Nigerian Palm Oil About To Get Expensive As Indonesia Increases Export Levy

Posted on May 18, 2025May 18, 2025 by GISTSMATE MEDIA

Indonesia, the world’s largest producer of palm oil, increased the export tax on crude palm oil (CPO) from 7.5% to […]

Nigeria’s FX Reserves Gain $364 Million In Two Weeks, First Steady Climb Since January Peak

Posted on May 16, 2025May 16, 2025 by GISTSMATE MEDIA

Nigeria’s external reserves have recorded a sustained rebound for the first time in 2025, rising by $364 million between April […]

Posted on May 15, 2025May 15, 2025 by GISTSMATE MEDIA

The Chairman of BUA Group, Abdul Samad Rabiu, has pledged to further lower the prices of rice and other food […]

Posted on May 13, 2025May 13, 2025 by GISTSMATE MEDIA

The World Bank, yesterday, described the Budget 2025 key assumptions of 2.1 million barrels per day oil production and $73 […]

Posted on May 13, 2025May 13, 2025 by GISTSMATE MEDIA

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Bashir Ojulari, has promised that oil […]

Posted on May 13, 2025May 13, 2025 by GISTSMATE MEDIA

Nigeria’s economy recorded its fastest growth in about a decade in 2024, the World Bank said yesterday, alluding to early […]

Posted on May 12, 2025May 12, 2025 by GISTSMATE MEDIA

Dangote Petroleum Refinery has slashed the gantry price Premium Motor Spirit, PMS, also known as petrol to ₦825 per […]

Posted on May 7, 2025May 7, 2025 by GISTSMATE MEDIA

Nigeria government under President Bola Tinubu has fully repaid its $1.61bn (N2.59trn as of May 6, 2025) debt obligation to […]

Posted on May 5, 2025May 5, 2025 by GISTSMATE MEDIA

In a bid to strengthen Nigeria’s domestic economy and promote local content, President Bola Tinubu has initiated a policy that […]

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

The International Monetary Fund (IMF) has projected that Nigeria’s economy will grow by 3.0 per cent in 2025, according to […]