Business
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Inflation Pressures Resurface as Energy, Food and Transport Costs Rise – CPPE
Group warns against further rate hikes, urges focus on agriculture and public transport to curb rising prices….. The Centre for…
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Petrol Supply Climbs to 40.1m Litres Daily as Imports Rebound and Demand Slows
Dangote refinery output remains strong, but declining domestic contribution and rising imports reshape Nigeria’s fuel supply dynamics….. Nigeria’s petrol supply…
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Nigeria’s Inflation Ticks Up to 15.38% in March Despite Yearly Decline
Monthly surge raises fresh concerns as rural prices spike and cost pressures quietly build again….. Nigeria’s inflation rate edged higher…
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Kenya Raises Fuel Prices by 16% as Global Oil Shock Deepens Pressure on Import-Dependent Economies
Middle East supply disruptions and rising landing costs push petrol, diesel higher despite tax relief measures…… Kenya has increased fuel…
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Central Bank of Nigeria Moves to Make Mediation Mandatory in Loan Disputes
New proposal could bar borrowers and lenders from heading straight to court, with 90-day resolution timeline introduced….. The Central Bank…
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Nigeria Records $9.55m Power Debt as Benin, Togo, Niger Fall Short on Payments
Regional electricity exports expose payment gaps as neighbouring countries settle just over half of invoices….. Three West African nations Benin,…
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Nigeria’s Debt Climbs to ₦159.28 Trillion as Borrowing Continues to Rise
Latest DMO figures show steady increase driven by domestic borrowing, with external debt also edging higher….. Nigeria’s total public debt…
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Nigeria’s Power Subsidy Hits ₦418.79bn Despite Strong DisCo Remittances
Improved collections mask deep structural gaps as government continues to shoulder over half of electricity market costs…. Nigeria’s electricity sector…
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Bola Tinubu Blames Colonial Tax System for Nigeria’s Economic Struggles, Promises Fairer Reforms
President says new people-focused tax regime will boost investment, transparency, and long-term prosperity…. President Bola Tinubu has sharply criticised Nigeria’s…
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Japan Turns to Nigerian Crude as Middle East Supply Disruptions Reshape Global Oil Flows
Refinery constraints slow the shift, but rising demand for alternative crude grades offers Nigeria and other exporters a short-term boost…..…
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