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
All posts tagged in Nigerian Economy
32Articles
Civil society groups, youths, students and market women have protested at the Federal Ministry of Finance in Abuja, calling on the Federal Government to reduce its reliance on borrowing. The
Nigeria’s exports to other African countries rose sharply to N10.72tn in the first half of 2026, representing a 122.26 per cent increase from the N4.82tn recorded during the same period
Peter Obi, the 2027 presidential candidate of the Nigeria Democratic Congress (NDC), has expressed support for the ongoing Initial Public Offering of Dangote Petroleum Refinery and Petrochemicals, urging Nigerians to
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
Foreign investors withdrew a net N266.07 billion from Nigeria’s equities market in the first seven months of 2026, marking the sharpest capital outflow recorded over the past three years and
For 100 years, Nigeria’s economic progress has depended heavily on one question: how efficiently can the country move people and goods across its vast territory? From colonial-era railways and ports
Social commentator Isaac Fayose has sparked fresh reactions online after taking a swipe at President Bola Ahmed Tinubu’s administration over Nigeria’s economic difficulties. In a viral video, Fayose sarcastically suggested
Nigeria’s capital market is set to return to the global FTSE Russell Frontier Market index after nearly three years outside the classification, in a move the Federal Government says reflects
The Presidency has challenged African Democratic Congress (ADC) presidential candidate Atiku Abubakar to explain how his proposed return of petrol subsidy would work, demanding clear details on its cost, beneficiaries