In a bid to stabilize domestic prices and meet rising demand for cooking gas within Nigeria, the Federal Government has announced a temporary halt on the...
In the fourth quarter of 2023, Nigeria’s manufacturing sector grew by 7.70% year-on-year, according to the National Bureau of Statistics (NBS). The surge in growth reflects...
Nigeria’s Gross Domestic Product (GDP) grew by 3.46% in the fourth quarter (Q4) of 2023 on the back of robust performance of the services sector, according...
The Nigerian Senate has firmly opposed the Ministry of Power’s proposed electricity tariff hikes, emphasizing the need to alleviate the burden on citizens amidst prevailing economic...
After a two-day suspension of operations by the Nigerian Association of Road Transport Owners (NARTO), oil transporters have resumed operations following government intervention. The suspension had...
Following a high-level meeting between government officials and major cement manufacturers, consumers across Nigeria can anticipate a significant drop in cement prices with bags expected to...
Nigeria’s unemployment rate surged to 5.0% in the third quarter (Q3) of 2023, representing an increase of 0.8% from the previous quarter, according to recent statistical...
Oil marketers and members of the Nigerian Association of Road Transport Owners (NARTO) are engaged in intense negotiations to prevent a potential nationwide shutdown of fuel...
The European Union (EU) has announced a significant investment of 37 million Euros into Nigeria’s power sector to enhance infrastructure and address critical energy needs. EU’s...
Nigeria’s petrol subsidy has surged to N907.5 billion monthly, surpassing the levels seen before President Bola Tinubu’s decision to halt the costly practice last May. Analysis...
