News Update Here is the USD to Naira exchange rate for Wednesday: December 11, 2024 See the Naira performance across various currencies Currency dealers in Abuja Zone 4 market, Nigeria said a…
Category: Business
Dollar, Other Foreign Currencies to Naira Rate, Monday
News Update Here is the USD to Naira exchange rate for Monday: December 9, 2024 See the Naira performance across various currencies Currency dealers in Abuja Zone 4 market, Nigeria said a…
Fuel Imports Hit 2.3 Billion Litres Despite New Refineries
Nigeria’s Premium Motor Spirit (petrol) import has increased to 2.3 billion litres from September 11 to December 5, 2024, despite the coming on stream of Dangote and Port Harcourt refineries. This…
Amid Rising Inflation, Netflix Pulls Out Of Nigerian Market
News Update Netflix has decided to abandon the Nigerian market as the country’s economy records further collapse with recent inflation data from the National Bureau of Statistics. Officials at the major on-demand…
NNPCL Slashes Petrol Price For Marketers
News Update The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has announced a reduction in the price of Premium Motor Spirit (PMS) by the Nigerian National Petroleum Company Limited (NNPCL),…
BREAKING: UBA to begin full banking operations in France
United Bank for Africa has signed a deal to commence full banking operations in France. In a statement late Thursday, the banking group said the landmark business cooperation agreement with the…
Details emerge as PH Refinery products are for NNPCL
News Update Port Harcourt Refinery products are exclusively for NNPCL retail outlets THE Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPCL), Olufemi Soneye, has revealed that products from…
Port Harcourt Refinery Petrol Price Per Litre Surfaced
News Update THE Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has disclosed that the Port Harcourt Refinery is selling petrol at ₦1,045 per litre. This makes it ₦75 more expensive…
Peter Obi donates N7.5m to 25 youths
News Update Former presidential candidate, Peter Obi has donated N300,000 each to 25 youths in Onitsha, Anambra State as financial support. The donation was made at an interactive session organised by the…
Report: 51% of Nigerian startups struggle to secure funding
A new report by TLP Advisory, a Nigerian venture law firm, has revealed that 51 per cent of startups in Nigeria face difficulties securing funding, primarily due to currency volatility and limited…