Nigeria’s fuel subsidy cost to rise as smuggling resumes
Nigeria will likely pay higher fuel subsidy costs in the coming months as traders have resumed smuggling fuel to Cameroon, where retail prices are...
Nigeria’s FDI doubles in 2023 – a rare positive for Tinubu government
Foreign direct investment (FDI) flows to Nigeria more than doubled in 2023, reversing a sharp decline from the previous year and defying both global...
Nigeria’s pension payout to unemployed at 7-year high as economy falters
Pension payments to temporarily unemployed Nigerians surged over the past year, reaching a seven-year high in the first quarter of this year as the...
These Presidency’s claims to NYTimes over Nigeria hunger don’t add up
The Presidency scrambled a response Monday after the New York Times published a damning coverage of Nigeria's worst cost-of-living crisis in decades, dismissing the...
Nigeria gets fresh $2.25 billion World Bank funding
The World Bank has approved a $2.25 billion financial support package for Nigeria, providing a boost to the country's economic reforms.
The funds will support...