Nigerian Crude Oil Approaches $120 per Barrel as Middle East Tensions Escalate
Nigerian crude oil prices have climbed sharply, edging closer to the $120 per barrel mark as the conflict in the ...
Tag: Tinubu
Nigeria in Advanced Talks with World Bank for $1.25bn Loan to Boost Investment and Jobs
The Federal Government is on the verge of securing a fresh $1.25 billion loan from the World Bank to accelerate ...
Nigeria’s External Reserves Drop by $855 Million in Five Weeks
Nigeria’s foreign exchange reserves have come under fresh pressure, declining by approximately $855 million over a five-week period, according to ...
Nigeria’s External Reserves Drop by $731 Million in Early April
Nigeria’s foreign exchange reserves came under renewed pressure in April 2026, declining by approximately $731 million within the first three ...
Airlines: “We Are Bleeding”, FG Offers Debt Relief as Airlines Battle 300% Jet Fuel Price Surge
The Federal Government has stepped in to prevent a looming shutdown of domestic flight operations, offering debt relief to airline ...
FG Introduces Green Tax on High-Engine Vehicles from July 1 to Promote Cleaner Transport
The Federal Government has rolled out a new environmental levy targeting vehicles with large engine capacities as part of the ...
FG Deductions Swallow 41% of N84 Trillion Revenue Starving States and LGs – World Bank
Nigeria’s federation revenues have surged to N84 trillion over the past three years, but a staggering 41% of this amount ...
Tinubu’s Debt Dilemma: Nigeria’s Public Debt Hits N159.28 Trillion Amid Fresh Borrowing Surge
Nigeria’s total public debt stock climbed to N159.28 trillion as of December 31, 2025, marking a significant increase driven largely ...
Tinubu Issues Executive Order to Redirect All Oil Revenues to Federation Account, Ending NNPCL Deductions
President Bola Tinubu has signed an executive order that fundamentally reshapes the management of Nigeria's oil and gas revenues, directing ...
Tinubu Greenlights N4 Trillion Bond to Settle Power Sector Debts, Boosting Market Stability
In a major step to revive Nigeria's beleaguered power industry, President Bola Tinubu has authorized a N4 trillion bond aimed ...
