What Has The Removal Of Subsidy Gained? The NNPC Can’t Still Account For Its Revenue – Dr. Adum
Former Attorney General of Benue State, Dr. Alex Adum, has questioned the benefits Nigerians have gained from the removal of the fuel subsidy, arguing that some of the problems the policy was expected to address appear to persist despite its…
Nigeria: IMF Tasks Central Banks To Be Explicit On Risks, Communicate Effectively On How Policy Responds To Changing Conditions
Given the high degree of uncertainty globally, the International Monetary Fund (IMF) has tasked central banks to be explicit about risks, with the goal of reflecting the degree of underlying macroeconomic uncertainty accurately. The multilateral lender…
How Fuel Subsidy Removal, FX Unification Strengthen Nigeria’s Fiscal Position – NRS Boss
The executive chairman of the Nigeria Revenue Service (NRS), Dr. Zacch Adedeji, Wednesday stated that fuel subsidy removal and FX unification have strengthened Nigeria’s fiscal position. Dr. Adedeji stated this in a presentation titled: ‘Fiscal Renewal,…
Oye Queries N11.85tr Borrowing, N30.64tr Govt Spending
Raising concerns over transparency and accountability in the Federal Government’s $5 billion financing arrangement with First Abu Dhabi Bank, the Chairman of the Alliance for Economic Research and Ethics LTD/GTE, Dele Oye, questioned the composition of…
Nigeria’s Poverty Rate Hits 63% Despite Lower Inflation — World Bank
Nigeria’s poverty rate rose to 63 per cent in 2025, with about 140 million people estimated to be living below the national poverty line, despite a significant easing in inflation, according to the World Bank’s April 2026 Nigeria Development Update. The…
NPERA’ll Ease FX Pressure On Naira, End Port Regulatory Conflicts – Akutah
The Executive Secretary of the newly established Nigeria Ports Economic Regulatory Agency (NPERA), Dr Pius Akutah, has said the agency will reposition Nigeria’s ports to generate more foreign exchange, attract investment and drive broader economic…
NFIU Received Over 28mln Reports On Transactions Involving PEPs In 2025
The Nigeria Financial Intelligence Unit (NFIU) received more than 28.1 million reports on transactions involving Politically Exposed Persons (PEPs) in 2025, highlighting the scale of financial institutions’ compliance with anti-money laundering and…
NFIU: Public Funds, Farms, Firms Used In Money Laundering
The Nigerian Financial Intelligence Unit (NFIU) has identified serious vulnerabilities in Nigeria’s public financial system, businesses, and cross-border transactions, warning that state and local government funds, procurement processes, agricultural…
How “Fake” Made-in-Nigeria Agency Rricked Us’ – Anambra Govt
Anambra State Government has revealed that it planned to host a fair in collaboration with the recently exposed fake Made-in-Nigeria Agency. The agency was recently exposed as fake and non-existent. However, the Secretary to the Anambra State…
Tinubu’s Subsidy Is The Biggest Scam In The World – Donald Duke
Former Cross River State Governor, Donald Duke, has heavily criticized President Bola Tinubu’s economic policies, explicitly labeling the administration’s handling of the fuel subsidy removal as “the biggest scam in the world.” Duke made…