Tag: Nigerias

As Nigeria's Petrol Debt Hits $6 Billion, Some Traders Are

As Nigeria’s petrol debt hits $6 billion, some traders are backing out, sources say

Analysts, NGOs and even government officials have criticized the subsidies for years…

0 Min Read

Nigeria's Debt To Gdp Ratio Exceeds 50% For The First Time

Nigeria’s debt-to-GDP ratio exceeds 50% for the first time

Nigeria's Debt Management Office released the country's latest public debt statistics last…

4 Min Read

Nigeria's Public Debt Rose By 24.33 Trillion Naira In Three

Nigeria’s public debt rose by 24.33 trillion naira in three months

Nigeria's Debt Management Office (DMO) announced that the country's total public debt…

4 Min Read

Nigeria's Inflation Rate Rose For The 17th Consecutive Month In

Nigeria’s inflation rate rose for the 17th consecutive month in May

On an annual basis, the headline inflation rate in May 2024 rose…

2 Min Read

With Inflation At A 28 Year High, Nigeria's President Replaces The

With inflation at a 28-year high, Nigeria’s president replaces the national anthem

Abuja: Nigerian President Bola Tinubu on Wednesday signed a bill that would…

1 Min Read

Nigeria's Headline Inflation Rate Rises To 33.95% In May

Nigeria’s headline inflation rate rises to 33.95% in May

Once again, Nigeria's inflation rate rose to 33.95 percent in May 2024…

3 Min Read

You Cannot Run Nigeria's Economy On Painkillers, Sowunmi Criticizes Fg

You cannot run Nigeria’s economy on painkillers, Sowunmi criticizes FG • TV channels

Peoples Democratic Party (PDP) leader Segun Sowunmi has criticized the federal government…

3 Min Read

Fitch: Nigeria's Credit Rating Is Stable, And It Expects Inflation

Fitch: Nigeria’s credit rating is stable, and it expects inflation to fall to less than 21%

* Oil production is expected to reach 1.8 million barrels per day…

14 Min Read