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Home » ECONOMY » Page 2

Category Archives: ECONOMY

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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FLASH: Nigeria’s Trade Surplus Jumps 341% To N7.55 Trillion In 2026 Q1 – NBS

Posted on June 8, 2026June 8, 2026 by GISTSMATE MEDIA

  Nigeria recorded a sharp improvement in its merchandise trade balance in the first quarter of 2026 as exports rose […]

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JUST-IN: Dangote Refinery Reduces Petrol, Diesel Prices 

Posted on May 30, 2026May 30, 2026 by GISTSMATE MEDIA

Dangote Petroleum Refinery and Petrochemicals has announced fresh reductions in the prices of Premium Motor Spirit (PMS), also known as […]

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Nigeria GDP Grows By 3.89% In Q1 2026 — NBS

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

The National Bureau of Statistics (NBS) has revealed that Nigeria Gross Domestic Product (GDP) grew by 3.89% (year on year) […]

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Fresh Loans Loom As Nigeria Remains Top World Bank Borrower

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

Nigeria remained the third largest borrower from the World Bank’s International Development Association (IDA) in the first quarter of 2026, […]

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NNPC Opposes Dangote Refinery Suit, Warns Against ‘Monopoly Control’ Of Fuel Market

Posted on May 22, 2026May 22, 2026 by GISTSMATE MEDIA

The Nigerian National Petroleum Company (NNPC) Limited has opposed the lawsuit filed by Dangote Petroleum Refinery challenging fuel import licences […]

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