The Federal Government’s plan to end the subsidy on Premium Motor Spirit (PMS), commonly known as petrol, in June 2023 is set to cost Nigerian consumers...
The Nigerian Federal Government has refunded a total of N859.7bn to various state governments for expenses incurred while constructing federal roads over the past eight years....
The Host Communities of Nigeria Producing Oil and Gas (HOSCON) is targeting a $5 billion fund in partnership with the private sector to drive investment and...
Nigeria has launched its Agenda 2050, a policy document aimed at placing the country among the top middle-income economies in the world by 2050. The launch...
In a bold move to combat rising inflation, the US Federal Reserve raised interest rates to their highest level in 16 years on Wednesday, making it...
The International Monetary Fund (IMF) has issued a warning that Nigeria could potentially lose an estimated $10 billion in foreign direct investment and official development assistance...
As Nigeria grapples with the decision to remove fuel subsidies, the road ahead seems rocky and uncertain. The government’s finances have been battered by the costly...
Nigeria has reportedly lost a staggering N2.3tn in oil revenue over the last year due to pipeline vandalism and theft. This equates to a loss of...
The National Bureau of Statistics (NBS) has released its Petrol and Diesel Price Watch Reports for March 2023, revealing a sharp increase in fuel prices compared...
The Minister of State for Budget and National Planning, Clem Agba, has revealed that the Federal Government of Nigeria began implementing some priority actions in 2022...
