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Finance & Economy - Page 296

Oil Production: Nigeria Again Exceeds OPEC Quota In 2025

Crude Oil Prices Climb to $68 Amid Middle East Tensions

Global crude oil prices rose sharply on Thursday, reaching their highest level since September 2025, amid concerns that tensions between the United States and Iran could disrupt supply. Brent crude, the international benchmark, increased 2.2% to $68.88 per barrel, while US West

January 29, 2026

Finance & Economy·Top Stories

Customs Generates N129bn From Onne Port In 9 Months

THE Nigeria Customs Service, Area II Command Onne Port, has generated N128,317,325,936.68 as revenue from January to September 2021. The collected figure is N45,761,404,176.65 above the total of N82,555,921,760.03 collected within the same period in 2020, representing a 55.4 per cent increase.

October 12, 2021

Agro-Economy·Finance & Economy·Top Stories·World News

EU Talks To Agree Baltic Fishing Quotas Enter 2nd Day

EU talks to agree on the size of future fish catches from the Baltic Sea have entered their second day. Fisheries ministers had still not reached an agreement by Tuesday morning, more than 20 hours after the start of negotiations. The talks

October 12, 2021

Finance & Economy·Top Stories

Low-income Countries’ Debt Rises To $850bn In 2020- World Bank report

LOW-INCOME countries’ debt rose by 12 per cent to 860 billion dollars in 2020, the International Debt Statistics (IDS) 2022 report of the World Bank says. The report was released on Monday at the World Bank/International Monetary Fund (IMF) Annual Meetings in

October 12, 2021

Entrepreneurship·Top Stories

MasterCard Foundation To Create 200,000 Jobs In Five Years

MASTERCARD Foundation in collaboration with Enterprise Development Centre (EDC), has embarked on training of Nigerian youths with a view to creating a minimum of 200,000 jobs in the next five years.

October 12, 2021

Finance & Economy·Top Stories·Transport

NIMASA, Navy Collaboration Key To Secured Shipping Environment – Association

THE Maritime Security Providers Association of Nigeria (MASPAN) says collaboration between the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Navy was key to a secured shipping environment. The Chairman of MASPAN’s Board of Trustees, Rear Adm. Francis Akpan (Rtd.) disclosed

October 12, 2021

Finance & Economy·Top Stories

Customs Reiterates Determination To Suppress Smuggling, Prevent Revenue Losses

THE Nigeria Customs Service, Zone A, on Monday reiterated its determination to continually suppress smuggling and prevent loss of revenue in the Southwest. The Acting Controller in the zone, DC Hussein Ejibunu, made the declaration in a statement issued in Lagos Mr

October 11, 2021

Finance & Economy·News·Top Stories

FGN 2022 BUDGET: N10.13trn Revenue Target Unrealistsic, Says Analyst

DEVELOPMENT Economist, Dr Chiwuike Uba has said that Nigeria's 2022 Budget Proposal may not be implementable due to what he called unrealistic parameters contained in the fiscal document.

October 11, 2021

Finance & Economy·News·Top Stories

Buhari Approves Inter-agency Panel To Recover N2.65trn Not Remitted By Oil Firms

AS Nigeria grapples with revenue shortfalls, President Muhammadu Buhari has given approval to Nigerian Extractive Industry and Transparency Initiative (NEITI) and some other anti-corruption agencies in the country to recover N2.65trillion unremitted by 77 companies in oil and gas sector.

October 10, 2021

Labour·Top Stories

CD, HURIDE Condemn Malami Over State Of Emergency Call

CAMPAIGN for Democracy (CD) and Human Rights, Liberty Access and Peace Defenders Foundation (HURIDE), has condemned the Attorney General of the Federation (AGF), Abubakar Malami’s call for a state of emergency in Anambra state. The group, while condemning the call for a

October 10, 2021

Finance & Economy·Top Stories

IGR Has Failed, Borrowing Is Our Only Option-Public Analyst

BORROWING is not a crime, most countries of the world do it when their internally generated revenue is not sufficient to actualise their projects, says public affairs analyst Alesta Wilcox. The Accountant and Social Commentator said Nigeria is not doing anything wrong

October 10, 2021

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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 296

Crude Oil Prices Climb to $68 Amid Middle East Tensions

Customs Generates N129bn From Onne Port In 9 Months

EU Talks To Agree Baltic Fishing Quotas Enter 2nd Day

Low-income Countries’ Debt Rises To $850bn In 2020- World Bank report

MasterCard Foundation To Create 200,000 Jobs In Five Years

NIMASA, Navy Collaboration Key To Secured Shipping Environment – Association

Customs Reiterates Determination To Suppress Smuggling, Prevent Revenue Losses

FGN 2022 BUDGET: N10.13trn Revenue Target Unrealistsic, Says Analyst

Buhari Approves Inter-agency Panel To Recover N2.65trn Not Remitted By Oil Firms

CD, HURIDE Condemn Malami Over State Of Emergency Call

IGR Has Failed, Borrowing Is Our Only Option-Public Analyst

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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

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