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Finance & Economy - Page 118

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

Business·News·Oil & Gas

Fuel Scarcity: NNPC Blames Panic Buying, Marketers Disagree

The Nigeria National Petroleum Corporation (NNPC) has attributed the lingering fuel scarcity in the country to panic buying and sharp practices by some petroleum marketers. However, petroleum marketers have disagreed with the NNPC’s position, citing inadequate supply as a major reason for

May 4, 2024

Agro-Economy·News

Anambra Farmers Worry Over Prolonged Lack Of Rainfall

Farmers in some parts of Anambra State have expressed concerns about the lack of rainfall as the situation may affect planting and farm yields. In an interview with Prime Business Africa (PBA) on Thursday, some farmers in Idemili North Local Government Area

May 3, 2024

NiMet’s Renewed Collaboration With Agriculture Ministry Is Good For The Nigerian Economy

Agro-Economy·Opinion

NiMet’s Renewed Collaboration With Agriculture Ministry Good For Nigerian Economy

The Federal Ministry of Agriculture and Food Security is a Ministry of the Federal Government of Nigeria that has the mandate to ensure food security in crop, livestock and fisheries. The ministry is also tasked to stimulate agricultural employment and services, promote

May 3, 2024

Business·Currency·News·World News

Bitcoin, Ethereum Prices Rebound Following Interest Rate Uncertainty In U.S.

After a turbulent week characterized by speculative activity before a crucial Federal Reserve meeting and its potential impact on interest rates in the US, the prices of Bitcoin and Ethereum have rebounded. After a period of collapse, during which Bitcoin fell below

May 3, 2024

Labour Begins Indefinite Strike Monday Over Minimum Wage, Electricity Tariff Hike

Labour·News

Economist Warns About Implications Of Minimum Wage Increase On Inflation

As organised labour continues to push for an increase in minimum wage for Nigerian workers, an economist Mr Soni Daniels Ezeanochie, has cautioned against over-reliance on wage hikes as a panacea for economic challenges.

May 3, 2024

Labour·News·Politics

Why Increasing Minimum Wage To At Least N100,000 Is Important – Analysts

As talks about reviewing the minimum wage for Nigerian workers continue, economic analysts have underscored the need for the Federal Government to urgently implement it

May 2, 2024

NASS Increases Customs’ 2025 Revenue Projection To ₦12trn

Business·Finance & Economy·News

Unstable Customs Duty Exchange Rate Weakens Investors’ Confidence In Nigeria’s Economy – Expert

As Nigeria Customs Service (NCS) continues to adjust rate for calculating import duty due to fluctuations in the foreign exchange market, economic expert, Dr Muda Yusuf, has warned that it is hurting the country’s economy.

May 2, 2024

Labour·News

Workers’ Day: Japan Tobacco Int’l Nigeria Pledges Commitment To Excellence, Innovation, Equity

As the global community celebrates this year’s International Workers’ Day, Japan Tobacco International Nigeria (JTI), felicitates its workforce across the globe for their steadfastness, pursuit of excellence and innovation, which it said has engendered the company’s growth trajectory. JTI Nigeria said that

May 1, 2024

Business·News·Oil & Gas

Lagos, Anambra, Enugu Residents Lament Petrol Scarcity, Price Hike

Residents of Lagos, Enugu, and Anambra have lamented challenges posed by the raging scarcity of Premium Motor Spirit (PMS) also known as petrol, and the sudden hike in price of the product.

May 1, 2024

Labour·News

Workers’ Day: ‘Any Minimum Wage Below N50,000 Is Too Poor’

As the debate over what should be the appropriate minimum wage for Nigerian workers goes on, Chief Economist and Senior Partner at SPM Professionals, Dr Paul Alaje, has said anything below N50,000 “is too poor” given the current high inflation rate and

May 1, 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 118

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

Fuel Scarcity: NNPC Blames Panic Buying, Marketers Disagree

Anambra Farmers Worry Over Prolonged Lack Of Rainfall

NiMet’s Renewed Collaboration With Agriculture Ministry Good For Nigerian Economy

Bitcoin, Ethereum Prices Rebound Following Interest Rate Uncertainty In U.S.

Economist Warns About Implications Of Minimum Wage Increase On Inflation

Why Increasing Minimum Wage To At Least N100,000 Is Important – Analysts

Unstable Customs Duty Exchange Rate Weakens Investors’ Confidence In Nigeria’s Economy – Expert

Workers’ Day: Japan Tobacco Int’l Nigeria Pledges Commitment To Excellence, Innovation, Equity

Lagos, Anambra, Enugu Residents Lament Petrol Scarcity, Price Hike

Workers’ Day: ‘Any Minimum Wage Below N50,000 Is Too Poor’

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Senate U-Turn or Smoke Screen? Loopholes in Electoral Reform Persist

Opinion: Why Afreximbank’s Break with Fitch Exposes a Deeper Rift

Political Heavyweights Visit El-Rufai, Call for Respect for Rule of Law

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

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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

Ramadan Clash: Bashir Ahmad Urges INEC to Review 2027 General Election Dates

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Finance & Economy - Page 118

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