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

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

Dangote Petroleum Refinery has reaffirmed its position on the ongoing dispute with the Depot and Petroleum Products Marketers Association of Nigeria, insisting that it would not absorb logistics costs ...

The Centre for the Promotion of Private Enterprise (CPPE) has warned that the federal government’s suspension of the 15 per ...

S&P Global improved its outlook on sub-Saharan Africa’s two biggest economies, an indication that painful economic reforms ...

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, ...

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

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.

The Executive Director of the Midstream and Downstream Gas Infrastructure Fund (MDGIF), Oluwole Adama, said the plan follows ...

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.

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 ...

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