Gulf’s dominance grows as a result of OPEC+ oil quota reform.
The recent reforms at OPEC, outlined by Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman, aim to reward countries that…
Day: June 28, 2023
Naira devaluation: Telcos warn customers to expect price increases.
Telecommunication firms in Nigeria are working with their regulator, the Nigerian Communication Commission (NCC), to review the prices of their…
Currency in Circulation Jumps to N2.53tn – CBN.
According to the Central Bank of Nigeria (CBN), currency in circulation in the country increased by 157.27 percent to N2.53…
Subsidy removal: Poor Nigerians will hit 101 million without palliatives, says World Bank
The World Bank has highlighted Nigeria’s high inflation rate as a significant factor in pushing an estimated four million people…
The World Bank estimates that Nigeria may save $5.1 billion this year through reforms.
The World Bank has stated that Nigeria stands to save up to 3.9 trillion naira (approximately $5.10 billion) this year…