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#NigeriaEconomy
Fuel subsidy: Arabambi says Nigeria must produce its way out of high petrol prices
Nigeria must increase domestic production and refining capacity if it wants to achieve sustainable reductions in petrol prices, Labour Party chieftain, Dr Abayomi...
FG announces 30-day petrol discount, prioritises public transporters
The Federal Government has announced a 30-day discount on petrol dispensed by the Nigerian National Petroleum Company Limited, with public transport operators nationwide...
Tinubu Declares ‘Age Of Prosperity’ As Nigeria Marks 66th Independence Anniversary
President Bola Ahmed Tinubu has declared that Nigeria has moved beyond the difficult phase of economic reforms and is now entering what he...
States’ IGR jumps 41% to N5.15tn in 2025, Lagos accounts for N1.77tn — NBS
The 36 states of the federation and the Federal Capital Territory generated a combined N5.15 trillion in Internally Generated Revenue (IGR) in 2025,...
Tinubu Witnesses $7bn Ogun Port, Industrial Zone Deal With DP World In Paris
President Bola Ahmed Tinubu has assured domestic and international investors of the Federal Government’s commitment to regulatory clarity, policy stability and a predictable...
Nigeria’s external reserves hit $55.25bn as CBN cuts interest rate to 23%
Nigeria’s foreign exchange reserves have risen to $55.25 billion as of September 18, 2026, while the Central Bank of Nigeria (CBN) has cut...
Oil Price Rises Above $107 as Middle East Tensions Threaten Global Supply
Global oil prices surged on Monday, with Brent crude rising above $107 a barrel as escalating tensions across the Middle East heightened fears...
Nigeria’s Economy Accelerates, Targets $1trn GDP by 2030 — Finance Ministry
Nigeria’s economic growth accelerated in the second quarter of 2026, with real Gross Domestic Product (GDP) expanding by 4.43 per cent year-on-year, according...
‘Hire from Nigeria’ Is a Business Advantage, Not Charity — Oduwole
The Federal Government has launched a new campaign designed to position Nigeria as a competitive global hub for skilled human capital, urging international...
Nigeria Exceeds OPEC Quota as Crude Oil Production Hits 74-Month High
Nigeria’s oil industry recorded a major milestone in June 2026 as the country’s combined crude oil and condensate production climbed to an average...
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