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Finance & Economy - Page 151

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

Banks Struggle With New Naira Notes On ATMs

Business·Currency

Cash Scarcity Is Human Rights Abuse, May Spark Revolution In Nigeria – CBN Warned

The Human Rights Writers Association of Nigeria (HURIWA) on Tuesday accused the Central Bank of Nigeria (CBN) of serial human rights violations through its deliberate and systemic failure to ensure the supply to deposit banks of adequate volumes of Naira notes to

December 5, 2023

Business·Oil & Gas

Old Port Harcourt Refinery Reconstruction Not Good Decision – Ex-MD

Former Managing Director, Kaduna and Port Harcourt Refineries, Alex Ogedengbe, has expressed reservations about the Nigerian government’s decision to rehabilitate the old Port Harcourt refinery in Rivers State, saying there won’t be any appreciable output from the plant.

December 5, 2023

UK, Global Partners Commit £80 Million To Improve AI Devp

Labour·News

JAPA: UK Introduces Biggest Clampdown On Legal Migration Ever

The United Kingdom (UK) says it would raise the minimum salary threshold for a skilled worker visa and prevent overseas health and social care staff from bringing family dependents to Britain. Prime Minister Rishi Sunak’s office announced the proposals as “the biggest

December 5, 2023

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Business·Currency·News

CBN’s Initiative Sparks Naira Surge To N837/$1, Boosts Market Confidence

The Nigerian naira on Monday, December 4th, 2023, experienced a surge in value, closing at N837/$1 in the official market.

December 5, 2023

Business·Finance & Economy·News

Nigeria’s Q3 Foreign Trade Soars By 53.16% As Crude Oil Revenue Surges By 83.23% – NBS

Nigeria's foreign trade witnessed a rise by 53.16% year-on-year, hitting N18.80 trillion in the third quarter of 2023.

December 5, 2023

Business·News·Oil & Gas

COP28: How Nigeria Utilises Gas To Drive Energy Transition – NNPCL Boss

The Group Chief Executive Officer (GCEO), Nigeria National Petroleum Company Limited (NNPC), Mr. Mele Kyari has highlighted Nigeria's efforts in utilising its abundant natural gas resources to drive energy transition.

December 5, 2023

Currency·World News

Surge In Crypto Stocks: Bitcoin Crosses $42000 Mark First Time Since April 2022

Cryptocurrency-related stocks listed in the United States (US) surged on Monday, looking to extend their strong November gains, as bitcoin topped $42,000 to hit a fresh high for the year. Shares of companies whose fortunes are tied to the cryptocurrency have rallied

December 4, 2023

Africa·Business·Finance & Economy·News

UBA Wins 2023 Bank Of The Year In Nigeria, Over 5 Other African Countries

United Bank for Africa (UBA) Plc, has won the Bank of the Year award at The Bankers Awards 2023 in Nigeria and more than 5 other African countries. In the ceremony in London hosted by The Banker Magazine, the financial institution bagged

December 4, 2023

Fashola Talks On Future of Nigeria’s Democracy At TheNiche 2022 Lecture

Finance & Economy·News

Infrastructure Holds Key To Nigeria’s Economic Growth – Fashola Condemns Anti-Infrastructure Sentiments

The former Presidential candidate’s comments on the 26 of August 2022 regarding infrastructure’s limited role in economic growth have drawn a sharp rebuttal from Babatunde Raji Fashola, the former Minister of Works and Housing. In an address, Fashola emphasized the role of

December 4, 2023

Finance & Economy·News

National Assembly Must Properly Scrutinise 2024 Budget Proposal – Experts

The 2024 budget proposal of 27.5 trillion presented by Nigeria’s President on Wednesday has continued to generate reactions with stakeholders urging the National Assembly not to rush in passing it but properly scrutinize items listed in line with the interest of all

December 4, 2023

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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 151

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

Cash Scarcity Is Human Rights Abuse, May Spark Revolution In Nigeria – CBN Warned

Old Port Harcourt Refinery Reconstruction Not Good Decision – Ex-MD

JAPA: UK Introduces Biggest Clampdown On Legal Migration Ever

CBN’s Initiative Sparks Naira Surge To N837/$1, Boosts Market Confidence

Nigeria’s Q3 Foreign Trade Soars By 53.16% As Crude Oil Revenue Surges By 83.23% – NBS

COP28: How Nigeria Utilises Gas To Drive Energy Transition – NNPCL Boss

Surge In Crypto Stocks: Bitcoin Crosses $42000 Mark First Time Since April 2022

UBA Wins 2023 Bank Of The Year In Nigeria, Over 5 Other African Countries

Infrastructure Holds Key To Nigeria’s Economic Growth – Fashola Condemns Anti-Infrastructure Sentiments

National Assembly Must Properly Scrutinise 2024 Budget Proposal – Experts

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

Dollar Rate Drops To N1,404/$ In Black Market, Rises To N1,355/$ In Official Window

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

NGX Market Cap Rises By N2.36trn To N117trn

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 151

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