Latest News in Nigeria – Page 47 of 91

NYSC Member Partners Foundation To Provide Educational Aid To Schools In Cross River School

In an effort to improve the learning environment for students in public schools, the El Echad Foundation has partnered with National Youth Service Corps (NYSC) member Victoria Adeoye to donate desks, chairs,

Emmanuel Ochayi

December 16, 2024

Tinubu Hails Shell, Partners' $5bn Deepwater Project In Nigeria's Energy Sector

Business·News·Oil & Gas

Tinubu Hails Shell, Partners’ $5bn Investment In Nigeria’s Oil Sector

President Bola Ahmed Tinubu has hailed Shell and its partners’ $5 billion investment in the Bonga North Deep Offshore Field, marking a major step forward for Nigeria’s energy sector. This investment, announced

Emmanuel Ochayi

December 16, 2024

Business·Markets·News

ATIDI, ASF Sign Deal To Strengthen Investment, Trade In Africa

African Trade & Investment Development Insurance (ATIDI) and African Solidarity Fund (ASF) have signed a cooperation agreement aimed at boosting investment and trade in Africa. The agreement, signed during the Africa Investment

Emmanuel Ochayi

December 16, 2024

Addressing Forex Instability and Fuel Costs

Business·FEATURES·News·Oil & Gas

NNPCL’s 2% Fuel Price Reduction Not Enough ‘Christmas Gift’, Nigerians React

Many Nigerians are unhappy with what appears a paltry reduction of petrol pump price as ‘Christmas Gift’ by the country’s national oil company. Recently, The Independent Petroleum Marketers Association of Nigeria (IPMAN) urged the Dangote

Emmanuel Ochayi

December 16, 2024

Cash Scarcity: Nigerians Express Concerns Over Financial Struggles This Festive Season

Business·FEATURES·News

Nigerians Worry Over Cash Scarcity As Yuletide Approaches

As the festive period draws closer, Nigerians are gripped by the reality of persistent cash scarcity. Despite efforts to promote a cashless economy, data from the Central Bank of Nigeria (CBN) reveals

Emmanuel Ochayi

December 16, 2024

71.4% Of Nigerians Call For Interest Rate Reduction – CBN Survey

Business·News

CBN Warns On Continuous Scarcity As Cash In Circulation Hits N4.3trn

Nigeria’s cash scarcity continues to worsen despite a sharp rise in the amount of currency held outside banks. Data from the Central Bank of Nigeria (CBN) shows that over 90% of the

Emmanuel Ochayi

December 15, 2024

Business·News·Oil & Gas

IPMAN Urges Dangote Refinery To Cut Petrol Price, Cites Drop In Landing Cost

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Dangote Refinery to reduce its petrol prices. The association’s plea comes after the estimated cost of landing petrol in Nigeria

Emmanuel Ochayi

December 15, 2024

CBN Imposes N150m Fines On Banks Over Naira Hawking, Warns Of Tougher Sanctions

Business·News

CBN Imposes N150m Fine On Banks Over Naira Hawking, Warns Of Tougher Sanctions

The Central Bank of Nigeria (CBN) has imposed a N150 million fine on Deposit Money Banks (DMBs) found guilty of supporting the illegal trade of mint naira notes. This move is part

Emmanuel Ochayi

December 14, 2024

Nigeria’s Tax Reform Bills: A Necessary Shift Or A Burden On Citizens?

Business·FEATURES·News

Nigeria’s Tax Reform Bills: Necessary Shift Or Burden On Citizens?

Nigeria’s government has introduced sweeping tax reform bills to broaden the country’s revenue base and reduce its reliance on oil. With interest rates soaring above 27% and inflation surpassing 30%, the move

Emmanuel Ochayi

December 14, 2024

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Markets·News

Nigerian Equity Market Hits N60trn Mark As Stocks Surge

The Nigerian equity market has reached a major milestone as its capitalisation surpassed N60 trillion at the close of trading on Friday. This achievement follows a surge in share prices of key

Emmanuel Ochayi

December 14, 2024

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Latest News in Nigeria - Page 47

NYSC Member Partners Foundation To Provide Educational Aid To Schools In Cross River School

Tinubu Hails Shell, Partners’ $5bn Investment In Nigeria’s Oil Sector

ATIDI, ASF Sign Deal To Strengthen Investment, Trade In Africa

NNPCL’s 2% Fuel Price Reduction Not Enough ‘Christmas Gift’, Nigerians React

Nigerians Worry Over Cash Scarcity As Yuletide Approaches

CBN Warns On Continuous Scarcity As Cash In Circulation Hits N4.3trn

IPMAN Urges Dangote Refinery To Cut Petrol Price, Cites Drop In Landing Cost

CBN Imposes N150m Fine On Banks Over Naira Hawking, Warns Of Tougher Sanctions

Nigeria’s Tax Reform Bills: Necessary Shift Or Burden On Citizens?

Nigerian Equity Market Hits N60trn Mark As Stocks Surge

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