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Economic Reforms

Nigeria Cuts Cooking Gas Imports As Local Plants Supply 87%

Nigeria produced 87 percent of its cooking gas in 2025 as local refineries cut imports and improved supply nationwide.

FG Plans To Borrow ₦900bn In January As Debt Pressure Grows

Nigeria’s government plans to raise ₦900bn from bonds in January 2026, doubling last year’s borrowing amid rising debt pressure.

World Bank: 139 Million Nigerians Still Trapped in Poverty

The World Bank urged Nigeria to channel reform gains into real welfare improvements, as 139 million citizens still live in poverty.

Nigeria Records $6.83 Billion Payments Surplus in 2024

Nigeria records a $6.83 billion payments surplus in 2024, marking the first surplus in three years. Key reforms and trade performance contributed to the success.

Buhari Praises Tinubu Amid Nigeria’s Economic Challenges

Former President Muhammadu Buhari has openly commended President Bola Tinubu for his impressive handling...

Senate Probes Buhari Govt’s N30tr Loan, Seeks Economic Transparency

The Nigerian Senate launches investigations into a N30 trillion CBN loan and the efficiency of key industries to ensure fiscal responsibility and economic stability.

Nigeria’s Poverty Rate Soars Despite Economic Reforms

Nigeria, Africa's largest economy, is facing a paradox. On one hand, the government has...

Nigeria’s Account Gains N1 Trillion Monthly After Subsidy Removal

Nigeria's Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, recently...

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Nigeria Cuts Cooking Gas Imports As Local Plants Supply 87%

Nigeria produced 87 percent of its cooking gas in 2025 as local refineries cut imports and improved supply nationwide.

FG Plans To Borrow ₦900bn In January As Debt Pressure Grows

Nigeria’s government plans to raise ₦900bn from bonds in January 2026, doubling last year’s borrowing amid rising debt pressure.

Court Adjourns Trial of Anthony Joshua’s Driver to February 25

KEY POINTS The Sagamu Magistrate Court adjourned the trial of Adeniyi Kayode to allow...

Nigerian Monarch Obateru Akinruntan Targets 200 Obat Oil Stations as Fuel Market Reshapes

KEY POINTS Obat Oil plans to grow its retail network to 200 stations across...