Tag: Nigeria
Fuel Scarcity Hits Nigeria, NNPC Blames Vessel Discharge Operations
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has attributed the current fuel scarcity and long queues at petrol stations in several states to a[more...]
CBN Increases Interest Rate to Tame Inflation: Expert Highlights Impact and Economic Implications
The recent decision by the Central Bank of Nigeria (CBN) to increase the benchmark lending rate has sparked discussions and raised concerns about its impact[more...]
Oby Ezekwesili Calls for Independent Audit of NNPC’s Investment in Dangote Refinery
Former Minister of Education, Oby Ezekwesili, stirred up controversy by calling for an independent audit of the Nigerian National Petroleum Company Limited's (NNPC) decision to[more...]
Central Bank of Nigeria Governor Warns of Prolonged Monetary Tightening Amid Rising Inflation
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has issued a cautionary note regarding the impact of persistent inflation on the nation's[more...]
Nigeria Battles High Inflation as CBN Governor Links It to Failed Intervention Funds
The failed N10 trillion intervention funds and N27 trillion ways and means (W&M) are being cited as contributing factors to the high inflation that Nigeria[more...]
Federal Government Launches Ecnomic and Financial Inclusion Initiative to Transform Nigeria’s Economy by 2030
The federal government of Nigeria recently unveiled a new initiative to establish an operating model and framework for Economic and Financial Inclusion, aimed at transforming[more...]
Nigeria’s Battle Against HIV/AIDS: Challenges and Proposed Solutions
The new data from the National Agency for the Control of AIDS (NACA) presents a grim picture of Nigeria’s fight against HIV/AIDS. In 2023 alone,[more...]
NNPC Unveils Plans to Establish 100 CNG and Three LNG Stations Nationwide
The Nigerian National Petroleum Company (NNPC) Limited has announced its ambitious plan to roll out 100 Compressed Natural Gas (CNG) stations and three Liquefied Natural[more...]
Nigeria’s Debt-to-GDP Ratio Hits All-time High
Nigeria's debt-to-GDP ratio has surpassed 50% for the first time in history, signaling a concerning milestone for Africa's largest economy. The Debt Management Office (DMO)[more...]
Rising Cost of Living in Nigeria Sparks Sharp Increase in Personal Loans
The rising cost of living in Nigeria has prompted a sharp increase in personal loans as individuals seek to maintain their standard of living and[more...]
