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Home » ECONOMY » Page 10

Category Archives: ECONOMY

Otedola Asks FG To Release Subsidy Panel Report, Unmask Real Beneficiaries

Posted on September 29, 2025September 29, 2025 by GISTSMATE MEDIA

Nigeria’s foremost entrepreneur, Femi Otedola, has appealed to President Bola Tinubu to release the full report by the Aigboje Aig-Imoukhuede […]

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World Bank Approves $500m Loan For Nigeria’s Digital Expansion, $250m For Health 

Posted on September 28, 2025September 28, 2025 by GISTSMATE MEDIA

The World Bank is set to approve two loans totalling $750m for Nigeria on Tuesday, September 30, 2025, according to […]

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‘Economic Sabotage’, Dangote Reacts To PENGASSAN’s Directive, Says Fuel Price Hike Imminent

Posted on September 27, 2025September 27, 2025 by GISTSMATE MEDIA

Dangote Petroleum Refinery has warned that the recent directive issued by the Petroleum and Natural Gas Senior Staff Association of […]

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Naira Ranks Ninth Weakest Currency In Africa

Posted on September 27, 2025September 27, 2025 by GISTSMATE MEDIA

The Nigerian Naira has been ranked as the ninth weakest currency in Africa, according to a Forbes currency calculator report […]

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Nigerian Crude Oil Hits $70/barrel Amid Global Tensions 

Posted on September 27, 2025September 27, 2025 by GISTSMATE MEDIA

Nigerian crude settled at about $70 per barrel, up from $68 earlier in the week. This is because U.S. crude […]

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BUA Boss Predicts Naira Will Strengthen To N1,300 By Year-end

Posted on September 25, 2025September 25, 2025 by GISTSMATE MEDIA

Abdul Samad Rabiu, president of BUA Group, has predicted that the naira will strengthen to between ₦1,300 and ₦1,400 to […]

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CBN Introduces 75% CRR On Non-TSA Public Sector Deposits

Posted on September 24, 2025September 24, 2025 by GISTSMATE MEDIA

The Central Bank of Nigeria (CBN) has introduced a 75 percent cash reserve ratio (CRR) on non-treasury single account (TSA) […]

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FLASH: CBN Cuts Interest Rate To 27%

Posted on September 23, 2025September 23, 2025 by GISTSMATE MEDIA

The Central Bank of Nigeria (CBN), on Tuesday, announced a reduction in its Monetary Policy Rate (MPR) by 50 basis […]

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Nigeria’s Economy Grows By 4.23 Percent In Q2 2025

Posted on September 22, 2025September 22, 2025 by GISTSMATE MEDIA

Nigeria’s economy grew by 4.23 percent year-on-year in real terms in the second quarter of 2025, according to the National […]

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Nigeria Met 96% OPEC Quota In August; Output Averaged 1.63 Million Barrels Per Day: NUPRC

Posted on September 20, 2025September 20, 2025 by GISTSMATE MEDIA

Nigeria’s upstream oil sector has recorded a year-on-year output increase, averaging 1.63 million barrels per day (bopd) of crude oil […]

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