The real issue is not merely, “Should Nigeria restore the fuel subsidy?” The bigger question is: What happened to the resources generated by its removal, and...
Now, the responsibility is to ensure Nigerians see the benefits of the reform through lower inflation, stronger purchasing power, better infrastructure, more jobs and a more...
Nigeria does not need leaders who merely understand what citizens want to hear; it needs leaders who can explain what is economically possible and how it...
The Revenue Mobilisation Allocation and Fiscal Commission told a Senate committee that Nigeria spent N1.16 trillion on fuel subsidy in 2021, alongside other oil sector deductions.
Dangote Refinery and other fuel marketers reduced petrol depot prices across Lagos, Warri, Calabar and Port Harcourt in fresh market cuts.
Nigeria could see another wave of inflation as crude oil rises above $100 per barrel, with experts warning of higher petrol prices and increased living costs.
Experts argue that lasting solutions lie in strengthening local refining capacity, improving the value of the naira, ensuring transparent pricing mechanisms, and promoting healthy competition within...
Nigeria recorded higher petrol demand in April 2026 despite rising PMS prices, while crude oil production remained below the OPEC quota.
The story of fuel price increase in Nigeria is often told in numbers and policies, but in Borno, it is about people. It is about the...
Airlines in Nigeria avert shutdown amid rising jet fuel costs linked to global oil price spikes caused by Iran conflict.
Chris Imumolen says Tinubu did not campaign for Adeleke but his decision not to deploy federal power against the governor...
Kebbe Local Government has distributed food and household supplies to families displaced by terror attacks while paying medical bills for...
Raphinha and Fermin Lopez scored twice each as Barcelona cruised to a 5-0 victory over Elche in their La Liga...
Ferran Torres rescued PSG with two goals as the French champions came from 2-0 down to draw 2-2 at Rennes...
Nollywood veteran Taiwo Hassan ‘Ogogo’ has died at 66 after a battle with Stage 4 cancer. His daughter announced his...
Former Vice President Atiku Abubakar defends his targeted fuel subsidy plan and accuses the Tinubu administration of favouring oil investors...
Brighton thrashed Aston Villa 4-0 at the Amex Stadium as Maxim de Cuyper scored twice and Jack Hinshelwood netted a...
Joao Pedro has extended his Chelsea contract after scoring 20 goals in his debut season, committing his future to the...
Man Utd began their Premier League campaign with a 2-0 loss to Hull as Michael Carrick admitted his team have...
Edo Commissioner Kassim Afegbua says Davido was not banned from the state and would be happily hosted if he chooses...
For more than seven decades, Ghana and Russia have had excellent diplomatic relations and looking forward to build a stronger...
Liverpool face their first season without Mohamed Salah since 2016, while Man City begin life after Pep Guardiola under Enzo...
NESG forecasts 15.5% inflation and 4.2% GDP growth for Nigeria in 2026, with oil, manufacturing and services expected to support...
USD to NGN today: The dollar is quoted at ₦1,344.45 at NFEM and about ₦1,404 in the black market on...
Jamal Musiala has returned to training after undergoing tests following his collapse during Bayern Munich’s friendly against RB Leipzig.
Full list of Super Eagles players who changed clubs this summer, including Awoniyi, Iheanacho, Akor Adams, Onyedika, Orban and Onyeka.
Todd Boehly and Mark Walter could sell their Chelsea shares to Clearlake Capital, with reports suggesting they value their stake...
Arsenal beat Manchester City 3-0 in the Community Shield as Enzo Maresca suffered a difficult first major test following Pep...
Arsenal and Manchester City clash in the Community Shield as Enzo Maresca takes charge of City for the first time...