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Finance & Economy - Page 126

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

Nigeria's Inflation Rate Hits 33.88% In October Amid Fresh Fuel Price Spike

FEATURES·Finance & Economy

Nigeria: Why Inflation Keeps Rising

Surging inflation in Nigeria has, in the views of economic experts, plunged the West African country into the worst economic crisis in years,

March 18, 2024

Finance & Economy·News·Politics

Budget Padding: How Nigeria Has Spent N2trn On Constituency Projects From 2003 To Date

Amid the clamor and consternation surrounding the purported N3.7 trillion budget padding by senators, a startling revelation has emerged, shedding light on Nigeria’s expenditure of N2 trillion on constituency projects since 2003. This financial revelation has brought the controversial practice of budget

March 18, 2024

Nigeria’s Inflation Hits 33.69% In April As Costs Of Food, Others Continue To Rise

Business·Finance & Economy

Nigeria’s Inflation Hits 31.70% As Food Costs Bite Harder

Nigeria's headline inflation rate hit a record high of 31.70 per cent in February 2024. This is an increase of 1.80 per cent from 29.90 per cent recorded in January 2024

March 17, 2024

Business·Oil & Gas

NNPC: Petrol Import To Stop As Port Harcourt Refinery Begins Operations Soon

As Nigerian consumers reel under the heavyweight of high cost of petroleum products, the Nigerian National Petroleum Company Limited (NNPCL), has reiterated its determination to end the decades-long importation of the products into the country in 2024. The country has been heavily dependent

March 15, 2024

News·Oil & Gas

Nigeria’s Energy Firm, Westfield, Wins $85m Offshore Pipe-laying Contract In India

A Nigerian energy services firm, Westfield Energy Resources Limited, has won an offshore pipeline installation contract in India said to be worth about $ 85 million.

March 15, 2024

Best CPA Networks for A Simple Guide to Boost Your Affiliate Game

Personal Finance·Startup

10 Best CPA Networks for 2024: A Simple Guide to Boost Your Affiliate Game

If you’re like me and deep into affiliate marketing, you know how important it is to partner with the best CPA networks. They help you get paid every time a user completes an action—whether it’s signing up for something, making a purchase,

March 15, 2024

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business·Currency·News

Naira Depreciates By 0.78% In Official Market, Rises To ₦1,570 In Black Market

The value of Nigeria’s currency, the naira, dropped by 0.78 per cent on Wednesday in the official window of the foreign exchange market. According to data published on the FMDQ Exchange platform the NAFEM (official rate) was ₦1,615/$1 at the close of

March 14, 2024

Business·Oil & Gas

NLNG Boss Hails Tinubu’s Executive Order On Oil And Gas, Say It’ll Unlock Gas Investments

The Executive Order on oil and gas reforms signed recently by Present Bola Ahmed Tinubu will play a pivotal role in unlocking the development of non-associated gas (NAG) in Nigeria, says Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG),

March 14, 2024

CBN Donates CBN N100bn Fertilisers To Boost Food Production

Agro-Economy·News

CBN Donates N100bn Fertilisers To Boost Food Production

In its quest to support efforts by the Federal Government to mitigate the raging food crisis, the Central Bank of Nigeria (CBN), has donated 2.15 million bags of fertilisers worth over N100 billion to the Federal Ministry of Agriculture and Food Security (FMAFS) to

March 13, 2024

FEATURES·Oil & Gas

Top 5 Igbo Authorities In Nigeria’s Oil And Gas Industry

Aside from multinational firms, there are several indigenous companies that play significant roles at various levels in Nigeria’s oil and gas industry. With the ongoing trend of multinationals making efforts to exit, especially the onshore oil and gas exploration and production, considering

March 12, 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 126

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

Nigeria: Why Inflation Keeps Rising

Budget Padding: How Nigeria Has Spent N2trn On Constituency Projects From 2003 To Date

Nigeria’s Inflation Hits 31.70% As Food Costs Bite Harder

NNPC: Petrol Import To Stop As Port Harcourt Refinery Begins Operations Soon

Nigeria’s Energy Firm, Westfield, Wins $85m Offshore Pipe-laying Contract In India

10 Best CPA Networks for 2024: A Simple Guide to Boost Your Affiliate Game

Naira Depreciates By 0.78% In Official Market, Rises To ₦1,570 In Black Market

NLNG Boss Hails Tinubu’s Executive Order On Oil And Gas, Say It’ll Unlock Gas Investments

CBN Donates N100bn Fertilisers To Boost Food Production

Top 5 Igbo Authorities In Nigeria’s Oil And Gas Industry

Featured Stories

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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Nigeria Wins Permanent Seat on African Central Bank Board at AU Summit

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

Politics of privilege and the danger it portends

FG Launches Operation Savannah Shield after 75 Killed in Kwara Attacks

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

Nigeria Wins Permanent Seat on African Central Bank Board at AU Summit

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Finance & Economy - Page 126

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