Fuel Imports Surged by 207% in June 2026, according to the latest Monthly Operations Report released…
Tag: Nigeria Economy
Top Six Sectors Driving Nigeria’s $2 Billion Investment Inflows in 2026
Nigeria’s $2 billion investment inflows are being fueled by strong investor confidence in several high-growth industries,…
Tinubu Ends Raw Cocoa Exports, Unveils Local Processing Plan to Boost Nigeria’s Economy
Tinubu Ends Raw Cocoa Exports: President Bola Tinubu announced a major shift in Nigeria’s agricultural and…
Finance Minister Urges Stronger West Africa Tax Cooperation to Boost Revenue
West Africa tax cooperation is at the center of Nigeria’s latest fiscal reform agenda, as the…
Chams HoldCo Revenue Grows 18% to N17.65bn, Declares N270m Dividend
Chams HoldCo revenue increased by 18 percent to N17.65 billion in the 2025 financial year as…
NNPC Remits N19.5tn to Federation Account in 14 Months
NNPC remits N19.5tn to the Federation Account within 14 months, marking one of the company’s biggest…
World Bank: Nigeria’s Biggest Economic Challenge Is Low Revenue, Not High Debt
The World Bank says Nigeria’s major economic problem is low government revenue rather than high debt,…
Peter Obi Demands Tinubu’s Resignation, Says Nigeria Is Facing Deepening Crisis
Labour Party presidential candidate Peter Obi has called on President Bola Tinubu to resign, citing worsening…
Dangote Refinery Reshapes Africa’s Fuel Market as Countries Reduce Dependence on Imports
For decades, many African countries relied heavily on fuel imported from Europe, the Middle East, and…