Posts By FinIntell
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106Local NewsNNPCL Raises Petrol Pump Price to ₦950/Litre
After initial hesitation, the Nigerian National Petroleum Company Limited has increased the pump price of petrol to N925 per litre at its...
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107Banking & FinanceCBN Refutes New ₦5,000, ₦10,000 Banknotes Report
The Central Bank of Nigeria declared as fake a report that it had introduced new N5,000 and N10,000 banknotes. In a post...
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192Stock MarketNigerian Equities Market Closes in the Red
EQUITIES The Nigerian equities market closed in the red today, as sell pressures on OANDO (-5.5%) and FIRSTHOLDCO (-3.0%) drove the All-Share...
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138Money MarketPonzi Scheme Operators Risk 10yr Jail Term, ₦20m Fine, SEC Warns
The Securities and Exchange Commission, SEC, has warned that promoters and operators of any Ponzi Scheme in the country risk a penalty...
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501Leadership & ManagementFG Threatens to Revoke Dormant Oil Blocks Licences
The Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri, threatened to withdraw oil blocks from owners that have failed to develop...
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119Local News₦4tr Genco Debt Crippling Power Sector –NDPHC
The Niger Delta Power Holding Company (NDPHC) has called for an urgent presidential intervention to help address the severe liquidity crisis affecting...
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202Business News$5b Africa Energy Bank Gains Momentum with Contributions from Nigeria, Angola, Ghana
In a significant development for Africa’s energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy...
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190Business NewsNet FX Reserves Surged to $23.11b in 2024 –CBN
Nigeria’s net foreign exchange reserves rose significantly to $23.11bn at the end of 2024, marking the highest level in over three years,...
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119Economy & MarketFG’s Deficit Hits ₦12.95tr, Exceeds Budgeted Target by 41%
The Federal Government (FG) recorded a N12.95 trillion budget deficit in 2024. This represents a 41 percent increase from its N9.16 trillion...
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164Business NewsFG Withdraws Allocation of 1,357 Housing Units Over Default Payment
The Federal Government has revoked the provisional allocation of houses under the National Housing Programme for 1,357 beneficiaries across 33 states due...
