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CBN to Penalize Shipping Lines over Undocumented Exports
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    CBN to Penalize Shipping Lines over Undocumented Exports
    Economy Watch

    CBN to Penalize Shipping Lines over Undocumented Exports

    May 10, 20230122

    The Central Bank of Nigeria (CBN) has threatened to penalize shipping companies exporting undocumented cargoes from the country. CBN Governor, Godwin

    Shell Posts Q1 Profit Of $9.65 bn, Lifted by Fuel Trading
    Economy Watch

    Shell Posts Q1 Profit Of $9.65 bn, Lifted by Fuel Trading

    May 5, 2023098

    Shell on Thursday posted first-quarter net profit of $9.65 billion, topping analysts’ forecasts, as strong earnings from fuel trading offset cooling o

    NIES: AfDB Pledges to Invest in Nigeria’s $410bn Energy Transition Plan
    Economy Watch

    NIES: AfDB Pledges to Invest in Nigeria’s $410bn Energy Tran...

    April 20, 20230103

    Mr. Lamin Barrow  …Searches for Investors The African Development Bank has vowed to support Nigeria’s gas transition project amidst calls to defund oi

    Nigeria’s Total Debt Rose to $103bn in 2022 – DMO
    Economy Watch

    Nigeria’s Total Debt Rose to $103bn in 2022 – DMO

    March 30, 20230120

    Nigeria’s total public debt rose to 46.25 trillion naira ($103.1 billion) in 2022, from 39.56 trillion naira a year earlier, as the government ramped

    NCDMB, FIRS to Host Tax Awareness Workshop
    Economy Watch

    NCDMB, FIRS to Host Tax Awareness Workshop

    March 27, 20230139

    The Nigerian Content Development and Monitoring Board, NCDMB, in conjunction with the Federal Inland Revenue Service, FIRS, has organized a one-day wo

    Fitch Upgrades Ghana Local Currency Debt Rating to CCC
    Economy Watch

    Fitch Upgrades Ghana Local Currency Debt Rating to CCC

    March 22, 20230158

    Ratings agency Fitch on Wednesday upgraded Ghana’s long-term local-currency issuer default rating to ‘CCC’ from ‘restricted default’, after the countr

    CBN Bows to Pressure, Directs Banks to Comply with Supreme Court Order on Usage of Old N200, N500, N1,000 Notes Till Dec 31
    Economy Watch

    CBN Bows to Pressure, Directs Banks to Comply with Supreme C...

    March 13, 20230247

    The Central Bank of Nigeria (CBN) on Monday said old N200, N500 and N1,000 notes remain legal tender till December 31, 2023. Its acting director of co

    Buhari Disowns Emefiele, Says CBN Shouldn’t Disobey Supreme Court Orders on Naira Notes
    Economy Watch

    Buhari Disowns Emefiele, Says CBN Shouldn’t Disobey Supreme ...

    March 13, 20230237

    President Muhammadu Buhari has distanced himself from the Central Bank of Nigeria’s alleged disobedience to orders of the Supreme Court regarding the

    Dangote Sugar Posts N82.3bn Profit in 2022
    Economy Watch

    Dangote Sugar Posts N82.3bn Profit in 2022

    March 6, 20230128

    Dangote Sugar Refinery Plc has reported a profit before tax (PBT) of N82.3 billion in the year ended December 31, 2022, indicating an increase of 142

    Seplat Energy’s 2022 FY Revenue Grows by 29.8% to N403.9bn
    Economy Watch

    Seplat Energy’s 2022 FY Revenue Grows by 29.8% to N403.9bn

    February 28, 20230176

    …Gross profit hits N197.2bn, rising by 63%  …Declares US15 cents per share full-year dividend  Seplat Energy Plc, a leading Nigerian independent energ

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    • CNL Decries the Circulation of False Recruitment Information
    • Government Poverty Alleviation Subsidy linked to Seplat Energy is fraudulent – Company
    • Labour Party Crisis: Court Affirms Abure as Chairman, Restrains Apapa-Faction
    • NNPCL Signs OML 130 Agreements with SAPERO, TUPNI, CNOOC, others
    • PETAN’s Felicitation on Dangote Refinery Opening

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