Browsing Tag
Nigeria Economy
34 posts
Atiku Abubakar Claims President Tinubu Has Surrendered Fiscal Control Amid Massive Borrowing
Atiku Abubakar alleges that President Tinubu has lost hold on Nigeria's economy after the government exceeded its legal borrowing limits by nearly N5 trillion.
Nigerian Naira exchange rates against the US Dollar: July 29, 2026
The Nigerian Naira maintained steady trading levels against the US Dollar on July 29, 2026, supported by Central Bank of Nigeria liquidity initiatives.
Ohanaeze Urges Tinubu to Fast-Track Vital Eastern Road, Rail, and Port Projects
Ohanaeze Ndigbo has requested that President Tinubu expedite the completion of major infrastructure projects in the East, including the Port Harcourt-Enugu Expressway, the corresponding railway, and the rehabilitation of regional seaports.
Finance Experts Praise Taiwo Oyedele for Revitalizing Ministry Leadership
Industry leaders and stakeholders are commending Finance Minister Taiwo Oyedele for his role in ending policy uncertainty and restoring trust in the Federal Ministry of Finance.
Atiku Abubakar Questions Tinubu’s Borrowing Habits Amid Massive Oil Profits
Atiku Abubakar criticizes President Tinubu for increasing domestic debt despite an estimated 7.98 trillion naira oil windfall, while also claiming the government is belatedly adopting his two-decade-old power sector reform plan.
Tinubu Declares Nigeria in a Golden Era as Economic Reforms Take Root
President Bola Tinubu asserts that consistent economic reforms have stabilized Nigeria, marking the start of a golden era while calling for continued unity among regional leaders.
Dangote Refinery Recommences Naira-Based Petrol Sales at N1,215 Per Litre
Dangote Refinery has resumed petrol loading in naira at a new price of N1,215 per litre following a week-long suspension, even as depot and retail prices continue to rise nationwide.
Dangote Refinery Restarts Naira Petrol Sales at N1,215 per Litre
Dangote Refinery has resumed petrol loading in naira at a revised rate of N1,215 per litre, following a rise in global crude oil prices that has triggered widespread increases in retail fuel costs across Nigeria.
Central Bank of Nigeria keeps interest rate at 26.5% amid geopolitical concerns
The CBN has held its benchmark interest rate at 26.5% citing global risks linked to Middle East tensions, while reporting that external reserves have grown to $52.5 billion.
Investors Over-Subscribe Nigerian Government Bonds by 45 Percent
Nigeria's July bond auction saw a 45 percent oversubscription, totaling N1.74 trillion in bids against a N1.2 trillion offer, signaling robust investor demand despite lower overall allotments.