Nigeria economy

Nigeria’s crude oil production gained a significant boost in April 2026, hitting 99.2 percent of its production quota of 1.5 million barrels per day approved by the Organisation of the…
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The Central Bank of Nigeria has begun efforts to improve governance standards and regulatory oversight of Nigeria’s non-interest financial sector with concerns over compliance risks;…
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Prince Adewole Adebayo, the Social Democratic Party's (SDP) presidential candidate for the 2027 general election, unveiled a comprehensive socio-economic recovery agenda for Nigeria…
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Nigeria and other developing nations are facing an increasing financial crisis as revenue from the production of natural resources decreases and help from wealthier countries wanes.…
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President Bola Ahmed Tinubu has said Nigeria has become a very high destination for investment despite the many challenges confronting the nation. President Tinubu also said the…
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43Nigeria’s economy is showing early signs of a turnaround, with output now growing faster than population growth – a development that could herald the beginning of sustained poverty…
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As the crisis between the United States and Iran continues to disrupt global oil markets, the pump price of Premium Motor Spirit, popularly called petrol, is approaching N1,400 per…
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Wale Edun, who used to be Nigeria's Minister of Finance and Coordinating Minister of the Economy, is happy with his time in office. He says he is proud of the progress the Nigerian…
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Peter Obi, a former presidential candidate, has bemoaned Nigeria's internal bleeding amid rising incomes. In response to a World Bank research stating that Nigeria earned almost ₦84…
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The Presidential Fiscal Policy and Tax Reforms Committee has denied reports that Taiwo Oyedele, the Minister of State for Finance, admitted that Nigeria's new tax laws were wrong. They…
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