Sunday, July 5, 2026

Nigerian Economy

October 3, 2023

Average 5kg cooking gas price N4,115.32 in August: NBS

The National Bureau of Statistics (NBS) says the average price of 5kg of cooking gas increased from N4,072.87 in July to N4,115.32 in August 2023.

Gas cylinders
August 24, 2023

Naira gains 0.22 per cent at investors, exporters window

The open indicative rate closed at N777.82 to the dollar on Thursday.

Naira and Dollars
August 24, 2023

NEITI to partner GIABA, private sector on beneficial ownership

NEITI reiterated the need to deploy, use and share beneficial ownership information and data.

Orji Ogbonnaya Orji and NEITI
August 23, 2023

NESG holds talks with CBN over Nigeria’s fiscal, economic stability

The meeting was centred around synergising towards ensuring Nigeria’s monetary and macroeconomic stability.

Nigerian Economic Summit Group (NESG) and Central Bank of Nigeria (CBN)
August 22, 2023

Treasury management registrar warns Tinubu against naira re-denomination, destabilising economy

Re-denomination may provide a temporary solution to the exchange rate fluctuation, said the CITM registrar.

Olumide Adedoyin, Naira, and President Bola Tinubu
August 18, 2023

Subsidy Removal: Tinubu approves establishment of presidential CNG initiative

He said that the PCNGI would ensure seamless integration of CNG utility within the current midstream and downstream energy value chain to support its sustainability.

President Bola Tinubu
July 31, 2023

Subsidy Removal: Gov. Sanwo-Olu slashes bus fares, rolls out palliatives

Mr Sanwo-Olu said plans had been concluded with various stakeholders to distribute food items to vulnerable people in the State.

Babajide Sanwo-Olu
July 31, 2023

Subsidy: Nigerians should look beyond temporary pain; over N1 trillion saved, says Tinubu

In a nationwide broadcast on Monday, Mr Tinubu said money saved from subsidy removal will be used for the benefit of citizens.

President Bola Ahmed Tinubu
July 31, 2023

We’ll spend N75 billion in eight months to strengthen manufacturing sector: Tinubu

According to him, the scheme would further drive financial inclusion by onboarding beneficiaries into the formal banking system.

President Bola Tinubu
July 31, 2023

Fuel Subsidy: Senate begs NLC to shelve impending strike

The senator said the strike threat by the NLC, if not averted, could plunge Nigeria into deeper economic woes, dislocate businesses, hunger and frustration.

NLC