‘You’re Reckless in spending’, IMF Raises Alarm on Nigeria’s Spending Spree as Tinubu Allocates N6.1…
The International Monetary Fund (IMF) has issued a stern warning to Nigeria, urging the government to rein in its spending habits at a time when President Bola Tinubu’s administration has earmarked a staggering N6.1 billion for!-->!-->!-->…
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NCDMB visits MT Group facilities, pledges support manufacturing plans
By Saidu Abubakar
A delegation from the Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday visited MT Valves West Africa Free Zone at Lekki Free Zone, Lagos, to assess the firm’s operations and plans to invest in!-->!-->!-->!-->!-->…
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Currency in circulation drops to N5 trillion for March 2025 — CBN
Nigeria’s currency in circulation declined to N5 trillion in March 2025, according to the latest data from the Central Bank of Nigeria (CBN), reflecting a continued drop for the third consecutive month in 2025.
The report published!-->!-->!-->!-->!-->…
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BREAKING: IMF Projects 3% economic growth rate for Nigeria in 2025
The International Monetary Fund (IMF) logo is seen at the IMF headquarters building during the 2013 Spring Meeting of the International Monetary Fund and World Bank in Washington, April 18, 2013. REUTERS/Yuri Gripas (UNITED STATES - Tags:!-->…
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Nigeria’s economic reform faces new threats
Nigeria stands at a critical juncture, facing the dual challenges of implementing bold economic reforms and navigating an uncertain global landscape. The year 2025 has brought significant developments in Nigeria's energy sector and the!-->!-->!-->…
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Filling stations shut after Dangote Refinery’s petrol price drop
Some filling stations and petroleum products marketers, partners of Dangote Refinery’s petrol, temporarily shut down for the past five days after the latest premium motor spirit price drop by the 650,000 barrels per day refinery.
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NNPC’s New Boss, Ojulari Meets Staff, Assures Strategic Reforms
GCEO of NNPC, Engr. Bayo Ojulari
The new Group Chief Executive Officer of the NNPC Ltd., Bashir Bayo Ojulari has met the staff of the Company, with a vow to pursue the company’s bold ambitions and build an NNPC that will be the pride of!-->!-->!-->…
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Excitement As 2 Arrested Over N1.3tr CBEX Scam
According to reports, the Economic and Financial Crimes Commission (EFCC) has arrested two suspects in connection with the alleged loss of approximately N1.3 trillion linked to Crypto Bridge Exchange (CBEX), a digital asset trading!-->!-->!-->…
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Nigeria: Prolonged Power Outage Cripples Socio-Economic Activities in Kano
A frozen food dealer along Zaria road, Manu Garba, said that the persistent power outage had left many business owners in huge debt.
The prolonged power outage in Kano over the past 10 days has disrupted socio-economic activities in!-->!-->!-->!-->!-->…
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NNPC Reduces Petrol Price
The Nigerian National Petroleum Company, NNPC Limited has reduced its premium motor spirit price.
on Saturday , petrol price at NNPCL filling stations in the Federal Capital Territory, Abuja, has been reviewed downwards to!-->!-->!-->!-->!-->…
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