Tag: Economy

Dangote Refinery Cuts Petrol Price Again, Now N835/Litre

The Dangote Petroleum Refinery has announced a further reduction in the gantry…

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Nigeria’s Debt Service Projected to Surge to $5.2 Billion in 2025, Fitch Warns

Nigeria's external debt service is projected to climb to a substantial $5.2…

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Ghana Mandates Foreign Gold Traders Exit, Centralizes Market Control

In a decisive move to consolidate its gold market and enhance national…

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Nigeria to Establish National Strategic Petroleum Reserve Amid Fuel Security Push

In a move aimed at fortifying its energy security and shielding its…

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Nigeria’s Headline Inflation Surges, Hits 24% in March

Nigeria's headline inflation rate climbed to 24.23% in March 2025, marking a…

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Nigeria Faces Imminent Blackout as GenCos Demand N4 Trillion Debt Settlement

Nigeria's power sector is teetering on the brink of collapse as power…

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CBN’s New Capital Rules: Fresh Banks Must Comply Immediately, Existing Banks Given Two Years

The Central Bank of Nigeria (CBN) has issued a clear directive regarding…

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Nigeria’s Power Grid Faces Imminent Shutdown as GenCos Demand N4 Trillion Debt Settlement

The Association of Power Generation Companies (APGC) has issued a stark warning:…

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