Nigeria’s Petrol Imports Surge 59.5% in May Despite Refinery Growth
Nigeria’s petrol imports rebounded sharply in May 2026, rising 59.5% month-on-month despite increasing output from domestic refineries, underscoring the complexities ...
Tag: Foreign Exchange Reserves
Naira steady against pound as FX market holds narrow trading band
The Nigerian naira traded in a relatively narrow range against major currencies on Thursday, with the official market remaining broadly ...
Ghana Uncovers $31bn Import Leakage, Introduces AI-Powered Reforms
The Ghana Revenue Authority has uncovered a major financial leakage, revealing that approximately $31 billion left Ghana over five years ...
Rising Oil Prices Could Boost Nigeria’s FX Reserves and Support Naira
Nigeria could see a boost in its foreign exchange reserves and improved stability for the naira as rising global oil ...
Nigeria’s Foreign Exchange Reserves Climb to an Eight-Year High
Nigeria's external reserves have reached a significant milestone, climbing to $46.01 billion, their highest level in nearly eight years. This ...
Popular News
-
NRC Strengthens Partnership with Police to Protect Railway Infrastructure
-
Nigeria Tightens Oversight of POS Operators in Major Agent Banking Overhaul
-
Weak Naira Drives Nigerians to AI Training Jobs as Demand for Human Feedback Grows
-
Rising Housing Costs Deepen Affordability Crisis Across Nigeria’s Major Cities
-
Inflation Squeezes Business
