Tag: #NigeriaEconomy

The Nigerian Upstream Petroleum Regulatory Commission(NUPRC) has declared an end to the long-standing practice of oil companies holding exploration licences ...

Cash held outside Nigeria’s banking system declined by N197.68bn in January 2026, even as overall liquidity in the economy weakened, ...

A new study has revealed that about 63 per cent of Nigerians fell below the poverty line following the removal ...

The Central Bank of Nigeria (CBN) has announced that the country’s gross external reserves have exceeded the $50bn mark, reaching ...

Nigeria spent about $5.21bn servicing its external debt obligations in 2025, accounting for more than 72 per cent of the ...

Nigeria’s Minister of Finance, Wale Edun, has said the current increase in petrol prices reflects market realities, urging Nigerians to ...

Nigeria’s crude oil exports fell sharply in the fourth quarter of 2025, declining by nearly 30 percent compared with the ...

The Federal Government has launched the $500 million Sustainable Power and Irrigation for Nigeria (SPIN) Project, a major initiative designed ...

The Federal Government has warned that rising geopolitical tensions in the Middle East could worsen the cost of living in ...

The Federal Government has set a target of securing more than $50 billion in trade and investment deals at the ...