Nigerian economy Archives

Subsidy Is Back, Rufai Oseni Says, Credits Atiku for Petrol Relief Debate 0

October 9, 2026

Subsidy Is Back, Rufai Oseni Says, Credits Atiku for Petrol Relief Debate Nigerian journalist Rufai Oseni has described the Federal Government-backed 30-day petrol discount at Nigerian National Petroleum Company Limited (NNPC) Retail outlets as a return of fuel subsidy, despite the government’s insistence that the initiative is a commercial price reduction. Speaking on ARISE Television’s

NNPC Petrol Discount Not Fuel Subsidy, Oyedele Explains 0

NEWS, SLIDE

October 9, 2026

NNPC Petrol Discount Not Fuel Subsidy, Oyedele Explains The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has clarified that the 30-day petrol discount introduced by the Nigerian National Petroleum Company Limited (NNPC) Retail does not amount to a return of fuel subsidy. US Reportedly Schedules Fort Hood Shooter Nidal Hasan’s Execution

Tinubu Meets Uzodinma In Lagos, Details Of Meeting Emerge 0

NEWS, SLIDE

October 5, 2026

By Newsworld President Bola Tinubu on Sunday met with Imo State Governor and Chairman of the Progressive Governors Forum (PGF), Hope Uzodinma, in Lagos, urging state governors to ensure that Nigerians feel the direct impact of his administration’s economic reforms. Uzodinma, who briefed journalists after the meeting, described his discussion with the President as a

CBN Cuts Interest Rate To 23%0
- BUSINESS, NEWS
- September 22, 2026
The Central Bank of Nigeria (CBN) has reduced the country’s benchmark interest rate from 26.5 per cent to 23 per cent, following the conclusion of the Monetary Policy Committee’s (MPC) 307th meeting in Abuja on Tuesday. CBN Governor, Olayemi Cardoso, announced the decision, which represents a 3.5 percentage-point reduction in the Monetary Policy Rate (MPR),
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Aisha Buhari Visits Atiku 0
- NEWS, SLIDE
- September 17, 2026
Former First Lady of Nigeria, Aisha Buhari, on Wednesday paid a courtesy visit to former Vice President and 2027 African Democratic Congress (ADC) presidential candidate Atiku Abubakar. Atiku disclosed the visit in a personally signed statement, describing the meeting with the former First Lady as warm and deeply appreciated. According to the former Vice President,
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Dangote Reveals Biggest Business Mistake, Says Textile Collapse Cost 8,000 Jobs 0
- BUSINESS, SLIDE
- September 16, 2026
Billionaire businessman Aliko Dangote has identified his investment in Nigeria’s textile industry as the biggest business mistake of his career, recalling how the venture eventually collapsed amid intense competition from imported products. Dangote made the disclosure during an interview with Arise Television, where he reflected on some of the challenges he encountered while building his
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