Fuel Scarcity Looms as Depots Raise Petrol Prices to N720/Litre
Fuel scarcity is re-emerging in Lagos and other parts of Nigeria following a significant hike in petrol prices by private ...
Tag: #Nigeria
World Bank Extends Nigeria’s Digital Identification Project Deadline Amid Missed Targets
The World Bank is restructuring its Nigeria Digital Identification for Development (ID4D) project, extending the deadline to 2026 after the ...
Nigeria’s Money Supply Nears N100 Trillion in May 2024 Despite MPC Tightening Efforts
Nigeria’s money supply (M3) has soared to nearly N100 trillion, reaching N99.24 trillion in May 2024. This represents a 2% ...
Nigerian Government Receives 103 Deportees from Turkey Amid Visa Issues
The Federal Government has welcomed 103 Nigerian nationals deported from Turkey due to various migration-related issues, including expired visas and ...
Nigeria’s External Reserves Reach $34 Billion, Highest Since March
Nigeria’s external reserves have surged to a significant milestone, hitting $34.07 billion in June 2024. This is the highest level ...
World Bank Disburses $45.5 Million for Nigeria’s ID4D Project Amid Data Security Concerns
The World Bank has disbursed $45.5 million to the National Identity Management Commission (NIMC) for Nigeria's Digital Identification for Development ...
Dangote Refinery: Weep Not Child By Duke of Shomolu
We have been inundated with very worrisome news emanating from the recently inaugurated giant, the Dangote Refinery. In summary, their ...
CBN Reports Progress in Inflation Control Amid Rising Food Prices
The Central Bank of Nigeria (CBN) announced on Saturday that its efforts to curb inflation through monetary policy tightening are ...
Inflation in Nigeria: Beans and Tomato Prices Skyrocket Amid Economic Challenges
The prices of major staple food items such as tomatoes, beans, garri, and potatoes rose by over 30% in May, ...
FG Spends $15 Billion on Debt Servicing Over Five Years, CBN Reports
The Federal Government of Nigeria has allocated a substantial $15.55 billion towards debt servicing from 2019 to 2024, according to ...
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CBN Prepares for N8.57 Trillion Liquidity Influx as OMO and Bond Maturities Hit Banks
NFEM Turnover Drops 17.7% to $2.25 Billion as CBN Lowers Benchmark Rate to 23%
Federal Government Allots N6.69 Billion in September Savings Bonds
Federal Government Seeks Fresh $1.5 Billion in World Bank Financing
Ways and Means Debt Records First Drop as Moratorium Ends
