Tag: #Nigeria

The World Bank has approved a substantial financial package totaling $2.25 billion to support Nigeria's economic stability and assist vulnerable ...

In the wake of a significant drop in foreign exchange (FX) turnover, recent data from the FMDQ has shown that ...

Nigeria's President Bola Tinubu reiterated on Wednesday his commitment to ongoing economic reforms despite mounting hardships that have sparked public ...

The World Bank has raised concerns over the effectiveness of the Central Bank of Nigeria’s (CBN) monetary policy tightening in ...

Nigeria's average crude oil production dropped to 1.25 million barrels per day (bpd) in May, down from 1.28 million bpd ...

The Value Added Tax (VAT) collected in Nigeria saw a significant increase in the first quarter of 2024, rising by ...

Nigeria has experienced a substantial increase in its foreign debt servicing expenditures, escalating by 96% year-on-year, according to recent data ...

The Nigerian National Petroleum Company Limited (NNPCL) has categorically denied allegations that it inflated petrol subsidy claims by N3.3 trillion ...

Nigeria's expenditure on fuel imports surged to N2.6 trillion in the first quarter of 2024, marking a 46% increase from ...

Nigeria’s trade surplus soared to a record N6.52 trillion in the first quarter of 2024, driven by significant export growth, ...