Shell, NNPC make fresh commitment to raise Nigeria’s crude oil reserves
State-owned oil company, the Nigerian National Petroleum Corporation (NNPC) and Anglo-Dutch oil giant, an age-old oil prospector in Nigeria, have ...
Friday, May 15, 2026
Tag: Nigeria
Nigeria’s, others’ mobile economy hits $150bn
The mobile ecosystem in Nigeria and other sub-Saharan African countries generated about $150 billion in economic value last year. This ...
Nigeria’s inflation dips to 11.22% in June
Tola Akinmutimi The National Bureau of Statistics (NBS) on Monday reported that Nigeria’s Consumer Price Index, (CPI), which measures inflation, ...
’98 million Nigerians multidimensionally poor’- UNDP
United Nations Development Programme (UNDP) says the number of Nigerians, who are multidimensionally poor has increased from 86 million to ...
External debt servicing gulps $357.26m in three months
The federal government spent a total of $357.26m in the first three months of the year to service external debt, ...
South Africa may follow Nigeria’s steps as economists predict 25bps rate cut
South Africa's apex bank may reduce interest rate by 25 basis points next week, says economists who responded to a ...
Nigeria’s debt stock rises to N24.937trn in Q1, 2019
Nigeria's public debt stock as at March 31, 2019 The Debt Management Office (DMO) on Wednedsay stated that Nigeria's ...
Contrast as South Africa raises rate, Nigeria retains rates
It is a world of contrasts for Africa's two largest economies: South Africa and Nigeria. While Nigeria's Central Bank of ...
U.S. crops rot as trade war spikes storage costs
U.S. farmers are contending with the problem of where to put the mountain of grains they cannot sell to Chinese ...
$5.72bn Mambilla Power loan talks with Chinese government making progress, says Nigeria power minister
The Nigerian government said talks are now at advance stage with the Chinese government to secure $5.72 billion to finance ...
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