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Finance & Economy - Page 114

Venezuela Says U.S. Oil Sales Proceed Commercially as Revenues Climb Into Billions

Venezuela’s interim president, Delcy Rodríguez, has defended recent crude oil sales to the United States as strictly commercial transactions conducted through the state oil company, Petróleos de Venezuela, S.A. (PDVSA), insisting that pricing mechanisms follow international norms and that proceeds are being

February 13, 2026

Labour·News

Tinubu’s Govt Agrees To Pay Minimum Wage Of Over N60,000

President Bola Tinubu-led Federal Government has agreed to pay an amount higher than N60,000 as minimum wage to Nigerian workers.

June 4, 2024

Labour·Opinion

Nationwide Strike: Is Labour Serious This Time?

After more than nine years of lame duck threats, the Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC) have finally made good their threat to embark on a nation-wide strike from June 3. Years of disagreement and internal

June 3, 2024

Labour·News

Nationwide Strike: Nigerian Govt Again Begs Organised Labour

The Nigerian government has again pleaded with the organised labour to end the ongoing nationwide strike and return to negotiation table for a peaceful resolution of all issues regarding the national minimum wage.

June 3, 2024

News·Oil & Gas

Sahara Group Announces Key Appointments To Drive Downstream Transformation

Sahara Group, a leading sustainable energy and infrastructure conglomerate is propelling transformation of its downstream business with strategic appointments including Foluso Sobanjo as Head, Africa Downstream, and Nomnso Dike as Chief Executive Officer, Asharami Synergy Limited, a Sahara Group downstream company in

June 3, 2024

Dangote Sugar Refinery, NASCON Allied, Dangote Rice To Merge

Business·News·Oil & Gas

Aliko Dangote Criticises Fuel Importers For Blocking African Refinery Development

Aliko Dangote, Africa’s richest man and owner of the $20 billion Dangote Refinery, has accused fuel importers of preventing African governments from constructing new refineries. In an interview with CNN’s Eleni Giokos at his refinery in Lagos, Dangote stated: “There has not

June 2, 2024

Finance & Economy

Tinubu’s One Year In Office: FG Pays Off N4.5 Trillion Ways And Means

The Nigerian government has disclosed that it has reduced the N7.3 trillion Ways and Means it inherited with the payment of the sum of N4.8 trillion. Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun stated this in Abuja,

May 29, 2024

Finance & Economy

NACCIMA Faults CBN’s Monetary Policies, As Inflation Keeps Rising

National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Kelvin Oye, has observed that the current Monetary policies adopted by the Central Bank of Nigeria (CBN) are not effective in addressing the prevailing economic challenges,

May 28, 2024

Business·News·Oil & Gas

Nigeria’s Oil GDP Growth Slows To 5.7% In Q1 2024

Nigeria, Africa’s largest oil producer, faces a significant challenge as its oil Gross Domestic Product (GDP) growth slows to 5.7 percent in the first quarter of 2024. The country, which relies heavily on oil production for about two-thirds of its government earnings

May 28, 2024

Nigeria Now Leading Cement Exporter In Africa – Dangote

Business·News·Oil & Gas

Dangote Refinery To Begin Diesel Exports In June, Gets NMDPRA’s Approval To Refine Petrol

The Dangote Refinery, Africa’s largest, is set to commence the export of diesel meeting European standards in June, alongside the introduction of gasoline into the Nigerian market. This development was confirmed by Devakumar Edwin, Vice President for Oil and Gas at Dangote

May 27, 2024

Business·News·Oil & Gas

Nigeria Customs Seizes 17,580 Litres Of Petrol In Less Than 60 Days

The Nigeria Customs Service, Federal Operations Unit, Zone D, has announced the interception of 17,580 litres of premium motor spirit (PMS) valued at N12.7 million. This operation took place between April and May 2024, focusing on the Mubi and Yola axis of

May 23, 2024

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Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

U.S. President Donald Trump has threatened to impose 100 per

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies

Behind the Geregu Power Sale: Politics and a $750m Deal

The sale of Geregu Power, one of Nigeria’s largest electricity

Recapitalisation: UBA Extends Deadline For Rights Issue

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

United Bank for Africa (UBA) has successfully concluded its rights

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Finance & Economy - Page 114

Venezuela Says U.S. Oil Sales Proceed Commercially as Revenues Climb Into Billions

Tinubu’s Govt Agrees To Pay Minimum Wage Of Over N60,000

Nationwide Strike: Is Labour Serious This Time?

Nationwide Strike: Nigerian Govt Again Begs Organised Labour

Sahara Group Announces Key Appointments To Drive Downstream Transformation

Aliko Dangote Criticises Fuel Importers For Blocking African Refinery Development

Tinubu’s One Year In Office: FG Pays Off N4.5 Trillion Ways And Means

NACCIMA Faults CBN’s Monetary Policies, As Inflation Keeps Rising

Nigeria’s Oil GDP Growth Slows To 5.7% In Q1 2024

Dangote Refinery To Begin Diesel Exports In June, Gets NMDPRA’s Approval To Refine Petrol

Nigeria Customs Seizes 17,580 Litres Of Petrol In Less Than 60 Days

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U.S. Energy Secretary Wright Visits Caracas to Boost Venezuela Energy Ties

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Chinese Embassy Denies U.S. Allegations of Illegal Mining, Terror Funding in Nigeria

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Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Behind the Geregu Power Sale: Politics and a $750m Deal

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

Chinese Embassy Denies U.S. Allegations of Illegal Mining, Terror Funding in Nigeria

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Finance & Economy - Page 114

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