U.S. Imposes Additional 10% Tariff on Nigeria for BRICS Partnership
In a move that has heightened global trade tensions, U.S. President Donald Trump announced on July 6, 2025, that Nigeria ...
Tag: #Nigeria
Nigeria’s Public Debt Surges to N149.39 Trillion in Q1 2025, DMO Reports
Nigeria’s total public debt climbed to N149.39 trillion by March 31, 2025, reflecting a 22.8% year-on-year increase from N121.67 trillion ...
Nigeria and 35 other countries at risk as U.S. plans major expansion of travel ban list
The Trump administration is preparing to significantly broaden its travel ban policy, potentially restricting or blocking entry for citizens of ...
Nigeria’s $5 Billion Oil-Backed Loan with Aramco Hits Delay Amid Falling Crude Prices
Negotiations between Nigeria and Saudi oil giant Aramco over a $5 billion oil-backed loan have stalled, as falling global crude ...
Moody’s Elevates Nigeria’s Sovereign Rating to B3, Applauding Economic Reforms
On May 31, 2025, Moody’s Ratings raised Nigeria’s credit rating from Caa1 to B3, recognizing substantial advancements in the nation’s ...
Nigeria’s Mining Sector Surges with $800 Million in New Investments
In a transformative push for Nigeria’s solid minerals sector, the administration of President Bola Tinubu has driven significant growth through ...
World Bank Raises Concerns Over Nigeria’s N54.9 Trillion 2025 Budget
The World Bank has expressed doubts about Nigeria’s N54.99 trillion federal budget for 2025, calling it highly ambitious and warning ...
CBN’s Naira Printing Costs Surge by 306% Amid Ongoing Cash Crisis
The Central Bank of Nigeria (CBN) spent a staggering N315.18 billion on currency management in 2024, marking a 306% ...
NACCIMA, OPS Warn Nigeria’s Rising Public Deficit Could Derail $1 Trillion Economy Target
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) and the Organized Private Sector of Nigeria (OPSN) ...
Ogun, Osun Top List of Nigerian States with Highest Right-of-Way Charges Amid Calls for Reform
Despite its substantial investment in broadband infrastructure, Ogun State has emerged as the most expensive Nigerian state for fibre optic ...
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