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The International Monetary Fund (IMF) has advised Nigeria to avoid bringing back blanket petrol subsidies, urging the government to provide direct assistance to vulnerable households instead. The recommendation came during…
The Yoruba Ronu Leadership Forum has challenged Finance Minister Taiwo Oyedele’s definition of petrol subsidy, arguing that the federal government’s 30-day petrol price cap raises questions about its economic policy.…
The CBN interest rate cut has reduced Nigeria’s monetary policy rate from 26.5 per cent to 23 per cent. Central Bank of Nigeria Governor Olayemi Cardoso announced the decision after…
Atiku Abubakar has criticised President Bola Ahmed Tinubu’s economic policies, saying Nigeria cannot build a $1 trillion economy while citizens struggle with rising poverty. The former vice-president and presidential candidate…
The MRS petrol price has risen again after the filling station operator increased its pump price from N1,310 to N1,395 per litre in Abuja and surrounding areas. A market survey…
President and Chief Executive of Dangote Industries Limited (DIL), Aliko Dangote, says the economic reforms introduced by the Federal Government under President Bola Tinubu are putting Nigeria on a path…
Credit to the private sector fell by 15.3 per cent month-on-month (MoM) to N33.9 trillion in July 2026, down from N40.03 trillion recorded in June. The Central Bank of Nigeria…
Pension Fund Administrators (PFAs) invested about N17.1 trillion of Nigerian pension assets in Federal Government securities during the first quarter of 2026. The amount represents 58.07 per cent of the…
Nigeria is moving closer to the Central Bank of Nigeria’s (CBN) $1 billion monthly remittance target, with diaspora inflows reaching $947 million in July 2026. The latest figure puts the…
The NNPCL revenue decline deepened in July 2026 as lower crude oil sales and production hit the state-owned oil company’s financial performance. The Nigerian National Petroleum Company Limited (NNPCL) reported…
