Households across parts of Nigeria are beginning to see lower prices for liquefied petroleum gas, commonly known as cooking gas, following improved supply and declining depot prices. Market data obtained by Nigerian Mirror showed that retail LPG…
Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit, commonly known as petrol, by 75 naira per litre following a decline in global oil prices linked to easing tensions in the Middle East. In a notice issued to fuel…
Global oil prices fell sharply on Tuesday as growing optimism over a potential diplomatic breakthrough between Iran and the United States eased concerns about disruptions to crude supplies from the Middle East. Brent crude dropped more than 3%…
Nigeria’s debt repayments exceeded budgeted provisions by N1.9 trillion in the first nine months of 2025, underscoring mounting fiscal pressures as rising debt costs continue to consume a large share of government revenue. According to the…
Food inflation remained above 20% in 11 Nigerian states in April 2026, as rising food prices surpassed headline inflation for the first time in eight months, according to the latest Consumer Price Index report released by the National Bureau of…
President Bola Ahmed Tinubu returned to Lagos on Friday evening after a series of international engagements in France, Kenya and Rwanda focused on economic reforms, investment opportunities and Africa’s development agenda. Tinubu arrived at the…
The Central Bank of Nigeria has urged state governments to reduce their dependence on overdrafts and short-term borrowing, warning that poor fiscal discipline at the sub-national level could threaten the country’s planned transition to an…
Nearly N30 billion in pension contributions remains uncredited to workers’ Retirement Savings Accounts in Nigeria, as remittance failures and data inconsistencies continue to strain the country’s pension system, the National Pension Commission…
Former Vice‑President and presidential aspirant, Atiku Abubakar, has accused the Federal Government of reckless borrowing that, he says, has brought Nigeria to the verge of economic collapse. At a media briefing in Abuja on Thursday, Atiku…
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