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Home » ECONOMY

Category Archives: ECONOMY

China, Nigeria Sign $30 Million Deal To Fund Local Projects 

Posted on October 29, 2026October 29, 2026 by GISTSMATE MEDIA

China and Nigeria yesterday signed a RMB 200 million (about $30 million) in grant assistance agreement to finance local development […]

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NESG: We’re Rewriting Nigeria’s Story Of Under-performance – Tinubu

Posted on October 27, 2026October 27, 2026 by GISTSMATE MEDIA

President Bola Tinubu said yesterday that his administration is rewriting Nigeria’s decades-long story of economic under-performance through far-reaching reforms designed […]

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FG Considers Law To Prevent Reversal Of Economic Reforms 

Posted on October 27, 2026October 27, 2026 by GISTSMATE MEDIA

The Federal Government is considering legislation to protect Nigeria’s economic reforms from reversal by successive administrations, as part of efforts […]

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Nigeria’s Remittance Inflows Hit Record $1.57 Billion In Q2 2026

Posted on October 26, 2026October 26, 2026 by GISTSMATE MEDIA

Nigeria’s inflows through International Money Transfer Operators (IMTOs) climbed to a record $1.57 billion in the second quarter of 2026, […]

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BREAKING: CBN Grants JP Morgan Approval To Establish Merchant Bank In Nigeria

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

The Central Bank of Nigeria (CBN) has granted JPMorgan approval-in-principle to establish a merchant bank in Nigeria, following the banking […]

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Petrol Landing Cost Falls To N1,283.81/ Litre 

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

The landing cost of imported Premium Motor Spirit, PMS, also known as petrol, has dropped marginally to N1,283.81 per litre […]

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FG Disagrees With World Bank Over H1 124% Debt Servicing/ Revenue Ratio

Posted on October 19, 2026October 19, 2026 by GISTSMATE MEDIA

The Federal Government has disagreed with the World Bank on the latter’s debt servicing/revenue ratio for the first half of […]

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Nigeria’s Imported Food Inflation Slows, But Prices Remain High – NBS

Posted on October 18, 2026October 18, 2026 by GISTSMATE MEDIA

Nigeria’s imported food price growth slowed to 9.19 per cent in September 2026, its lowest level since March, according to […]

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NNPCL Increases Petrol Price To N1,405 Amid Disputed Fuel Discount

Posted on October 17, 2026October 17, 2026 by GISTSMATE MEDIA

The Nigerian National Petroleum Company Limited, NNPCL, has increased its premium motor spirit, PMS, pump price following the announcement of […]

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FG To Examine Petrol Discount Scheme To Determine If Further Intervention Is Needed

Posted on October 17, 2026October 17, 2026 by GISTSMATE MEDIA

The federal government plans to examine the petrol discount scheme by the Nigerian National Petroleum Company (NNPC) Limited after the […]

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