Nigeria’s external reserves hit 17-year high of $50.12bn
Nigeria's external reserves reached $50.12 billion, their highest level in 17 years.
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Nigeria's external reserves reached $50.12 billion, their highest level in 17 years.
Cooking gas prices hover at N2,500/kg, pushing Nigerians back to firewood and charcoal.
Nigeria sits on vast gas reserves but imports cooking gas for its citizens. This is not economics. It is policy failure.
Tinubu's adviser says Nigeria's huge population and infrastructure gaps slow economic reform benefits to citizens.
Cooking gas prices have doubled in months, forcing Nigerian households to seek cheaper alternatives.
The CBN drained N7.3 trillion in May while injecting only N5.73 trillion. This is not monetary policy. It is a sign that the central bank has abandoned stabilisation and become a substitute for economic governance that the government will not provide.
Dangote Refinery cuts petrol and diesel ex-depot prices to ease costs for consumers and businesses.
Dangote Refinery becomes world's top jet fuel exporter, plans $10bn expansion to 1.4m barrels daily.
Nigeria borrowed N12 trillion but gave capital projects only N3.1 trillion. This is not a bookkeeping error. It is a decision to stop building.
Rising jollof rice prices reveal the true impact of Nigeria's inflation crisis on ordinary citizens.
CBN holds interest rate at 26.5% as foreign reserves approach $50 billion mark.
Tinubu seeks re-election with promise of more work, as S&P upgrades Nigeria's credit rating.
A bag of rice costs N67,500 in the Northeast but N56,000 in the South-South. This 20 percent gap is not natural market variation. It is evidence of a fractured food system and failed policy.
Nigeria's private sector expanded for the third month running in April as manufacturing and agriculture grew.
A report finds Nigeria lacks the infrastructure and security needed for industrial expansion.
Expert says Nigeria must merge fintech with informal finance systems to drive sustainable economic growth.
Nigeria's government is considering a debt waiver for domestic airlines struggling with soaring Jet A1 fuel prices and rising operational costs.
Retired police officers are bleeding under a system that promised security but delivered poverty.
Nigeria will not seek IMF loans despite mounting debt pressures, Finance Minister Wale Edun says.
Nigeria's $893 million annual cybercrime losses demand enforcement, not policy theater.