Trending News: Lagos to Gazette Wetlands, Mangroves as Solution to Coastal ChallengePresidency: Appointment of New Service Chiefs RoutineNigeria Exits FATF Grey ListN’ Assembly Targets Year-End Delivery of Constitution AmendmentsTinubu Welcomes Nigeria’s Delisting From FATF Grey ListOlukoyede: EFCC Deploying Recovered Loot in Critical Social Investment ProgrammesLagos Begins Compensation for Oworonshoki Demolition VictimsTinubu Removes CDS, Appoints Gen Oluyede, Replaces Service ChiefsBREAKING: President Tinubu Sacks Service Chiefs, Appoints New Heads For Armed ForcesEXCLUSIVE: Residents Alarmed As Truckloads Of Suspected Fulani Herders Flock To Kwara Border Communities For INEC RegistrationMartha Agba Calls for Stronger Youth, Women Inclusion at APC South-South Constitution ReviewEXCLUSIVE: Soldiers Raise Alarm As Nigerian Army Forces Them To Work With ‘Repentant’ Boko Haram Fighters They Don’t TrustEkiti Guber: Picking Oyebanji By Consensus is Not Illegal, Says FaparusiActivist Faults Kukah’s Position on Religious Freedom, PersecutionFUTA Teaching Hospital Takes off as FG, Ondo Seal Transfer DealKanu Fails to Open Defence, Claims Ex-Counsel Still With Case File, Court Adjourns Till October 27Gani Adams: Olokun World Festival Unlocks Economic Potential, TourismBREAKING: Nigerian Police Re-Arrest Sowore Outside Kuje Court, Punch And Drag Him Into Waiting Van Moments After BailOndo Council Boss Calls for Unity, Apologises to Olowo Over Viral AudioTroops Foil Multiple Attacks in North-East, Eliminate 50 TerroristsBREAKING: Kuje Magistrate Court Grants Bail To Sowore, Nnamdi Kanu’s Lawyer, Others Arrested During Abuja ProtestOsun 2026: Former APC National Secretary, Omisore, Promises Inclusive GovtUniversity Don Canvasses for Dedicated Alumni Trust Fund to Assist Outstanding Students, Retired TeachersUba Sani Advocates Access to Medical Care for All NigeriansPINL to Empower 2,000  Host Communities WomenPDP BoT Dismisses Anyanwu’s Alleged Forgery, Declares He Signed the DocumentsNGO Wants Youths’ Engagement in Campaign to End Violence Against WomenTinubu to Amupitan: Serve with Integrity, Beyond Reproach, Anambra Poll Your TestKwankwaso: 2027 Poll Will Be Tough, We’re Open to Alliance with Any Political PartyAgain, UK’s Supreme Court Trashes P&ID’s Case Against Nigeria, Insists Firm Must Pay £44m Legal CostsUN Chiefs Seek Sustained Global Support, Long-term Solutions for Nigeria’s IDPsSwiss Govt:  Nigerian Women Still Facing Significant Barriers to Leadership, GovernanceGlobal Sukuk Summit 2025 Explores Pathways to Accelerate Sustainable Finance, Expand Islamic Capital MarketsFG Urged to Make Public Sector Boards Transparent, Accountable to Build Citizens’ TrustNUPRC: 2024 Licensing Round to Add 1.5bn Barrels to Nigeria’s Oil Output in 10 YearsFG Fixes Uniform Prices for Housing Units Nationwide, Approves N12.5m for 3-bedroom BungalowHouse Moves to Strip President of Powers to Remove EFCC ChairmanWHO: Type 2 Poliovirus Prevalence in Africa Drops By 54%Ekpo, Mshelbila Elected Gas Exporting Countries Forum ChiefsPublic Procurement: Senate Moves to Enforce Transparency, Value for MoneyReport: AI Agents, Deepfakes Digital Twinning Put Africa on High Risk AlertMerits of Air Peace’s Abuja-London Flight ServiceDemocratising Climate Finance: Why the Green Climate Fund Must Embrace Small-scale SolutionsTrading on NGX Surges to N8.54trn as Reforms Draw InvestorsCOWA PTML Launches Breast Cancer Awareness CampaignOPPO: A6 Pro Breakthrough for A-series LineupUBA, Renewvia Commission Solar Systems Across 25 BranchesDSS, NASENI Record Breakthrough in Local Production of Modern Security EquipmentOndo Community Residents Lament, Accuse Nigerian Navy Officers Of Murder, Rape, Property DestructionABUAD’s 13th Convocation: Olanipekun, Two Others Bag Honorary DegreesWike, Ohuabunwa, Onyebuchi Canvass Shift From Transactional to Transformational Leadership in AfricaTinubu To INEC Chairman Amupitan: Serve With Integrity And Beyond Reproach Amupitan Resumes, Says INEC Must Restore Voters’ ConfidenceFG Launches Scheme to Empower Teachers with Mobile Devices, Free Data FG Trains 260,000 Nigerians in Vocational SkillsChamber Woos Businesses in Abuja for Abia International Investment SummitAir Peace Launches Direct Flights from Abuja to LondonHouse Moves to Strip President of Power to Remove EFCC ChairmanCJN Warns Against Court Processes Frustrating Legitimate Debt RecoveryTinubu Swears in Amupitan As INEC ChairmanNigerian Bottling Company Reaffirms Commitment to Women’s Empowerment with Sponsorship of FinTribeFinance Fair 2025IPAC: Yakubu Engineered Massive Reform At INECNnamdi Sacks Legal Counsel, Opt to Defend Self in Alleged Terrorism Trial Radda Advances Urban Renewal in Daura with N19.55bn Road ProjectNnamdi Kanu Tells Court He’ll Defend Himself As Lead Counsel Kanu Agabi, Others WithdrawBREAKING: Nigerian Police Arrest Sowore At Federal High Court In AbujaPipeline Surveillance: Group Tasks Tantita on Transparency, Accountability Dangote Reveals Plans to More Than Double 650,000 bpd Oil Refinery to 1.4 Million bpdYusuf Tuggar: Tinubu Pursuing Nigeria’s Strategic Autonomy Amid Trump’s Tariffs, China TiesTo Plug Revenue Leakages, Boost Transparency, FG Unveils Federal Treasury ReceiptJaiz Takaful Insurance Declares N118m Surplus, Rewards Customers Without ClaimsTinubu Extends Surveyor-General of the Federation, Abduganiyu Adebomehin’s Tenure by Two YearsFG: We Will Invest $220m to Create Job Opportunities for Young NigeriansFG Disburses N32.9bn to States Under Basic Healthcare FundASUU Suspends Warning Strike, Says Useful Dialogue Ongoing with FGBridging Nigeria’s Power Gap: How Eunisell Interlinked Plc Delivers Reliable Engineering Solutions for Industrial, Energy SectorsNew Horizons Wins Global ICT AwardYET ANOTHER AVOIDABLE DISASTER`DON’T WISH IT WERE EASIER’Ecobank Nigeria, LSETF Partner to Empower MSMEs Across LagosTETFund to Unveil Electric Transportation in Selected Tertiary Institutions NovemberShettima: Masari Supported Tinubu’s Presidential Ambition Against All Odds in 2023BREAKING: Soldier On Holiday Shot Dead By Herders After Challenging Them For Brandishing Firearms In KwaraTech Innovation Awards Set to Celebrate Digital Excellence In AfricaFG: We’ll Invest $220m To Create Job Opportunities For Young NigeriansDevolution is Nigeria’s Last Peaceful Reform Opportunity, Says AgbakobaBREAKING: Bandits Launch Coordinated Attacks On Kaduna Communities, Abduct Nine ResidentsKanu Set to Defend Terrorism Allegations After Meeting Legal TeamTinubu Extends Surveyor-General of the Federation, Abduganiyu Adebomehin’s Tenure By Two Years Idle Hands, Dangerous Streets: Deadly Cost of Youth Unemployment!Senate Moves to Establish N4.7bn Sickle Cell Research, Therapy Centres Across NigeriaHouse Calls on Works Ministry, Others to Rehabilitate, Expand Bida-Agaie-Lapai-Lambata-Diko RoadNOSDRA Relaunches Environmental Sensitivity Index MapAgain, Enugu Pulls down Property Used for Kidnapping18-Year-Old Nigerian, Muhammad Aminu Sani, Emerges One of the Youngest Commercial Pilots in the Nation’s HistoryAbia Earnings: Deputy Speaker Kalu Deserves Accolades, Not Attacks, Says Former Assembly Speaker OhajurukaAgain, Enugu State Govt Pulls Down Property Used for KidnappingDon’t Let Your Hatred for Mutfwang Ruin Tinubu’s Chances, Group Warns APC ChairmanCourt Decides Legality of PDP’s Convention October 31CVA 2025: Over 50 Brands Set for Honour 
Fri. Oct 24th, 2025
Trending News: Lagos to Gazette Wetlands, Mangroves as Solution to Coastal ChallengePresidency: Appointment of New Service Chiefs RoutineNigeria Exits FATF Grey ListN’ Assembly Targets Year-End Delivery of Constitution AmendmentsTinubu Welcomes Nigeria’s Delisting From FATF Grey ListOlukoyede: EFCC Deploying Recovered Loot in Critical Social Investment ProgrammesLagos Begins Compensation for Oworonshoki Demolition VictimsTinubu Removes CDS, Appoints Gen Oluyede, Replaces Service ChiefsBREAKING: President Tinubu Sacks Service Chiefs, Appoints New Heads For Armed ForcesEXCLUSIVE: Residents Alarmed As Truckloads Of Suspected Fulani Herders Flock To Kwara Border Communities For INEC RegistrationMartha Agba Calls for Stronger Youth, Women Inclusion at APC South-South Constitution ReviewEXCLUSIVE: Soldiers Raise Alarm As Nigerian Army Forces Them To Work With ‘Repentant’ Boko Haram Fighters They Don’t TrustEkiti Guber: Picking Oyebanji By Consensus is Not Illegal, Says FaparusiActivist Faults Kukah’s Position on Religious Freedom, PersecutionFUTA Teaching Hospital Takes off as FG, Ondo Seal Transfer DealKanu Fails to Open Defence, Claims Ex-Counsel Still With Case File, Court Adjourns Till October 27Gani Adams: Olokun World Festival Unlocks Economic Potential, TourismBREAKING: Nigerian Police Re-Arrest Sowore Outside Kuje Court, Punch And Drag Him Into Waiting Van Moments After BailOndo Council Boss Calls for Unity, Apologises to Olowo Over Viral AudioTroops Foil Multiple Attacks in North-East, Eliminate 50 TerroristsBREAKING: Kuje Magistrate Court Grants Bail To Sowore, Nnamdi Kanu’s Lawyer, Others Arrested During Abuja ProtestOsun 2026: Former APC National Secretary, Omisore, Promises Inclusive GovtUniversity Don Canvasses for Dedicated Alumni Trust Fund to Assist Outstanding Students, Retired TeachersUba Sani Advocates Access to Medical Care for All NigeriansPINL to Empower 2,000  Host Communities WomenPDP BoT Dismisses Anyanwu’s Alleged Forgery, Declares He Signed the DocumentsNGO Wants Youths’ Engagement in Campaign to End Violence Against WomenTinubu to Amupitan: Serve with Integrity, Beyond Reproach, Anambra Poll Your TestKwankwaso: 2027 Poll Will Be Tough, We’re Open to Alliance with Any Political PartyAgain, UK’s Supreme Court Trashes P&ID’s Case Against Nigeria, Insists Firm Must Pay £44m Legal CostsUN Chiefs Seek Sustained Global Support, Long-term Solutions for Nigeria’s IDPsSwiss Govt:  Nigerian Women Still Facing Significant Barriers to Leadership, GovernanceGlobal Sukuk Summit 2025 Explores Pathways to Accelerate Sustainable Finance, Expand Islamic Capital MarketsFG Urged to Make Public Sector Boards Transparent, Accountable to Build Citizens’ TrustNUPRC: 2024 Licensing Round to Add 1.5bn Barrels to Nigeria’s Oil Output in 10 YearsFG Fixes Uniform Prices for Housing Units Nationwide, Approves N12.5m for 3-bedroom BungalowHouse Moves to Strip President of Powers to Remove EFCC ChairmanWHO: Type 2 Poliovirus Prevalence in Africa Drops By 54%Ekpo, Mshelbila Elected Gas Exporting Countries Forum ChiefsPublic Procurement: Senate Moves to Enforce Transparency, Value for MoneyReport: AI Agents, Deepfakes Digital Twinning Put Africa on High Risk AlertMerits of Air Peace’s Abuja-London Flight ServiceDemocratising Climate Finance: Why the Green Climate Fund Must Embrace Small-scale SolutionsTrading on NGX Surges to N8.54trn as Reforms Draw InvestorsCOWA PTML Launches Breast Cancer Awareness CampaignOPPO: A6 Pro Breakthrough for A-series LineupUBA, Renewvia Commission Solar Systems Across 25 BranchesDSS, NASENI Record Breakthrough in Local Production of Modern Security EquipmentOndo Community Residents Lament, Accuse Nigerian Navy Officers Of Murder, Rape, Property DestructionABUAD’s 13th Convocation: Olanipekun, Two Others Bag Honorary DegreesWike, Ohuabunwa, Onyebuchi Canvass Shift From Transactional to Transformational Leadership in AfricaTinubu To INEC Chairman Amupitan: Serve With Integrity And Beyond Reproach Amupitan Resumes, Says INEC Must Restore Voters’ ConfidenceFG Launches Scheme to Empower Teachers with Mobile Devices, Free Data FG Trains 260,000 Nigerians in Vocational SkillsChamber Woos Businesses in Abuja for Abia International Investment SummitAir Peace Launches Direct Flights from Abuja to LondonHouse Moves to Strip President of Power to Remove EFCC ChairmanCJN Warns Against Court Processes Frustrating Legitimate Debt RecoveryTinubu Swears in Amupitan As INEC ChairmanNigerian Bottling Company Reaffirms Commitment to Women’s Empowerment with Sponsorship of FinTribeFinance Fair 2025IPAC: Yakubu Engineered Massive Reform At INECNnamdi Sacks Legal Counsel, Opt to Defend Self in Alleged Terrorism Trial Radda Advances Urban Renewal in Daura with N19.55bn Road ProjectNnamdi Kanu Tells Court He’ll Defend Himself As Lead Counsel Kanu Agabi, Others WithdrawBREAKING: Nigerian Police Arrest Sowore At Federal High Court In AbujaPipeline Surveillance: Group Tasks Tantita on Transparency, Accountability Dangote Reveals Plans to More Than Double 650,000 bpd Oil Refinery to 1.4 Million bpdYusuf Tuggar: Tinubu Pursuing Nigeria’s Strategic Autonomy Amid Trump’s Tariffs, China TiesTo Plug Revenue Leakages, Boost Transparency, FG Unveils Federal Treasury ReceiptJaiz Takaful Insurance Declares N118m Surplus, Rewards Customers Without ClaimsTinubu Extends Surveyor-General of the Federation, Abduganiyu Adebomehin’s Tenure by Two YearsFG: We Will Invest $220m to Create Job Opportunities for Young NigeriansFG Disburses N32.9bn to States Under Basic Healthcare FundASUU Suspends Warning Strike, Says Useful Dialogue Ongoing with FGBridging Nigeria’s Power Gap: How Eunisell Interlinked Plc Delivers Reliable Engineering Solutions for Industrial, Energy SectorsNew Horizons Wins Global ICT AwardYET ANOTHER AVOIDABLE DISASTER`DON’T WISH IT WERE EASIER’Ecobank Nigeria, LSETF Partner to Empower MSMEs Across LagosTETFund to Unveil Electric Transportation in Selected Tertiary Institutions NovemberShettima: Masari Supported Tinubu’s Presidential Ambition Against All Odds in 2023BREAKING: Soldier On Holiday Shot Dead By Herders After Challenging Them For Brandishing Firearms In KwaraTech Innovation Awards Set to Celebrate Digital Excellence In AfricaFG: We’ll Invest $220m To Create Job Opportunities For Young NigeriansDevolution is Nigeria’s Last Peaceful Reform Opportunity, Says AgbakobaBREAKING: Bandits Launch Coordinated Attacks On Kaduna Communities, Abduct Nine ResidentsKanu Set to Defend Terrorism Allegations After Meeting Legal TeamTinubu Extends Surveyor-General of the Federation, Abduganiyu Adebomehin’s Tenure By Two Years Idle Hands, Dangerous Streets: Deadly Cost of Youth Unemployment!Senate Moves to Establish N4.7bn Sickle Cell Research, Therapy Centres Across NigeriaHouse Calls on Works Ministry, Others to Rehabilitate, Expand Bida-Agaie-Lapai-Lambata-Diko RoadNOSDRA Relaunches Environmental Sensitivity Index MapAgain, Enugu Pulls down Property Used for Kidnapping18-Year-Old Nigerian, Muhammad Aminu Sani, Emerges One of the Youngest Commercial Pilots in the Nation’s HistoryAbia Earnings: Deputy Speaker Kalu Deserves Accolades, Not Attacks, Says Former Assembly Speaker OhajurukaAgain, Enugu State Govt Pulls Down Property Used for KidnappingDon’t Let Your Hatred for Mutfwang Ruin Tinubu’s Chances, Group Warns APC ChairmanCourt Decides Legality of PDP’s Convention October 31CVA 2025: Over 50 Brands Set for Honour 
Fri. Oct 24th, 2025

Oil revenue declines 22% to N3.9 trillion in Q4 2024 – Budget Office  

Nigeria’s oil revenue dropped by 22% to N3.9 trillion in the fourth quarter of 2024, reflecting a significant shortfall against budgetary expectations. This is according to the Budget Office of the Federation (BOF)’s Q4 2024 Budget Implementation Report. The Budget Office disclosed that the country recorded N3,908.50 billion in gross oil revenue, representing a N1,090.58 […]

The post Oil revenue declines 22% to N3.9 trillion in Q4 2024 – Budget Office   appeared first on Nairametrics.

    • Hot Source

    Related Posts

    Naira strengthens to N1,455/$ as foreign reserves hit $42.8 billion 

    The Naira ended the week stronger at N1,455.5 per US dollar on Friday. This is according to data published on the Central Bank of Nigeria (CBN) website. This marks an improvement from N1,461/$1 recorded on Thursday, reflecting a sustained trend of relative stability in the foreign exchange market. Throughout the week, the currency showed resilience. […] The post Naira strengthens to N1,455/$ as foreign reserves hit $42.8 billion  appeared first on Nairametrics.

    Continue reading
    Aradel Holdings acquires 40% ND Western, deepens upstream footprint 

    Aradel Holdings Plc has announced a binding agreement to acquire an additional 40% equity stake in ND Western Limited from Petrolin Trading Ltd. A corporate disclosure filed with the NGX on Friday revealed that the agreement was routed through its fully owned subsidiary, Aradel Energy Limited, positioning the indigenous energy group for greater dominance in […] The post Aradel Holdings acquires 40% ND Western, deepens upstream footprint  appeared first on Nairametrics.

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Business & Economy

    Biz & Economy

    Naira strengthens to N1,455/$ as foreign reserves hit $42.8 billion 
    Biz & Economy

    Aradel Holdings acquires 40% ND Western, deepens upstream footprint 
    Biz & Economy

    FMDQ Exchange lists N30.05 billion fresh Commercial Papers in one week 
    Biz & Economy

    Tigran Gambaryan: Court sets November 27 for judgement in detention case against Nigeria
    Biz & Economy

    Tinubu hails FATF for removing Nigeria from grey list, calls it reform milestone 
    Biz & Economy

    NGF, federal stakeholders, Woodhall Capital explore funding frameworks for state-led infrastructure – Organisers

    NGF, federal stakeholders, Woodhall Capital explore funding frameworks for state-led infrastructure – Organisers
    Biz & Economy

    Kaduna: SON destroys N25 million worth of expired sugar, substandard goods
    Biz & Economy

    IMTO inflows down $193.14 million in Q1 2025, miss remittance target
    Biz & Economy

    FATF removes Nigeria from grey list, boosting investor confidence
    Biz & Economy

    Afreximbank assets grow to $40 billion as Elombi takes over presidency 
    Biz & Economy

    Nuli celebrates grand opening in Washington, DC
    Biz & Economy

    Breaking: President Tinubu sacks service chiefs, appoints new military leadership 
    Biz & Economy

    NEM Insurance records N5.8 billion Q3 2025 profit on booming investments 
    Biz & Economy

    Lagos water transport: High fares threaten potential amid €410 million Omi Eko push 
    Biz & Economy

    Nigeria’s fiscal deficit widens to N13.5 trillion in 2024 – Budget Office  
    Biz & Economy

    Nigeria Immigration dismisses 2 officers for kidnapping, others
    Biz & Economy

    CGT: How Nigeria compares with other African countries 
    Biz & Economy

    Bonny Light boom: Nigerian crude set for biggest weekly surge since June rally 
    Biz & Economy

    Meet Guinness Nigeria’s newly appointed company secretary, Abimbola Ajibola-Jimoh 
    Biz & Economy

    Most indebted listed oil and gas companies as of June 2025   
    Biz & Economy

    NEM Insurance revenue for second quarter 2025 soars to N75.41bn as sector grosses N1.2tn 
    Biz & Economy

    TAJBank emerges Nigeria’s biggest non-interest bank 
    Biz & Economy

    Who Lives Better: Income of N1.5M in Nigeria or $1K in the US? 
    Biz & Economy

    Oil revenue declines 22% to N3.9 trillion in Q4 2024 – Budget Office  
    Biz & Economy

    Fintech startup Lidya shuts down after nine years 
    Biz & Economy

    Africa’s richest, Aliko Dangote, net worth hits $30.2 billion in 2025 
    Biz & Economy

    Germany-Nigeria trade volume rises 30% to €3 billion – Ambassador 
    Biz & Economy

    Why Saving Money in Nigeria won’t make you Rich 
    Biz & Economy

    Can Strong Fundamentals Sustain the NGX Bullish Streak Past 151,456.91 Points
    Biz & Economy

    How Nigeria is Stifling Tourism Growth, Losing Billions of Dollars to Stringent Visa Processing
    Biz & Economy

    Presco Records N139.7bn PBT, Declares Second Interim Dividend of N10   
    Biz & Economy

    ESET Research Analyses Cyberespionage Campaign Link to Operation DreamJob
    Biz & Economy

    Multi-million Dollar Fraud Case, Lingering Legal Battles Still Haunts EcoBank
    Biz & Economy

    Rafsanjani: Most of Africa’s Loans Are for Consumption, not Development
    Biz & Economy

    Farmlinkup Poised to Connect Farmers with Customers in Nigeria 
    Biz & Economy

    LG Electronics, Ecobank Unite to Transform Homes