Algeria’s public finances are under mounting pressure after a dramatic drop in budget revenues in 2024, driven by falling hydrocarbon income and sluggish non-oil tax collection, according to the Bank of Algeria’s. Total budget revenues fell by 22.66% year-on-year, with hydrocarbon revenues plunging by 31.13% and non-hydrocarbon revenues declining by 13.50%, the Bank said in […]
Nigeria has successfully attracted a total of $13 billion in investment commitments in its oil and gas sector from major international energy companies, according to Olu Verheijen, the special adviser on energy to the country’s President Bola Tinubu. Verheijen said that she has partnered with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and they have […]
A ministerial delegation has arrived in Al Hoceima Monday to inspect the progress made in social and economic projects that were launched in the region in a bid to defuse tension and speed up the pace of the projects completion, le360 news website reported. The delegation landed in AL Hoceima in the wake of a […]
