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Forex Economic analysts have indicated that while the nominal value of the 2025 budget has significantly increased, it has decreased by 18.25 per cent in dollar terms compared to the 2022 estimate.They stated this following the…
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Debt Nigeria has retained its position as the third-largest debtor to the World Bank’s International Development Association (IDA) with its exposure climbing to $17.1bn as of September 30, 2024.According to the World Bank’s latest…
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The International Monetary Fund, IMF, has advised the Nigerian government to refine its reforms to make them acceptable and supported by the citizens who have been grossly affected by them.The IMF, in its latest Regional Economic…
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...Kyari never pledged to completely halt imports but instead to prioritise local refineries - NNPCDoctor Robinson Onuh, Executive Director of the Energy Reforms Advocates of Nigeria (ERAN), has condemned NNPC’s management, calling…
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…Say Expansionary Budget Will Further Fuel Inflation …N1,400 Benchmark Exchange Rate, $75 Oil Price Will Widen Fiscal DeficitSome financial experts have criticized Nigeria’s N47.9trn 2025 proposed budget for unrealistic…
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N221.28bn spent on alternative energy by manufacturers in H1, 2023 — ExpertThe worsening economic crisis being experienced by businesses may not be exclusive to the multinationals, as Nigerian Tribune’s checks revealed that Small…
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Petrol production at Nigerian business tycoon Aliko Dangote’s $20bn (£15.5bn) state-of-the-art oil refinery ought to be some of the best business news Nigeria has had in years.But many Nigerians will judge its success on two key…
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Dangote Refinery and the Independent Petroleum Marketers Association of Nigeria, IPMAN have signed a 60-million-litre weekly Premium Motor Spirit, PMS supply deal.This comes as IPMAN confirmed that fuel prices have marginally…
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By Saidu AbubakarNLNG, on Tuesday, in Port Harcourt, Rivers State, kicked off its Nigerian Content Human Capacity Development (NC-HCD) Basic Training Programme for the NLNG Train 7 Project, a major NC programme aimed at reskilling…
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Analysts anticipate inflationary pressure to persist in NovemberThe Nigerian National Petroleum Company (NNPC) Limitedand oil marketers operating in the country imported 1.5 million metric tonnes of petrol and 414,018.764 metric…
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