News - Page 125

Africa

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Nigerian Debt: Why Are States Still Borrowing Despite Increased FAAC Allocations?

Nigerian states are in a growing financial bind. Despite substantial increases in Federal Accounts Allocation Committee (FAAC) disbursements, they are racking up more debt. The figures paint a worrying picture: as of

Emmanuel Ochayi

December 6, 2024

Africa·Politics

Ghana Decides: Mahama, 11 Others Compete For Presidency As 18 Million Voters Head To Polls

After several weeks of intense campaigns, Ghanaians will cast their ballots on Saturday, December 7 in a crucial election to decide the nation’s next president and 276 members of parliament. The outcome

John Adoyi

December 5, 2024

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Business·News·Top Stories

Naira Gains Stronger Footing As Dollar Dips To N1,567 Following CBN’s Fx Policy

The Naira strengthened significantly across foreign exchange markets on Thursday, closing at N1,567 to the dollar. This marks a N41 or 2.5% gain from Wednesday’s rate of N1,608 at the Nigerian Foreign

Emmanuel Ochayi

December 5, 2024

Business·News·Top Stories

UPDATE LIST: Companies Leaving Or Have Left Nigeria From 2020 Till Date

Every business owner, especially one who has survived past one of the most crucial parts of owning a business—the startup phase—wants to keep expanding. But then, how does any business owner (even

Elsie Udoh

December 5, 2024

Business·News·Top Stories

Sanwo-Olu Explains Nigerians’ Resistance To Tax Reform Bills

Governor Denies Lagos’ Dominance Over Tax Reform Bills Governor Babajide Sanwo-Olu of Lagos State has clarified misconceptions about the recently proposed tax reform bills, denying claims that Lagos would disproportionately benefit from

Emmanuel Ochayi

December 5, 2024

Why Nigeria's Foreign Debt Rises To N30trn- Report

Business·News·Top Stories

How Naira Depreciation Shot Nigeria’s Foreign Debt To N30trn- Report

Naira Devaluation Drives Foreign Debt Increase Nigeria’s foreign debt has surged to N30 trillion in naira terms due to significant currency depreciation. The Debt Management Office (DMO) revealed that external obligations, although

Emmanuel Ochayi

December 5, 2024

PMS Price: Marketers Raise Concerns Over Epileptic Fuel Supply

Business·News·Oil & Gas

How Marketers Import 2.3bn Litres of Fuel In 3 Months Despite Local Refinery Operations

Marketers Persist with Fuel Imports Despite the operational launch of two major refineries in Nigeria, the Dangote Petroleum Refinery and the Port Harcourt Refining Company, oil marketers have continued to import fuel.

Emmanuel Ochayi

December 5, 2024

News·Top Stories·World News

Things To Know About Tulsi Gabbard, Trump’s Pick For Director Of National Intelligence

Who Is Tulsi Gabbard? Former Congresswoman Tulsi Gabbard is set to become Director of National Intelligence, according to an announcement by President-elect Donald Trump. A military veteran and one-time Democratic representative, Gabbard’s

Emmanuel Ochayi

December 5, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 21st March 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th December 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market

Victor Ezeja

December 5, 2024

Work Ongoing On Port Harcourt Refinery’s 150,000bpd Plant – Presidency

Business·News·Oil & Gas

Port Harcourt Refinery: Mixed Feelings Over Nigeria’s Energy Future

The Long Journey to Resuscitating the Port Harcourt Refinery Nigeria’s Port Harcourt Refinery has long been a symbol of the nation’s struggle for energy independence. Once heralded as a beacon of industrial

Emmanuel Ochayi

December 5, 2024

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News - Page 125

Nigerian Debt: Why Are States Still Borrowing Despite Increased FAAC Allocations?

Ghana Decides: Mahama, 11 Others Compete For Presidency As 18 Million Voters Head To Polls

Naira Gains Stronger Footing As Dollar Dips To N1,567 Following CBN’s Fx Policy

UPDATE LIST: Companies Leaving Or Have Left Nigeria From 2020 Till Date

Sanwo-Olu Explains Nigerians’ Resistance To Tax Reform Bills

How Naira Depreciation Shot Nigeria’s Foreign Debt To N30trn- Report

How Marketers Import 2.3bn Litres of Fuel In 3 Months Despite Local Refinery Operations

Things To Know About Tulsi Gabbard, Trump’s Pick For Director Of National Intelligence

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th December 2024

Port Harcourt Refinery: Mixed Feelings Over Nigeria’s Energy Future

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