Browsing Tag
Nigeria Economy
56 posts
NNPCL Reports N535 Billion Profit and N4.4 Trillion Revenue for June 2026
NNPCL recorded a profit after tax of N535 billion in June 2026 on revenues of N4.389 trillion, alongside updates on gas production and key infrastructure projects.
ATM Transaction Values Surge by 208 Percent to N89 Trillion
ATM transactions saw a massive 208 percent jump to N89 trillion in 2025, driven by improved infrastructure and digital adoption, according to the Central Bank of Nigeria.
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.