Tag: Nigeria Economy

Nigeria faces a growing risk of capital flight and diminished foreign direct investment (FDI) unless it urgently overhauls its notoriously ...

Growing tensions between Iran, Israel, and the United States are shaking global oil markets, and the effects are being felt ...

Global oil prices surged on Monday following renewed violence in the Strait of Hormuz, after President Donald Trump offered US ...

Nigeria remains one of the Organisation of Petroleum Exporting Countries’ most resource-rich members, but new data from the group’s 2026 ...

Cash held outside the banking system in Nigeria dropped slightly to N5.19 trillion in February 2026, according to new data ...

The Nigerian National Petroleum Company (NNPC) Limited recorded a profit after tax of N276 billion in March 2026, largely driven ...

Nigeria is taking bold steps to transform its maritime sector and strengthen its position as a leading trade hub in ...

The Nigerian naira recorded a modest but important gain against the United States dollar in April 2026, signaling a period ...

Residents and motorists in Abuja are facing growing hardship following a fresh increase in petrol prices across the city. The ...

Across Nigeria, rising inflation and the high cost of living are forcing families to make difficult choices about what they ...