Excessive government spending is severely undermining Nigeria’s monetary policy efforts, making it difficult to control inflation and stabilise the naira,...
Year: 2025
Nigeria’s oil and gas operators owe the federal government a staggering $6.1bn in unpaid royalties, taxes, rents, and other statutory...
Nigeria’s crude oil production costs have surged to an average of $40 per barrel, placing the country among the highest-cost...
Nigeria’s battle to boost local refining capacity has taken a new turn, with petroleum retailers alleging that 500,000 barrels of...
Nigeria’s federal government has announced plans to boost broadband investments by up to 500%, as part of a sweeping initiative...
Nigeria’s Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed 19 illegal Liquefied Petroleum Gas (LPG) and Category D cooking...
The Nigerian government has announced plans to issue bonds worth N758bn to clear accumulated pension debts, a move it says...
Uganda and Nigeria have taken a significant step towards deepening economic cooperation following the appointment of Ani Bassey-Eyo as Uganda’s...
The Nigeria Labour Congress (NLC) has suspended its planned nationwide protest against the recent 50% hike in telecom tariffs approved...
Embattled former Governor of the Central Bank of Nigeria, Godwin Emefiele, has urged the Federal Capital Territory High Court in...