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Nigeria’s Parliament Approves Expanded ₦68.3 Trillion 2026 Budget After Presidential Review

April 1, 2026 Steven Addamah 0

Nigeria’s Parliament on Tuesday approved a revised 68.30 trillion naira ($49.38 billion) budget for 2026, following a request by Bola Tinubu to adjust the initial […]

Dangote refinery pledges to prioritise Nigeria’s domestic fuel supply

March 10, 2026 Steven Addamah 0

Nigeria’s Dangote refinery has pledged to prioritise the domestic fuel market in a bid to prevent shortages and cushion the impact of rising global oil […]

Nigeria Tightens Cash Controls with New Withdrawal Limits to Strengthen Financial Security

December 4, 2025 Steven Addamah 0

Nigeria’s Central bank on Wednesday, 3 December, has unveiled a comprehensive overhaul of its cash management framework, introducing tighter withdrawal caps and removing charges on […]

Nigerians Fume as Telecom Giants MTN and Airtel Triple Data Prices Amid Economic Crisis

February 13, 2025 Steven Addamah 0

Nigerians are reeling from steep hikes in mobile data prices by MTN and Airtel, two of the country’s largest telecom providers, exacerbating an already dire […]

Nigeria’s Fuel Subsidy Dilemma Deepens as Debt to Suppliers Soars

July 5, 2024 Steven Addamah 0

Nigeria’s state oil company NNPC faces mounting challenges as its debt to gasoline suppliers has surged to over $6 billion, doubling since April. This financial […]

Central Bank of Nigeria Establishes Minimum Capital Base Requirements for Banks

March 29, 2024 Steven Addamah 0

The Central Bank of Nigeria has introduced revised minimum capital requirements for banks in a move aimed at bolstering their resilience and fortifying the country’s […]

Fuel prices in Nigeria almost triple in two days

June 1, 2023 Steven Addamah 0

Prices at the pump almost tripled at service stations in Nigeria after the new President announced on Monday that he would end fuel subsidies, journalists […]

Nigeria: Supreme Court extends validity of old naira bills

March 6, 2023 Steven Addamah 0

The Supreme Court on Friday extended the validity of old banknotes in Nigeria, invalidating a government directive that has been causing a severe cash shortage […]

Nigerian president to keep small denominations of the old naira in circulation

February 17, 2023 Geraldine Boechat 0

Nigerian President Muhammadu Buhari on Thursday ordered the continued circulation of low-denomination banknotes, recently replaced by new ones, in order to limit the cash shortage […]

Nigeria’s Electoral Commission confirms that elections will be held

February 9, 2023 Steven Addamah 0

Nigeria’s Electoral Commission (Inec) said Wednesday that the presidential election will be held as scheduled on February 25 despite massive shortages of gasoline and new […]

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