Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) estimates Nigeria’s proven natural gas reserves at 209.5 trillion cubic feet (Tcf) as of January 1, 2022. The…
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All the latest business news in Nigeria
The Nigerian government says it plans an increase in its domestic refining capacity to 1.4 million barrels per day by 2027. Simbi Wabote, Executive Secretary, Nigerian…
Nigeria’s minister of state for petroleum Timipre Sylva has signed a memorandum of understanding on behalf of the country with the government of Equatorial Guinea to…
Nigerian Exchange Ltd., (NGX) closed Tuesday at N25.59 trillion, an increase of 0.19 per cent in the market capitalization of equities listed on the exchange. The…
The Open Market Operation auctions at the Central Bank of Nigeria has dropped by 67% in the first two months of 2022, a sharp contrast to…
https://www.youtube.com/embed/pHJZYoov02Q The rising inflation of the Nigerian naira is a direct consequence of the currency losing value over a period of time and its effects on…
https://www.youtube.com/embed/Mj_3h5OHKcE In its recently concluded Article IV Consultation, the International Monetary Fund announced its outlook for Africa’s biggest economy, Nigeria. The issue of the country’s debt…
Stocks on the Nigerian stock market climbed N69 billion on Thursday, sustaining their upward trend. Therefore, market capitalization increased by N69 billion to close at N25.480…
Based on an analysis of industry data, the Nigerian National Petroleum Company Limited may need 201 billion Naira ($484 million at $=N413.60) worth of clean Premium…
Duplo, a Lagos-based fintech backed by Y Combinator, has raised $1.3 million pre-seed funding to improve the efficiency of moving goods from manufacturers or suppliers to…