Economy
Nigeria Faces Widening Fiscal Deficit as Debt Burden Looms, IMF Warns
The International Monetary Fund (IMF) has issued a stark warning about Nigeria's…
Nigeria Sets Ambitious 7% Growth Target Amidst Economic Reforms, Minister Affirms
Nigeria is setting its sights on a significant economic expansion, aiming for…
FG Launches Forensic Audit of NNPC Amid Leadership Shake-Up
Signaling a commitment to transparency and efficiency within Nigeria's crucial oil sector,…
IMF Sounds Alarm on Nigeria’s Inflation: Projects 26.5% Average for 2025
Despite recent data suggesting a moderation in Nigeria's inflation rate, the International…
Nigeria’s Manufacturers Bleed as Energy Crisis Drives Alternative Power Bills to N1.11 Trillion
The resilience of Nigeria's manufacturing sector is being severely tested as crippling…
Nigerian Stock Market Dips Amidst Inflation Concerns
Nigeria stock market experienced a slight downturn last week, with the NGX…
Banks Navigate Shifting Credit Landscape in Early 2025
A nuanced picture of Nigeria's credit market emerged in the first quarter…
Dangote Refinery Cuts Petrol Price Again, Now N835/Litre
The Dangote Petroleum Refinery has announced a further reduction in the gantry…
Nigeria’s Debt Service Projected to Surge to $5.2 Billion in 2025, Fitch Warns
Nigeria's external debt service is projected to climb to a substantial $5.2…
Nigeria to Establish National Strategic Petroleum Reserve Amid Fuel Security Push
In a move aimed at fortifying its energy security and shielding its…