The Central Bank of Nigeria (CBN) has announced the retention of the Monetary Policy Rate (MPR) at 27.5%, following the […]
Continue readingCategory Archives: ECONOMY
BREAKING: External Reserves Hit $40.1 Billion In July 2025
Nigeria’s external reserves have climbed to $40.11 billion as of July 2025, according to the Central Bank Governor, Yemi Cardoso. […]
Continue readingFG To Achieve $1 Trillion Economy By 2030 – Minister
The federal government has demonstrated its commitment to achieving a $1 trillion economy by 2030 through the domestic investment summit […]
Continue readingBREAKING: Nigeria’s GDP Grows By 3.13% In Q1 2025
The National Bureau of Statistics (NBS) has reported a year-on-year real GDP growth of 3.13% for Nigeria in the first […]
Continue readingNigeria Exceeds OPEC Quota By Four Percent In June
With a record of 104%, Nigeria exceeded the Organisation of Petroleum Exporting Countries (OPEC) crude oil production quota in June […]
Continue readingBREAKING: Again, Nigeria’s Inflation Rate Drops In June
Nigeria’s annual inflation rate eased to 22.22 per cent in June from 22.97 per cent in May 2025, the National […]
Continue readingNigerian Marketers Reduce Fuel Prices As FG Shuts Down Economy In Honour Of Buhari
Nigerian petroleum products marketers have announced a reduction of premium motor spirit prices, starting from today, Tuesday. This comes as […]
Continue readingBREAKING: Dangote Submits Paperwork To Build Nigeria’s Largest Seaport In Ogun
Africa and Nigeria’s richest man, Aliko Dangote, is taking another major step in the expansion of his industrial empire with […]
Continue readingBREAKING: Nigerian Petrol Marketers To Reduce Fuel Prices Nationwide
The Nigerian Petroleum Products Marketers Association of Nigeria has announced a plan to reduce the premium motor spirit price from […]
Continue readingNigeria’s Oil Rigs Climb To 46, Production Hits 1.7 Million Barrels Daily
Nigeria’s active crude oil rigs have increased from 44 last week to 46, according to the Nigerian Upstream Petroleum Regulatory […]
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