Nigeria’s power sector loses between N1.2bn-N1.5bn monthly to water, gas, transmission line constraints
Nigerian Electricity Supply Industry (NESI) has revealed that the country’s power sector loses between N1.2 billion to N1.5 billion monthly ...
Thursday, June 25, 2026
Tag: Nigeria’s economy
Nigeria’s foreign exchange reserves up 9% in past month -CBN
Nigeria’s foreign exchange reserves stood at $46.2 billion as of March 28, up 8.8 percent from a month earlier, central ...
Nigeria’s DMO says to redeem N482bn worth of treasury bills in Q2’18
Nigeria's is planning to repay N482 billion to its treasury bills holders in the second quarter and hopes to halve ...
Nigeria targets increased productivity with ERGP focus labs, says budget minister
Udoma Udo Udoma Udoma Udo Udoma, Nigeria’s minister of budget and national planning, on Thursday, said the Economic Recovery and ...
Fish production shortfall costs Nigeria N125bn in imports
The shortfall in the production of aquaculture and artisanal fish has left Nigeria with a huge expenditure on the products’ ...
IMF urges growth-friendly fiscal adjustments for Nigeria to fully exit recession
The executive board of the International Monetary Fund (IMF) Wednesday emphasised the need for Nigeria to embark on a growth-friendly ...
Nigerians spend $1.3bn annually on importation of dairy products- minister
Aisha Abubakar, Nigeria's minister of state for industry, trade and investment, has disclosed that Nigerians spend about $1.3 billion annually ...
Nigeria’s foreign trade recovers with N4trn surplus in 2017,says NBS
Nigeria’s foreign trade recovered in 2017 with a N4 trillion trade surplus, up from a deficit of N290.1 billion in ...
ITF DG says workers’ poor attitude to duty impeding productivity
Joseph Ari, director-general, Industrial Training Fund (ITF) Joseph Ari, director-general, Industrial Training Fund (ITF), has decried workers’ poor attitude to ...
Analysts say CBN’s February PMI shows manufacturers’ optimism in economy
Analysts at Lagos-based Cordros Capital have said the latest Purchasing Managers Index (PMI) data released by the Statistics Department of ...
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