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Home » ECONOMY » Page 21

Category Archives: ECONOMY

BREAKING: Nigeria’s Inflation Rate Drops To 22.97% In May 2025

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

Nigeria’s inflation rate dropped to 22.97 per cent in May 2025, the National Bureau of Statistics has said. The figure […]

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BREAKING: Dangote Refinery To Kick-starts Distribution Of Petrol, Diesel Nationwide August 15

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

The Dangote Petroleum Refinery has announced plans to begin nationwide distribution of Premium Motor Spirit and diesel from August 15, […]

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Nigeria Records N5.172 Trillion Surplus Trade In First Quarter Of 2025

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

In the first quarter of 2025 (Q1 2025), Nigeria recorded N5.172 trillion surplus trade, according to the National Bureau of […]

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FG To Forfeit $10m World Bank Loan Over Failure To Meet Audit Standards

Posted on June 10, 2025June 10, 2025 by GISTSMATE MEDIA

The federal government is expected to forfeit $10 million from a World Bank credit due to audit shortcomings, delays in […]

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Six Petrol Depots Slash Prices As Competition Heightens In Downstream Sector 

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

The price of Premium Motor Spirit (PMS), otherwise known as petrol, continues its free fall in Nigeria after six depots […]

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Babcock Varsity Expels Student For Buying N100,000 Soap From Herbalist

Posted on June 4, 2025June 4, 2025 by GISTSMATE MEDIA

Babcock University, Ilishan-Remo, Ogun State, has dismissed a student, Oladipupo Siwajuola, over what it described as “gross violation of university […]

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FLASH: NNPC Announces Port Harcourt Refinery Shutdown

Posted on May 24, 2025May 24, 2025 by GISTSMATE MEDIA

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a scheduled maintenance shutdown of the Port Harcourt Refining Company […]

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FLASH: Again, Dangote Refinery Reduces Petrol Prices Nationwide 

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

Dangote Petroleum Refinery has again announced a fresh reduction in the pump prices of Premium Motor Spirit (PMS), also known […]

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China To Build Electric Vehicles Factories In Nigeria, Boost Mining Ties

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

The Chinese Ambassador to Nigeria, Yu Dunhai, has reaffirmed China’s commitment to deepening bilateral cooperation with Nigeria, particularly in the […]

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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 […]

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