Crude becomes Nigeria’s third largest import as local refineries seek foreign oil
Nigeria spent N1.19 trillion importing crude oil in the first quarter of 2025, making it the third most imported commodity
Nigeria spent N1.19 trillion importing crude oil in the first quarter of 2025, making it the third most imported commodity
Benue State recorded the most significant decline in food inflation nationwide in May 2025, falling to 22.0% year-on-year from 51.8%
The International Monetary Fund (IMF) has raised concerns over the persistently high levels of poverty and food insecurity in Nigeria,
Nigeria’s economy grew by 3.84% year-on-year in real terms in the fourth quarter of 2024, marking an improvement from 3.46%
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has warned that the imposition of increased tariffs by
Nigeria’s broad money supply (M3) rose to N110.98 trillion in January 2025, marking a 17.3% year-on-year (YoY) increase from N94.61
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