Despite govt denial, IMF sees record fuel subsidy cost for Tinubu in 2024
Nigeria could pay as much as 3% of the size of its economy as fuel subsidy this year, the International Monetary Fund has said,...
New tax ignites fury among already suffering Nigerians
Nigerians reacted with fury Tuesday a day after the government imposed a new levy on digital transactions at a time of extreme hardship caused...
Weekly Nigerian market performance (May 3, 2024)
This week offered a dynamic picture for Nigerian investors, with contrasting performances across equities, fixed-income, and currency markets. Here's a closer look at the...
Dangote says devaluation of naira “biggest mess” of 2023
Nigerian billionaire Aliko Dangote has blamed the Nigerian government's devaluation of the naira for his company's woes in 2023, calling it the “biggest mess”...
Nigerian govt confirms easing diesel rule for Dangote refinery
The Nigerian government has admitted the Dangote refinery is allowed to produce diesel with a higher sulphur content than importers are allowed to, but...