A fuel levy for the country remains an open case; and the burden of proof lies with those who insist that this is a “bridge, ...

Nigeria’s Independent Petroleum Marketers Association (IPMAN) has called for urgent government intervention to resolve long-standing debts inherited from the defunct Petroleum Equalisation Fund (PEF), ...

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

A nation's economy is like a patient on the operating table: sometimes the difference between healing and harm is not just the surgeon's skill, but also their ability to time the incision. In ...

IPMAN has claimed the NMDPRA has failed to pay long-standing debts despite years of promises, and warns that continued delays ...

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.

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.

Nigeria has received $800 million from the World Bank to expand its national social program ahead of eliminating its pricey but popular petrol subsidies in June, according to Finance Minister Zainab ...

ABUJA (Reuters) - Nigeria's fuel importers claim the government owes 880 billion naira in subsidies accrued over the past five years, highlighting the urgent need for deregulation, the finance ...

S&P Global Ratings has revised Nigeria’s sovereign credit outlook to positive from stable, citing sustained reform efforts and improving macroeconomic ...

When President Bola Tinubu approved a 15% import duty on petrol and diesel in October 2025, his advisers framed it as a strategic move: protect billions of dollars of new refining investment, conserve ...