The International Monetary Fund (IMF) has noted that rising inflation can cause social and political instability in Nigeria and other countries in Sub-Saharan Africa.
Nigeria's plan to remove fuel subsidies will reduce fuel consumption, says the chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL), Mele Kyari.
The Nigerian National Petroleum Corporation (NNPC) Limited has stated that Nigeria needs an estimated N6 trillion for fuel subsidies yearly.
Kogi State receives its first 13 percent derivation fund as the state becomes the first Northern State to join the oil-producing states.
USAID has pledged $1 million in immediate humanitarian assistance to support the flood-ravaged communities in Nigeria
The long-awaited Second Niger Bridge has reached 100 percent completion
The global persistent increase in prices of goods and services following the Russia-Ukraine war has pushed the U.K. headline inflation back to double-digit in the month...
Food inflation in Africa’s largest economy Nigeria hits a record 23.34% in September 2022, according to the latest report from the National Bureau of Statistics (NBS).
The Federal Government has yet again discovered another illegal oil pipeline in Delta State.
Inflation in Africa's largest economy Nigeria jumped to a record high in the month of September as prices continue to escalate across the board.
