Nigeria is saving over N10 trillion every year following the removal of fuel subsidy by President Bola Tinubu. Senator ...

(Bloomberg) -- With petrol scarce and his fuel tank on red, taxi driver Victor Ovundah queued overnight at a gas station in Port Harcourt, Nigeria and by morning was getting close to filling up when ...

Senator Olamilekan Adeola, who represents Ogun West Senatorial District, has justified President Bola Tinubu’s decision to ...

Former Minister of Finance, Kemi Adeosun, has revealed that all ministers during her tenure were aware that the fuel subsidy ...

(Bloomberg) -- Nigeria’s reintroduction of a gasoline subsidy months after it was scrapped is expected to guzzle almost half of its projected oil revenue this year, according to the International ...

Senator Solomon Adeola (APC–Ogun West) has revealed that Nigeria now saves approximately N10 trillion annually following ...

Economist Kalu Aja has publicly apologised to Nigerians for initially supporting the removal of the fuel subsidy by President ...

BY DAUDU AGABA ANDREW SAMUEL Six months after Nigeria removed fuel subsidies, the economic shockwaves are still ...

The International Monetary Fund (IMF) has given reasons it urged Nigeria to remove fuel subsidies. Abebe Selassie, Director of the African Department of the Fund, who provided insights into the ...

LAGOS, May 13 (Reuters) - Nigeria's fuel marketers are ending a months-long suspension of imports which caused the worst fuel shortages in years after the government started clearing hundreds of ...

As the new president, Mohammadu Buhari settles into office today, it is clearly evident that one of the most urgent (may not necessarily be most important) task before him would the optimal decision ...

GENEVA/ABUJA (Reuters) - Nigeria has expanded its list of fuel suppliers to include companies previously named in a multi-billion dollar subsidy fraud investigation, sources familiar with the matter ...