The Central Bank of Nigeria (CBN) has cut its Monetary Policy Rate (MPR) from 26.5 per cent to 23 per cent, a 350-basis-point reduction that has drawn mixed reactions from
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The Dangote Petroleum Refinery and other petroleum marketers have reduced the prices of Premium Motor Spirit (PMS), commonly known as petrol, across major depots in Lagos, Port Harcourt, Calabar and
The Central Bank of Nigeria (CBN) has cut the benchmark Monetary Policy Rate (MPR) from 26.5 per cent to 23 per cent, marking a significant shift in the country’s monetary
Media personality Nedu Wazobia has expressed concern over the rising cost of living in Nigeria, saying survival has become a daily struggle for many citizens. In a recent video, Nedu
Aliko Dangote, President of Dangote Group, has explained why Nigerians are still paying relatively high prices for petrol despite the commencement of large-scale domestic refining, saying local production does not
Nigeria and India are seeking to rebuild bilateral trade towards $15 billion, with Indian Prime Minister Narendra Modi pushing for renewed purchases of Nigerian crude oil as both countries look
Manufacturing companies listed on the Nigerian Exchange Limited (NGX) entered the second quarter of 2026 with combined inventories of about N1.77 trillion, as rising production costs and weak consumer purchasing
The Debt Management Office (DMO) has opened a N1 trillion Federal Government of Nigeria (FGN) bond offer, giving investors an opportunity to subscribe to two debt securities with maturities in
Nigeria’s struggle to retain multinational companies has come under fresh scrutiny after global e-hailing company Uber announced plans to exit the country, joining a growing list of international firms that
Former Ekiti State Governor Kayode Fayemi has described Atiku Abubakar’s promise to restore petrol subsidy as a political strategy designed to appeal to Nigerians struggling with the economic fallout of