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Home » ECONOMY » Page 2

Category Archives: ECONOMY

FLASH: Again, Dangote Refinery Slashes Fuel Price As Oil Rate Drop To $72 Per Barrel

Posted on June 25, 2026June 25, 2026 by GISTSMATE MEDIA

The Dangote Refinery has reduced the ex-depot price of petrol by ₦50 per litre, adjusting it from ₦1,175 to ₦1,125 […]

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FG Convenes Emergency Meeting Over Rising Cooking Gas Prices

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

The Federal Government has convened an emergency stakeholders’ meeting to address the recent increase in Liquefied Petroleum Gas, LPG, prices […]

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BREAKING: Foreign Reserves Rise To $51.04 Billion, Highest Level In 17 Years

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

Nigeria’s external reserves climbed to $51.04 billion on June 18, 2026, marking their highest level in about 17 years as […]

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Nigeria’s Foreign Reserves Increase By Over $1 Billion In Two Weeks 

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

Nigeria’s foreign reserves grew by more than $1 billion in the first half of June 2026, continuing the positive trend […]

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Cooking Gas Prices May Crash To N900/kg By End Of 2026 – NALPGAM

Posted on June 16, 2026June 16, 2026 by GISTSMATE MEDIA

The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) says retail cooking gas prices may fall to between N900 and […]

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IMF Estimates Naira’s Fair Value At N1,142/$, Says Currency 25.6% Undervalued

Posted on June 16, 2026June 16, 2026 by GISTSMATE MEDIA

The International Monetary Fund (IMF) says the naira remains undervalued by 25.6 percent despite recovering some ground against the US […]

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FG, States, LGs Share N2.257 Trillion April 2026 Revenue

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

The Federation Account Allocation Committee, FAAC, shared N2.257 trillion among the Federal Government, states and local councils for April 2026. […]

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Oil Prices Fall After US-Iran Peace Agreement 

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

Oil prices declined on Sunday after United States President Donald Trump announced that Washington and Tehran had reached a peace […]

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Amid Insecurity, Inflation, IMF Asks Tinubu Govt To Impose Fuel, Telecom Taxes

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

The International Monetary Fund has recommended introducing taxes on fuel products and telecommunications services in Nigeria as part of broader […]

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Poverty Persists Despite Nigeria’s Reforms Gains; But Don’t Reintroduce Subsidy – IMF Tells Tinubu

Posted on June 9, 2026June 9, 2026 by GISTSMATE MEDIA

The International Monetary Fund (IMF) has urged the federal government to maintain a neutral fiscal stance in 2026, warning that […]

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