Tag: Nigeria economy

Nigeria Proceeds with $1.5bn UAE Loan Facility Despite IMF Warning

The Federal Government of Nigeria has accessed the initial $1.5 billion tranche…

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Nigeria Needs More Taxpayers, Not Higher Taxes, Says Oyedele

Nigeria needs more taxpayers, not higher taxes, according to Chairman of the…

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Lafarge Africa Rebrands as HBM Nigeria Following Huaxin Acquisition

A new chapter has opened in Nigeria’s building materials industry as Lafarge…

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Umahi Orders Cement Price Reduction, Warns High Costs Threaten Infrastructure Delivery

The Minister of Works, David Umahi, has called on cement manufacturers to…

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Cooking Gas Imports Rise as Government Battles Price Surge

Cooking gas imports are increasing as the Federal Government moves to address…

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MDAs Spend ₦11.8bn on Fuel in Four Months

MDAs spend ₦11.8bn on fuel in four months as rising petrol costs…

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Nigeria Industrial Policy Secures $380m Investment Commitments

Nigeria’s industrial policy drive has attracted $380 million in investment commitments within…

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Manufacturing Leads Non-Oil Tax Revenue With ₦404bn Contribution

Manufacturing emerged as the highest contributor to Nigeria’s non-oil tax revenue in…

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Oil Exports Drive Nigeria’s Current Account Surplus to $4.98bn

Nigeria's current account surplus climbed to $4.98 billion in the first quarter…

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Dangote Refinery Cuts Petrol Price as Marketers Predict Drop to N1,200 Per Litre

Petrol prices may soon decline to around N1,200 per litre as the…

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