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Nigeria Pauses Sachet Alcohol Ban After SGF Directive

Nigeria has halted enforcement of the sachet alcohol ban after an SGF directive, pending consultations and a final government review.

CBN Signals Higher Treasury Bill Rates After Bond Reset

Nigeria’s central bank prepares to lift Treasury bill rates after bond yields surge, signalling firmer monetary conditions and renewed focus on yield alignment.

Petrol Imports from Malta Surge 342% Amid Dangote, NNPC Rift

Nigeria's petrol imports from Malta have surged by 342% amid a rift between Dangote and NNPC. The increase underscores the need for reforms in the energy sector.

Tinubu Inherits Economic Crisis, Presidency Defends Policies

Facing critical reports, the Nigerian Presidency clarifies the economic challenges inherited by President Tinubu and the strategic measures implemented for recovery.

Atiku Calls for Probe Into Secret Fuel Subsidy Payments

Atiku Abubakar urges the National Assembly to investigate alleged secret fuel subsidy payments by President Bola Tinubu’s administration.

IMF Urges Nigeria to End Electricity Subsidies

The IMF warns Nigeria against unsustainable fuel and electricity subsidies, highlighting the need for fiscal discipline to tackle the nation's economic challenges.

State Police: Ex-Senate President Backs APC, Urges Transparency on Fuel Subsidy

Nigeria's former Senate President and the Chairman of the Board of Trustees of the...

Tinubu: Fuel Subsidy Removal Will Pay Off Soon

LAGOS - President Bola Tinubu has assured Nigerians that the removal of fuel subsidy,...

Nigeria’s Services Sector Boosts Economy Despite Fuel Price Hike

Nigeria, Africa’s largest economy, recorded a slight increase in its economic growth in the...

How Nigeria Saved N1.45 Trillion by Scrapping Fuel Subsidy

Nigeria’s government has revealed that it has saved about N1.45 trillion between June and...

Petrol Scarcity Hits Harder in Abuja, Lagos, Across Nigeria

Nigeria's woes deepen as cities like Abuja and Lagos witness intensified petrol scarcity, exacerbating...

Nigeria Spent $10 Billion on Fuel Subsidy in 2022, Says Official 

Nigeria, the largest oil producer in Africa, has been subsidizing the petrol price for...

Nigerian Workers Get Six-Month Pay Rise Amid Fuel Subsidy Removal

Nigeria’s President Bola Tinubu has announced a provisional wage increase of N35,000 for all...

Nigeria’s Government, Labor Unions Locked in Wage Dispute

Tensions are escalating between Nigeria's Federal Government and organized labor unions, setting the stage...

Latest articles

Nigeria Pauses Sachet Alcohol Ban After SGF Directive

Nigeria has halted enforcement of the sachet alcohol ban after an SGF directive, pending consultations and a final government review.

CBN Signals Higher Treasury Bill Rates After Bond Reset

Nigeria’s central bank prepares to lift Treasury bill rates after bond yields surge, signalling firmer monetary conditions and renewed focus on yield alignment.

EEDC Blames Power Supply Drop on Gas Shortages

EEDC says gas constraints disrupted generation, forcing load shedding and reducing electricity supply across the South-East as grid operators work to restore stability.

Trump Sues BBC for $10 Billion Over Edited Speech

Donald Trump sued the BBC for $10 billion, alleging an edited documentary misrepresented his January 6 speech and influenced the 2024 election