The Cheer News

Category : ECONOMY

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ECONOMY

Sanusi Criticizes Tinubu Administration’s Economic Policies, Declines to Offer Advice

EDITOR
By DAYO ADESULU Emir of Kano, Muhammadu Sanusi II, voiced strong criticisms of President Bola Tinubu’s handling of Nigeria’s economy during the 21st Memorial Lecture...
ECONOMY Oil and Gas

Nigeria’s Oil Production Rises Despite Challenges

EDITOR
By DAYO ADESULU Year-on-Year Increase in Production Nigeria’s daily average oil production rose by 7.38% in December 2024, reaching 1.667 million barrels per day (bpd)...
ECONOMY

Nigeria Earns Only 5% Revenue From Crude Oil Exports, Expert Reveals

EDITOR
By DAYO ADESULU Despite being Africa’s largest crude oil producer, Nigeria captures only 5% of the total revenue generated from its crude oil exports, according...