President Bola Tinubu has admitted that it was a tough decision to remove the subsidy on fuel, but Nigerians must face the ...

Nigeria finds itself trapped in a fiscal paradox that defies basic economic logic. Despite removing fuel subsidies ...

As the battle to control market share in the downstream sector rages on, no fewer than 70 tank farm owners have been compelled to cease operations in the past two years, leaving their facilities ...

S&P could raise Nigeria’s ratings over the next 12 months if economic performance continues to exceed forecasts alongside more entrenched fiscal and external gains. Conversely, the outlook could be ...

The suspension of the planned implementation of a 15 per cent ad-valorem import duty on petrol and diesel imports has generated mixed reactions across the industry and economic stakeholders.

President Bola Tinubu says he fully understands what Nigerians are going through but that the present economic reform is necessary to build a resilient country and guarantee children's future.

Speaking shortly after his inauguration on May 29, 2023, Tinubu announced the end of the controversial petrol subsidy regime. His pronouncement had an immediate impact on the price of the product, ...

The Emir of Kano, Muhammadu Sanusi II, has disclosed that former President Goodluck Jonathan’s decision to suspend the removal of fuel subsidy in 2012 was motivated by fears of Boko Haram’s suicide ...

There is a familiar pattern in Nigerian politics. A short clip travels fast, gains outrage, and becomes the version of events that sticks. Nuance rarely survives that journey. The latest target of ...

A Senior Advocate of Nigeria, Femi Falana, has once again criticised President Bola Tinubu’s removal of the fuel subsidy, describing it as a move influenced by international financial institutions.

Financial flows to Nigeria and other developing countries for clean energy reached $21.57 billion, up from $12.14 billion in ...

Global financial flows to developing countries, including Nigeria, for clean energy projects have surged to $21.57 billion. This is according ...