Zenith Bank Plc has expanded its global footprints with the opening of Zenith Bank (UK), Paris Branch. The official commissioning, which took place on Wednesday, November 27, 2024 at 21 Rue de la paix, Paris, France was performed by the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun…CLICK TO READ […] More
The Major Energies Marketers Association of Nigeria (MEMAN) says that its members acquired a total of 148 million litres of petrol from the Dangote refinery during the period from September 16 to November 24, 2024… READ THE FULL ARTICLE. Mr. Clement Isong, the Chief Executive Officer of MEMAN, shared this information yesterday during a quarterly […] More
Dinesh Balsingh has been confirmed as the new Managing Director and Chief Executive Officer of Airtel Nigeria. This development was revealed in a communique released on Tuesday, which was signed by Femi Adeniran, the Director of Corporate Communications and CSR at Airtel Nigeria. Dinesh Balsingh will succeed Carl Cruz, who resigned at the end of […] More
Amid Nigeria’s ongoing economic challenges, Prime Exploration and Production Limited is facing potential closure after the Federal High Court in Lagos granted an interlocutory injunction freezing its accounts…CLICK TO READ THE FULL NEWS HERE▶▶ The order stems from a petition filed by Well Fluids Limited over alleged long-standing unpaid debts. Justice A. Lewis-Allagoa, in a […] More
Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 22nd November 2024 What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?…CLICK HERE TO CONTINUE READING.>> Dollar to naira exchange rate today See the black market Dollar to Naira exchange rate for 21st November, […] More
As NNPC, Africa’s largest energy company continues repositioning for profitability and growth in line with the deregulation of Nigeria’s petroleum industry under the PIA, Mele Kyari, its Group CEO has revealed that NNPC has successfully resolved its enduring cash-call debt of $2.4 billion to the International Oil Companies operating within the nation. According to Kyari, […] More
The NNPC Boss Kyari revealed that NNPC has successfully resolved its enduring cash-call debt of $2.4 billion to the International Oil Companies operating within the nation. He confirmed that the company is now free of any outstanding debts, noting that this significant milestone was reached after all subsidies were completely eliminated…CLICK TO READ THE FULL […] More
The GCEO of NNPCL, Mele kyari highlighted that Nigeria currently lacks energy security. He pointed out that half of the population remains without access to electricity, and 70 percent do not have access to clean fuel….CLICK TO READ THE FULL NEWS HERE▶▶ He said, “Today, when we say energy security, the thing that comes quickly […] More
On Monday during the current conference hosted by the Nigerian Association of Petroleum Explorationists in Lagos. The conference which is focused on the theme ‘Addressing the Nigerian Energy Trilemma: Energy Security, Sustainable Growth, and Affordability.’…CLICK TO READ THE FULL NEWS HERE▶▶ The NNPC Boss Mele Kyari disclose that NNPCL halts N24 trillion in fuel imports […] More
Mele Kyari, the head of NNPC, has refuted allegations suggesting that the company was unwilling to sell crude oil to Dangote in naira as part of a scheme to undermine the refinery. He said, “There are too many claimants out there, that the NNPC does not want to sell crude to the refinery in naira […] More
The naira continued to depreciate against the dollar in the foreign exchange market on Monday. FMDQ data showed that the naira fell to N1681.42 per dollar on Monday from N1678.87 exchanged last Friday, which represents N2.55 loss against the dollar…CLICK TO READ THE FULL NEWS HERE▶▶ The naira suffered a similar fate on the black […] More
Following Donald Trump’s victory in the just concluded United States (US) election, the US shares hit record highs on Wall Street and the dollar posted its biggest gain in eight years. New Telegraph reports that the markets and currencies around the world shifted sharply on Wednesday following the US election news…CLICK TO READ THE FULL […] More