In a bid to drive Nigeria's economic growth, President Bola Ahmed Tinubu recently met with the management team of...
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Naira Suffers Weekly Decline Against Dollar
The Nigerian naira ended the week on a dismal note, depreciating further against the US dollar. According to FMDQ...
Nigeria’s Economic Reforms Fall Short, Says IMF
The International Monetary Fund (IMF) has expressed concerns that President Bola Tinubu's economic reforms in Nigeria...
Wike Rules Out Atiku’s 2027 Presidential Ambition
Nyesom Wike, Minister of the Federal Capital Territory, has dismissed Atiku Abubakar's chances of securing the Peoples...
Nigerians Convert Private Vehicles into Commercial Rides Amid Fuel Price Hike
The removal of fuel subsidies and recent petrol price surge has pushed Nigerian private car owners to turn their...
Naira Among Africa’s Worst-Performing Currencies – World Bank.
The Nigerian Naira is one of sub-Sahara Africa's worst-performing currencies, says World Bank. Naira tied with...
Nigerians groan as electricity bills sap 57% of minimum wage earners’ salaries
When the Federal Government announced in September that it would start paying the proposed minimum wage of N70, 000,...
Dangote Refinery Not Obligated to Lower Fuel Prices – Expert
Oil and gas expert Olabode Sowunmi has clarified that Dangote Refinery's primary goal is not to reduce fuel prices for...
Lagos Residents Express Concern Over Proposed Sachet Water Ban
Lagos State residents have voiced concerns about the planned ban on single-use plastics and sachet water, citing...
Nigeria’s Government Greenlights Gas Supply for $3.3 Billion Methanol Facility
The Federal Government has sealed a landmark gas supply pact with multinational oil giants Shell, TotalEnergies, and...
Nigeria Generates N103.7bn from Electronic Fund Transfer Levies in H1 2024
The Federal Government has garnered N103.7 billion from Electronic Fund Transfer Levies in the first half of 2024,...
Dangote Urges FG to Abandon Crude Oil Swap Deals
Nigerian business mogul, Aliko Dangote, has cautioned the federal government to discontinue its crude oil-for-loan...
Naira Records Massive Gain Against Dollar as FX Supply Surges
The Nigerian naira witnessed a significant appreciation against the US dollar on Tuesday, driven by increased foreign...