After decades of enjoying some of the lowest petrol prices on the planet, thanks to hefty fuel subsidies, my motherland decided to cut the cord. This was a monumental shift that had the international ...
In a daring move, Nigeria’s President, His Excellency President Bola Ahmed Tinubu GCFR, declared the immediate abolition of ...
Onanuga, in a chat with TheCable, said Nigeria was in serious financial trouble ... The NNPCL was saying the government owed ...
President Bola Tinubu in his address, explained that the decision taken to remove subsidy ... of the above, Nigeria has no ...
Fuel prices have since tripled in Nigeria ... Tinubu’s government, however, has not publicly acknowledged the move.
Nigeria's central bank delivered its largest rate hike in absolute terms in around 17 years on Tuesday to tame soaring ...
Some of the other promises aimed at cushioning the effect of fuel subsidy removal was the promise to spend N100 billion to ...
Nigeria is currently experiencing its worst economic crisis in a generation, leading to widespread hardship and anger. The ...
Nigeria’s central bank raised its main interest rate by ... a trend that accelerated at the beginning of the Tinubu ...
ABUJA, Feb 26 (Reuters) - Nigeria has approved the immediate resumption of cash ... President Bola Tinubu scrapped a popular but costly fuel subsidy last May and twice devalued the currency in less ...
Nigeria, under the old subsidy regime, doubled freight charges to 20.46 naira per litre in 2021 to support deliveries of fuel and maintain uniform prices nationwide. But the removal of the fuel ...