oil for the test-running of the Port Harcourt Refinery.

Emmanuel Ochayi

1 year ago

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

Finance & Economy·News

2024: Tinubu Promises Ease Of Doing Business, As Nigerians Face Hard Times

Amidst hard times occasioned by surging inflation, Nigerian president, Bola Tinubu, has promised to do everything possible to remove obstacles to ease of doing business in the country. The inflation, caused by

Victor Ezeja

1 year ago

How EFEMS Transparency Fuels Naira Demand In Parallel Market

Business·Currency·News

Exchange Rate Closes Year At Historic Low Of N907/$1 In Official Market

Nigerian Naira closed the year at an unprecedented exchange rate of N907.11 per dollar at the official market, signifying a 26.8% depreciation since June 14th, amid a tumultuous year for Africa's largest

Emmanuel Ochayi

1 year ago

NUPRC CHIEF EXECUTIVE ENGR GBENGA KOMOLAFE

News·Oil & Gas

Oil Production: NUPRC Mandates Allocation Of 483,000 bpd To Local Refineries In 2024

NUPRC has mandated oil producers to allocate not less than 483,000 barrels per day (bpd) of crude oil to domestic refineries for the initial half of 2024.

Emmanuel Ochayi

1 year ago

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

Finance & Economy

How President Tinubu Is Violating Laws With Securitization Of N7.3trn Ways-and-Means Revenue From CBN

President Bola Tinubu's push for the securitization of the 7.388 trillion Naira debit balance within the Consolidated Revenue Fund (CRF) has ignited a fiery debate in the legislative arena and Nigerians.

Emmanuel Ochayi

1 year ago

Business·News·Oil & Gas

IPMAN Threatens Operational Suspension In Anambra State Over Unpaid N900 Million Debt

The Independent Petroleum Marketers Association of Nigeria (IPMAN) issued a warning to halt its operations in Anambra State due to the Anambra State Government’s failure to settle a debt amounting to N900 million.

Emmanuel Ochayi

1 year ago

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency·News

Nigeria’s Foreign Reserves Hit Six-Year Low At $32.87bn As Naira Struggles

Nigeria’s economic landscape faces fresh turmoil as the country’s foreign exchange reserves hit a bleak low, recording $32.87 billion at December’s close, marking a six-year nadir. The data, revealed via the Central

Emmanuel Ochayi

1 year ago

Business·Currency

Naira To Sustain Depreciation In 2024 – Analysis Reveals

A grim forecast by Bloomberg L.P. has surfaced, signaling a continued slump of the Naira throughout 2024.

Emmanuel Ochayi

1 year ago

Nigeria's Inflation Rate Hits 33.88% In October Amid Fresh Fuel Price Spike

Business·Finance & Economy

Nigerians Grapple With Soaring Living Costs, Borrow N740bn Amidst Inflation Surge

Nigerians have borrowed approximately N740 billion from banks between January and September this year, according to the Central Bank of Nigeria's quarterly economic reports.

Emmanuel Ochayi

1 year ago

Naira Strengthens By N63.72 Against Dollar In January As CBN Policies Boost Confidence

Finance & Economy·Opinion

CBN: Working Towards A Healthy Economy

By Arize Nwobu Some of the parameters that are used to define a healthy economy include the levels of imports and exports, exchange rate, interest rate, unemployment rate, consumer confidence and

Arize Nwobu

1 year ago

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Finance & Economy - Page 94

NNPCL Begins Crude Oil Supply To Test-run Port Harcourt Refinery

2024: Tinubu Promises Ease Of Doing Business, As Nigerians Face Hard Times

Exchange Rate Closes Year At Historic Low Of N907/$1 In Official Market

Oil Production: NUPRC Mandates Allocation Of 483,000 bpd To Local Refineries In 2024

How President Tinubu Is Violating Laws With Securitization Of N7.3trn Ways-and-Means Revenue From CBN

IPMAN Threatens Operational Suspension In Anambra State Over Unpaid N900 Million Debt

Nigeria’s Foreign Reserves Hit Six-Year Low At $32.87bn As Naira Struggles

Naira To Sustain Depreciation In 2024 – Analysis Reveals

Nigerians Grapple With Soaring Living Costs, Borrow N740bn Amidst Inflation Surge

CBN: Working Towards A Healthy Economy

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