Finance Minister Rejects N80 Trillion Borrowing Claims
The Federal Government has dismissed claims that the Tinubu administration borrowed about N80 trillion within its first three years in ...
Tag: naira depreciation
Nigeria’s ₦159 Trillion Debt: Currency Effects, Legacy Liabilities and the Real Fiscal Challenge
Nigeria's public debt rose from ₦97.34 trillion at the end of 2023 to about ₦159.4 trillion by the close of ...
PZ Cussons Nigeria Profit Jumps 388% on Asset Sale Despite Operational Pressures
PZ Cussons Nigeria Plc delivered a sharp increase in reported earnings for the financial year ended May 31, 2026, with ...
Nigeria’s Energy Costs Surge as LPG and Petrol Prices Climb
Nigerian households faced a fresh wave of inflationary pressure in May after cooking gas and petrol prices rose sharply, worsening ...
Cooking Gas Price Hits ₦1,500/Kg in Lagos Amid Supply Crisis
The price of cooking gas in Lagos has climbed to as high as ₦1,500 per kilogram, intensifying pressure on households ...
Naira Weakens to N1,375/$ as Dollar Steadies on Middle East Risks
The Nigerian naira extended its slide against the US dollar on Tuesday, touching N1,375 per dollar in the parallel market, ...
Stagnant Wages Leave Nigerian Workers Trailing African Peers
Nigerian workers are increasingly falling behind their counterparts across Africa as stagnant wages fail to keep pace with inflation, eroding ...
Emir Sanusi Questions FG’s Borrowing Despite Subsidy Removal
The 16th Emir of Kano, Muhammadu Sanusi II, has raised concerns over the federal government’s continued reliance on borrowing despite ...
Reopening Fuel Imports Is Regression, Not Reform – Dan D. Kunle
In a strongly worded opinion piece, Dan D. Kunle has argued that the World Bank’s recommendation for Nigeria to reopen ...
