Thursday, November 21, 2024

Economy

Tinubu claims Edo win shows Nigerians back APC’s painful economic policies

President Bola Tinubu, on Sunday, congratulated the All Progressives Congress (APC) candidate, Monday Okpebholo, for his victory in the Edo State governorship election. In a...

Nigeria denies bond default after delay scare – but what if it happens?

The Nigerian government caused a scare after surprisingly delaying coupon payments on two savings bonds for the second time in two months. As investors voiced...

Nigeria’s gold smuggling triples official production, study finds

Gold smuggled out of Nigeria is three times the country’s official recorded production, according to a recent study. The study by SwissAid, a Swiss development...

Dangote Refinery begins sale of petrol, but offers no price relief

The Dangote Refinery, a $20 billion project with a capacity to process 650,000 barrels of crude oil per day, has begun selling refined petrol...

NNPC raises petrol price, deepening hardship for Nigerians under Tinubu

The Nigerian National Petroleum Corporation (NNPC) Ltd. has raised the price of petrol from N617 to N855 per litre, a move that will intensify...

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