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Finance & Economy - Page 91

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

Understanding the Importance of Budgeting

Business·News·Personal Finance

Understanding Why Budgeting Is Essential For Financial Planning

By Elsie Udoh Ever heard of the 50-30-20 rule? Well, it’s a straightforward budgeting method that states that you should spend up to 50% of your after-tax income on essential needs that you can’t live without. Then, 30% is set aside for

September 16, 2024

NNPC Refutes Viral Claims That Its Fuel Does Not Last

Business·News·Oil & Gas

NNPCL Releases New Pump Prices Of Petrol, Sells ₦950 In Lagos, ₦1,019 In Borno

The Nigeria National Petroleum Company Limited (NNPCL), has released estimated pump prices of Premium Motor Spirit (PMS), also known as petrol, for September 2024 for its retail outlets, indicating variations across states in Nigeria. According to the new price template, while petrol

September 16, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th September 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki FX? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market also known as black market, especially the Aboki fx as

September 16, 2024

Naira-for-Crude Policy: Bold Economic Reform Or Risky Gamble For Nigeria's Future?

Business·FEATURES·News·Oil & Gas

Naira-for-Crude: Bold Economic Reform Or Risky Gamble For Nigeria’s Future?

Nigeria Introduces Naira-for-Crude Policy Nigeria has long been a major player in the global oil market, exporting its crude oil in exchange for US dollars, the dominant currency in international trade. This practice, while in line with global norms, has led to

September 16, 2024

SERAP sues Tinubu, govs over cybercrime law abuse

Business·News·Oil & Gas

SERAP Sues President Tinubu Over Petrol Price Hike, Seeks Reversal To N600 Per Litre

SERAP Takes Legal Action Against President and NNPCL The Socio-Economic Rights and Accountability Project (SERAP) has taken a legal action against President Bola Tinubu, demanding the reversal of the recent petrol price hike and an investigation into alleged corruption within the Nigerian

September 16, 2024

We’re Selling PMS At N990/Litre, Dangote Reveals

Business·News·Oil & Gas

Dangote Refinery: We Sold Petrol Cheaper To NNPCL, Debunks N898 Per Litre Claim

Dangote Refinery has said it sold Premium Motor Spirit (PMS) also known as petrol to the Nigeria National Petroleum Company Limited (NNPCL) at a cheaper rate. In a statement by its Group Chief Branding and Communications Officer, Anthony Chiejina, the company debunked

September 16, 2024

Fuel Price Racketeering: Dangote Must Do More for Nigerians

Business·News·Oil & Gas

Nigeria To Stop Petrol Imports In October, Shifts To Dangote Refinery Supply

NNPC to Stop Petrol Imports as Dangote Refinery Takes Over Starting in October 2024, the Nigerian National Petroleum Company Limited (NNPC) will stop importing petroleum products, provided the local price from the Dangote Refinery remains competitive. This marks a significant shift in

September 16, 2024

Business·News·Oil & Gas

Dangote Refinery: Local Production Marks Important Step Towards Nigeria’s Energy Security – Edun

Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has said the commencement of local refining of petroleum products by Dangote Refinery, marks an important step in Nigeria’s quest for energy self-sufficiency and the resumption of the country’s journey

September 15, 2024

Business·News·Oil & Gas

NNPCL Lifts Petrol From Dangote Refinery

The Nigerian National Petroleum Company Limited (NNPCL) began loading petrol from Dangote Refinery in Ibeju-Lekki, Lagos on Sunday. In a post on X, the company said: “NNPC begins PMS lifting at the Dangote Petroleum Refinery.” The company also shared photos of trucks

September 15, 2024

Dangote Refinery Targets 100% Evacuation Of Products Through Sea

Business·News·Oil & Gas

NNPCL Deploys 300 Trucks To Load Petrol At Dangote Refinery

Few hours before the scheduled commencement of supply of petrol by Dangote Refinery in Ibeju-Lekki, Lagos, the Nigeria National Petroleum Company Limited (NNPCL), has deployed not less than 300 trucks to the refinery’s gantry to load the product. NNPCL’s Chief Corporation Communication

September 14, 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 91

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

Understanding Why Budgeting Is Essential For Financial Planning

NNPCL Releases New Pump Prices Of Petrol, Sells ₦950 In Lagos, ₦1,019 In Borno

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th September 2024

Naira-for-Crude: Bold Economic Reform Or Risky Gamble For Nigeria’s Future?

SERAP Sues President Tinubu Over Petrol Price Hike, Seeks Reversal To N600 Per Litre

Dangote Refinery: We Sold Petrol Cheaper To NNPCL, Debunks N898 Per Litre Claim

Nigeria To Stop Petrol Imports In October, Shifts To Dangote Refinery Supply

Dangote Refinery: Local Production Marks Important Step Towards Nigeria’s Energy Security – Edun

NNPCL Lifts Petrol From Dangote Refinery

NNPCL Deploys 300 Trucks To Load Petrol At Dangote Refinery

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INEC Clarifies Rationale for 2027 General Election Dates, Signals Possible Review After Stakeholder Concerns

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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

INEC Clarifies Rationale for 2027 General Election Dates, Signals Possible Review After Stakeholder Concerns

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Finance & Economy - Page 91

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