Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
Former President Olusegun Obasanjo has revealed that the Nigerian National Petroleum Corporation (NNPC) turned down a $750 million offer from billionaire businessman Aliko Dangote to manage…
There is anxiety over a possible 40 percent telecommunications service tariff hike in Nigeria this New Year. This comes as telecommunications subscribers in Nigeria, under the…
Telecommunications subscribers have vehemently rejected a proposed 40 per cent telecom service tariff hike in Nigeria expected to kick off in 2025. The National Exco of…
President Bola Tinubu has again said that his administration is focused on reducing inflation from 34.6 percent to 15 per cent by 2025. Addressing Nigerians in…
The World Bank is set to approve three major loan projects for Nigeria in 2025, totaling $1.65 billion, aimed at addressing critical development challenges in the…
Despite the availability of local refineries, petrol remains unaffordable for ordinary Nigerians, spiking inflation and deepening economic hardship. Over the years, Nigerians were led to believe…
The Chief of Naval Staff, Vice Admiral Emmanuel Ogalla, has announced plans by the Nigerian Navy to deploy armed drones as part of efforts to combat…
Manmohan Singh, former Prime Minister of India and a key figure in the country’s economic liberalization, has passed away at the age of 92. Singh, one…
It appears there is no hope for an improved power supply to Nigerian households in 2025, as the federal government has made a provision of N1,989,579,379…
Dangote Refinery has announced another reduction in the ex-depot price of Premium Motor Spirit (PMS), also known as petrol. In a statement released on Thursday via…
