National Economic Council Suspends Fuel Subsidy Removal
The National Economic Council, NEC, has suspended the planned removal of subsidy on petroleum products by the end of President Muhammadu Buhari’s administration. The Minister...
Price Increase: After Return Of Fuel Queues In Abuja, Lagos, Nigerians Angry, Apprehensive — IPMAN
Following long fuel queues that have resurfaced in the Federal Capital Territory (FCT) and other states across the country, the Independent Petroleum Marketers Association...
Dollar To Naira Exchange Rate Today, February 18, 2026
The Nigerian foreign exchange market continues to witness shifts as both the official and parallel markets react to mid-week liquidity demands. As of Wednesday,...
Dollar To Naira Exchange Rate Today, April 9, 2026
The Nigerian Naira maintained a relatively stable but cautious position against the United States Dollar during early morning trade on Thursday, April 9, 2026....
Refineries Can’t Start Working Now — Kyari
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said the country’s moribund refineries cannot be quickly restored. Speaking in Abuja on Tuesday when he appeared before the House of Representatives ...
Nigeria’s Economy Expands For 14th Straight Month As PMI Rises To 55.7 — CBN
Nigeria’s economic growth momentum continued into the new year, as the nation’s Purchasing Managers Index (PMI) rose to 55.7 points in January 2026, marking...
Dollar To Naira Exchange Rate Today, April 16, 2026
The Nigerian Naira demonstrated a firming trend against the United States Dollar in the early hours of Thursday, April 16, 2026, as increased market...
FG To Deduct N3.6tn From Federation Account Over Electricity Subsidy
The Federal Government has proposed a N3.6tn deduction from the Federation Account to fund electricity subsidies in 2026, 2027, and 2028, a move designed...
FG Stops Purchase Of Vehicles
Federal Government has stopped what it called non-critical and administrative capital spending, including the purchase of vehicles. The Special Adviser to the President on Media...
Nigeria’s Economy Heading Towards Recession – Finance Minister
Zainab Ahmed, the minister of finance, budget and national planning, says the economy is heading towards a recession. However, Ahmed projected that the extent of the...
