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Day: January 30, 2024

Foreign Exchange: Naira plungs to N1348.63/$
BankingBusinessFinanceLocalMarketStockTrade

Foreign Exchange: Naira plungs to N1348.63/$

The Nigerian Autonomous Foreign Exchange Market witnessed a historic low on Monday as the naira plunged to N1348.63 against the…

byayotilewaJanuary 30, 2024January 30, 2024
Pension Scheme Assets Hit N18.36tn, Increases by 22%
BreakingCommodities

Pension Scheme Assets Hit N18.36tn, Increases by 22%

Data released by the National Pension Commission reveals that the total assets under the Contributory Pension Scheme soared to N18.36tn…

byayotilewaJanuary 30, 2024January 30, 2024
OPay Bolsters Security Measures to Combat Financial Fraud
BankingBusinessFinanceLocal

OPay Bolsters Security Measures to Combat Financial Fraud

Nigerian financial technology firm OPay has launched an array of security measures aimed at fortifying its platform against financial fraud,…

byayotilewaJanuary 30, 2024January 30, 2024
Exit of Burkina Faso, Mali, and Niger Threatens ECOWAS Trade Relations
AfricaBusinessLocalTrade

Exit of Burkina Faso, Mali, and Niger Threatens ECOWAS Trade Relations

The potential withdrawal of Burkina Faso, Mali, and Niger Republic from the Economic Community of West African States (ECOWAS) poses…

byayotilewaJanuary 30, 2024January 30, 2024
Nigeria-Morocco Gas Pipeline: Minister Assures Uninterrupted Supply
AfricaBusinessCommoditiesLocalMarketTrade

Nigeria-Morocco Gas Pipeline: Minister Assures Uninterrupted Supply

Mr. Ekperikpe Ekpo, the Minister of State for Petroleum Resources (Gas), has provided reassurance of uninterrupted supply to the Nigeria-Morocco…

byayotilewaJanuary 30, 2024January 30, 2024
FG to Enforce Sanctions on Vessels Violating Maritime Regulations
AfricaBusinessLocalMaritime

FG to Enforce Sanctions on Vessels Violating Maritime Regulations

During the arrival ceremony of the ‘CMA CGM Scandola’, the largest container vessel fueled by Liquefied Natural Gas, at Lekki…

byayotilewaJanuary 30, 2024January 30, 2024
Dangote Refinery Plans to Import Crude from the US
BreakingBusinessFinanceinvestmentLocalMarketTrade

Dangote Refinery Plans to Import Crude from the US

In anticipation of potential supply disruptions that could jeopardize its operations, Dangote Refinery is preparing to import crude oil from…

byayotilewaJanuary 30, 2024January 30, 2024
Report Blames Nigeria’s Crude Oil Theft to  Military Complicity
Local

Report Blames Nigeria’s Crude Oil Theft to Military Complicity

Transparency International (TI), in collaboration with the Civil Society Legislative Advocacy Centre (CISLAC), has released a damning report implicating Nigeria’s…

byayotilewaJanuary 30, 2024January 30, 2024

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