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Finance & Economy - Page 120

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

AMA News·Oil & Gas

Renewable Energy: The Hottest Investment Space in Africa

LONDON, England, 24 April 2024, /African Media Agency/- Renewable Energy is one of the hottest investment spaces in Africa and AFSIC – Investing in Africa 2024 will continue to highlight important discussions from top companies on the topic in our Sustainable Development stream sponsored by Executives

April 24, 2024

Agro-Economy·News

We Need Collective Effort To Tackle Food Insecurity, Rural Underdevelopment – Don

The challenges of food insecurity and rural underdevelopment affecting Nigeria need collective efforts of both government authorities and the citizens said Prof. James Banjo, from the Department of Agricultural Science, Tai Solarin University of Education (TASUED)

April 23, 2024

Finance & Economy·News

Nigeria’s Current Economic Stress May Linger For 3 Years – Moghalu

As Nigerians grapple with the current economic hardship caused by high inflation and foreign exchange (Forex) instability, a former deputy governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu, has projected that it may linger for a minimum of two

April 23, 2024

Naira vs Dollar: What To Expect This Week (24th-30th, March 2025)

Business·Currency·News

Naira Ends Week With 9% Depreciation, Exchanges N1,169/$1 At Official Market

The Nigerian currency, the Naira, ended the week with a 9.1 per cent depreciation at the official segment of the foreign exchange market.

April 20, 2024

Business·News·Oil & Gas·World News

Global Crude Oil Production Dips By 1.2 Mbpd In February: Saudi Arabia, Iraq Declines As U.S. Sees Increase

According to data released by the Joint Organisations Data Initiative (JODI), global crude oil production took a dip by 1.2 million barrels per day (bpd) in February compared to the same period last year. This decline was primarily attributed to steep output

April 18, 2024

CPPE Highlights Why Nigerian Govt Should Review Customs FX Rate For Cargo Clearance

Business·Finance & Economy

Customs Exchange Rate For Import Duties Down By 23.8% In 1 Month

The foreign exchange (FX) rate for calculating import duties by the Nigeria Customs Service (NCS) has dropped by 23.8 per cent in one month.

April 17, 2024

FEATURES·Finance & Economy

More Economic Burdens For Nigerians As Prices Remain High Despite Naira Appreciation

The recent appreciation of the naira had given a ray of hope to many Nigerians of possible drop in prices of commodities in the market, especially those ones that affect their daily lives, like food, but the reverse has been the case

April 16, 2024

Finance & Economy

Why NCAA Suspended 3 Private Jet Operators

Nigeria's food inflation has continued to soar, reaching 40.01 per cent in March 2024 on a year-on-year basis. This was 15.56 per cent points higher when compared to the rate recorded in March 2023 (24.45 per cent).

April 16, 2024

OPEC Envisions Medium-Term Emergence Of Modular Refineries In Nigeria

Business·News·Oil & Gas

Dangote, Modular Refineries To Pay Naira For Crude Oil- Nigerian Govt

The Nigerian government has greenlit domestic crude oil transactions to be conducted in naira or dollars, addressing long-standing concerns of indigenous refineries and operators. The declaration, announced by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), aims to streamline the process and ensure

April 16, 2024

Business·Oil & Gas

Expert Calls For Maximum Utilisation Of All Oil Wells As Production Declines Further

Wumi Iledare, has called on authorities in Nigeria's oil and gas sector to come up with drastic measures to ramp up crude oil production which is the major revenue earner for the country.

April 15, 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 120

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

Renewable Energy: The Hottest Investment Space in Africa

We Need Collective Effort To Tackle Food Insecurity, Rural Underdevelopment – Don

Nigeria’s Current Economic Stress May Linger For 3 Years – Moghalu

Naira Ends Week With 9% Depreciation, Exchanges N1,169/$1 At Official Market

Global Crude Oil Production Dips By 1.2 Mbpd In February: Saudi Arabia, Iraq Declines As U.S. Sees Increase

Customs Exchange Rate For Import Duties Down By 23.8% In 1 Month

More Economic Burdens For Nigerians As Prices Remain High Despite Naira Appreciation

Why NCAA Suspended 3 Private Jet Operators

Dangote, Modular Refineries To Pay Naira For Crude Oil- Nigerian Govt

Expert Calls For Maximum Utilisation Of All Oil Wells As Production Declines Further

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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

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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

Inside Nigerian Breweries Turnaround: How Slashing Borrowing Costs Ended Two-Year Losing Streak

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Finance & Economy - Page 120

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