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
All posts by Tobi Tunji
Read More »
Tobi Tunji
15:23
Benue food inflation drops to 22% despite deadly attacks
Benue State recorded the most significant decline in food inflation nationwide in May 2025, falling to 22.0% year-on-year from 51.8%
Tobi Tunji
09:23
IMF flags rising hunger, poverty despite Nigeria’s economic reforms
The International Monetary Fund (IMF) has raised concerns over the persistently high levels of poverty and food insecurity in Nigeria,
Tobi Tunji
19:20
BREAKING: Nigeria’s GDP growth hits 3.84% in Q4 2024, driven by services sector
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%
Tobi Tunji
21:20
US tariff hikes could drive inflation higher in 2025 – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has warned that the imposition of increased tariffs by
Tobi Tunji
03:21
Nigeria’s money supply surges to N110.98 trillion as MPC members meet to decide rates
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
