Nigeria’s inflation rate continued its upward trend in October 2024, rising to 33.88% from 32.7% in September. This marks the second consecutive month of inflationary pressure, driven primarily by escalating…
Crude Oil Production Reached Significant Milestone in November 2024, Says NNPC
The Nigerian Federal Government has announced a major initiative to clear long-standing pension arrears, with payments set to commence next week. This strategic move is aimed at addressing the pension…
According to the Central Bank of Nigeria’s (CBN) latest Business Expectations Survey, businesses across Nigeria anticipate further depreciation of the naira in the coming months, with a potential recovery projected…
In the first half of 2024, Nigeria’s domestic debt surged to an unprecedented ₦66.957 trillion, reflecting an ongoing dependence on borrowing to meet fiscal demands and a response to structural…
NNPC Signs 10-Year Gas Sale Agreement with Dangote Refinery to Boost Nigeria’s Energy Sector In a major step toward achieving energy self-sufficiency in Nigeria, the Nigerian National Petroleum Corporation (NNPC)…
Nigeria’s inflation rate has recently surged to 32.70% as of September 2024, marking the first significant increase in three months. This trend has been fueled by a mix of fuel…