Tag: Nigeria Economy
Dangote Refinery Becomes Europe’s Top Jet Fuel Supplier
Nigeria's Dangote Petroleum Refinery is strengthening the country's position in the international energy market after becoming Europe's largest external supplier of jet fuel for...
MTN Nigeria Clears Dollar Debt Amid Economic Recovery
MTN Nigeria says it has fully cleared its foreign currency debt, marking a significant financial milestone for the country's largest telecommunications operator after years...
FG MDAs Set Aside Nearly N400bn for Community Projects in 2026...
About 78 Ministries, Departments and Agencies (MDAs) of Nigeria's Federal Government have earmarked nearly N400 billion in the proposed 2026 national budget for the...
Cash Outside Nigerian Banks Falls to Seven-Month Low, CBN Data Shows
The amount of cash held outside Nigeria's banking system has fallen to a seven-month low, according to the latest data from the Central Bank...
Nigeria’s Economy Faces Fresh Threat from Iran-US Crisis
Rising tensions involving Iran and the United States are beginning to create fresh concerns for Nigeria's economy, with economists and industry experts warning that...
CBN Keeps Interest Rate at 26.5%. What It Means for Nigerians
For many Nigerians, the Central Bank of Nigeria's latest interest rate decision will be felt far beyond bank boardrooms. It could determine whether a...
How Rising Inflation Is Affecting Families Around the World
For millions of families around the world, the cost of living has become more than just an economic headline. It is a daily reality...
BREAKING: CBN Retains MPR Interest Rate at 26.5%
The Central Bank of Nigeria has retained its benchmark Monetary Policy Rate at 26.5 percent, maintaining its tight monetary policy stance as it...
Fraudsters Steal N134bn From Nigerian Banks, Customers – CBN
Nigeria’s banking sector and its customers lost more than ₦134 billion to fraud between 2020 and 2025, according to figures released by the Central...
Adebayo says Tinubu’s economic gains exist only on paper
LAGOS, Nigeria — Prince Adewole Adebayo, the presidential candidate of the Social Democratic Party (SDP) in next year’s general election, has dismissed claims of...
