The Federal Government has convened an emergency stakeholders’ meeting to address the recent increase in Liquefied Petroleum Gas, LPG, prices […]
Continue readingCategory Archives: ECONOMY
BREAKING: Foreign Reserves Rise To $51.04 Billion, Highest Level In 17 Years
Nigeria’s external reserves climbed to $51.04 billion on June 18, 2026, marking their highest level in about 17 years as […]
Continue reading
Nigeria’s Foreign Reserves Increase By Over $1 Billion In Two WeeksÂ
Nigeria’s foreign reserves grew by more than $1 billion in the first half of June 2026, continuing the positive trend […]
Continue reading
Cooking Gas Prices May Crash To N900/kg By End Of 2026 – NALPGAM
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) says retail cooking gas prices may fall to between N900 and […]
Continue reading
IMF Estimates Naira’s Fair Value At N1,142/$, Says Currency 25.6% Undervalued
The International Monetary Fund (IMF) says the naira remains undervalued by 25.6 percent despite recovering some ground against the US […]
Continue reading
FG, States, LGs Share N2.257 Trillion April 2026 Revenue
The Federation Account Allocation Committee, FAAC, shared N2.257 trillion among the Federal Government, states and local councils for April 2026. […]
Continue reading
Oil Prices Fall After US-Iran Peace AgreementÂ
Oil prices declined on Sunday after United States President Donald Trump announced that Washington and Tehran had reached a peace […]
Continue reading
Amid Insecurity, Inflation, IMF Asks Tinubu Govt To Impose Fuel, Telecom Taxes
The International Monetary Fund has recommended introducing taxes on fuel products and telecommunications services in Nigeria as part of broader […]
Continue reading
Poverty Persists Despite Nigeria’s Reforms Gains; But Don’t Reintroduce Subsidy – IMF Tells Tinubu
The International Monetary Fund (IMF) has urged the federal government to maintain a neutral fiscal stance in 2026, warning that […]
Continue reading
FLASH: Nigeria’s Trade Surplus Jumps 341% To N7.55 Trillion In 2026 Q1 – NBS
Nigeria recorded a sharp improvement in its merchandise trade balance in the first quarter of 2026 as exports rose […]
Continue reading