The delivery of a million barrels of crude oil to huge new refinery in Nigeria marks a major milestone in the process towards ...

Nigeria's huge oil refinery built by Africa's richest man Aliko Dangote received its first crude deliveries, the company said ...

A chieftain of the All Progressives Congress and former Minister of Works, Dayo Adeyeye, on Thursday said that Nigeria would ...

The fuel subsidy removal policy of President Bola Tinubu's government, which took off in June 2023, negatively affected 90 ...

Increasingly high inflation generates spending pressure on the government and raises social risks, while the extent of fiscal ...

Despite the hardship occasioned by fuel subsidy removal in June, the service sector has pushed Nigeria's Gross Domestic ...

Nigeria’s cold-turkey approach is more aggressive than most advocates recommend. While economists draw a causal link between fuel subsidies and an index of miseries – poverty, corruption, cross-border ...

The student body argued that Nigeria will not achieve rapid economic growth if it continues to import petroleum products from foreign countries.

Ratings agency Moody's on Friday revised its outlook on Nigeria to positive from stable, citing possible reversal of the deterioration in the country's fiscal and external position due to authorities' ...

Nigeria plans to narrow its budget deficit to roughly 3.9% of gross domestic product (GDP) next year from about 6.1% this ...

Nigeria's president has delivered his first budget since taking office, as the country faces a deepening cost of living ...