Dangote’s new refinery starts, promising to end Nigeria’s need for petrol imports and setting a milestone for self-sufficiency in Africa’s energy sector.
Nigeria economy
-
-
The former Governor of the Central Bank of Nigeria, Godwin Emefiele, has been granted release following the fulfillment of stipulated bail conditions. Emefiele’s release comes amidst ongoing legal proceedings. Emefiele, …
-
The Central Bank of Nigeria (CBN) reported a positive development in the country’s economic landscape. A statement released by the bank’s acting Director of Corporate Communications, Mrs. Sidi Ali, revealed …
-
The price of goods has undergone a staggering transformation since 1975, painting a vivid picture of the relentless march of inflation. Back then, one could acquire a car for a …
-
President Bola Tinubu challenges views of Nigeria’s economic woes, spotlighting $30 billion in investments and social initiatives aimed at transforming the nation’s future.
-
Chief Timipre Sylva reinforces allegiance to President Tinubu’s economic vision, dismissing unfounded criticisms as political ploys aiming to disrupt.
-
In a striking reflection of the economic challenges faced by Nigerians, staple foods such as rice and pasta have seen sales plummet to a five-year low, as rampant inflation renders …
-
Nigeria, Africa’s largest economy, is facing a severe shortage of foreign exchange due to its low export earnings, according to the country’s finance minister. Wale Edun said that the economy …
-
The World Bank has recently adjusted its growth projection for Nigeria, the largest economy in Africa, to a slower pace of 2.9% in 2023, down from the earlier forecast of …
-
Former Anambra State governor and 2023 Labour Party presidential candidate Peter Obi criticized President Bola Tinubu’s administration for floating the naira without considering the supply-side implications. He voiced his concerns …
