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 Devaluation
Nigeria’s Investment Funds Hit N10 Trillion, But Inflation Raises Questions About Real Growth
Nigeria’s collective investment schemes (CIS) have recorded significant growth, with total assets under management (AUM) rising from N3.2 trillion to ...
Petrol Price Soars by Over 640% in Three Years as Nigerians Face Rising Cost of Living
Nigeria’s petrol price has witnessed a dramatic increase over the past three years, climbing from about N175 per litre in ...
Nigeria Cancels $717.7 Million World Bank Power Sector Fund
Nigeria has cancelled $717.7 million in undisbursed funding under a World Bank-supported electricity reform programme, dealing another blow to efforts ...
Nigeria’s World Bank Debt Surges $2.08bn in 2025
Nigeria’s outstanding debt to the World Bank surged by $2.08 billion over the course of 2025, reaching a new high, ...
Nigeria Faces Egg Crisis as Chick Prices Surge
Nigeria is currently facing an imminent and severe egg shortage as the price of day-old chicks has skyrocketed by 67% ...
Nigeria’s Money Supply Hits Historical High
Nigeria’s financial landscape is currently defined by a striking paradox: while the Central Bank of Nigeria (CBN) has engaged in ...
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