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Home » ECONOMY

Category Archives: ECONOMY

Fresh Loans Loom As Nigeria Remains Top World Bank Borrower

Posted on May 23, 2026May 23, 2026 by GISTSMATE MEDIA

Nigeria remained the third largest borrower from the World Bank’s International Development Association (IDA) in the first quarter of 2026, […]

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NNPC Opposes Dangote Refinery Suit, Warns Against ‘Monopoly Control’ Of Fuel Market

Posted on May 22, 2026May 22, 2026 by GISTSMATE MEDIA

The Nigerian National Petroleum Company (NNPC) Limited has opposed the lawsuit filed by Dangote Petroleum Refinery challenging fuel import licences […]

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Economic Hardship In Nigeria Painful But Necessary – FG

Posted on May 15, 2026May 15, 2026 by GISTSMATE MEDIA

The Minister of Solid Minerals Development, Dele Alake, says the current economic difficulties in Nigeria are painful but are part […]

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Nigeria Targets $20 Billion Foreign Direct Investment In 2026

Posted on May 15, 2026May 15, 2026 by GISTSMATE MEDIA

President Bola Tinubu has projected that Nigeria could attract nearly $20 billion in foreign direct investment (FDI) in 2026, citing […]

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Nigeria To Spend $11.6 Billion On Debt Servicing In 2026 – Tinubu

Posted on May 14, 2026May 14, 2026 by GISTSMATE MEDIA

President Bola Ahmed Tinubu has disclosed that Nigeria will spend about $11.6 billion on debt servicing in 2026, representing nearly […]

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Food Prices In Nigeria May Drop By Next Harvest – Farmers 

Posted on May 12, 2026May 12, 2026 by GISTSMATE MEDIA

The All Farmers Association of Nigeria says food prices may decline by the next harvest season if governments improve security […]

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Nigeria Attracts Largest Regional FDI Inflows

Posted on May 11, 2026May 11, 2026 by GISTSMATE MEDIA

Nigeria remains the most preferred foreign direct investment destination within the West African sub-region amidst decline in general foreign direct […]

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JUST-IN: Dangote Refinery Slashes Petrol Price To N1,200

Posted on May 8, 2026May 8, 2026 by GISTSMATE MEDIA

The Dangote Petroleum Refinery has announced a slight reduction in the ex-gantry price of Premium Motor Spirit (PMS), popularly known […]

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FLASH: Again, Dangote Refinery Increases Petrol Price

Posted on May 6, 2026May 6, 2026 by GISTSMATE MEDIA

Dangote Refinery has increased the ex-depot price of Premium Motor Spirit (PMS), also known as petrol, to ₦1,350 per litre […]

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FLASH: NNPC Seals Deal With China To Revive Port Harcout, Warri Refineries

Posted on May 4, 2026May 4, 2026 by GISTSMATE MEDIA

The Nigerian National Petroleum Company (NNPC) Limited has signed a Memorandum of Understanding (MoU) with two Chinese firms as part […]

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